FTM
FTM IS STILL BULLISHHi, 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 USDT , How Fantom Is Going To Be The Next 4x Gigantom!BINANCE:FTMUSDT
FTM has been one of my favorite altcoin which i bought at 0.2$ and reached the price of 0.65$ which is almost 3x gain in the times when everybody's mom was dead bearish on overall crypto market.
Here is that tweet posted on 4th Jan :
At that time FTM was at the MAJOR SUPPORT! and it made a Bullish Divergence on RSI in Weekly Timeframe! Which was the Biggest Bullish Signal which nobody saw!.
And now
And Now, It broke the consolidation of 280 days and retested it. Retesting the Range after breakout it a buy condition and also it has now bounced from it and making bullish trends on lower time frames
Even if we calculate the current retracement it comes out to be exact at 0.618 Fib Levels
For Swing Setup, Invalidation would be break below 0.4$
and targets would be 0.84$-1$-1.6$-2$
That's it for FTM
Please do like and comment your doubts below and let me know whether you liked the analysis or what you can add more to it. :)
Thank you
🔥FANTOM: DON'T MISS THIS TRADE AND MAKE +51% PROFIT TO HIGH🔥Hi, friends! All altcoins make a pullback with BTC. It was so expected. FTM falls to the closest imbalance at $0.42-0.44 and now tries to recover.
I make the 2 trading plans for you, friends.
📊 MY TRADING PLANS FOR FTM:
1. I can expect the pullback to the area of $0.52-0.57 and return to this imbalance which becomes the support.
Here we will try to find the entry point to long again but with targets above $0.66 local highs.
2. FTM returns to the value area of $0.47-0.48 and test it as the resistance.
The price has to fall below the local lows to take more sl of the long traders and make a false breakout. There will be a time to open the longs.
✅ MY TARGETS FOR FTM:
🔥 $0.6 - the key level
🔥 $0.65- the key level and local highs
🚩Traders, what targets do you have for FTM? What is your favourite altcoin to trade? Write your thoughts 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.
The price fluctuationsThe buying pressure in the weekly timeframe caused a temporary break of the $0.50 range. But price stabilization has not been observed in the weekly timeframe above this area. 5 consecutive weekly candles and breaking the previous static resistance levels is a very strong sign for the continuation of this movement after the correction. After the price of Fantom entered the corrective wave, the first important support is located in the range of $0.36-$0.38, where we expect a positive swing from this range.
But the second support of FTM is considered in the range of $0.278 to $0.320. This support level is an important supply and demand range in daily time, which has the potential for a stronger positive reaction. Its trend in the 4-hour timeframe is bearish, for which we can consider a bearish channel. The continuation of price fluctuations in this range is expected.
$FTM Down to .328 then up to .87FTM appears with will hit the bottom of the weekly candled breakers. The smart money fib, that breakewr runs between the smart money buy, getting alot of retail to buy early, then sell thiniking it's gonna sink then back uip to when I would recommend.
Entry - .33
SL - .232
TP1 - .49
TP2 - .69
TPT3 - .87
KUCOIN:FTMUSDT
BITSTAMP:FTMUSD OKX:FTMUSDT.P
F\ KUCOIN:FTMUSDT.3L
BITFINEX:FTMF0USTF0LONGS
FTM amazing profits after my call ! What next?FTM / USDT
FTM was one of strongest coins in this bullish wave
In less than 1 month it made more than 180%(spot) after my call in 8th January last month
See my previous idea here : ⬇️
WHAT NEXT ?
I recommend secure some of your profits As you can see in my chart we approaching strong resistance between 0.75$ and 1.10$
Big rejection can happen here however if it could break it the next will be the previous ATH or even more
Appropriate your support by likes and comment for more ideas like this one
$FTM Technical Analysis - R Fair Value Gap Turned Support *SMC**SMC* = Smart Money Concepts. See related Ideas for tutorials
In Smart Money, there are specific candle formation that will lead to a lot of clues to price action results. Yesterday FTM was the product child of those clues. Currently, the price has hit the top od the daily / weekly fair value gap. I just closed my long position because I expect it to retrace to thebottom of the weekly fair value gap, which in turn is also a breaker. These will act as support so once price reaches $0.548 we should see that support start working it's magic
Current chart label (1) Lower time frame
(2) It could retrace to the bottom of the order block which would balance the chart on a weekly level and then would also turn bullish at$0.51885 - See chart two higher time frame
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2
We shall see good luck and happy trading