FTM approaches demandFTM approaches the demand zone on this market dump, keep in mind these are local daily timeframe demands. Weeklys are MUCH lower than dailies but I do not expect them to dump that far.
-Expect 74-82 cents here with possible flushes below the purple trend
FTMUSD trade ideas
FTMUSDT SHORT OUTLOOKHello Traders, this is outlook that i think might be work. All Entry, Stop Loss, and Take Profit its already showed up. All trade it is on yourself. DYOR.
FTMUSDT.PCertainly! Here's a description for FTM USDT.P:
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**FTM USDT.P (Fantum USDT Pegged)**
FTM USDT.P is a groundbreaking cryptocurrency designed to bridge the stability and reliability of the US Dollar Tether (USDT) with the innovative Fantom blockchain technology. This digital asset serves as a vital bridge between traditional finance and decentralized ecosystems, offering users the benefits of both worlds.
Powered by Fantom's lightning-fast blockchain infrastructure, FTM USDT.P ensures swift and cost-effective transactions, catering to the demands of a rapidly evolving digital economy. Its integration with the USDT stablecoin provides stability and mitigates the volatility often associated with traditional cryptocurrencies.
**Key Features:**
1. **Stability:** FTM USDT.P is pegged to the value of the US Dollar, providing users with a secure and stable medium of exchange within the decentralized finance (DeFi) landscape.
2. **Efficiency:** Leveraging Fantom's high throughput and low-latency consensus mechanism, transactions involving FTM USDT.P are processed swiftly, enhancing user experience and facilitating seamless transfers of value.
3. **Interoperability:** FTM USDT.P is interoperable with a wide range of decentralized applications (dApps) and platforms within the Fantom ecosystem, empowering developers and users to explore diverse financial services and utilities.
4. **Transparency:** Built on blockchain technology, FTM USDT.P ensures transparency and immutability of transactions, fostering trust and confidence among its user base.
5. **Accessibility:** As a digital asset, FTM USDT.P offers global accessibility, enabling users worldwide to participate in decentralized finance, remittances, and cross-border transactions with ease.
**Use Cases:**
- **Remittances:** FTM USDT.P facilitates instant and low-cost cross-border remittances, empowering individuals and businesses to transfer value globally without intermediaries.
- **DeFi Applications:** FTM USDT.P serves as a cornerstone for various decentralized finance applications, including lending, borrowing, yield farming, and decentralized exchanges (DEXs), unlocking new avenues for financial inclusion and innovation.
- **Commerce:** Merchants and businesses can accept FTM USDT.P as a reliable payment method, benefiting from fast settlements and reduced transaction fees compared to traditional payment networks.
**Conclusion:**
FTM USDT.P represents a significant milestone in the convergence of decentralized finance and stablecoin technology. With its unparalleled speed, stability, and interoperability, FTM USDT.P is poised to catalyze the mainstream adoption of decentralized finance, offering users worldwide a robust and efficient alternative to traditional financial systems.
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Feel free to adjust and customize it further based on specific details or preferences!
FTMUSDAccording to the waves analysis we can expect that price rise again to the green zone. follow me for more ideas
FTM USDT 27% PROFIT TARGET READ DISCRIPTIONCertainly! Let's break down the potential trade setup for FTMUSDT:
1. **Market Analysis**: FTMUSDT is currently positioned within a buying and demand zone, typically areas where significant buying interest exists. Additionally, it's identified as a reversal zone, suggesting a potential change in the direction of price movement. This zone ranges from 0.94 to 0.97, indicating levels where buyers are likely to enter the market, potentially leading to a reversal in the downtrend.
2. **Price Action Analysis**: The price action analysis reveals that FTMUSDT is within a buying zone and forming an ascending triangle pattern. Ascending triangles are bullish continuation patterns characterized by a flat upper trendline and a rising lower trendline. This pattern suggests increasing buying pressure and potential upward momentum.
3. **Trading Conditions**: To initiate a trade, specific conditions must be met. Firstly, a bullish candle breaking above the upper trendline of the ascending triangle acts as a signal for a potential bullish breakout. Secondly, confirmation of the breakout occurs when the accompanying volume surpasses the moving average, indicating strong buying interest and supporting the validity of the breakout.
4. **Profit Target**: The profit target for this trade is set at 29%, indicating the desired percentage increase in price from the entry point. This target reflects the trader's expectations for the potential upward movement in FTMUSDT following the breakout from the ascending triangle pattern.
5. **Risk Management**: Alongside profit targets, implementing effective risk management strategies is crucial. Traders should consider placing stop-loss orders to limit potential losses in case the trade moves against expectations. Additionally, monitoring the trade closely and adjusting positions as necessary is essential to manage risk effectively.
