FTMUSDT - An irreplaceable opportunity!Weekly chart displays a breakout of a huge symmetrical triangle since more than 45months!
The price projection for the symmetrical triangle is the vertical distance between the base and the upper side pf tge pattern ...this distance shown as a green arrow which shown in the chart
That mains our target is 17$ , this target matches with the 1.618 fib level.
The FTM Phantom Coin Fund was backed with $200 million to accelerate the migration of partners for the launch of Sonic and its S token.
SONIC + FTM = S
It will be a huge event that was scheduled for last September and was postponed to December. The team's decision to postpone is appropriate.
Best regards Ceciliones 🎯
Fantom
FTM looks strong but pull back is in play Fantom (FTM)
The release of Sonic seems to have high expectations, or is it just me!
I think a pull back to 0.8 could be a really good entry before Sonic goes live.
Whales seems too have appetite for FTM at the moment and we can expect some sensational news in the coming weeks. The FTM-price will appreciate exciting news before Sonic goes live.
If we have a deep BTC correction it could be a golden opportunity to ape into FTM before we see go to Sonic and moon?!
a simple technical analysis for FTMDaily chart displays a ascending broadening wedge ...
Breakout the pattern confirmed✅
Breakout 0.786 fib confirmed✅
The projection target for this pattern is at 1.4$ which means 60% from the breakout
For now price may declined little to retest the upper side of the pattern in range of 0.9$ then get our target 1.4$
Best regards Ceciliones 🎯
SasanSeifi| Can It Break Above $0.70?Hey there, ✌ Currently, in the daily timeframe chart, we can see that after a correction, Phantom has reacted to the previous resistance level at $0.55. The price is currently trading at $0.65. Given the current market conditions and the potential for Bitcoin growth, there is a possibility of positive fluctuations and price increases in the short to midterm.
One possible scenario for BINANCE:FTMUSDT in the daily timeframe is that if the daily candle closes with a strong body and the price breaks above the $0.70 level, the potential for further growth to $0.88 and even reaching the $1 supply zone increases. These levels can be considered as important price targets.
To validate this scenario, maintaining the $0.55 support level is crucial. On the other hand, if the $0.55 level is broken, the likelihood of further correction increases.
💢This analysis is my personal viewpoint and not financial advice. If you found this helpful, please like and comment – I’d love to hear your thoughts! Happy trading! ✌😊
FTM !!! System Signals LONG Entry Today !!!Today is a very special day for anyone interested in **FTM (Fantom)** because the system is giving us a **perfect entry signal** that follows all the rules:
- **Price is above the 200MA**
- The **local top** has been broken
- The **PSR (Parabolic Stop and Reverse)** has flipped bullish
If the daily candle closes as expected, we can confidently enter a **long position**, with the **stop-loss** placed at the PSR level.
Good luck to everyone entering long into the market—trade wisely! 🚀
Fantom FTM Is The Strongest Coins In Bull Run 2024Hello, Skyrexians!
Let's continue to observe fundamental crypto assets. Today we have BINANCE:FTMUSDT on the plate. This crypto showed one of the best performance in March 2024 and did not break the previous low. In conjunction with the very dynamic first bull run we can assume that this asset can outperform the market in the upcoming month.
On the weekly time frame we marked the previous bull run as the global wave 1. After that asset's price showed corrective wave 2 in the shape of ABC zigzag. This wave has not been even able to break 0.38 Fibonacci retracement, which means that this crypto is very strong.
It's likely, that currently price is printing global wave 3. Subwaves 1 and 2 has been already finished and the most impulsive wave 3 inside 3 has been started with the green dot on the Bullish/Bearish Reversal Bar Indicator . As always, alerts from this indicator are automatically replicated on my accounts. You can find the information in our article on TradingView . This is very strong reversal signal and this wave has the target area between 1.61 and 2.61 Fibonacci extension levels at $6 and $10.
Best regards,
Skyrexio Team
___________________________________________________________
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FTM is super bullish (1D)FTM seems to be creating a 3D in large time frames.
