FTM
Fantom - Levels I'm WatchingFTM - a nice move so far.
I'd enter on a drop to thinner horizontal line - noted on chart.
Above 30 cent area is key for me on a macro scale, would ultimately like to see that attempted before reaching any targets above.
Key S/R flip below that we recently had, providing a bullish environment for the next potential move or consolidation, so long as it holds.
Stay frosty!
V
FANTOM | Train has left the Station..!!
#FTM Descending Channel Upside Breakout & Retest Already Confirmed in DAILY timeframe Chart ✅
Expecting 300-400% Bullish Rally in the Midterm (Just Matter of time)
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FTM do or die (long term analysis)FTM / USDT
the coin is testing its massive support in confluences with massive downtrend resistance
– A breakout with strong volume here could send this coin up to 1$ (380% from current prices !)
– A breakdown can send it too but to other direction :-) down to 0.04$ (-80% from current prices !! )
Dont predict ..watch the price action here then react after
Best of wishes
FTMUSDTSTOPLOSS IS MUST
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PAIR FTM
Wait for the Breakout or breakdown Without confirmation of market no trade wait for confirmation
Also Make sure place trade when the 2nd candle after breaking zone breaks the body of previous break candle
LETS HIT THE Target
Control your emotion if you are trader
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!
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.
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?
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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
🔥✅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.
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P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.