FTM/USDT In the key level area. Success Break or Rejected ??💎 FTM has indisputably attracted considerable market attention. Currently navigating a pivotal juncture, FTM finds itself confronted with a formidable strong supply area. The historical struggle is evident in FTM's attempts to breach this area, marked by consistent rejections followed by downward movements, which underscores the significance of this challenge.
💎 However, envisioning a scenario where FTM successfully conquers the robust supply area would signal a bullish confirmation for the mid-term, Probability facilitating a smooth journey toward our targeted major supply area.
💎 Conversely, if FTM encounters hurdles in breaking the supply area in the imminent future, there is a potential for a return to a downward trajectory. FTM might retreat, engaging in a retesting phase at the demand area of $0.262 - $0.248 to initiate a fresh breakout.
💎 The unfavorable scenario materializes if, during the retesting at the demand, FTM struggles to uphold its position and breaches the demand area. In such an event, FTM would revert to the subsequent lower demand area at $0.218. Here, FTM is presented with a final opportunity for a resurgence if it successfully reclaims the demand at $0.262. Failure to do so would extend FTM's downward trend, culminating in a return to the robust support area.
FTM
#FTMIn the lower times of H1 to H4, it is moving in a short-term ascending channel, and around the bottom of the channel, a divergence has occurred in MACD, which has also formed a corner pattern, which can have a short correction for the top of the channel until around the bottom of the channel. OK. In addition, the most important resistance to continue the upward path is the range of 48 cents, which with the break of the range of 48 cents will have the ability to continue the rise of the red box.
FTM intraday setupFTM inside falling wedge pattern,
short below resistance or at current price 0.4672
target at 0.4513
good luck
FTM/USDTUPCOM:FTM falling wedge target is measured, we did a nice breakout, but can come down for a retest and tap the 200MA daily, set bids around there and the resistance of the falling wedge pattern.
GL
Brief Analysis——FTMAt the end of last week, we can see that the L1 and L2 block-chains took over the market’s eyes and saw further rises with the support of the inscription on the chain or the expectation of the Dencun upgrade. After the weekend, BTC once again failed in its attack on 44,000, and the market began to correct.
Today we take a look at the performance of FTM, the token of Fantom in this round of the bullish market and its current situation. Fantom is a block-chain focusing on the Defi field. Although it has not performed well in this bullish market, it is ahead of most other chains. In mid-2023, Multichain, the stablecoin issuer on FTM, had funding problems, which once dragged FTM down and fell sharply. Fortunately, Stargate's access even solves this potential risk. Perhaps without this unexpected incident, the rise of FTM would have further expanded.
Before analysis, let us first introduce the TSB (Trend Sentinel Barrier) indicator. This indicator is a trend indicator that uses a specific AI algorithm to calculate the accumulated long and short transaction volume, identify trend directions and opportunities, and calculate the short-term average cost based on the long and short hand changes in the multi-cycle trend, thereby more effectively seizing the trend. This indicator will give clear BUY and SELL signals, and the wavy area will provide support or resistance to the price movement, so that traders will not become paper hands due to callbacks during the rise (such as now).
At the daily level, we can see that both the decline started in May and the rise started in mid-October. The TSB indicator is always valid on FTM. The red and blue wavy areas always play the role of resistance or support in determining the direction. At present, FTM is far away from the wavy area on the daily level and continues to maintain the bullish trend.
Switching to the 4h level, you can find that the TSB indicator is still applicable. After the TSB indicator prompted a BUY signal in early December, FTM rose. You can see that although the FTM has experienced several large corrections on the candle chart, the TSB indicator has not exceeded the wavy area. The rally resumed shortly thereafter. FTM pulled back again this Monday and is in the wavy area on the TSB indicator. In this case, within the 4h level, the FTM uptrend has not been broken.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
FTM/USDT Bullish Movement from Demand Zone? 🚀FTM Analysis💎 Paradisers, let's take a closer look at #FTMUSDT, which is currently showing a compelling market behavior. After facing rejection from a supply zone,it is now setting up for a potential bullish continuation from a key demand zone.