6. **Market Psychology**: Understanding market psychology is key. The presence of a buying and demand zone, coupled with the formation of an ascending triangle pattern, suggests increasing optimism among traders. This optimism could further reinforce the bullish momentum if prices start to rise, potentially attracting more buyers into the market.
7. **Flexibility and Adaptability**: Traders should remain flexible and adaptable in their approach. Markets are dynamic, and unexpected events can occur. Being prepared to adjust strategies in response to changing market conditions is essential for successful trading.
In conclusion, the trade setup for FTMUSDT presents a compelling opportunity based on a combination of technical analysis, price action, and market psychology. However, prudent risk management and continuous monitoring of market conditions are essential to navigate the trade effectively and maximize potential returns.
FTMUSDT SHORT OUTLOOKHello Traders, this is outlook that i think might be work. All Entry, Stop Loss, and Take Profit its already showed up. All trade it is on yourself. DYOR.
FTM channel continues 1$ supportFTM continues within the broader upward channel, bouncing off a failed breakout attempt and retesting the 1$ range. This psychological level was upheld so far creating another range of support. I expect 1.33ish within two weeks. A stochastic reset here makes sense with the oscillation we have noted within the channel. BTC remains much stronger than I expected. I predict that FTM will be a very strong token throughout this year.
FTMUSDImpulsive price action add credence that wave (3) of ((3)) unfolds with possible target 1.618 fib extension.
We used log scale on this count!
FTM tests channel breakoutFTM has grown immense strength after the last several weeks. My short-term target has been hit at 1.11$. This is a test to flip the channel into a supportive structure on the top side.
-Next stop 1.26$ since the fed party allowed us to continue rampaging through the markets ; D
FTM is in a huge rush to the moonOh my goodness!
We just broke out of an ascending channel!
In daily time-frame we have a superbullish flag.
Sky is the limit.
Check my other ideas before it's too late .
Fantom is going banana!Hello hello.
Look at weekly RSI.
can you see its grandeur?
As i said before, FTM has no obstacle.
I exit around $6
FTM approaches targetFTM, one of my layer-1 holdings approaches the target of 1.1$. I expect this token to have a major run this cycle as the blockchain truly offers one of the best user experiences. Yesterday I used Solana, Arbitrum, Avalanche and FTM, and honestly, Solana was the worst, most laggy experience with failed transactions. The other three chains although more expensive fee wise ran much better. FTM is only about a 1 cent transaction fee these days anyways. I will update price levels when this area becomes support on the daily.
-Short-term 1.1$
-Next area of interest 1.26$
Fantom will go up faster than fantoms.Hello hello.
Look at this lovely chart!
New ATH is as easy as ABC.
A monthly broke out from ATH means on thing: catch me if you can!
$FTM: The supercycle is here, and you're still not buying? PFFFFAccumulation cycle done. Markup cycle beginning. Do you need anymore?! Send this bad boy to $2 PRONTO.
AT CryptoScan: Why I like FTMUSD... Projection to 1.10This is the FTMUSD chart and how I do the projection.
I like FTM cos of
1. What it is
2. It is a reliable laggard that moves after BTC or ETH moves
3. It moves more in percentage terms
4. Technical indicators and chart patterns are relatively stable
Do note that there is a target and a top out date/time.
So... here it is! Let's track it!!!
FTM broke out and eyes 0.4FTM is bullish and broke out of the falling wedge
Leverage 10x
Take profit: 0.4
Enjoy!
FANTOM to 64c#FTM looking good
forming an inverse head and shoulders
As #ETH gas fees explode
layer 2's . EVM forks should start catching a bid
teased us with a false breakout ,,,, but giving us more of an opportunity to accumulate
I expect next summer to be well above a $1
$FANTOM IT IS TIME > $10Yes fantom is about to explode. As many other coins fantom has created a nice structure. Now it is only waiting for volume to increase and we can see Fantom crush some levels above.
FTM god candleFTM just pumped a major god candle during bullish times. With the impending sonic main net FTM is finally getting the attention it deserves for being such a solid chain. If you have not tried it I highly recommend it. Chart wise the momentum trend like is retaken, there is very little price action until 1.11$ with multiple weeks of history. With this insane btc breakout altcoins might go parabolic for a week or two here. I still am wary of a large pre-halving correction though.
FTM 3d Chart, Q1-Q2 2024For the sake of continuity, publishing the FTM chart for this cycle.
In my eyes, if we get the supercycle everyone is calling and we don't get $5 FTM this time around, it'll have under-performed.
This is one of my favorite cryptos to chart, for reference:
Previous accumulation idea:
Last cycle's pre-breakout idea:
3DAY cup and handle forming on FTMFTM 3day chart looks bullish. Already had decent move up recently.
.55 level would be the level to break, then consolidation and then run to the upside.
The first target being 1.00 maybe little higher
Thanks for your time!
Not financial advice, just my 2cents
