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FTM

FTM Possible short scenario FTM has confirmed a double top pattern, but that being said i don't expect it to break past the neckline. There is a chance that the yellow trendline will hold, but this is dependent on market conditions which are a bit shaky at the moment factoring in BTC and overall tech market. I do expect FTM to recover quickly after this correction, once again factoring in market conditions! Bullish fundamentals - Fantom Maker getting more attention as a top launchpad in their ecosystem - FTX supporting FTM mainnet, bringing more ftm tokens to the exchange - Lots of new projects looking for BSC network alternatives like FTM bringing more users into the ecosystem Feedback is appreciated!
Short
by nirrex
FTM / USDT 4H Interval - Targets and ResistanceHello everyone, let's take a look at the 4H FTM to USDT chart as you can see the price is moving below the local downtrend line. Let's start by setting goals for the near future that we can consider: T1 - $ 0.1993 T2 - $ 0.2026 T3 - $ 0,2051 T4 - $ 0.2052 and T5 - $ 0.2117 Now let's move on to the stop loss in case of further market declines: SL1 - $ 0.1924 SL2 - $ 0.1889 and SL3 - $ 0.1859 Looking at the CHOP indicator, we can see that in the 4H range the energy slowly starts to rise, while the MACD indicator shows a local downward trend.
by cryptodailyuk
1
Fantom FTM: Detailed Technical ReviewToday you can review the technical analysis on the 1D linear scale chart for Fantom (FTMUSDT). Fantom price is below the median line in the Keltner Channel which seems to be resistance for a while. I put various Support and Resistance lines on the chart as well as the Ichimoku Cloud which is serving as resistance. RSI, Stochastic RSI, MFI, and Volume are shown in the chart. If price falls further lower, expand the chart to see lower support lines. What are your opinions on this? If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #millionaireeconomics
by MillionaireEconomics
3
🔥✅FTM pump: the whales traps last long tradersHi friends! Fantom is making lower lows but the volumes are also falling lower. I marked it on the chart. ✅ This is not common thingand mean that there are no sellers at the market. Also the whales collect enough liquidity and don't let the price fall lower. FTM could make at least the local pump. 📊 The preconditions to open a long: 🔥 volume growth during the DUMP 🔥 squeeze to the trendline 🔥 bullish BTC 🚩 Pay your attention to the first value area of $0.22-0.23. If we see the false breakout or test as the ressistance i recommend you to book at least 50% of profit. If I will see the sign of bull strength+DOM and Footprint wall orders to sell, I close 100% and open the short trade. ✅ The targets for FTM long. 3 value areas: 1. $0.22-0.23 2. $0.27-0.28 3. $0.34-0.36 🚩 Book 50-70% of profit when the price reach 2nd target. 💻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.
by Yuriy_Bishko
3
FTM 1HFormation of an accumulative rectangle, it needs to break the region of $o.4223 to get out of this imprisonment. Its bottom in this formation is at $0.1865 and from the top on 10/26/2022 from $3.05 until today, it had a devaluation of 94, 15%. Part of this devaluation is due to the problems caused by the departure of one of the Devs, which did not affect the platform, which has good fundamentals, but generated a feeling of panic (panic seller). Follow support and resistance in H's time frame S: 0.2015 / 0.2034 A: 0.2057 / 0.2102
by ferulianov
1
FTM TRIANGLE PLAYI can see one more leg up from the bottom of this forming Triangle. If we can hold the price above the range VAL, then my TP1 would be the POC, TP2 the Golden Pocket, wich is in confluence with the actual Triangle trendline resistance. Stop loss is near by the 0.882 Fib level, because if the price would fall to this level, the full triangle plan would be invalid. For this move the DXY has to continue the sideway ranging move (about 1 Posted yesterday), because this can give some fire for the ES, and the Crypto Market.
Long
by VPRoland1997
✅FTM SQEEZE TO THE TRENDLINE! ONE PROFITABLE SCENARIO🔥Hi friends! FTM have no deep bullback after the test the trendline for the 3rd time. It`s the huge sigh which show to us the pressence of BIG guys. They support the price and don`t let FTM fall lower. 🔥 Possibly they will want co collect the liquidity one more time below the local lows of $0.215 where a lot of sl of long tradrs are placed. 📊 The volume should grow on this manipulation. The volume indicator is the important tools that help to identify the best place of trand reversal. In this case we will understand that the bottom is riched and whales support the price. Now we can see how the price is squeezing to the trendline. You can also try to open a long now and if BTC will start pumping you can make at least 1:5RR on this trade. 🚩 Personally I use the DOM and Footprint sclaping indicators to identify the support and resistance by the whales and open a trade with them. ✅ The closest targets are the top of the value area $0.26-0.28 and $0.33-0.36. 💻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
by Yuriy_Bishko
14