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Fantom

Fantom FTM price forming a powerful movementThe #Fantom price has been accelerating upwards quite aggressively for 3 days now. Now OKX:FTMUSDT is approaching the neck, which is the critical point of the inverted head and shoulders pattern. And now we have two options: 1️⃣ wait when #FTM price to breakout and consolidate above $0.51 and take a long from there. 2️⃣ or put “buckets” in the global purchase zone of $0.36-0.42, which we wrote about in our previous idea. 👇 Well, the take profit is $1 or $1.8, it depends on your trading strategy and patience)
by P_S_trade
Fantom (FTM) Poised for a Massive Breakout or a Major Drop? Yello Paradisers! Are you ready for the next big move in Fantom ? It looks like FTMUSDT is preparing for a massive bullish run that could be just around the corner! 💎Right now, Fantom is forming an inverted head and shoulders pattern—a strong bullish signal. It's currently testing the neckline, and a breakout above this level, confirmed by a surge in trading volume, would give us the green light to plan our entry for a buying opportunity. 💎For this bullish scenario to materialize, FTM needs to break above the critical resistance level at $0.5300. A successful move past this resistance could trigger a significant rally, targeting the next resistance zone around $0.7717. 💎However, caution is crucial here! If the upward momentum falters, we might see a retreat to the lower support area near $0.3664. A daily close below this support would invalidate the bullish outlook and could signal further declines. Stay focused and disciplined, Paradisers! Remember, only the patient and strategic will reap the rewards in this market. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
There are emerging signs of a bullish divergenceIn the 4-hour chart for FTM, there are emerging signs of a bullish divergence, indicating the potential for a shift in market sentiment. The price has reached a key support zone between $0.38 and $0.4, which is recognized as a strong level that could prevent further decline. If the price finds stability in this support area, it could lead to an upward movement, targeting higher levels around $0.44 and $0.49. The formation of the bullish divergence adds to the likelihood of a positive reversal. This makes the current zone crucial for monitoring as it might offer a good opportunity for an upward move if the support holds. Given the current technical setup, keeping an eye on FTM is advisable, as further bullish confirmations could lead to a significant move upwards. However, if the support fails, the downtrend may continue, making it essential to watch how the price reacts in this area.
by MonoCoinSignal
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
Long
by moonypto
4
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.
by MonoCoinSignal
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. If you liked our ideas, please support us with your likes 👍 and comments .
Long
by pullbacksignal
4
Fantom: Come Back!We primarily expect a return into our orange Target Zone (between $0.3220 and $0.1866) before the orange wave v and thus the green wave comes to an end. After that, a sustained rise above the resistance at $0.54 should occur. However, as the price had already approached the range, the technical minimum requirement for the correction low has already have been met. Should we now see a rise above the resistance at $0.54 (33% likely), we will thus have to see the price in the orange-colored wave alt.i.
BINANCE:FTMUSD
by MarketIntel
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
by iMoneyTeam
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.
by MonoCoinSignal
Fantom FTMUPCOM:FTM is still in a bearish trend. A confirmation for a beginning of a wave C has happened in my view, therefore an impulsive wave with 5 inner waves shall happen. Passing above $1.2776 invalidates the idea. I expect the bearish move to end between $0.0772 : $0.0314 according to the Fibonacci retracements 50% & 61.8%, but precisely at $0.0606 due to the 100% Fibonacci's extension from the wave A up to wave B. - Note: Taking the Fibonacci retracements & extensions targets as accurate or precise numbers is wrong. They're just used as guides to where the price is expected to bounce from or to go to.
CRYPTO:FTMUSD
by MohamedSewid
FTM (Fantom): Approaching SupportTrade setup : Price remains in a downtrend. It had a failed breakout from Falling Wedge pattern and pulled back to $0.40 support that held in early July. If it breaks below that, it could resume its downtrend and revisit $0.30 next. Pattern : Price is Approaching Support , which is a level where it could pause or reverse its recent decline, at least temporarily. Support is often a level where price has bounced up in the past, or potentially prior Resistance level that was broken. (concept known as polarity). Once price breaks below support, it can move lower to the next support level. Learn to trade key levels in Lesson 7. Trend : Short-term trend is Strong Down, Medium-term trend is Strong Down and Long-term trend is Strong Down. Momentum : Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70). Support and Resistance : Nearest Support Zone is $0.40, then $0.30. Nearest Resistance Zone is $0.50, then $0.62.
Long
by altFINS
FTMUSDT Will This Bullish Reversal Hold?Yello, Paradisers! Have you been watching #FTMUSDT closely? This analysis could determine your next big move! 💎#FTM is showing promising signs as it bounces off the demand zone, forming a double bottom a classic bullish reversal pattern. However, the key question is: Can FTM break through the descending resistance trendline, which has been rejected it three times already. 💎For FTM to switch back to bullish momentum, it must break through the descending resistance. A successful breakout will likely lead to a significant upward move towards our target strong resistance area. 💎If FTM fails to break the resistance, it may test the demand zone at 0.386 again. This could either create new momentum or form a triple bottom. 💎 If FTM breaks below the demand zone and heads toward the key support area, it would be a concerning sign. The key support at 0.309 is critical; a daily close below this level would invalidate the bullish scenario and suggest a higher probability of further downward movement. Treat the market as a businessman, not as a gambler. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
Fantom Struggling To Hold Support And About To Print Strong BearFantom's daily chart is one of the most bearish at the moment. The token has been in a strong downtrend since March and is about to approach a decisive moment. Currently, Fantom struggles to hold above a major support level at 0.43. Moreover, the price reaches a corner build of the support level at the long-term downtrend. As a result, it is likely that we will see a breakout soon. Unfortunately, the probability of a drop is much higher than a break out to the top. Here's why: FTM is about to print a bearish Tenkan/Kijun crossover. This crossover is about to happen below the Ichimoku cloud — this is considered an even stronger signal. Besides, the price trades below the Ichimoku cloud, and the future cloud predicts a bearish trend. Overall, three aspects that signal a high risk of further drop. In case of a drop, the next support sits at ~0.35.
Short
by ben_walther
VERY BULLISH ON FTM. Do Not Miss!High Time Frame POC tapped, Weekly level tapped, previous daily high broken, RSI Oversold, Double bottom pattern, high volume node above (Target) 22% away. Chart looks bullish long term. 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. Love it or hate it, hit that thumbs up and share your thoughts below! This is not financial advice. This is for educational purposes only.
by Navitility
FTM (Fantom): Approaching SupportTrade setup : Price remains in a downtrend. It had a failed breakout from Falling Wedge pattern and failed to stay above $0.50 resistance, which would signal trend reversal. If it breaks back above $0.50, it could revisit $0.60 for a +20% gain. Pattern : Price is Approaching Support , which is a level where it could pause or reverse its recent decline, at least temporarily. Support is often a level where price has bounced up in the past, or potentially prior Resistance level that was broken. (concept known as polarity). Once price breaks below support, it can move lower to the next support level. Learn to trade key levels in Lesson 7. Trend : Short-term trend is Strong Down, Medium-term trend is Strong Down and Long-term trend is Strong Down. Momentum is Bullish but inflecting. MACD Line is still above MACD Signal Line but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum could be nearing a downswing. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70). Support and Resistance : Nearest Support Zone is $0.40, then $0.30. Nearest Resistance Zone is $0.50, then $0.62.
Long
by altFINS