🔥 FTM Massive Inverse Head & Shoulders: Big Move ComingEver since FTM topped early February, we've largely been trading bearish. However, with FTM finding support around the $0.40, it seems that this token is printing an inverse head & shoulders pattern, which is classically a bullish reversal pattern.
High-risk traders might want to enter the trade already and look for further upside. I will wait for the confirmation & break out of the H&S pattern. Wait for a break of the neck-line.
Near-term targets in blue.
Fantom
FTM (D) longFantom is in buy-zone on daily time frame. This is a potential 70% trade. You probably can use the 200 MA as a back up support level where it's likely that FTM bounce if it's fall further down. If the altcoins start running this could be a great play. The BTC-dominance is falling right now. I even see this FTM price level (0.38-0.4) as a potential DCA zone for long term hold.
FTM SHORT trade IDEA Hello, due to a lack of volume in the market I haven't been posting as many updates in coins although we are still looking for opportunities everyday.
Analysis: In our previous LONG trade, we long from 0.35 to 0.53 netting a 51.93% profit. Our target was the #3 possible breakout on the white resistance line. However, we have been struggling to break past the resistance and are looking likely for a due correction to 0.38-0.41 level (green box).
Target: 0.39-0.41
Stop loss: 0.47 (break above )
Timeframe: 1D
Significance of the interval 0.5366-0.6321...Hello?
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(FTMBTC 1W chart)
The key is whether it can rise with support around 0.0000 1686 ~ 0.0000 2029.
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(FTMUSDT chart)
(1W chart)
The question is whether it can hold the price above 0.4254 and rise above 0.6321.
(1D chart)
The key is whether it can rise with support around 0.5366-0.6321.
Therefore, if it rises above 0.7534, it is expected to show a sharp uptrend.
To do so, we need to see if the price can be maintained around 0.4808.
A drop from 0.4808 is likely to touch around 0.3339-0.3719.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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FANTOM- New Flight Inbound 💎👻Nice breakout for FANTOM yet it looks so 'Young and promising'.
0.4454 is now Triple support and that allows for a comfortable SL below that level (risk) and a much higher reward:
0.90 is the next target and it could be soon (2 months?)
1.32 - 2.05 - 2.56 are reasonable targets that we could see between end of 2023-mid 2024
4$ remains my target for FTM. Same as it was last year (was never met during last cycle).
NEWS:
💎 Fantom reveals 30 years runway (without having to sell its token)
The Fantom Foundation’s attempt to dispel concerns about potential FTX exposure has been a success thus far for FTM price.
💎 Fantom releases decentralized funding system called ecosystem vault :
QUICK TAKE
Fantom has released a decentralized funding system to finance new projects, dubbed the “ecosystem vault.”
The vault will get 10% of all transaction fees paid on the network, which will be granted to projects.
To apply for funding, projects will have to make a governance proposal and get approved via an on-chain vote.
FANTOM is awesome and I believe it can stand out.
One Love,
The FXPROFESSOR
WE CAN REPEAT BX12 AND MORE HERE:
[UPDATE FTM] Why do they keep manipulating in the same way? Stay safe and ready. Long + Short at the right moment = Heaven? Let's ee
ftm can make a correctionHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the FTM symbol.
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
🔥FANTOM IS PREPARING TO BLOW UP. $1 IS THE HIGHER TARGET FOR IT🔥Hi, friends! Fantom is the most volatile altcoin for this time. It can blow up more than the other altcoins. That's why you should pay attention to it. Here is my plan for FTM.
📊 TRADING PLAN FOR FTM:
🔥 squeeze to the trendline
🔥 big purchases on DOM and Footprint by the whales give us confidence about this long trade. The whales are right in almost all cases.
🔥 bullish BTC
🚩 The pullback to $0.4-0.41 value area is still possible, so control your risk management. It will be a lot of good long trades will be in the next 2 months.
✅ THE MAIN TARGETS FOR FTM:
1. $0.6 - the key level
2. $0.65 - the key level and local highs
3. $1 - the key level and local level
💻Friends, press the "boost"🚀 button, write comments, and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
$FTMUSDT: Bullish weekly trend now...Great upside vs risk here in #Fantom. As long as above the consolidation area it will sky rocket within 6 weeks or less.
Best of luck!
