FTM Bullish opportunityOnce the storm settles, FTM is certainly a good investment for the long term. If you are looking to enter FTM, check my TA as an idea for your trade.
Fantom
FTM (Macro Picture)FTM / USDT
Fantom is one of my favorite coins so far
I made alot of signals and calls in FTM recently which ended in nice profits
Macro Picture :
This is the long term / macro picture which can updated per weeks to months only
Mid term targets (wave 3) : 1.8$ - 2.2$
Then a possible huge correction (wave 4)
Long term targets (wave 5) : 5.5$ - 8.8$++
If we reached there the holding in this area will considered a risky as the distribution phase will start near there
Confirmation : breaking 1.15$ weekly
Note : this is my long term view .. in short term strong fluctuations expected to happen
DYOR
Phantom is ready for modificationPhantom is ready for modification
The ceiling of the vertical channel is touched, the RSI indicator confirms the correction situation. This is not a recommendation to buy or sell. Check with your technical analysis knowledge.
Fantom ... put this on your radar #ftm Fantom ... put this on your radar
Set Alert at 1.1673
stop loss 1.0325 target 1.5995
Market Cap 2.9B Layer 1 / DeFi
Possible Parabolic Curve
Not Financial Advice
Alternatively, FTM/BTC also looks bullish FTM/BTC also looks bullish.
Broke out from rising channel and has retested on the 4 hr. If it can close above on the daily, that would be a good sign to enter, as breakouts from rising channels are v bullish.
Happy trades,
CD
FTM to $2 ? This is an Ansem copytrade ngl.
I've been sleeping on FTM but there are no signs of slowing down.
Once the market bounces back, $2 is the mid-term target.
marked some potential resistance levels along the way where one might take profit
Also marked some bottoming / reversal patterns that played out at the bottom. Wish i was watching this one sooner! The signs were all there for this massive rally.
Happy Trades,
CD
FTM: 3-hit in high📊Analysis by AhmadArz:
🔍Entry: 0.9312
🛑Stop Loss: 0.9881
🎯Take Profit: 0.8719-0.8131
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
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Fantom ($FTM) Price Surges to $1 Amidst Market Volatility Over the past few days, UPCOM:FTM has experienced a remarkable surge, defying the consolidation gripping the broader crypto landscape. With its price jumping to $1.0 and beyond, Fantom has captivated the attention of both seasoned traders and newcomers alike.
The Rally Unveiled:
Since the advent of March, Fantom ( UPCOM:FTM ) has embarked on a staggering rally, propelling its price by an astonishing 150%. From a modest $0.41, UPCOM:FTM has soared to the $1 mark, with projections suggesting further gains on the horizon. Renowned crypto analyst Ali Martinez, who accurately predicted this rally, now foresees UPCOM:FTM reaching $1.44, underscoring the underlying strength of its upward momentum.
A Steep Discount:
Despite its recent surge, Fantom ( UPCOM:FTM ) still trades at a significant discount from its all-time high of $3.16, witnessed back in 2021. This discount presents an enticing opportunity for investors looking to capitalize on the token's growth potential. Moreover, with nearly 43% of investors currently holding positions below their initial investment, there exists a palpable sense of anticipation for a resurgence in FTM's value.
Market Dynamics:
The recent surge in FTM's price is not merely a result of speculative frenzy but is underpinned by tangible market dynamics. One notable development is the reduction in the supply of UPCOM:FTM coins available on exchanges. Since the beginning of March, the exchange supply has dwindled from 655 million to 643 million, signaling a shift towards long-term investment strategies. This decrease in supply correlates with a corresponding price increase, indicating a growing confidence among investors in FTM's future prospects.
Long-Term Investment Thesis:
The dwindling exchange supply of UPCOM:FTM underscores a broader trend of investors opting to store their assets in cold wallets, away from the volatility of exchange trading. This shift towards hodling signifies a fundamental belief in the intrinsic value of Fantom, beyond short-term price fluctuations. As more investors adopt a long-term perspective, the selling pressure on the market diminishes, paving the way for sustained upward movement in UPCOM:FTM 's price.
