#FTM/USDT#FTM
The price has been moving in a descending triangle since last February
The price gained support at 0.1730
The price is expected to break the downtrend at the current price
First target : 05160
Second target : 0.6555
Which represents 200% of the current price
With an oversold presence on the MACD
✅Thank you, for more ideas, hit 🚀 Like❤️ and 🌟Follow🌟!
FTM
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.
FTM Fantom: Unveiling the Potential in a Ghostly Market!Hello Crypto Explorers! 👋 The FXProfessor here, diving into the spectral world of FTM Fantom. Let's decode the mysteries of this intriguing altcoin and chart a path through its ethereal market presence!
FTM Fantom's Current Pulse:
📈 Ghostly Gains: FTM is showing a spirited performance in the crypto realm.
🎯 Target Locked: Aiming for phantasmic heights in our trading journey.
Support and Resistance Levels:
🛑 Steady Support: Monitoring critical levels that underpin FTM's stability.
🚀 Ascending Further: Breaking key barriers could propel FTM to otherworldly gains.
Tactical Trading Steps:
🕵️♂️ Focus on the immediate targets, navigating each spectral wave with precision.
⚖️ Balance your moves with a deep understanding of the ghostly market dynamics.
Long-Term Vision:
🌠 Potential for supernatural returns as FTM challenges its spectral boundaries.
📊 Watch closely as we trace its ascent towards our long-awaited targets.
Strategic Approach:
🌟 Combine patience with keen market analysis to master the Fantom realm.
📝 Adapt to the ghostly fluctuations of the FTM market.
FXProfessor's Perspective:
🌐 FTM Fantom is more than just numbers; it's a digital enigma in the vast crypto universe.
👀 Stay tuned for continuous insights as we journey through Fantom's enigmatic path.
Trade with foresight, embrace the crypto mysteries, and let’s unravel the secrets of Fantom together! 💙
One Love,
The FXProfessor 💙
Remember not to FOMO..Just follow the levels
$FTM of Fantom Easily Reached To 1st TargetHi Friends
After breaking through the 50WMA resistance, Fantom ecosystem's valuable cryptocurrency, UPCOM:FTM , easily reached the first target and reached above the $0.4 level. Currently, 100WMA at the level of $0.5 is still considered the main resistance of UPCOM:FTM before reaching the important level of $1.
Therefore, if UPCOM:FTM can cross the 100WMA and register a weekly candle above the $0.5 level, the 3rd target and higher targets will be easily available before reaching $1.
More than 30% net profit has been made since my last update. Don't forget to save profit, avoid greed and do your own research.
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BJWise,
Goodluck
FTM/USDT Assessing Bullish Breakout Potential?👀 🚀Fantom💎 Paradisers, turn your attention to #FTMUSDT as it presents an intriguing trading scenario. Currently positioned in a demand zone and having recently executed a Break of Structure (BOS), FTM is showing a strong likelihood of breaking above resistance and initiating a significant bullish movement.
💎 Reflecting on #Fantom market behavior, it has been adhering to a descending trajectory. Presently, it is approaching a critical resistance level at .4428. If the price respects this level, we might witness a pullback to the BOS level. However, a successful breakout could lead to a vigorous bullish rally, aiming to overcome a higher resistance level at $.6599.
💎 However, it's crucial to stay grounded in the volatile crypto market. #FTM traders should be prepared for multiple outcomes. If it faces challenges in breaching the resistance zone and loses momentum, shifting focus to a recovery strategy from the support level of $.2855 becomes essential.
💎 A decline below this support level would necessitate a strategic shift. This development would call for a reevaluation of the bullish perspective and an adjustment of trading strategies to adapt to new market conditions. 🌴💰
🔥 FTM Easy Bounce Trade: Support Holds!FTM has been falling like the rest of crypto, but the price failed to fall through the main bullish support of the last few weeks.
In my view, this gives us a nice opportunity to play the bounce with a clearly defined stop and profit target.
BTC appears to be reversing as we speak, so it's a matter of time before alts start regaining their losses.
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.
🔄 FTM/USDT: Accumulation Phase Underway 🔄Overview:
The FTM/USDT pair appears to be entering an accumulation phase, suggesting a period of consolidation before potential future movements. Let's delve into the critical technical and fundamental aspects driving this analysis.
Technical Analysis:
Support and Resistance: The price is currently consolidating around the key support level , indicating an accumulation pattern.
Volume Analysis: Observe declining trading volumes, a common characteristic of accumulation phases.
Divergence Indicators: RSI and MACD may show divergence or flat patterns, supporting the notion of consolidation.
Fundamental Considerations:
Market Sentiment: With a broader market that may lack clear trends, FTM/USDT is in a position of accumulation, awaiting a catalyst.
Developmental Updates: Keep an eye on Fantom's project developments, as they may act as a catalyst for price movements.