We have defined a support range in which we will look for buy/long positions.
The target can be supply.
FTM's Sonic Project will be launched in December, which will pump up FTM's price
Closing a daily candle below the invalidation level will violate this analysis.
Do not enter the position without capital management and stop setting
Comment if you have any questions
thank you
FTMUSDT PREPARING FOR LONG ENTRY
Hello everyone, and happy Monday! I wish you all the best for the week ahead!
This is FTM on the daily timeframe. The system has just flipped short, but since we are in a bull market, we don’t take short positions. Instead, we wait for the system to flip long again. Only then do we enter the market on the long side.
We can also see that the price has just dipped below the 0.786 Fibonacci level (all-time). This means two things:
1. The system signals that we should wait.
2. The price is below this key level, which is a crucial support zone.
Conclusion: We wait for two confirmations:
The system flipping long.
The price reclaiming the 0.786 Fibonacci level as support.
Patience is key, so we’ll check this chart again tomorrow.
Stay safe!
FTM breakout. UPCOM:FTM is making its move, breaking its structure to the upside. If you didn't build a position within the structure a breakout trade is your only option. Risk management becomes difficult but it can be done. The trend oscillator is looking strong suggesting a continuation. It also looks like momentum is going overbought.
FTM's Bullish TrendFantom (FTM) is currently positioned around $0.80, showing signs of a potential bullish scenario. The chart suggests that if the price holds above the key $0.72 support level, it may continue its upward movement.
🔴 The key support zone is at $0.72. Maintaining this level is essential for the bullish trend to continue.
🟢 The immediate target is around the $1 level, which serves as a strong resistance area. If reached, selling pressure might increase.
⚠️ Note: A break below the $0.68 level could invalidate the bullish scenario.
FTMUSDT - Inverse Head & Shoulders - A Prime Long Opportunity?1.) Quick Overview
On the FTM/USDT 4-hour chart, an inverse Head & Shoulders pattern is shaping up, often hinting at a bullish reversal. If the pattern completes, this could offer an excellent long setup. The key level to watch is around the mOpen at $0.6555, where the price is expected to dip and complete the “right shoulder,” potentially setting the stage for a strong bounce.
2.) Deep Dive: Chart Analysis
Inverse Head & Shoulders Pattern:
- Left Shoulder: Formed near $0.6342.
- Head: A deeper low at $0.4744, marking the low point of the pattern.
- Right Shoulder (In Progress): Expected to complete around mOpen at $0.6555. If the price touches down here and holds, it could serve as an ideal long entry point.
Fibonacci Retracement:
- The 0.382 Fibonacci retracement level aligns near $0.6555, supporting the right shoulder as a potential bounce zone.
Key Levels to Watch:
- mOpen at $0.6555: This is our primary entry level, where the right shoulder could find support.
- VAL (Volume Area Low) at $0.6324: Another important support zone where the anchored VWAP also aligns, reinforcing this area as a significant base. If the price dips below mOpen, the VAL may act as a secondary support level.
- VAH (Volume Area High) at $0.7262: Our initial target if the inverse Head & Shoulders completes, with potential for further gains.
Volume Profile:
- Increased volume near the head formation suggests accumulation, supporting a bullish scenario if the right shoulder completes as expected.
3.) Trade Setup
- Entry: Look for a long entry around $0.6555.
- Stop Loss: Place the stop loss just below $0.58 to manage risk if the pattern fails.
- Target: Initial target at $0.7262 with room for more upside if the breakout continues.
- Risk-to-Reward: Favorable setup with solid support and a high-probability bounce area.
4.) Final Thoughts
- With the combination of the inverse Head & Shoulders, support at mOpen, Fibonacci, and anchored VWAP at the VAL, this FTM/USDT setup looks promising for a long position. Watch for confirmation around $0.6555 to see if the right shoulder completes.
Disclaimer
This analysis is for educational purposes and should not be taken as financial advice. Always do your own research and manage risk carefully!
