FTM: Pullback in UptrendTrade setup : Price remains in an Uptrend. After reaching our target of $0.55 resistance, price got overbought (RSI > 75) and pulled back on some profit taking. Pullback near $0.40-$0.45 support zone could be a swing trade entry in Uptrend with +25% upside potential back to $0.55. Stop Loss (SL) at $0.36 (prior swing low).
Trend : Neutral on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $0.40 (previous resistance), then $0.33. The nearest Resistance Zone is $0.55, then $0.65.
Fantomusdt
📈 Fantom (FTM):Potential Retrace, and Upside Targets! 🔄💹An analysis of Fantom (FTM) indicates a ranging phase, potential retrace, and outlines upside targets, providing insights for market participants.
Key Observations:
Ranging Phase: After a significant run-up, FTM is observed to be in a ranging phase between $0.37 and $0.40.
Potential Retrace: The analysis suggests a potential retracement in the market over the next week, possibly bringing FTM down to test $0.32 - $0.33.
Upside Targets: Following a correction, FTM could target as high as $0.45 - $0.48.
Fantom FTMUSDT Price Analysis (1w)BINANCE:FTMUSDT is currently displaying resilience as it bounces back from the established support level at 0.17.
This level has consistently deterred significant selling pressures, acting as a sturdy foundation in July 2021, November 2022, and October 2023.
Notably, each time the price revisits this level, it triggers robust bullish movements — registering a remarkable +1833% surge in 2021, a substantial +250% increase in 2022, and a solid +130% uptrend in 2023.
Despite encountering some resistance, the prevailing momentum suggests the potential for further upward movement in 2024. Noteworthy targets lie at key Fibonacci levels: 0.54, 0.77, and 1.10.
For potential downsides, important support levels are identified at 0.34 and the aforementioned 0.17. Investors should remain vigilant, considering the historical strength exhibited at these levels and the promising performance of BINANCE:FTMUSDT in recent years.
Fantom (FTM) coin completed setup for upto 26.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of the Fantom (FTM) coin with US Dollar pair.
Our last successful trade of FTM was the below one, and it was almost 44% pump:
Now on a daily time frame, FTM has formed a bullish Gartley move for the next pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
FTMUSDT is ready will go to 0.55Hello SSE community
As you can see Fontom has been broken the daily resistance in the area of 0.30 - 0.32 and retested the broken level
I can see bullish engulfing candle stick pattern at 0.3260 - 0.33 and it seems ready to moving upward to the target levels as following :
0.40
0.45
0.50
0.54
FTM to 0.1?Remember this is only based on H&S pattern and FTM formed it perfectly. Neck is at 0.15 and FTM holding 0.15 area since February 2021 which means breaking it below will be crucial. If we get confirmation on breaking neck we might see FTM around 0.1 which still means could stay in bullish in 1W and 1M TF. But remember there is a huge support zone around 0.05.
Fantom FTM price time to "catch up" with the marketToday, let's take a look at the global chart of FTMUSDT
Finally, yesterday the altcoin market revived and started to grow, and XRP was the luckiest with the court decision that recognized it as a non-security)
The FTMUSDT price hasn't really grown much compared to many altcoins.
We can assume that the coin still has growth potential:
- The liquidity zone is $0.45-0.55 , and we would consider this zone as the first medium-term target where you can fix part of the profit on a long position.
- "the final", probably it should be called a long-term target for the FTMUSDT price in our opinion is around $0.80
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Fantom FTM price does not want to fall, so it will grow🚀It is very likely that the FTMUSDT price is completing its corrective consolidation in the white liquidity zone.
And it looks like FTM holders may be in for a +100% price increase.
The first target for Fantom token growth is $0.80
The second target is $1.75, but this is a long process
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FTMUSDT (FANTOM) Daily: 04/03/2023: 🔴Please read the caption🔴
The bears show weakness on the Fantom chart.
The price had a bullish reaction after collecting liquidity below 0.411 and a low time frame demand zone supported the price very well.
On the other hand, there is a huge liquidity pool above 0.4762 that can be interesting for the price.
For that, the price can re-test the demand zone or rise from here.
The final target can be the supply zone
💥Important note: It is a high-risk opportunity, and if the price breaks the demand zone, this TA is invalid.💥
💡Wait for the update!
🗓️04/03/2023
🔎 DYOR
💌It is my honor to share your comments with me💌
Mummy Finance (MMY) Long mega potentialHello all perpetual lovers, this one is for you?!
And it’s a risky one - Mummy Finance (MMY)….
but Mummy Finance checks all the boxes for potential exponential growth (as I see it).
This perpetual exchange lives on Fantom network. I think many traders on Fantom network (including me) are waiting for a great perpetual Exchange - and here it is!? Mummy Finance is a fork of extremely popular GMX exchange (Arbitrum network). The look and feel is great and everything about Mummy gives me smell of success - no financial advice.
When it comes to TA, we have almost no historical data. We can see a big explosion in price the last days. But I really don’t think the potential future exponential growing is priced in….All things considered increased traffic on homepage/twitter, trending volume, NFTs, staking possibilities isn't priced in.
The most impressive key indicator is the revenue. $346,399 Dec 21st. Over 100K last 4 days!!!
If a it comes a big pull back, I really think it could be a good time to take a small bet. But please do your own research!
FTM/USDT/UpdateAs I predicted in the previous analysis and the first comment, a strong upward movement happened to break the downward channel, and after a pleasant growth, we are now witnessing a break and price correction. It should be noted that in this strong move, a strong static resistance was also broken, which has now become a valid support area in the $0.45 area. Following the specified stop loss, we will continue to wait for the realization of the $0.71 target.
FTM about to give you 10X profits than Other coins? Yes, FTM has potential progress in the slight bull run of BTC. Though BTC tries to break 24300 USD and if it breaks the 24300 zone surely it will hit 28000 USD within a week. Mark my word.
In the meantime, FTM made us 2.5X profits from 0.18 USDT to 0.49 USDT almost. MOST OF THE COINS NEVER GIVE THAT KIND OF PROFIT IN A SHORT TIME.
So, FTM is the BEST EVER.
If FTM manages to break 0.52 USDT, we will see it in 0.63 USDT, then every break makes it more positive. I even expected to reach at least $2 within August 2023
So fill your bag with FTM at every step.
Thank you
Fantom FTM price is able to grow to $0.70-0.80, but when?FTM buyers are quite aggressive, and they are currently buying back any price corrections.
We wrote more about Fantom in our previous idea
In today's idea, we have slightly adjusted the dynamic channels and reduced the working timeframe to daily for easier tracking of the idea's development.
It seems that buyers of FTMUSDT can organize another impulsive growth to the range of $0.70-0.80 in the near future . To do this, they need to gain a fixing FTM price above $0.45 and manage to break the stops of shorts above $0.50.
If sellers manage to defend the range of $0.45-0.50, then a fairly deep price correction may begin, to the region of $0.26 as we see in the white scenario.
And after the correction, growth will continue to the liquidity zone of $0.68-0.80.
Which scenario do you think is more realistic now and why?
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