FTMUST trade ideas
Fantom about to fall and bleedFTM daily chart seems to have formed a double top in daily , and divergence is slowly starting to show. Tomorrow could be interesting
FTMFtm need a correction , it already takes out liquidity from short sellers so I expect the price to pull back
FTMUSDT.PFTMUSDT.P is in strong reversal zone.
Bearish divergence also shown in RSI.
We wait for more confirmation.
We wait and watch for the breakout of last HL.
FTM - IHS Break out?FTM Has formed massive IHS and looks like ready for break out. EcomiiionaireTrend is grey. Buying at Bullish/Orange change.
FTM looks bullish (4H)From where we put the red arrow on the chart, it looks like the FTM correction has started.
This correction appears to be a double correction that is over.
We are looking for buy/long positions in the green range.
The targets are clear on the chart.
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
FTMUSDT Bullish Head and Shoulders!FTMUSDT Technical analysis update.
FTM has formed an inverse head and shoulders pattern on the daily chart. The price is now moving towards the neckline for a potential breakout. Once the breakout is confirmed, we can expect a strong bullish move in FTM.
Buy level: After breakout confirmation on the daily chart.
Regards
Hexa
FTM ANALYSIS🚀#FTM Analysis : Pattern Formation
🔮As we can see in the chart of #FTM that there is a formation Inverse Head And Shoulder Pattern and it's a bullish pattern. If the candle closes above the neckline then a bullish move could be confirmed✅️
🔰Current Price: $0.5160
🎯 Target Price: $0.7140
⚡️What to do ?
👀Keep an eye on #FTM price action. We can trade according to the chart and make some profits⚡️⚡️
#FTM #Cryptocurrency #TechnicalAnalysis #DYOR
FTM/USDT Price Prediction - Time 1DTrend Prediction - FTM/USDT Forecasting -
Resistance and Support Lines
Inverted head and shoulders pattern is observed!!!
**** Yousef Sharafi ****
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FTMUSDT.1DUpon reviewing the daily chart for FTM/USDT, I see a fascinating trend and pattern development that deserves attention. Currently, the price is around $0.4712, showing some signs of recovery after a prolonged downtrend.
Trend Analysis: The previous downtrend was marked by a series of lower highs and lower lows, as depicted by the descending trendline. Recently, the price has broken above this trendline, suggesting a potential reversal or at least a pause in the downtrend. This breakout could be an early signal of changing dynamics in the market.
Key Support and Resistance Levels:
Support 1 (S1): $0.2563 - This level, marked on the chart, has previously acted as strong support. It's critical because if the price were to decline, a hold above this level could reinforce bullish sentiments.
Resistance 1 (R1): $0.5715 - This level is the immediate hurdle for any upward movement. It coincides with past price reactions, making it a significant threshold for further gains.
Resistance 2 (R2): $0.7985 - Should the price move past R1, this next level would likely act as a substantial resistance, being a previous high area.
Technical Indicators:
MACD: The MACD line is above the signal line and both are above zero. This indicates increasing bullish momentum, which supports the potential for further price increases if the trend continues.
RSI: The Relative Strength Index is around 31.60, close to the oversold territory. This suggests that the market could be undervalued at this point, potentially leading to a buying opportunity.
Conclusion: The break above the descending trendline along with supportive indicators like MACD and RSI near oversold levels suggest an emerging bullish scenario. My strategy would be to watch for a sustained hold or consolidation above the trendline and possibly enter long positions near the support of $0.2563, targeting the next resistance levels. However, it's crucial to be vigilant and prepared to adjust strategy based on how the price reacts at these key resistance levels. Setting stop-losses below S1 would be prudent to manage potential downside risk. This approach offers a balanced view between optimistic recovery signals and the need for cautious risk management.
Long on ftmusdtAfter the ascent, we need a correction, and I have two areas in mind to finish the correction and start the upward trend again. If the reversal is confirmed, we can enter the long-in position.
Ftm long position After the ascent, we need a correction, and I have two areas in mind to finish the correction and start the upward trend again. If the reversal is confirmed, we can enter the long-in position.
latest overviewi have traded long on ftm spot and have two loss and this the end of the day for me,despite I had bearish move in my analysis but I didn't follow up y trading plan and I had trades without enough confidence and confirmation and as you see all of them was loss
FTMUSDTFTM ~ 1D ✅
#FTM Make purchases gradually after successfully breaking through this resistance line. at least for a minimum increase of 15%++
FTMI am shorting FTM because I believe it needs correction. I plan to take profits at nearby levels and am not aiming for a large reward.
Ftm#ftm
#ftmusdt
Ftm is framing falling wedge, broke it and confirmed
Nice an opportunity to long here .
#DYOR
#NFA
🐺 small correction ? 🐺Hello my friends ! 🐺 .
I think everything is clear in the chart , so I make it quick and easy for you guys , we looking for a correction to 0.55$ mark and it could be a nice entry for this bullish wave .
Have nice trades my friends 🐺 .
Fantom (FTM): Possible Rejection From HereFantom Coin is having another re-test of local EMA here after we had a crossover of 100 and 200 EMAs.
We are mow looking for a possible rejection to happen from here and a further movement to lower zones so eyes on that one there.
If we somehow break the 200EMA, we are expecting to see more of a fakeout, not a full breakout, and a bullish movement.
Swallow Team
FTM Long Position (Support Test Opportunity)Market Context: FTM has retraced to test the upper range of support, providing an opportunity for a long spot trade.
Trade Setup:
Entry: Ladder into a long spot trade at around $0.45 on the retrace.
Take Profit:
First target: $0.54 - $0.63
Second target: $0.75 - $0.85
Stop Loss: Just below $0.38
📊 This setup leverages the support retest for potential gains with clear profit targets and risk management in place. #FTM #CryptoTrading #SupportTrade
FTM/USDT: BULL FLAG BREAK OUT! READY FOR 250% PUMP!!Hey everyone!
If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated!
FTM looks good here. Break out from the bull flag-like structure in the daily time frame and currently going for a retest. Accumulate it in the green zone.
Entry range:- $0.43-$0.48
Target:- 200-250%
SL:- $0.34
What are your thoughts on FTM's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