Cheers,
Ivan Labrie.
Food for thoughts 18-03 FTM/BTCFTM is looking real juicy here! The USDT pair shows promis with the forming of a ascending triangle, but has to overcome the 57cent resistance
My guess, we will see some real fire! My entry was at 1700 sat. Will take profit at 2650, just below the resistance.
🟢 FTM Falling WedgeFTM Falling Wedge - 25% scalp possible from here and 0.50 target if wedge consolidation breaks out to the upside.
ftm Breaking Another Bullish Pattern Seems Like getting ready for massive Bullish impulse
Breaking Bullish Flag In h12 Tf Incase Of successful Breakout Expecting 50 to 60% Bullish Move
FTM IS VERY BEARISHHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the FTM symbol.
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 prepares for another bullish rallyFTM / USDT
We said before BTC is outperforming everything now (2019 vibe)
But here in Fantom there is something strange it looks so strong these days unlike the rest
Price restored the horizontal support + EMA 200
Also forming a giant bullish flag
Simply As long as we hold above the support we are bullish
Best of wishes
Fantom (FTM) formed bullish Gartley for upto 82% moveHi dear friends , hope you are well and welcome to the new trade setup of the Fantom ( FTM ) coin.
Previously we caught more than more than 44% pump of FTM as below:
Now on a daily time frame, FTM has formed a bullish Gartley move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Bullish Trend Continuation Idea 🐮 Multi-timeframe Technical Analysis:
D1 Bounced off strongly from key support level that holds the uptrend within the ranging market. Notice that previous support turned into resistance then came back to act as support again.
H4 We can see a clear pierce through the Ichimoku cloud which could potentially signal a reversal and the start of a trend! And coincides with HTF Uptrend as potential continuation for it. Please note there's a trendline that if broken upwards will strongly signal the bullish move upwards but if you wait for that you'll enter at a more higher price so proceed according to your strategy.
Key Areas
Key Support area: 0.4106 - 0.4200 (Potential Entries)
Key Resistance area: 0.6000 - 0.6500 (Potential Targets)
Please make sure to check brokers slippage along with trading fees for you to accommodate if the trading signal is useful for you or not.
Do not risk entire portfolio on a single trade. Remember market is king!
Stay healthy and happy trading!
SasanSeifi 💁♂️FTM/USDT 3D /LONG FROM 0.33/0.30 LET'S SEE!HI TRADERS, As you can see,the price faced selling pressure from the indicated supply area by examining the #FTM 3-day time frame. Currently, there is a possibility of further price correction in the range of 0.30/0.33. If the 0.30 level is maintained, we can expect price growth from that level! It should be seen how the price will react to the bullish BB (0.30/0.33).💹
The next important support is 0.20/0.18
❎ (DYOR)...⚠⚜
WHAT DO YOU THINK ABOUT THIS ANALYSIS? I will be glad to know your idea 🙂✌
IF you like my analysis please LIKE and comment 🙏✌
FTM Strong Support Ahead 🏹 Analysis #13/50Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
on DAILY: Left Chart
FTM is overall bearish , however we are approaching a strong demand and support zones. So we will be looking for buy setups on lower timeframes.
on H4: Right Chart
FTM is bearish from a short-term perspective trading inside the falling red channel.
🏹 Trigger => for the bulls to take over, we need a new high to form and then a break above the upper red trendline and red zone.
Meanwhile, until the buy is activated, FTM can still trade lower till the 0.27 - 0.30 support zone .
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Short FTM vs USDShorting FTM here beacuse I believe this will end up being a LH.
Thats why SL are above last Highs. That's where I'm wrong.
This a Mid to Long term play with lower risk. Thats why SL is so wide.
long FTM$FTM is bouncing off the major support level/ Bullish movement to resistance level at 0.4925$ is likely to happen.
FANTOM - The Perfect Impulsive Move is LOADING!FANTOM Weekly Timeframe :
We have completed wave 2 correction and the bottom in IN. We can see a clear impulses on higher timeframe, Therefore, we are now bullish and looking to ride wave 3.
Trade Idea:
- Watch for the current correction to break out.
- Invalidation level is below the bottom.
- Targets: 0.97,1.47, 3.5, HODL the rest and manually close.
Goodluck and as always, trade safe!