FTM tries to make a new breakout !FTM / USDT
FTM is just printed new bullish pattern on HTF
Breaking-out this pattern will result in strong bullish wave
Keep an eye on it
Note :
this coin above our 2nd entry by 37%
And from 1st entry by 105%
Yet still looks very bullish in HTF
Best of wishes
FTM/USDT bullish move from key support? 🚀 FTM Analysis💎 Paradisers, turn your attention to #FTMUSDT, as it shows signs of a bullish resurgence from a significant support level.
💎 In the dynamic world of cryptocurrencies, #Fantom has experienced fluctuations but is now poised at a crucial support zone of $0.4165. If #FTM can firmly establish itself above this threshold, we may see a vigorous rally towards the resistance level of $0.5607, signaling a bullish phase in its trajectory.
💎 Given the unpredictable nature of the crypto market, flexibility and adaptability in your strategy are paramount. Should UPCOM:FTM struggle to secure its position at this pivotal support, it might be time to consider an alternate approach.
💎 Plan B involves a strategic pivot, focusing on a bullish revival from the lower support level at $0.3431. Monitoring this level is vital, as falling below it could suggest a shift towards bearish trends. Keep your wits about you, Paradisers, as we journey through the fascinating landscape of the #FTM market.. 🌴💰
FTMUSDT.1DBased on the given market data, the FTM/USDT pair is currently trading at a price of 0.79 USDT. The Relative Strength Index (RSI) on the 4-hour, daily, and weekly charts suggest that the pair is somewhat overbought, with the RSI values being 63.11, 82.59, and 78.46 respectively. An RSI above 70 usually indicates overbought conditions, suggesting a potential price correction in the future.
The Moving Average Convergence Divergence (MACD) on the 4-hour, daily and weekly charts are positive, indicating bullish momentum in the short, medium, and long term. However, as the RSI is high, the bullish momentum may slow down or reverse due to potential overbuying.
The Bollinger Bands (Bb) on the 4-hour and daily charts are 0.85, suggesting that the pair is trading near the upper band, another sign of overbuying. However, on the weekly chart, the Bb is 1.010, which is above the current price, indicating that there may be room for upward movement.
The support levels on the 4-hour, daily, and weekly charts are 0.63, 0.68, and 0.59 respectively, which could provide a safety net if the price starts to fall. The resistance levels on the 4-hour, daily, and weekly charts are 0.95, 1.113, and 1.11 respectively, indicating potential targets for the price to reach if the bullish momentum continues.
In conclusion, while there are bullish signs for FTM/USDT in the short, medium, and long term, the overbought conditions suggest caution. It may be wise to wait for a potential price correction before considering a long position. However, if the price breaks the resistance levels, it could potentially continue its upward trend. Please note that this analysis is based on the current market data and does not take into account potential future events or changes in market conditions. Always do your own research and consider your risk tolerance before making investment decisions.
🔥 FTM Cup & Handle Break Out Confirmed!Around three weeks ago I made an analysis on FTM where I discussed the pending break out of the cup & handle pattern.
As seen on the chart, the pattern has been successfully confirmed and a break out is currently underway. FTM is now trading at it's highest point in 22 months.
2$ is the target for now. If BTC will soon break through 70k with confidence, we might move the profit target to 3.45$ or even 5$.
FTM is going to fly.
FTM : trade in reng📊Analysis by AhmadArz:
🔍Entry: 0.634
🛑Stop Loss: 0.597
🎯Take Profit: 0.664 - 0.668
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
FANTOM to 64c#FTM looking good
forming an inverse head and shoulders
As #ETH gas fees explode
layer 2's . EVM forks should start catching a bid
teased us with a false breakout ,,,, but giving us more of an opportunity to accumulate
I expect next summer to be well above a $1
FTM's attractive roadmapFirst of all, pay attention to the time frame, the time frame is big and time consuming.
