short on FTMhi again
Since the FTM currency is in a downward trend in the 3-hour time frame, if we see a price increase that will bring the price to the 0.5 trading range of the higher time frame, short positions will have a relatively high probability of success.
For this reason, I share the above shorts position with you
FTM
short on FTMhi again
Since the FTM currency is in a downward trend in the 3-hour time frame, if we see a price increase that will bring the price to the 0.5 trading range of the higher time frame, short positions will have a relatively high probability of success.
For this reason, I share the above shorts position with you
🔥 FTM Head & Shoulders: On The Edge Of DarknessFTM has been one of my favorite tokens during the bull-run, but has lost nearly all of its value over the last two years.
In my eyes, there's potential for more bearish price action in the future. I think that FTM can fall as far as 0.05 USD. Consequently, this would be my ideal area to step in for a long-term position.
I'm waiting until the price closes below the neck-line of the pattern before making an entry, which is safer.
FTM could turn bullish soonHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the FTM symbol.
FTM ascended from where I entered "origin of motion" and removed 3 supplies and created ascending CH. The move continued until it reached a strong resistance, which I have marked with a yellow circle, and from there it underwent a correction after collecting many sell orders.
Now after a lot of correction it is coming back to the "origin of motion" where I think there are a lot of buy orders left. By hitting this area and collecting buy orders in this area, it can move up.
When the orders are collected and we move up, I have specified 2 TPs, but it is not necessary to be able to move up to the second TP. So you should take some save profit when we get to TP 1 and place your stop on the entry or you can completely exit the market at TP 1. It's really personal and up to you.
Also, in the chart, we have liquidity pools that I have shown with $$$. Pool 1 has been collected, but pools 2 and 3 have not yet been collected.
One thing you should know is that when candles reach a strong support/resistance and we have liquidity pools, after a CH, candles tend to collect liquidity pools ahead.
For risk management, please don't forget stop loss and capital management. Be sure to set a stop loss, because a smart trader will try to preserve capital before thinking about taking profit.
Comment if you have any questions
Thank You
FTMUSDTThis is a 1D frame analysis for FTMUSDT As you can see, the price has been ranging between the first support line and our resistance line for several days, forming double bottoms which is a sign of indecision in the market. The price is once again attempting to break the resistance line and double bottoms have formed. However, keep in mind that if the price cannot establish itself above the resistance line and fully break below the support line, it may start to move towards the next support line.
Twin Bottom Pattern and Trading Risk MitigationIf we notice a favorable response, particularly around the $0.22 level, there might be a chance of a twin bottom pattern emerging, indicating potential growth for Fantom. As we proceed through this week, keeping a close eye on the $0.22 support level becomes crucial. Additionally, watching for RSI divergence and a break in the downward trend line on shorter timeframes can help mitigate trading risks.
FTM ""Double Bottom"" Weekly ChartFTM is looking great as it is also forming a double bottom on weekly timeframe. The higher the timeframe the better it is.
It also started to form bullish divergence on 4h timeframe as shared in the previous idea.
We need to wait for the BREAK and RETEST of the NECKLINE marked with orange dotted line.
LETS PUMP IT !!
DYOR, NFA
Fantom – Long Entry Based on wick fill.In a previous TV idea, I suggested a S/R flip long trade for FTM (linked).
Unfortunately, the market is bearish, and I think that this trade is not a high-confidence setup.
I would like to suggest another trade setup based on the wick-fill strategy. This trade has a higher chance of success IMO. Trade Idea
Entry: 0.2256 (50% of the wick)
SL: 20.90 (below the wick)
Target: 0.33
TP: 0.258, 0.33
R: R: 1:6.6
FTM Potential ""DOUBLE BOTTOM"" !FTM price consolidating in the GOLDEN POCKET ZONE.
Setting up for an amazing higher timeframe DOUBLE BOTTOM.
Wait for the confirmation to long after breaking the neckline of double bottom.
That is all nice and simple for you guys !
DO NOT FORGET TO DROP A FOLLOW TO GET REGULAR UPDATES AND FREE LONG SETUPS :)
NFA , DYOR !
FTM ANALYSIS (4H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the FTM symbol.
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
Ftm we meet again at lastI gone long ftm. The market maker has pulled the market to the last line of support. We have a red vector candle with a 3% move down as the market maker entices you to short and die.
Totally oversold on all-time frames except the daily and even. A test of the 1st resistance is a 7% move.
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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