✴️ Fantom Looking Like July 2021... 2,180% Wave To Go UP!Back in July 2021 Fantom hit bottom vs Tether (FTMUSDT).
This bottom was marked by a hammer candlestick and what followed was a 2,180% bullish wave.
This wave lasted 98 days.
The bear market started right after and has been going for 434 days.
A huge 95% correction (-95.29%) from the All-Time High...
If the low is confirmed at 21-November-2022, then the total duration would be set at 392 days.
Now, with Fantom looking like July 2021, we have to prepare for the next bullish wave.
We have a higher low long-term so a higher high is still in place.
It will take years to get there... We are at the bottom now...
Once we hit bottom, the only one place left to go is... 👆
Namaste.
FTM
🔥FTM GROWTH WILL IMPRESS YOU: THE 3 TARGETS FOR THIS ALTCOIN🔥Hi, friends! Fantom has been quite the rollercoaster ride in the world of altcoins, with its volatility making it a topic of much discussion among crypto enthusiasts.
Recently, there has been a trendline breakout that has many traders wondering what the future holds for this digital asset. While some believe that this break may be temporary, others predict that it will return to the value area once more. One thing is for sure, the $0.53 key level will be a major hurdle for Fantom to overcome as it tries to make its way back to the top.
📊 TRADING PLAN FOR FTM:
1. return to IMPORTANT $0.44-047 value area after the local growth
2. volume growth as it usually happens at the bottom
3. bullish BTC is a must-have for the growth of 99% of altcoins
✅ THE MAIN TARGETS FOR FTM:
1. $0.53 - the key level and local high
2. $0.66 - the key level and local high
3. $0.75 - even number and key level
💻Friends, press the "boost"🚀 button, write comments, and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
FTM idea sharingFTM has a double-top pattern in the four-hour chart, and the price rebounded after reaching the support near 0.3161, and broke through the downtrend line.
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After breaking through the downtrend line, FTM has a chance to appear in a bull flag pattern, and the current price is near the downtrend line.
If the four-hour closing price is higher than the downward trend line, you can enter the market with long orders:
Stop loss: 0.3954
Take profit: 0.5329, 0.5631, 0.5990
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Fantom outperform Bitcoin?Hello
I'll start to make once per week update from some chart now on, so better stay tuned.
Fantom looks really good against Bitcoin as long as price stays on top of that key level which I marked clearly with arrows .
You can see from the chart what happened last time it broke that level.
If we can't hold the level I let my risk managment do the work and look for new opportunity if the price comes back on top
We can also break and retest the level which actually happens quite often if you stay patience
Ethereum has also been outperforming Btc for 2 weeks now so that would support this and maybe move some money to alts. Everything depends of the Bitcoin Dominance chart.
Let's check some bigger time frame also
Not financial advice
If you do take trades always use stop loss!
1st mistake novice traders do I don't use them and their ass burned!
Check out my previous work "I think bottom is in"
-Palén
FTM 1st wave breakout - longtermTLDR - Longterm targets: 5$ and 9$
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As I mentioned in a previous idea, I believe FTM broke the zigzag correction in october of 22. Historically speaking, the Elliott Wave Theory fits like glove on this token, so my selling strategy will be according to that same theory as well, besides the usual indicators.
FTM is a low profile token that actually solves problems and the FTX shambles was what prevented the first impulse to carry the price action. It was hinted then and it's obvious now that the exchange's debacle and its native token was a "small" stone on what already seemed back then a clear path to my long term targets of 5$ and $9.
They still stand. I don't know how long it will take, but it's now confirmed that the journey already began.
¡See you there!
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DYOR
FTM - Not taking profit until 1.32$💎Fresh and Promising performance today. Fantom is attempting that breakout i was talking about last time:
In any case, every time the crypto market dumps we select a good ALT to go Long or buy spot...FTM is in the top-5 of my shortlist.
Let's go higher now Fantom.
