FTMUSD trade ideas
FTM/USDT SHORT IDEAFTM/USDT SHORT IDEA
FTM puked along Bitcoin
If we can reclaim the line above CMP I expect some consolidation before spiking up and filling the FVG above
afterwards I expect a rejecttion to the downside
If price gets above the HTF downtrend (trendline) we could move higher. (invalidation point)
FTMUSD - Just an Idea48.5 _ 51 C looks good for entry for a short poss to 78 C
Not an advice, JUST AN IDEA :)
FTMThis is best time to buy this coin first target around 0.80 second target will upto 1 or 1.10 however if this coin go more in downtrend please close your position right now it's look perfect Time to buy
FTM 2023-2024📉📈 #FTM #cryptocurrency seems to have a bearish trend on the medium-term investment horizon, according to my analysis. #CryptoInvesting #HODL 📉📈
FTM - Bearish Divergence 🧐This coin is showing all the life signs of being a real big hitter potentially at the start of a bull run.
But short term the daily RSI is showing bearish divergence and so we'll be looking for it to drop off a bit, perhaps to around 50-60 or at support depending on whether it is a or a continuation pattern pattern sharp correction .
That said FOMC meeting will be next week and along with debt ceiling issues there may be some turbulence, so we'll see. If BTC gets rocked then this may go lower so not looking to rush in as there may be discounts in the pipeline.
Overall this looks very bullish but there are some potential bumps in the road.
Not advice.
Repeat please ?
We always say that history always repeats itself.
That may be the case here.
A nice throwback we have there.
Correction in an uptrendOn the 4-hour chart in Phantom we saw a strong bullish wave after a long bottom, we are now seeing a correction.
The first support will be 0.5 range, the next support will be 0.417, this is just an analysis and respected investors with capital management can base their decision.
FTM ~ Approaching the resistanceTime to fade this BMR aka bear market rally around 0.64$.
For Bull to take control, price need to take support at mid level around 0.35-0.38C.
If fails, 0.10~0.13C would be good levels for investment.
FTm bull penn playing outWe are almost to the target but i wanted to point out this textbook breakout and retest of the bull pennant
FTM tripped on the hurdlewe have been rejected in the .50 cent again so we have all signs pointing to the double top target you see on the chart ....will it play out????
FTM one last hurdle.52 cent is the only line we have not broken since mays dump .46 needs broken again now and i would like to enter at .42 if we can revisit it. After that .68cent then 1.00 to 1.08
$FTM LONGFTM after breaking out of the falling wedge pattern has now formed a cup and handle pattern. It is currently facing a resistance at $0.48.
Breakout from here and we should be looking at $0.52
FTM: Macro Head and Shoulders FTM has put in a temporary bottom at .382 fib at $0.2 along the 1.618 fib channel line with Weekly Bullish Divergence finally playing out. I do expect the cryptocurrency rally to continue after a breather/period of consolidation. Expecting FTM to eventually make a 50-61.8% retracement back to $0.8-$1.12.
FTM ~ Approaching resistanceExpecting roundtrip to range low once DXY reverse.
Deviation and under touch 43c would be trigger.
FTM Elliott wave analysis Hello, it seems that the FTM currency in the form of zigzag Elliott waves has a correction ahead, and wave A seems to be completed and ready for wave B.
FTM: short setupThis is one of the most dangerous short set-ups in the market.
Untouched prices since Jan21 Run-up resulting in 'air' below the current price level.
breaking 0.174 will be the first confirmation.
Targets:
1) 0.060: previous ATH
2) 0.028 : Origination of move and 0.61 extension of the current range
FTM/USDT. Another coin on our watchlist today is going to be FTM coin. well currently at $0.2042 this coin is sitting just above the trend and also is currently in a range of tight BB path which is usually referred as "Calm before the Storm". So here we are with two possible scenarios here - any thought?
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FTM/USDT Elliott Wave count 12H TFFantom into a falling wedge pattern what I think it is a 5th wave ending diagonal, translated into Elliott wave theory.
Probably we ended the wave A from an ABC 5th wave of a 5th wave bigger degree and now we may enter into wave B from this ABC pattern(red count).
A trade plan here is to sell into 0.5 - 0.618 fib retracement (0.235 - 0.226 zone) of the wave A where also we have a strong resistance, the red pointed slope trend line.
Targets for this 5th wave is 0.150 - 0.145 zone where we have previous low from July 2021. We may take into consideration a truncation here as 0.618 fib extension 3rd vs 4th it perfectly aligns with the previous November 22 bottom.
Bigger picture remains bearish on FTM.
Any breakup of the wedge pattern will invalidated the count!!
If you want me to analyze other coins that interest you, please write in the comments, I will gladly do it within the available time.
Good luck!
