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.
Fantom
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 ideawith a formation of double top we expect a correcion towards the support zone .
Feel free to comment , like and follow fore more ideas and free signals.
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.
FTMUSDT - The Monster!One of the best performing currencies this year
We have previously published many analyzes of it, and all of them actually achieved their targets
This time I expect a strong rise and new ATH, and this will be so quick!
best regards ceciliones🎯
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
FTM potential mid/long term view FTM / USDT
Fantom is trying to print huge I H&S on HTF which is great bullish pattern if completed
If my plan succeeds and the pattern is completed …the right shoulder is located between 1.2$ -1.5$ (first TP)
And if we breakout the neck line the next targets zones will be 2.9$-3.5$ and 5$-6.8$ (optimistic)
Note : We bought this coin around 0.48$ area few weeks ago which was a great entry…. price could also pullback again to low 0.6$ - 0.5$ (buy back zone if market provides)
Invalidation: Weekly support must hold to remain bullish
FANTOM (FTM) Don't Miss Out: The Bullish Outlook for Q4!Consider buying at 58c and 55c. UPCOM:FTM
This one has shown the following:
Flipped the macro level—bullish now
Weekly and monthly have fired bullish signals
Strong multiyear trend
Overall, this is one of the most exciting charts heading into Q4!
FTM Long Scalp Trade Round 2 (Limit Order)Looks like FTM is very close to touching our 1H and 4H key level.
I'm going to place a limit order here for another round up. It may or may not hit the price so you can adjust it accordingly.
Entry Price: 0.6657
(You can sent the entry a little early if you can afford taking the wider SL.)
SL: 0.6566
(Manage your risk accordingly)
We will keep the same price targets:
TP1: 0.6924
TP2: 0.7149
TP3: 0.7330
This will be a risky trade and will depend on BTC's momentum. But in my opinion, I'm predicting BTC to move sideways for a few days so will just be scalping.
Let's see if the limit order hits.
Good luck and happy Trading!
Note: This is not a financial advise. Just for education and personal growth as a trader. Do your own research.
FTM Long Scalp OpportunityFTM sort of pumped while I was typing this up, but FTM seems to be retesting the 1 Hour and 4 Hour key demand zone and looks good for a long opportunity. to the next supply zone.
We see that previously it has bounced off of these levels and getting a strong buy support.
Entry Price: 0.6724
SL: 0.6610
TP1: 0.6924
TP2: 0.7149
TP3: 0.7330
Some price action will also depend on BTC moves, so manage your risks accordingly.
Good luck and happy trading!
#ftm almost finished retest, getting ready! Fantom cleared first resistance area and retested. Now based on ScorehoodAI scoring is gaining momentum for next resistance levels. Let's see if scorehood will be proven right again?
FTM, Flight-to-Moon soon, bound for massive reversal this year!FTM has reached parabolic highs of 1.2 on the first quarter this year after that long hibernation from 2023. From that peak, as with any overheated coin - heavy correction ensues week after week following the market's big red move.
Now, a massive shift has been transpiring this past few days. A break in structure has been spotted. It has broken the ''maximum pessimism'' curve line indicating the first step towards price recovery. Significant price growth will be followed by this elusive break.
Net buying metrics / volume has been surging notably hinting of increased net positioning towards the multiple x growth scenario.
Expect a series of stair ups from this range going forward. Multiple x gain prospect targeting its recent peak at 1.2 zone.
The current price is a definite bargain, an ideal seeding opportunity.
Goodluck.
Spotted at 0.370
TAYOR.
Inverted Head & Shoulders Pattern in Fantom (FTMUSDT)BINANCE:FTMUSDT
As you can see in the chart, it looks like we are confirming an Inverse Head & Shoulders Pattern on the Fantom Token (FTMUSDT). To confirm it, we will need to break above $0.54 USDT, and if we do, it will give us a price target of $0.85 USDT. If you buy it from here, is more than a 100% return. Stop should be at the bottom of august 5,2024 at $0.2575 USDT.
Good luck to you.
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#FTM / USDT
Price is showing bullish signs:
1- Falling wedge breakout
2- Potential inverse H&S
Conformation:
ema 200 breakout (red dotted line) will be the conformation for trend reversal
Best of luck
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)
FTMUSDTsee and watch :)
It seems that the price is forming a Head & Shoulders pattern, which is targeting the $0.9-$1 range...