FTM is looking good on a pull backFTM has a good set up. I will accumulate on a pull back to 0.47 and below. I put my targets on the chart. This is a weekly chart so this will take a few months to play out. This is not a financial advice. DYOR.
Fantom
Is FTM About to Explode or Crash?Critical Support Level in FocusYello, Paradisers! Have you been watching FTM/USDT lately? The market is buzzing, and it's time to dig into the action!
💎#FTM is making an interesting move, showing a high probability of a bullish continuation from a strong support zone. We've seen Fantom consistently respect the descending resistance, and now the price is approaching a key support level $0.5499. If the price successfully holds momentum, there's a great probability that UPCOM:FTM will ride bullish from this level.
💎The price has already tapped this support level and made a significant upward move. We're expecting a repetition of the same reaction at this support level.
💎However, as sagacious traders, we must consider all probabilities. What if the price fails to take an upward ride from support $0.5499 and loses momentum? This would clearly indicate that seller sentiment is in control, and #FTM could drop significantly.
If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest probability trading opportunities. Stay smart, stay safe, and let's conquer the market together!
MyCryptoParadise
iFeel the success🌴
FTM (Fantom): Falling WedgeTrade setup : Price is in a downtrend. However, it's trading in a Falling Wedge pattern, which typically resolves in a bullish breakout and a trend reversal. We wait for such a breakout, ideally above $0.50 resistance, with +20% upside potential to $0.60 thereafter. Learn to trade key levels in Lesson 7.
Patterns : Falling Wedge Usually results in a bullish breakout. When price breaks the upper trend line the price is expected to trend higher. Emerging patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout and then place a BUY order. Learn to trade chart patterns in Lesson 8.
Trend : Short-term trend is 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 $0.62, then $0.80.
20% Incoming?!? It looks like it!If we manage to hold this level, there's no doubt in my mind that the next target will be the daily level above which is around 20% away.
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.
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This is not financial advice. This is for educational purposes only.
TM on the Rise or Fall? In-Depth Crypto Analysis Revealed✨ Welcome to my channel. Here, we analyze a new crypto project or Forex pair every day.
📅 Let's dive into today's analysis, focusing on the FTM coin in the crypto market.
🗂 About the Project : FTM is a blockchain-based project with its own ecosystem and blockchain. It is one of the popular networks for DeFi enthusiasts, and if you're interested in this space, you're probably familiar with this blockchain.
⌛️ Weekly Timeframe
In this timeframe, FTM experienced a significant upward movement with high volume, pushing the price up to 1.0993, reaching a critical supply zone. After hitting this resistance, the price started a low-volume correction, indicating the strength of the upward trend and volume-price convergence. However, in the last wave of decline, as you can see, the volume is increasing while the price has corrected a significant portion of its upward movement, currently sitting at the 0.4138 support.
📈 If the price is supported and candles stabilize above the 0.5720 area, we can confirm that the price trend has regained bullish momentum with the potential for further price increases. The main resistance for confirming an upward High Wave Cycle (HWC) is at 1.0993. For FTM to have a significant pump, the price must stabilize above this area, allowing you to enter a buying position according to your trading strategy after confirmation.
📉 If the price returns to the range box between 0.1756 and 0.5720, we can confirm this after the price stabilizes below the 0.3276 area, as this is the last low before the range box breakout and move towards 1.0993. It could be the final defense against further price drops.
📊 In both scenarios, candle volume must confirm the price movement, and there should be no volume divergence; otherwise, the trend will not be healthy.
⌛️ Daily Timeframe
In this timeframe, you can see more details of the price movement. As indicated, the price ranged for a long period on the 0.6147 support and, after a breakout and pullback, initiated another downward wave to the 0.4163 area with the 0.5334 trigger. Currently, there is significant bearish momentum in this timeframe, and the volume aligns perfectly with the downward trend.
Given the strong support at 0.4163, we can expect another bearish wave if candles stabilize below this area.
⌛️ 4-Hour Timeframe: In this timeframe, the price has pulled back to the SMA99 and simultaneously reached the critical 0.4889 resistance, which was the main market low in the previous cycle. The volume is gradually decreasing, indicating that the long-term downward trend impacts the 4-hour timeframe. In my opinion, this upward movement offers a better entry point for a short position.
