FTMUSDT trade ideas
The last word is the rise, but the breaking of the range is moreIn this analysis, we take a second look at the important support and resistance ranges of this currency, and we have specified the signal for friends who are risk aficionados.
Also, for friends who have this currency, we specified important limits for reducing the average.
In this analysis, we mentioned the safe entry for the medium term, that by breaking this resistance range, we can consider 350% growth for this currency.
A SHORT FOR FTMSIGNAL DAY 1
FTM/USDT is short a strong short and zigzag movement in the 4h zone, LOOKING OUT FOR THAT LONG BREAKOUT THOUGH .
This is my chart and not a financial advice.
FTM → Fantom Falls to 200EMA! Long back to $0.53? Let's Answer!FTM marched to the upside with three pushes up in a bull channel touching $0.565, followed by a pullback with three pushes down and strong bull support. Is it time to long?
How do we trade this? 🤔
A long entry is nearly justified. Here's what we have in favor of the long bias; Three pushes up in a bull channel ending at $0.565, followed by three pushes down in a micro-bear channel with strong bull signal bars, and we have a good follow-through bars leading up to the price action being just above the Daily 30EMA. The Daily 200EMA is showing some strong support as well.
What we need is a break of the Daily 30EMA to justify to our long. You could argue a long is justified here simply by the data we already have, and I wouldn't argue against you; I would just say that Daily 30EMA is in the way, so this is a lower probability trade, but also less initial risk because your stop loss is closer.
I believe we need to be conservative longing at this stage in the crypto market, which is why I only advocate for a 1:1 scalp at a lower-than-maximum position size allowed for your trading strategy. I think Bitcoin and Ethereum have a larger pullback on the horizon, but do believe the market will come up a bit before it goes down.
💡 Trade Idea 💡
Long Entry: $0.403
🟥 Stop Loss: $0.323
✅ Take Profit: $0.483
⚖️ Risk/Reward Ratio: 1:1
🔑 Key Takeaways 🔑
1. Three pushes up in a bull channel
2. Micro Bear Channel forms with three pushes down.
3. Strong bull signal bars at Daily 200EMA
4. Suggested to wait for break of Daily 30EMA
5. RSI at 48.00 and above the Moving Average, supports long bias.
💰 Trading Tip 💰
The longer a trend continues after 3 legs, the probability of that trend continuing lessens. Because of this decreased probability, we ought to reduce our risk when entering trades.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
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FTMUSDT IMMENSE LONG POTENTIAL !FTMUSDT broke of a long downtrend and retested support successfully.
It is now setting up an optimal entry at a demand area that could potentially lead to large gains in the mid-long term, while the RSI is testing a new uptrend line after breaking a long term downtrend line and testing support.
Invalidation of this trade would be breaking and closing below this area while RSI breaks structure.
FTM Growth Spurt: Buy Your Ticket to Profit!"## FTM Coin: Recent News & Fundamentals (as of February 9, 2024)
**Disclaimer:** I am not able to provide financial advice and this should not be considered as such. Please do your own research before making any investment decisions.
**Recent News:**
* **Fantom Drives Adoption in Africa:** Fantom Foundation partnered with LBank Labs to launch an Africa-focused blockchain accelerator program, aiming to drive Fantom adoption across the continent. (Source: CoinDesk, Jan 26, 2024)
* **FTM Integrates Chainlink Keepers:** Fantom integrated Chainlink Keepers, a decentralized automation solution, to enable developers to build secure and reliable smart contracts on the Fantom network. (Source: Fantom Foundation, Jan 19, 2024)
* **Beethoven X on Fantom**: Beethoven X, a multi-chain DeFi platform, launched on Fantom, offering users access to its suite of liquidity pools and yield-generating features. (Source: Beethoven X, Jan 18, 2024)
**Fundamentals:**
* **FTM** is the native token of the Fantom Opera network, a high-performance, scalable smart contracts platform.
* **Current Price:** ~$0.22 (as of February 9, 2024)
* **Market Cap:** ~$545 million
* **Total Supply:** 3.175 billion
* **Key Features:** Fast transaction speeds, low fees, EVM compatibility.
**Additional Notes:**
* The crypto market is highly volatile and past performance is not indicative of future results.
* It is important to consider your own investment goals and risk tolerance before investing in any cryptocurrency.
ftm is going down ?after positive news about ftm , the market maker may be put sell request and buy in best price !!! let see...
FTM ANALYSIt has the potential to fall to the price of 26 cents... After forming the patterns that I want... I will update the chart again.
FTM/USDT (Fantom) 1D 👀1. FTM will thrive. The timeline looks ripe and there are plenty of catalysts on the way.
2. Friends, we highly recommend not skipping my posts, since many of the tokens that I wrote about over the past month have already grown quite well.
✅ Stay updated on market news and developments that may influence the price of Fantom. Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
Not financial advice, trade with caution.
#Crypto #Fantom #Investing #FTM
FTMUSDT.1DBased on the provided data, FTM (Fantom) is currently trading at $0.36 against USDT.
