FTM is Trapped, What Now?FTM is trapped between two levels, so what happens now?
What is FMT? Fantom (FTM) is a decentralized blockchain platform designed to facilitate instant transactions at low fees, making it ideal for businesses and developers who need to process large volumes of transactions.
FTM’s current situation
FTM experienced an impressive rally recently, with its value increasing by 220% from January 1 to February 3. Despite this surge, FTM is still priced relatively low compared to its all-time high, which would require a further 600% increase in value to reach.
However, FTM has been struggling to break above the $0.66 resistance level and is currently trapped between the $0.66 resistance and the $0.40 support. If FTM manages to break through the current resistance level, the next levels it would have to overcome are $1.00 and $1.60.
On the downside, if FTM breaks below the $0.40 support, $0.165 is the next significant support level. However, given the current market conditions, it is unlikely that the price will drop that low. Instead, the 200 Simple Moving Average (SMA), which acts as a mobile support and resistance, is a more probable level of support.
Bottom Line: FTM is an exciting cryptocurrency to watch as it continues to gain popularity and attract investors. Its low transaction fees and fast transaction times make it an attractive option for businesses and developers. However, as with any investment, it's essential to do your research and proceed with caution before investing in FTM or any other asset.
FTM
more downside for FTMThe short for Fantom is starting to play out to the downside. Measured move to 0.4798 then down to 0.435. Yah know my T.A is on point, its going to happen stay tuned....
Fantom shortFantom bounced off the descending trendline. Asset bounced off the resistance level. Bearish movement to support level at 0.4777 is possible.
My prediction for FTM in the next few daysAfter a successful rally, ftm finally lost the needed steam and seems to need a pullback.
In the lower time frame, we are in a falling channel that has several important supports. The area of 50and 45
FTM Cup and handle pattern WOW so many cups 😁
In general, I don't believe much in patterns, but I do believe in FTM movement, and I think we will soon see higher prices for FTM.
Inverse head & shoulder pattern on FTM 4 hrFTM wants to rip, it's been lagging BTC and other L1s these past 2 weeks, but it's basing up for another run.
FTMUSDTSince the price is above the support and resistance level and the shape of the trend and correction is similar to the flag pattern.
After breaking the ceiling of the channel, I will check for a buy position.
FTMUSDT ANAYSISHi Guys.
It is FTMUSDT .
I think it is Bullflags in FTMUSDT 4H.
And I give you target price also.
Have a nice day.
Thank you.
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 2023-2024📉📈 #FTM #cryptocurrency seems to have a bearish trend on the medium-term investment horizon, according to my analysis. #CryptoInvesting #HODL 📉📈
Fantom - FTM long 4h, head and shoulderClean head and shoulder pattern - here I'm looking for a entry on 4h time frame. Confirmed break through the blue line could be a good entry point.
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
FTM quick scalpyou can take a small short trade on ftm .... this is a quick trade ...target and stoploss given on chart
🔥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.
Fantom longFantom broke trough the descending trendline. Asset broke trough the resistance level. Bullish movement to resistance level at 0.64 is expected to happen.
ftmIn the previous analysis, we said that if that red box is broken, he can see the above numbers. Now he is trying to break this resistance ceiling to touch the midline of the higher channel.
FTMUSDT LONG SIGNALS!!!!Hi, friends. Nice to meet you.
FTM has now risen and broken through, and has succeeded in retesting.
The target point will be the previous high point.
If you don't have a position now, you can catch it at 0.5 or 618.
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 looks bullish again !FTM /USDT
Price is retesting previous swing high which act as key support level now
Priority is bullish as long as we hold above the level