💎 #Fantom is eyeing a bullish continuation from the demand zone at $0.4533. If it manages to sustain momentum above this level, we're likely to see a bullish trend develop. With continued upward movement, UPCOM:FTM target could be the significant supply zone at $0.880.
💎 However, the volatile nature of the crypto market requires readiness for different scenarios. If #FTM struggles to hold its ground within the $0.4533 demand zone, we might need to consider an alternate strategy.
💎This could mean anticipating a bullish recovery from a lower demand level at $0.3797. Yet, it’s important to remain cautious: a descent below this level might indicate a potential shift towards a bearish market direction. 🌴💰
FTM/USDT preparing for bullish move after retest?👀🚀 Fantom💎 Paradisers, let's focus on #FTMUSDT as it showcases a pivotal market movement. Recently, it has successfully breached a key resistance level, hinting at a possible bullish trajectory following a retest.
💎 #Fantom has impressively broken above the significant resistance at $0.5303. There’s optimism that it will revisit and retest this level, which could serve as a launchpad for a bullish move. Should UPCOM:FTM maintain its strength above this newly established support, it’s targeting the resistance levels of $0.6705 and potentially $0.9714.
💎 Yet, the crypto market is known for its volatility. It’s crucial to have a plan for various outcomes. If #FTM finds it challenging to sustain its position above this support, we may need to adjust our strategy. This could involve preparing for a bullish recovery from a lower support level at $0.4509. A break below this level could be indicative of a shift towards a bearish trend. 🌴💰
back to breakeven...? (FTM)❤️❤️Thanks for boosting 🚀 and supporting us!
📈wait for pollback to break of zone/
📊 (Buy) : 0.3725
🔴 Stop Loss : 0.3404
🎯 Take Profit : 0.3970 - 0.4409 - 0.4965 - 0.5285
🔗 For more communication with us, In the footnote and send a message in TradingView.
👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
$FTM Reached to 2nd Target & Ready To Attack The 3rdHi guys,
UPCOM:FTM was finally able to reach the 100WMA and by crossing this resistance level, it crossed 50 cents and touched our second target. Regarding the crossing of the 50 cents level, as I wrote earlier, if we see a weekly candlestick above $0.5 tomorrow night, we can expect the third target at the $0.64 level to be available soon. Also another important event is the formation of an intersection between the 100WMA and the 200WMA, which can easily throw UPCOM:FTM towards $1.
CRYPTOCAP:BTC has given investors rich profits since its last recorded low, and now there is an opportunity for "Smart Money" to flow into the top projects of the crypto market. After Solana's CRYPTOCAP:SOL and Avalanche's CRYPTOCAP:AVAX we all know about the high potential of Fantom's UPCOM:FTM and this has made us wait longer for the growth we expect from $FTM. But at the same time, we should not forget to save profits and not be greedy.
This is not a financial advice & do your own research.
Please "Like" & "Follow" if you want to see more of these ideas.
BJWise,
Goodluck
FTMUSDTThe roof of the channel will be broken soon. By breaking the ceiling of the weekly channel, the next target is 1 euro.
I have set $30 for FTM for 2024.
As long as we are on this channel. It is a good buying opportunity.
This analysis is for spot.
If it breaks, we will see $1 soon.
FTMUSDTBy breaking the second roof and reaching one dollar, we will see big targets.
I'm waiting to see the $30 FTM.
FTMUSDT.1DBased on the provided market data, FTM (Fantom) is currently trading at a price of 0.4911 USDT. The Relative Strength Index (RSI) values for the 4-hour, 1-day and 7-day timeframes are 74.48, 78.01, and 73.34 respectively. These RSI values indicate that FTM is currently in an overbought condition in all three timeframes. This could suggest a potential price correction in the near future.
