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FTMUSD trade ideas

Fantom Inverse head & shoulders to reclaim last six month lossesGood afternoon Lads, The last six months have been very painful. I have been buying more and more crypto but my account goes lower and lower as things find their bottoms. But my total stack of crypto in terms of unit of account has gone up. There hasn't been much to post. But now I have a reversal structure in the shape of an inverted head and shoulders. So far this pattern has developed over around 70 days and its pretty close to the neckline. This is basic charting and Elliot wave theory. Price had an initial uptrend. This creates an opportunity for profit taking and a pull back. We can see that in the ABC correction. We have completed a reversal pattern around what use to be previous resistance (the black triangle). In short order we should see the price of fantom double. That is almost cute compared to what we are looking for in the long run. Here is a Fibonacci extension our current impulse and correction. Hitting 1.618 and 2.618 targets is standard long term targeting. That is an 11x then a 90x if you have strong hands Those targets become cute themselves when you look even further out. In a year, when things seem to have gone absolutely crazy and crypto and the world has lost its mind I expect to see fantom up there over 700x. I expect massive and vicious pull backs on the way centered on the 0.618 and 0.786 levels. But that won't matter to me. I will have reached my financial goals way before then. 54 weeks are left in the cycle. The longer we go sideways after the halvening the better I see the upside being.
CRYPTO:FTMUSDLong
by This_Guhy
5
Fantom: Come Back!We primarily expect a return into our orange Target Zone (between $0.3220 and $0.1866) before the orange wave v and thus the green wave comes to an end. After that, a sustained rise above the resistance at $0.54 should occur. However, as the price had already approached the range, the technical minimum requirement for the correction low has already have been met. Should we now see a rise above the resistance at $0.54 (33% likely), we will thus have to see the price in the orange-colored wave alt.i.
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by MarketIntel
FTM in Monthly Chart Hello I do not want to talk about it because I have discussed a lot and this crypto coin is following most of other its teammates but the only point you need to mention is your psychology. This is Financial Market and anything is possible, anything, do not forget that. One of my favourite practices is to go to large timeframes and watch that market in simplest way without noises, I recommend it for you too. I hope to buy FTM in its cheapest prices since January 2022. Thanks
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by AMA_FX
Fantom FTMUPCOM:FTM is still in a bearish trend. A confirmation for a beginning of a wave C has happened in my view, therefore an impulsive wave with 5 inner waves shall happen. Passing above $1.2776 invalidates the idea. I expect the bearish move to end between $0.0772 : $0.0314 according to the Fibonacci retracements 50% & 61.8%, but precisely at $0.0606 due to the 100% Fibonacci's extension from the wave A up to wave B. - Note: Taking the Fibonacci retracements & extensions targets as accurate or precise numbers is wrong. They're just used as guides to where the price is expected to bounce from or to go to.
CRYPTO:FTMUSD
by MohamedSewid
FTM Rebound After Finding Support, a buy opportunity. Fantom (FTM) bulls may be catching their breath after a recent price dip. FTM found support at $0.80 on the daily timeframe chart, following a fall from a high of $1.22 . If FTM breaks above the current resistance, key levels to watch include: First Resistance : $0.94 - A successful breakout above this level could indicate further bullish momentum. Second Resistance : $1.023 - Surpassing this resistance could be a significant step towards revisiting the previous high of $1.22 .
BITSTAMP:FTMUSDLong
by Z4F4R
1