🔑 Key Levels : For a long position, the key levels are 0.4889, 0.5350, and 0.6147. For a short position, 0.4150 and 0.45 are critical areas where the price may react in the future.
💥 RSI Oscillator : The RSI is ranging between 45.01 and 60.97, and breaking either of these levels can provide confirmation for opening positions. However, be sure to use these levels only for confirmation and rely on candles to find the trigger.
🎲 My Strategy : Given the bearish market in the 4-hour and daily timeframes and the potential trend change in the weekly timeframe, I prefer to open a short position on this coin as I always trade in the direction of the momentum. However, there's no necessity for you to do the same; everyone should trade based on their strategy and plan. This is a personal decision, and each trader must find their strategy.
🧠💼 Always remember the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Stick to strict capital management principles and use stop-loss orders, ensuring an initial target with a risk-to-reward ratio of 2.
🫶 If you found this analysis helpful and want to support me, please boost this analysis. Feel free to leave a comment or suggest a coin you'd like me to analyze next.
FTMUSDT Long Setup (13 Jul)Hello my friends.
FTMUSDT is ready to go up after pullback to 4H orderblock and sweeped liquidity
FTMUSDT Quick Long Setup / Check out the details!Long position on FTMUSDT 2H
Mid-risk status: 2x-5x Leverage
TP:
Follow the patterns & Bollinger midline:
0.5710
0.5785
0.5850
0.5902
0.5985
0.6094
➡️ SL:
0.5540
0.5490
The Alternate scenario:
If the price stabilize below the trigger zone(Yellow area), the setup will be cancelled.
FTM(based on NEo wave)there is two small ways for wave 5 of wave C on this flat pattern. after wave 5 and breaking the 2,4 line you can buy it and you stop loss is the wave 5.
FTM(based on NEo wave)on this situation for now it is a counter triangle and the E wave looks like a flat pattern,I will share the smaller time frame.
FTM roadmapFrom where we put a red arrow on the chart, the price has entered the correction phase.
It seems to be at the beginning of wave C now. The larger pattern can be a flat, triangle or diametric.
We have a resistance swap on the chart that whenever the price reaches this swap, we expect downward rejection.
The green range is a very strong support range that we will look for buy/long positions whenever the price reaches it.
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
Fantom is painting a huge inverse H&S on HTFFantom has performed exceptionally well in the previous bull market with more than a 200x growth, and now it is trading almost 81% down from ATH. The support I have in mind for FTM is at $0.36, with the target at $2.6 and the optimistic target at $27. DYOR
Fantom — Nice Bounce & Bollinger Bands Signal — High Probability Fantom is one of the coins you should examine closely today. The token had a massive bounce after today's sell-off and performed strongly.
FTM equalized the losses at the time of writing and is up almost 3%.
Moreover, Fantom flashed a bullish Bollinger Bands signal on the 4H chart. In this case, backtests show extraordinary results, achieving 2% and 5% gains.
However, if FTM continues to perform it could even go much higher since the next resistance sits at $0.65 — resulting in gains of ~15%.
Nevertheless, using 5% as a first profit target might be a good idea.
Trading Signal For FTMUSDT Fantom (15m) Trading Setup:
There is a Trading Signal to Sell in FTMUSDT Fantom (15m) (futures)
Traders can open their Sell Trades NOW
⬇️ Sell now or Sell on 0.5880
⭕️SL @ 0.6130
🔵TP1 @ 0.5269
🔵TP2 @ 0.4905
🔵TP3 @ 0.4425
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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Fantom longFTM bouncing off the major bullish trendline and the support level. The bullish trend is expected to continue and reach the resistance at $0.94
Fantow consolidation at lower levelFANTOM HUGE CONSOLIDATION AT LOWER LEVEL.
BEST BUY @ 0.4-0.5 for 2-3 year holding .
Next target 3.
Fantom FTM price will show good growth?#FTM is a coin with a history, which is probably why it is still relatively well "held" compared to other altcoins.
Now, the A-B-C correction is probably coming to an end and the price has entered the liquidity zone.
Therefore, if you are holding it, continue to do so, because there is a chance of growth, at least to $1.79.