The Moving Average Convergence Divergence (MACD) values for the 4-hour, 1-day, and 7-day timeframes are 0.0233, 0.0390, and 0.0253 respectively. The positive MACD indicates that the short-term momentum is greater than the long-term momentum, suggesting a bullish trend.
The Bollinger Bands (BB) for the 4-hour, 1-day, and 7-day timeframes are 0.5290, 0.4912, and 0.4640 respectively. The current price is close to the upper Bollinger Band in all three timeframes, indicating that the market is overextended and a price pullback might occur.
The support levels are at 0.3724, 0.2830, and 0.2357 for the 4-hour timeframe; 0.3940, 0.2798, and 0.2485 for the 1-day timeframe; and 0.2798, 0.1945, and 0.1740 for the 7-day timeframe. The resistance levels are at 0.5659, 0.6232, and 0.6510 for the 4-hour timeframe; 0.6512, 1.0310, and 1.4260 for the 1-day timeframe; and 0.6545, 1.091, and 1.4820 for the 7-day timeframe.
In conclusion, although FTM is currently in a bullish trend, the overbought condition suggests a possible price correction in the near future. Therefore, it might be wise to monitor the market closely and consider taking profits or setting stop-loss orders to protect your investment. As always, it's important to do your own research and consider your financial situation and risk tolerance before making investment decisions. Please note, this analysis is based on the technical indicators and does not consider any fundamental factors like news or events related to FTM.
A Trader's Perspective on the Formation of a Triangle PatternHello, friends! I want to share my forecast for the FTM coin in the cryptocurrency market. Recently, I noticed the formation of a triangle pattern on the weekly chart, and I believe that this could be an interesting signal.
My analysis suggests that there is a possibility of a pullback to the range of 0.24, where I plan to consider buying FTM for a long-term position. However, I want to emphasize that this is just my opinion and should not be taken as financial advice.
As a trader, I understand that making decisions in the cryptocurrency market requires thorough analysis and risk assessment. Therefore, before making any transactions, it is important to conduct your own research, consult with professional financial advisors, and evaluate the current market conditions.
Remember that the cryptocurrency market is highly volatile, and investments always come with risks. Be cautious and make decisions based on your own analysis and careful consideration.
I wish everyone successful trading and the ability to make well-informed investment decisions! Stay updated with the market, be prepared for changes, and never stop learning and growing as traders. Good luck!
FTM target 1.141D time frame
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FTM is creating a double bottom structure, which spends around 600 days so far. According to Fibonacci Extension, we can have final target for this structure. However, neckline 0.65 is the obvious resistance that might reject price to keep pumping firstly. Also, FTM is doing a potential Elliott impulse wave on lower time frame, that would provide momentum for FTM to get closer to neckline.
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TP: 1.14
SL: 0.2694
"Did you miss FTM?"⚠️👀
If you missed the Fantom train, I would say that the 0.4447 level could be a good place to get on, with a stop-loss of 0.3615 for the continuation of the journey.
🔴What is your outlook on this currency's growth potential if it is held? Is it expected to exceed our expectations during the upcoming halving?🔆
How does FTM behaving?Clearly it has bullish position after breaking resistances and now crossing over ichimoku cloud...
Be rich with FTM...
FTM ANALYSISBy examining the FTM waves, it appears that the formed pattern is a diametric one. From the green range it can step to complete the G wave. It takes some time to complete the F branch.
What the chart tells us is that the phantom rise will continue. The resistance range is the two red lines that I have marked.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
FTM Fantom: $2.0 | Waypoint to $10 & $35 an Organic MoonHad this at $0.05 cents and sold it at $0.08 cents
similar to Solana i sold at $7.0
a costly lesson and reminder that the heavier the position and conviction when the Handler decides to
shake you down... the FEAR is as sensational as the GREED
Good Luck to DUBAi and Beyond folks
and congratulations in advance
#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🌟!
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.
"Like" & "Follow" if you want to see more of these ideas.
BJWise,
Goodluck