A large and time-consuming diamond diametric has started from where we entered "Start" on the chart.
It seems that we are now in the indiametric "G" wave, which is the last wave.
A supportive "flip" area has formed on the chart, which is very strong. According to the order flow, now the buy orders that can start the rising wave towards the target of "$1.9" are within the "damnad" range.
The targets are listed on the chart.
Closing a candlestick 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(Fantom) Daily tf Range Updated till 04-03-24FTMUSDT(Fantom) Daily timeframe range. crossed through 0.6490 clean within textbook rules. but if btc end up in volatility it may loss it. overall it needs to stay above 0.6490 to get to 0.8799. it is that simple.
FTM FANTOM EW COUNTFTM had great run up off the lows but has been sluggish and weak since. Perhaps can be viewed as consolidating/accumulation
AM favoring 'the top' is close but also considering another leg higher might be in play after current pullback.
We will have to wait and see how the current pullback plays out and see how markets behave over next few days/weeks.
Opportunity to go long may be a favorable trade as I personally do favor another leg higher; a stop loss at previous low is ideal area to consider for managing risk.
Will update the wave counts as candles print. For now, nothing major.
Current sequence appears to be impulsive sequence of wave i-v to complete the corrective ABC as a wave ((4)).
We shall see how this plays out.
As always trade safe. If you would like to leave comments or share, please feel free.
If you found this helpful please click like to show support
Happy Trading
Cheers
DCA on FTMI just took a position on FTM, great potential. I will accumulate in the DCA zone if the correction is stronger, no worries.
Potentially a cup and handle formation taking shape, to be confirmed.
#FTM #FTMUSD #FTMUSDT #Analysis #Eddy#FTM #FTMUSD #FTMUSDT #Analysis #Eddy
(("All the relevant areas and explanations on the chart are clear and clear, the trading setups need to get confirmation to enter, if you don't know how to get a trigger and confirm entering into transactions, this analysis is not suitable for you, the above analysis is for professionals. and if you are a beginner, my suggestion is that you don't destroy your capital and first learn technical analysis and basic trading along with psychology and risk and capital management from reputable sources and courses, and then enter the financial markets."))
(("The above analysis and setups and points and areas are combined with most of the combined styles such as price action, supply and demand, RTM, ICT and also with the analysis of important indicators such as Dominance Tether and Bitcoin.
If you are familiar with the mentioned styles and know how to get approval to enter the above styles, use the above analysis.
This is not an investment proposal and only my opinion, please act based on your experience and decisions."))
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
BTCUSDT.P Setups 1+2 :
BTCUSDT.P Setups : 3+4 :
I also suggest you to view my #Analysis of #Bitcoin from the link below :
Related Tether Market Cap USDT Dominance Analysis : (( USDT.D )) : Check Link :
FTM heating up, first really big move about to comeFTM price lagging but not the technology.
If you're not already in FTM you should consider.
The first big FTM bull run wave hasn't started yet, big opportunity before the weekly resistance break.
This idea is simple - buy on touch on the daily trendline (front run the big move) or wait for breaking the daily and weekly resistance area.
Ride FTM to close to 1 dollar (0.99 or so) or hold longer - non financial advice.
FTMUSDT,🟢Is it bullish?🟢
Well, the price reached the important demand zone that formed as a rejection block and had a bullish reaction, and then the price hit the bearish order block that broke the previous low.
Now if the price can stabilize above 0.3965, we can expect a more bullish move.
the first target can be the liquidity above 0.446 and the FVG.
💡Wait for the update!
🗓️03/02/2024
🔎 DYOR
💌It is my honor to share your comments with me💌
3DAY cup and handle forming on FTMFTM 3day chart looks bullish. Already had decent move up recently.
.55 level would be the level to break, then consolidation and then run to the upside.
The first target being 1.00 maybe little higher
Thanks for your time!
Not financial advice, just my 2cents