FTMUST trade ideas
Fantom | FTM & Andre Cronje FTM jumped 300% since Defi father aka Andre Cronje is back as vice president of memes at the fantom foundation! wait a what...
FTM has been one of the best performing tokens of 2023, pulling off a series of impressive gains in the last few weeks the price of Fantom is $0.53 today with a 24hour trading volume of 315 million dollar. This represents a 4% price increase in the last 24 hours and a 11% price increase in the past 30 days.
Blockchain platform Fantom plans to introduce version 2 of its fusd stablecoin to provide a more predictable and budget friendly system for builders, partners and users, developers said in a post over the weekend. They didn't give a timeline for the release.the new version will allow the stakeholders to allocate fees in either fantom or fUSD and to predict future costs based on usage, the developers said. It will allow programmers to build additional institutional products for users and provide a more consistent system for planning and budgeting for grants. .on Jan 24, the Fantom Foundation announced a partnership with Axelar, which will introduce interchain communication to the Fantom Network and ftm whales use every opportunities to accumulate as much as they can
since we published our first ftm chart and hit all targets - 100% gain - its time to look at the chart again and set new targets.
The daily EMA showed bullish signal at 0.35 and it shows the down trend is over. RSI shows bulls are in control. ftm successfully broke ascending triangle at 0.23 and broke 0.29 and 0.31 resistance as well. next targets for FTM are 0.57, 0.59 and 0.63$ and if you trade with btc pair ftm broke 000016 resistance and heading to 000018 and 000020
we have confirmation for Easy 20% bear movewe have our confirmation for the bearish move, we are in a weekly supply area and our 4h chart confirmed the bear move, we had a bull structure for a while and I think this is the last bear move we will have, the price may reach below 0.3 and that is its final target but I think minimum we will have a 20% retrace
Crucial Points To Prevent Further Price DeclinesBINANCE:FTMUSDT FTM is trading within the $0.46 to $0.48 support range. These levels serve as crucial points to prevent further price declines. If the price stabilizes within this range, there is a potential for an upward move.
Potential Scenarios:
Maintaining Support and Moving Upwards:
If the price holds within the $0.46 to $0.48 range, there is a possibility of rising towards the $0.54 and $0.55 targets. These resistance levels could act as short-term price objectives.
Breaking Support and Continuing the Downtrend:
If the price fails to maintain these support levels and drops below $0.46, selling pressure may increase, leading to a move towards lower levels. In this case, traders should closely monitor the market's behavior.
Fantom (FTMUSDT) Bullish - 1st Target Done!Fantom coin (FTMUSDT)
Got an entry at 4049
Stoploss - 3322
Trailing Stop Loss at 3997
Upper targets (Resistance) - 4947 - 6399 - 7852 - 8750
Good luck traders! God bless you!
Fantom : ascending triangle patternTrading Setup:
A Trading Signal is seen in the FTMUSDT Fantom (1h) (fuutres)
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 0.388
⭕️SL @ 0.368
🔵TP1 @ 0.440
🔵TP2 @ 0.493
🔵TP3 @ 0.545
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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FTMUSDTWe can attempt to short FTMUSDT from specified level if it break HL , also bearish divergence occur indicate that it moves downward.
SL , TP mention in chart.
FTM Daily ProjectionPrice breaks the downside trendline in the daily time frame and closes above. Before initiating long positions, wait until the price retests the trendline, creating a bullish price action structure.
Good Luck.
Does Phantom change the trend?#ftmusdt
Does Phantom change the trend?
Phantom managed to break its long-term descending channel and to continue the upward path, it must stabilize above 0.4730.
Otherwise, correction to 0.41 is ahead.
A short term LONG trade setup on FTMUSDT pairbased on Ribbon Patterns and very carefully applied Trend Analysis
everything is on the chart,
Trade No. 1
Journal 2024
RR is 3.4
FTM ANALYSIS (4H)From where we entered start on the chart, it seems that FTM is forming a diametric pattern.
Soon it seems that FTM will enter the G wave.
In the supply range, look for sell/short positions and in the green range, you can look for buy/long positions.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Ftm short idea"Expecting a new low for FTM in my latest short idea. Analyzing two possible scenarios
FTM longFTM broke through the resistance level an the descending trendline. The bullish movement to $0.53 is expected to happen.
FTM — Why You Should Watch It Closely!After AAVE and TRX, FTM might be the next token to break out of a long-term trend.
Here are the facts:
• Strong downtrend since March (-66%)
• Trading in a consolidation zone after building a bottom
• Getting close to two crucial levels: 1) Upper resistance of consolidation zone (~0.425) and long-term downtrend (currently at ~0.40).
A breakout should propel FTM quickly to the next resistance at 0.54. However, breaking out of a 6-month downtrend can lead to much higher levels.
Fantom weekly updateFantom weekly update
The market is profitable and the possibility of price reduction is also possible.
Every price drop is a buying opportunity
Phantom targets are attractive.
The final target of Fantom or Sonic Foundation is $7 and $26
ALTS in ACCUMULATION ZONE !The accumulation zone is your ideal BUY zone. The reason being, is that with some patience the next part of the cycle is the increase / impulse wave UP.
1) SHIB
2) DOGE
3) RUNE
4) FANTOM
There are a few more, but that's what we have time for today! Catch us here again tomorrow for more updates.
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BINANCE:FTMUSDT BINANCE:RUNEUSDT BINANCE:DOGEUSDT BINANCE:SHIBUSDT
FTM buy/long setupWe have a bullish iCH on the chart.
A liquidity pool can be seen above the chart.
The price has not reached the main supply and the internal structure is still bullish.
FTM is expected to move from the demand box to the supply box.
Closing a daily candle below the invalidation level will violate the analysis.
Note that the financial market is risky, so:
Do not enter a position without setting a stop and capital management and confirmation and trigger.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
FTM LONG 30mFantom is a distributed ledger technology stack. At its foundation, it is a DAG-based distributed ledger incorporating new methods of scalability, combined with a high-performance virtual machine and safe, secure smart contract execution.
FTMUSDT SHORT IDEAAFTER WE FAILED TO LAUNCH HIGHER AFTER THE BREAK OF THIS resistance zone and created a nice fvg i would look for short opportunity in the zone i marked up around 0.3900 this is my personal OPINION and this is not a financial advice take care of your capital kings and queens .
Price Correction from the Resistance ZoneFTM is currently near the $0.40 to $0.42 resistance zone. This zone acts as a critical resistance in the chart, and a price correction from this area towards lower levels is possible.
Potential Scenarios:
Price Correction from the Resistance Zone:
If the price fails to break through the $0.40 to $0.42 resistance zone, it is likely to move towards the $0.35 support level. This support level can act as a key point for a potential price rebound.
Breaking Resistance and Continuing the Uptrend:
If FTM can break through the $0.42 resistance and stabilize above it, this move could signal the continuation of the uptrend, with the price moving towards higher levels.
