FTM(based on NEo wave)on this situation for now it is a counter triangle and the E wave looks like a flat pattern,I will share the smaller time frame.
FTMUSDT trade ideas
FTM roadmapFrom where we put a red arrow on the chart, the price has entered the correction phase.
It seems to be at the beginning of wave C now. The larger pattern can be a flat, triangle or diametric.
We have a resistance swap on the chart that whenever the price reaches this swap, we expect downward rejection.
The green range is a very strong support range that we will look for buy/long positions whenever the price reaches it.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
FTM / USDT Buyside idea. FTM / USDT is a performer alt coin and luckily its on perfect support area for long run buys, current price of 0.588 is solid support area and as per my analysis it can potentially hit 0.75-0.8 cents within next couple of weeks to a month. Which will be around 30% gain from current price!
Fantom is painting a huge inverse H&S on HTFFantom has performed exceptionally well in the previous bull market with more than a 200x growth, and now it is trading almost 81% down from ATH. The support I have in mind for FTM is at $0.36, with the target at $2.6 and the optimistic target at $27. DYOR
+500% Profit Target for FTM Long Trade#FTM/USDT #Analysis
Description
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+ Price has hit the support line and holding strong in the support line.
+ Price is expected to bounce back from this support line, if the support breaks then next support is expected to hold strong.
+ Im entering a long trade with low leverage
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VectorAlgo Trade Details
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Entry Price: 0.5628
Stop Loss: 0.2946
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Target 1: 0.6741
Target 2: 0.8513
Target 3: 1.1139
Target 4: 1.3869
Target 5: 1.8470
Target 6: 2.5392
Target 7: 3.3576
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Timeframe: 1W
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
Fantom — Nice Bounce & Bollinger Bands Signal — High Probability Fantom is one of the coins you should examine closely today. The token had a massive bounce after today's sell-off and performed strongly.
FTM equalized the losses at the time of writing and is up almost 3%.
Moreover, Fantom flashed a bullish Bollinger Bands signal on the 4H chart. In this case, backtests show extraordinary results, achieving 2% and 5% gains.
However, if FTM continues to perform it could even go much higher since the next resistance sits at $0.65 — resulting in gains of ~15%.
Nevertheless, using 5% as a first profit target might be a good idea.
Trading Signal For FTMUSDT Fantom (15m) Trading Setup:
There is a Trading Signal to Sell in FTMUSDT Fantom (15m) (futures)
Traders can open their Sell Trades NOW
⬇️ Sell now or Sell on 0.5880
⭕️SL @ 0.6130
🔵TP1 @ 0.5269
🔵TP2 @ 0.4905
🔵TP3 @ 0.4425
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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$FTMUSDT shortentry level on the order block
watch out your leverage, this is a risky trade
your trade, your risk!
Fantom longFTM bouncing off the major bullish trendline and the support level. The bullish trend is expected to continue and reach the resistance at $0.94
FTMUSDT 1D#FTM has formed a falling wedge pattern on the daily timeframe. It has bounced off the support and appears ready for a breakout. Keep an eye on it. Potential targets are:
$0.6224
$0.6848
$0.7887
$0.8925
$1.0211
$1.2289
FTM"One of the great investment currencies, it just requires patience. The targets are indicated on the chart."
Fantom FTM price will show good growth?#FTM is a coin with a history, which is probably why it is still relatively well "held" compared to other altcoins.
Now, the A-B-C correction is probably coming to an end and the price has entered the liquidity zone.
Therefore, if you are holding it, continue to do so, because there is a chance of growth, at least to $1.79.
1️⃣ If you believe in the #Fantom project and see prospects in it and want to buy it, you can safely place pending limit orders in the range of $0.36-0.42 and forget about them for a while.
2️⃣ Or you can closely monitor the behavior of the #FTMUSDT price in the current price range.
It depends on how much time, nerves, and enthusiasm you have)
_____________________
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Chart Idea - FTMUSDT Swing LongFTMUSDT broke out from it's long bull flag. There are 3 confirmations which lead me to open this long trade.