Trade Strategy:
Exercise caution during accumulation phases. Consider the following:
Accumulate Range
Hold Time: Medium to long-term
Risk Management: Use a conservative stop-loss strategy to protect against unexpected breakdowns.
This analysis is for educational purposes only and not financial advice. Conduct thorough research and consider your risk tolerance before making any trading decisions.
👉 Like and follow for further updates on FTM/USDT!
FTM/USDT In the Crucial Area. Break and Bullish or Rejected ???💎 FTM's recent market activity has undeniably garnered attention. The coin's trajectory showcases a breakout from the Descending Channel, further emphasized by its significant volume and upward momentum.
💎 Interestingly, FTM didn't undergo the typical retesting phase on the resistance trendline post-breakout. Instead, it surged forward, breaking and closing above the resistance level at $0.2195. This resistance has now transformed into a support zone for FTM. Observations indicate that probability FTM has been consistently bouncing off this newfound support, aiming for the next pivotal point: the supply area.
💎 This supply area is a critical juncture for FTM. For the coin to continue its bullish trajectory and reach the subsequent supply zone, it needs to break and sustain above this area. However, the crypto market's inherent volatility means there's always a chance for a reversal. If FTM faces rejection at the current supply zone, it might retreat to its support at $0.2195 to gather momentum for another upward push.
💎 A failure to bounce off this support could see FTM descending towards the demand zone. This demand area is FTM's last bastion for bullish hopes. A breach here could trigger a bearish trend, potentially pushing FTM towards its key support zone.
💎 In a pessimistic scenario, if FTM revisits the demand zone and fails to uphold its position, it could mirror the trajectory of FTM, as mentioned. This would mean a potential downward spiral for FTM, with the coin possibly gravitating towards a strong support area, emphasizing the delicate balance between bullish optimism and bearish caution in the crypto landscape.
Quick Update FTM Quick and short term update from FTM, the market is taking a break as we have talked about before and the next stage of the climb will be realized soon, the market is ready and the critical point of the FTM is 24 cents, as long as it is above this number it is possible to climb was hopeful.
#FTM
#FTM #FANTOM long-term targets, until the end of 2025Fantom's long-term targets, until the end of 2025
According to Elliot's wave count conditions, from March 2020 to January 2022, a five-wave structure can be observed, which can be a small part of a larger structure, i.e., it is either wave 1 or wave A of a five-wave or a three-wave. . From January 2022 to October 2023, a corrective structure will be observed as wave 2 or B, and now we are forming the next rising wave, which according to Elliott's rules should be formed as five waves and as wave 3 or C. Depending on whether the new movement wave is formed as wave 3 or C, different targets will be created.
Therefore, our target range will be relatively large, but according to the shape of the movement structure and also the estimate of the end of the climb, we can reach relatively suitable points in the specified time.
The targets are:
TARGET1: 6$
TARGET2: 15$
TARGET3: 60$
TARGET4: 270$
ENTRY: 0.33 -0.21 $
STOP LOSS: 0.15$
BULLISH ON THIS FTM TWO-YEAR APEXIn this chart of BINANCE:FTMUSDT , we saw an apex pattern and I would consider bullishness for this coin because of these factors:
Triangle and its past. The specific pattern shown is a descending triangle from its prior uptrend movement from a daily and weekly timeframe, indicating a higher chance of a resistance breakout.
Respecting the elderly. In terms of the seniority, the current resistance line is formed in January 2022 while the support is two years old and six months older. In my trading experience, the old will have the "firmness" and conviction.
I also posted this on my past idea of this two-year support, true enough the market respected it.
Take note, price rejection can happen, plot your support lines on an hourly perspective as possible.
I would add more goodies in the comments down below.
Always PLAN your trades and happy trading!
The FTM chart is amazing!The FTM symbol is inside a very large structure. Wave C of this large structure is a diametric, whose sides I marked with dashed lines. Now wave e is ending and we are entering wave f.
The Fibonacci on the chart is the ratio of wave A to G of the diametric pattern that I marked with a dashed line, and it is expected that wave G will end in this area in the future.
We expect the completion of the drawn movements from the FTM as shown.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
ftm long term i saw ideas that when some coin goes up publish the bullish when its goes down they say its dead man
i think
the market cap of ftm is small even small money can change the market
i analyzed ftm like this for long time ago
ftm will see 30 cents but it may stay there for a cuple of the time
but 30 cent resistance is powerful and when its goes over it it can be a powerful suport line
i think
the capacity of ftm is 1.5B so the real price is
50 to 60 cents (as i marked)
in the other hand
ftm has 22cent
and the 16 cent suport line
when its crash
i think ftm goes to 5 cent and it can be a bad ending
beware that any news can change the price extremely
the best news that i want to hear is ftm become layer 2 and nfts maket hype again or etc
many thx