FTM
Long: FTM/USDT.P, MATIC/USDT.P, and GRT/USDT.Pentered these a little hastily a little while ago but i'm thinking there may be just a tad more bullish price action to squeeze out from the insane moves we've seen recently.
i'll be playing these really defensive, moving stops up and scaling out as needed
FTMUSDT 1H - Crucial pointFTMUSDT 1H
FTM has reached a crucial point, where the buying force is forced to continue or the price breaks above resistance, and will look for the 0.5783 region. In case of rejection, you may experience supports between 0.5357 and 0.5184.
We follow the supports and resistances no 1H:
Main support levels : 0.5357 / 0.5184
Main Resistance Levels : 0.5183 / 0.6013
MACD is neutral
RSI : Exhaustion Buying Forces
EMAs are neutral
FTM has reached a crucial point, where the buying force is forced to continue or the price breaks above resistance, and will look for the 0.5783 region. In case of rejection, you may experience supports between 0.5357 and 0.5184.
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