Looking at the 4-hour timeframe, the RSI (Relative Strength Index) is at 54.49, suggesting that the market is relatively neutral, not in overbought or oversold conditions. The MACD (Moving Average Convergence Divergence) is at -0.10, indicating a bearish signal. The Bollinger Bands indicator is at 0.3954, and the price is below the upper band, suggesting a potential downward movement. The first, second, and third support levels are at $0.3480, $0.3440, and $0.3223 respectively, while the resistance levels are at $0.395, $0.4177, and $0.4468.
On the 1-day timeframe, the RSI is at 44.71, which also suggests a neutral market. The MACD is at -0.0122, which is a bearish signal. The Bollinger Bands indicator is at 0.4170, with the price below the upper band, indicating potential downward movement. The support levels are at $0.3475, $0.3036, and $0.2780, while the resistance levels are at $0.4151, $0.4500, and $0.4660.
On the 7-day timeframe, the RSI is slightly higher at 53.86, still suggesting a neutral market. The MACD is at 0.029, indicating a bullish signal. The Bollinger Bands indicator is at 0.5144, with the price below the upper band, indicating potential downward movement. The support levels are at $0.3110, $0.16, and $0.075, while the resistance levels are at $0.55, $0.66, and $0.96.
Based on this analysis, FTM seems to be in a neutral to slightly bearish trend. Short-term traders should be cautious and watch for any breakouts above the resistance levels or break downs below the support levels. Long-term investors may want to watch the 7-day MACD for a sustained bullish signal. However, this analysis is solely based on the provided data. It's crucial to consider other market factors and conduct further research before making any investment decisions.
BreakoutLong on breakout basis + other indicators such as CRYPTOCAP:USDT.D + CRYPTOCAP:OTHERS.D and more
$FTM #FTM Time for some Weekend Scalpsdownside should be limited,
shouldnt get anything major over the low volume weekends, alts could get nice rallies. 0.236 - 0.382 are GREAT areas to bank some profits (ideally wanna derisk or close by premarket on Monday), or let it run.
a 5 wave move down is clearly visible.
In the bearish scenario, Im favoring a leg missing as the wave v extension target range was NOT reached. This can play out differently from the count as there are H&S patterns on FTM and multiple crypto charts across the board. If by chance it swing down to the wave v extension range (pink box), thats a buy zone target.
In the bullish case well thats self-explanatory so take profits as you like, just before resistance levels are most common
We're shooting to scalp for a wave iv type bounce, taking out the pivot high near the 0.5 fib approx $0.445 which is roughly 25% from this low.
Risk:Reward LFG!!
FTMUSDTFTMUSDT Short at LH (also 0.5 FIB occur , trendline resistance intact)
SL , TP mention in chart
FTM ANALYSIS🔮 #FTM Analysis - Breakout 🚀🚀
💲💲 There is a breakout of Falling Wedge Pattern in #FTM and trying to retests the level. It's a 4hr time frame breakout and we can see more higher price in long-term. If the price closes above the major resistance or Breakout the major resistance then there will be a confirmation of bullish movement 📈📈
💸Current Price -- $0.3805
📈Target Price -- $0.5100
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#FTM #Cryptocurrency #Breakout #DYOR
FTM Projection Weekly bearishFTM just made two big push to the upside and is now tapping into the red supply zone. Enter short with a stop loss above the supply zone and target the first support as tp1 and the green demand zone as a tp2.
Ftm/Usdt Trying For breakout FTM/USDT is currently attempting a breakout on the 4-hour time frame. In the event of a successful breakout, there is potential for a bullish move ranging between 30% and 60%. However, it is important to note that this information is not to be considered as financial advice. It is recommended to conduct your own research and analysis before making any investment decisions.
ftm getting ready for another leg higher seems like getting ready for another 50 to 55% bullish rally
trend is up and strong currently breaking falling wedge consolidation in h4 timeframe incase of successful breakout expecting solid bullish rally towards 0.55 to 0.60$
keep eyes on ftmusdt for successful breakout
Fantom soon ready for 33% move!? - longDaily trend is broken.
But we see some resistance from 20 moving average for FTM/USD and FTM/BTC pair
If we break the 20 MA with a solid candle buy the retest and you should have a good entry for FTM.
The idea is that FTM will find some momentum after 20 MA is broken - Zoom in on lower time to reduce the risk and find that perfect entry.
I see a potential 33% trade here
📊#FTM has reached the conservative TP zone✔️➡️The market began to rebound as expected, and currently we are starting to rise based on the double bottom structure as a supporting force. Now we have reached the conservative TP zone. In order to prevent profit retracement, we have locked in 50% of the profit.💰🍻
🧠Originally I didn't want to lock in profits, but no one can predict how the market will develop next, and the current rate of return is close to about 800%, which is already very rich, so it may be wise to do so. In addition, because our entry point is perfect, we can look forward to more without risk. If your entry point is not ideal, be sure to do risk management.💯✔️
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FTM Bullish After Breakout!FTM has broken out of the massive trendline and has now reclaimed the Anchored VWAP. if this bullish price action continues, we can see another 25% increase in price to the VAH. The POC is the next major resistance so if you enter a long that would be a great TP1.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
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This is not financial advice. This is for educational purposes only.
FTM / Usdt 1H SHORT Guys i see bearish opportunity for short trade
So do your own trade based on your strategy