1️⃣ If you believe in the #Fantom project and see prospects in it and want to buy it, you can safely place pending limit orders in the range of $0.36-0.42 and forget about them for a while.
2️⃣ Or you can closely monitor the behavior of the #FTMUSDT price in the current price range.
It depends on how much time, nerves, and enthusiasm you have)
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FTM 1dAs you can see, the important support has been touched 3 times and this time it should be broken.
I predict that the price should move towards the higher targets from the 47 cents point, otherwise the analysis really doesn't work in this market.
FTM Rebound After Finding Support, a buy opportunity. Fantom (FTM) bulls may be catching their breath after a recent price dip. FTM found support at $0.80 on the daily timeframe chart, following a fall from a high of $1.22 .
If FTM breaks above the current resistance, key levels to watch include:
First Resistance : $0.94 - A successful breakout above this level could indicate further bullish momentum.
Second Resistance : $1.023 - Surpassing this resistance could be a significant step towards revisiting the previous high of $1.22 .
FTMUSDT Short Position (15 Jun)Hello my friends.
FTM chart is clear for entering short position. Be careful, open your position after see the confirmation
🚀 Breaking Down my FTM Journey and Bull Run Potential !🚀 Breaking Down Fantom's Bull Run Potential: From 0.23 to Double Digits! 🌟
Hey crypto fam! 🌐 Exciting news on the horizon as we delve into the electrifying journey of Fantom (FTM) and its skyrocketing potential in this bullish season! 💥
First things first, let's talk numbers. Fantom is currently trading at a tantalizing $0.95, a remarkable leap from its earlier price point of $0.23. 📈 But hold onto your seats, because we're just getting started on this rocket ride!
🎯 Next Stop: $1.66
With the wind at our backs, our next target is set at $1.66. 🎯 Breaking through this resistance level will be a significant milestone, setting the stage for even greater heights.
🚀 Aiming Higher: $3.48
But why stop there? Our sights are firmly set on $3.48 once we conquer the $1.66 mark. 🌟 Fantom's momentum is building, and this target is well within our reach.
💰 Main Take Profit: $7.60
For those eager to know my TP, my main take profit goal stands at an impressive $7.60. 💰 But buckle up, because the real excitement is yet to come!
🔥 Double Digits: The Ultimate Bull Run
Here's where things get truly thrilling. With the recent coming launch of Fantom's cutting-edge SONIC mainnet, the stage is set for an unprecedented surge. 🚀🔥 Many experts predict that Fantom has the potential to not just hit, but soar past double-digit figures in this bull run! 🚀🔥
So, fellow crypto enthusiasts, fasten your seatbelts and get ready for the ride of a lifetime with Fantom! 🚀✨ Don't miss out on this opportunity to ride the wave of innovation and prosperity. Let's make this bull run one for the history books! 📚💫
Stay tuned for more updates and join us as we journey to the moon and beyond with Fantom! 🌕🚀 #Fantom #FTM #BullRun #CryptoRevolution BINANCE:FTMUSDT
Waves 2Next round waves 2 for FTM before the three ?
...............................................
FTM in daily time frameIn my opinion, FTM can reach $2 by maintaining its upward trend line. Of course, the resistance of $1.20 should not be ignored.
$FTM Bull Case - Multiple TargetsBINANCE:FTMUSDT is looking quite bullish, with a very clean chart and well respected Fibonacci retracement levels.
The support is sitting right at 61.8% of the last leg up. (Common reversal level)
I think the chart is open to multiple interpretations, each with a different target:
Descending Triangle : $1
Also a key psychological level and a previous resistance.
Bull Pennant : $1.15
Previous resistance and close to the top from last March.
Elliott Wave W3 : $1.3 or $1.62
If $0.76 is the local bottom, it would be a perfect Wave 2 end (61.8% of Wave 1).
According to Elliott Wave theory, the Wave 3 target would be either $1.3 (161.8% of W1) or $1.62 (261.8% of W1).
$1.3 is also a key support from 2021/2022.
$1.62 is also a resistance from 2022.
My strategy for this will be:
Open a long position after a break above the resistance trendline, with a wide SL
Take partial profits at each target
Starting from $1.15, move my SL up below the previous target
Not Financial Advice