One Love,
The FXPROFESSOR
FTM - Road to 2024Already down 95%
Crypto winter will not be short imo and we will range bound for a while.
Either scenarios, I will be DCAing on a weekly basis like the rest of my trades.
Short term is very difficult to read for me and I don't use margin so I will do what I did back in 2018-2019 and pick strong coins to DCA for a year.
2024-2025 will be exciting...
FTM breakout - the $1 is inevitable - shortermFTM just broke the trendline with a retest after a beautiful inverse head & shoulders. I think now we're going to see the 3rd elliot wave, which is in most cases the biggest impulse, according to the Elliot Wave Theory.
In a related post I said previously that FTM would very much likely explode, and that $0.22 was a great level to go long (see my related ideas). But in case you've missed it here's another stop before the dollar mark.
I know I should have probably made this post earlier: it was clear even at $0.30 back in March, that a long position was still valid and it was a great opportunity to fill the bag.
I've opened a long at 0.22 cents and my targets are HKEX:5 and $9.
Will FTM go literally off the chart? The answer is brighter each day.
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DYOR
🔥ONE MORE PULLBACK TO PUMP CARDANO ABOVE HIGHS: THE 3 TARGETS!🔥Hi, friends! Cardano like most of altcoins follows the BTC. I expect one more BTC pullback, so ADA can go lower too. I think that Cardano will pump by +20% at least.
📊 TRADING PLAN FOR ADA:
1. pullback to $0.345-0.3 value area
2. volume growth confirms that the bottom reached
3. bullish BTC
🚩 One more scenario is a pullback below to the $0.32-0.33 value area. It's a deeper pullback that will take the most long traders sl out.
✅ THE MAIN TARGETS FOR ADA:
🔥 $0.42 - the key level and local high
🔥 $0.44 - the key level
🔥 $0.50 - the key level and even number
Traders, what is your favorite altcoin to trade? Which altcoin should I pay attention to? Write in the comments!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
AT CryptoScan: FTM second bite at the cherry?Just a quick note that FTM is now looking like a possible breakout for the next couple of weeks/months. After an extended consolidation period, it had worked its way into a long term range and is probably in a squeeze of sorts.
It is likeable that the MACD is rising, and better yet, the VolDiv is increasing so much more. So, if this is correct... the second bull run is possible. Early days, but worth to keep an eye on.
Potential strong bull rally still baking... wait for it
🔥ALTERNATIVE BULLISH SCENARIO FOR BTC: PUMP AFTHER PULLBACK🚀🔥Hi, friends! A lot of analysts now think about the next BTC move. I can say that BTC is still in a bull trend, but the market is overheated and need to make a pullback to recover.
You can see it by the bearish divergence on many indicators, the trend angle and new sell orders at the highs using DOM and Footrpint.
I take a 2020 Bitcoin price pattern to predict the next BTC move. I don't expect new highs in 2023, but mid-term growth is highly possible.
I mention the 2 areas which will become strong support:
✅ $25,200-26,400 - the value area where many long sl are placed and the top of the global channel. The price will not fall lower with the high possibility.
✅ $22,650-23,850 - the second critical value area. The price will fall here if lot's of bad news appeared on crypto or stock market.
✅ THE MAIN LONG TARGETS FOR BTC AFTER THE PULLBACK:
1. $32,000-38,000 - the highly probable targets in the current market conditions.
2. $45,000-48,000 - the max targets for BTC if only the entire world economy will fill well.
Remember that the market is still in a bull trend and the April is one of the most profitable months for Bitcoin.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
FTMUSDT - Buy Setup!FTMUSDT (1D Chart) Technical analysis
FTMUSDT (1D Chart) Currently trading at $0.492
Buy level: Above $0.485
Stop loss: Below $0.37
TP1: $0.58
TP2: $0.66
TP3: $0.85
TP4: $1
Max Leverage 2x/Spot Market
Always keep Stop loss
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