Bounced
- from the 0.786 fib level
- from upward diagonal support
- from the diagonal support which was the resistance last year in Feb 2023
Entry: 0.76
TP: 1.95
SL: 0.618
It's a swing trade and could take weeks to play out. Will keep on updating on this thread.
FTM 1dAs you can see, the important support has been touched 3 times and this time it should be broken.
I predict that the price should move towards the higher targets from the 47 cents point, otherwise the analysis really doesn't work in this market.
ZOOM OUT AND YOU WILL SEEYou don't need any fancing trading tools on this. Turn on the 3 month time frame and the support is crystal clear. This candle closes in a couple weeks so not too far off. I already started accumulating for a much larger move.
Fantom moving towards 0.75, seems bullish Personal idea: fantom after reaching around 0.9 price has got deep correction. daily chart shows pre bullish movements first target of 0.75. Good 🙂luck 👍
Quick Swing Trade on FTMThe picture says it all. Punted a long at current prices, expecting a push later this day or next few hours.
Stay safe!
Fantom (FTM): Possible Re-Test of Neckline ZoneFantom has had a really nice breakout since forming that cup&handle pattern on a daily timeframe.
We are looking now for that broken zone to be re-tested while forming a small triangle formation here with a potential breakout moment!
Swallow Team
Just an IDEA ( FTM 1D )I think we are not in a good situation right now, and we need to follow this trendline. Since the EMA 200 daily is under this trendline, it is very important.
We could hope that if we lose the trendline, We might go down with a shadow, touch the EMA 200, and then go back above the trendline again. Meanwhile, 0.55 is still a good level to consider.
Bullish Scenario:
If FTM can maintain above the trendline and the EMA 200, we might see a rebound towards the resistance levels at 0.8132 and potentially 1.0348.
A break above 1.0348 could signal a stronger upward movement.
Bearish Scenario:
If FTM breaks below the trendline and fails to hold the EMA 200 support, we could see a drop towards the 0.55 support level.
The worst-case scenario THAT I DONT WANT TO Consider YET , is that we could see FTM dropping to around 0.42-0.43.
let me know what you think please
FTMUSDT Short Position (15 Jun)Hello my friends.
FTM chart is clear for entering short position. Be careful, open your position after see the confirmation
FTM/USDT Daily Chart: Key Supply and Demand ZonesBINANCE:FTMUSDT
The chart is for the cryptocurrency pair FTM/USDT on the Binance exchange, displayed on a daily timeframe with Heikin Ashi candles. The chart shows various supply and demand zones, Points of Interest (POI), and key levels.
### Chart Analysis:
1. **Current Price**: The current price of FTM/USDT is 0.6084 USDT.
2. **Supply Zones**:
- Around 1.8000 USDT
- Around 1.3000 USDT
- Around 0.9500 USDT
- Around 0.8000 USDT
3. **Demand Zones**:
- Around 0.3500 USDT
- Around 0.5200 USDT
4. **Points of Interest (POI)**:
- Multiple POIs indicated on the chart, suggesting significant levels where price action may have shown notable movements.
5. **Volume Profile**:
- The volume profile on the right side shows higher trading volumes at certain price levels, especially around the mid-price range.
6. **Price Movements**:
- The price has previously reached highs and experienced significant movements between the supply and demand zones.
### Key Observations:
- **Immediate Support**: The nearest demand zone around 0.5200 USDT could act as immediate support.
- **Immediate Resistance**: The nearest supply zone around 0.8000 USDT could act as immediate resistance.
- **Market Trend**: Given the presence of multiple demand zones below the current price and supply zones above, the market appears to be in a range-bound phase or experiencing consolidation.
### Potential Trading Strategy:
- **Long Position**: Consider entering a long position near the demand zone around 0.5200 USDT, with a target towards the supply zone at 0.8000 USDT. Ensure a stop loss below the 0.5200 USDT level to manage risk.
- **Short Position**: Consider entering a short position near the supply zone at 0.8000 USDT, with a target towards the demand zone at 0.5200 USDT or below, depending on risk appetite and market conditions.