FANTOM (FTMUSDT) Surges with Lucrative Long Trade Setup!FANTOM (FTMUSDT) Analysis:
On the 1-hour timeframe, FANTOM (FTMUSDT) has confirmed a clear long entry at 0.6428, indicating strong bullish momentum. The targets appear promising as price action continues to align with the upward trend, potentially unlocking significant profits.
Trade Summary:
Entry Level: 0.6428
FANTOM Target Levels:
TP1: 0.7131
TP2: 0.8268
TP3: 0.9406
TP4: 1.0108
Stop Loss: 0.5860
Leveraging the Risological Dotted Trendline, this setup highlights FTM’s strong upward potential. Keep an eye on this for a steady climb toward the targets!
FTMUSDT: Bearish Head and Shoulders PatternFTMUSDT Technical analsysis update
BINANCE:FTMUSDT has formed a bearish head and shoulders pattern on the daily chart, with price moving the support level below. If a breakdown is confirmed on the daily chart, we could expect a potential drop of 20%-60% in FTM. Additionally, the price has fallen below the 100 EMA, adding further confirmation of a bearish trend.
Short level: Above $0.58
Stop loss : $0.675
Target 1 : $0.530
Target 2 : $0.420
Target 3: $0.260
$FTM FANTOM broke the downtrend and preparing for an uptrend!BINANCE:FTMUSDT has recently broken through its Major Resistance Trendline and successfully consolidated above this level, signaling a potential trend reversal and the beginning of a displacement towards buy-side liquidity sitting just above the current structure.
We’ve observed a clean breakout from the downtrend, which now positions FTM in a bullish scenario. The price action is likely to experience a short pullback into the 4H Breakaway Gap (as shown on the chart), where we can expect further accumulation before a continuation towards higher liquidity zones.
Suggested Entries and Targets:
Entry: On the pullback to the 4H Breakaway Gap around $0.71 - $0.72
TP1: $0.85 - The first target aligns with the next structural resistance.
TP2: $0.95 - A move toward this level would target liquidity resting near psychological resistance levels.
SL: Below $0.68, under the breakaway gap, to avoid exposure to potential downside volatility.
Given the bullish momentum and structure development, we are preparing for further upside movement. As always, smart and safe trades with proper risk management are key.
Please feel free to share your thoughts and ideas in the comments. Always stick to your strategy and follow updates closely.
Fantom FTM could not hold support STILL looks STRONGChart Request on today's show
Updated Recommendation:
enter on 4hr candle close
above 0.7641 ( scale into the trade )
then add once price breaks newly created
resistance ( not created yet )
Market Cap 2.1B
Layer 1 / DeFi
Not Financial Advise - Entertainment Purpose Only
Always DYOR ( do your own research )
FTMUSD long using proprietary multi-timeframe trend detectionExecuting this on M5 and M15 time frames as I usually do, taking into account H1 short term trend retest taking place right now.
Entry: 0.7508
SL: 0.7320
TP: 0.8420
Upon clearing 0.79 and invalidating the H1 T candle that formed I'll move the SL a little higher than BE. H4 close above that 0.8 would likely take this to target relatively quickly.
H1 close above 0.7561 would be ideal now:
Fantom (FTMUSDT) Trade Update: 700% Profit -All Targets AchievedWe entered the trade on 9th September at 0.4026, and by 17th September, all targets up to TP4 were successfully achieved. The trade has now moved into a bigger profit, marking a 70% gain from the entry. With 10x leverage, this results in a 700% total profit.
We'll continue to monitor the position using the Risological Swing Trader closely as the market unfolds.
FTM Looks Braish (4H)From where we placed the red arrow on the chart, it seems that FTM has entered the correction phase.
It seems to correct an ABC with a more complex pattern.
Now it seems that wave A and B are completed and the price is entering wave C. Wave C is bearish.
The targets are marked on the chart.
Closing a daily candle above the invalidation level will violate the analysis
invalidation level : 0.7695
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