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FTM Fantom: Monthly Chart Hello friends, today you can review the technical analysis idea on a 1M linear scale chart for Fantom (FTMUSDT). The chart is self-explanatory. With the crypto market going through a correction, Fantom may still have downside to go. See where I believe there may be strong support and possible bottom. Included in the chart: Trend line, Support and Resistance Lines, and Volume. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. More ideas 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! #cryptopickk
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by MillionaireEconomics
1
Alt Coin TrianglesTriangles in Elliott Wave Theory indicate a 4th or B wave depending on the direction of price action or the the structure (impulsive/corrective)...what's good about triangles is that they almost always indicate that a final leg is imminent, e.g. a 4th wave triangle means the 5th and final wave is next, a B wave triangle means the final C wave correction is next. Almost all alt coins, ETH, SOL, AVAX, etc, etc, have just printed a triangle of some sort and then proceeded to fall downwards out of the triangle pattern, ETH specifically printed a triangle and final leg down back in June 2021 (exactly one year ago coincidentally). Is the bottom in for alt coins? ETH hit the 0.382 extension and there is bullish divergence on RSI...it could be the final leg for this bearish drive from the ATH.
BINANCE:ETHUSD
by Joseph_King
FANTOM Please stop scaring me 🙏🏻 (GO UP)Support again and a lot of Love and hopes for FANTOM but this is starting to be like the last chance. I am Long today but under 29 cents I will need to switch to a short position (with stop loss at 31 cents). I still think FANTOM is here to stay: take a look at crypto Marketcap 2017: coinmarketcap.com yeah, most tolkens are not around today, they didn't 'make it'. Pretty sure FANTOM will make it and be in the Top-15 or Top-10 in 5 years from now. LET'S GO FANTOM! One Love, the FXPROFESSOR
FLong
by FX_Professor
9
FTM/USDT - SHORT!Hello everyone, let's take a look at the FTM to USDT chart over the 4 hour timeframe. As you can see, the price is approaching the exit of the designated channel. Let's start with the support line and as you can see the first support which is currently trading at $ 0.3000, if the support breaks down, the next one is $ 0.2395. Now let's move from the resistance line as you can see the first resistance is $ 0.3570, if you manage to break it the next resistance will be $ 0.3883, $ 0.4133 and $ 0.4389. Looking at the CHOP indicator, we can see that in the 4-hour range most of the energy has been used, and the MACD indicator shows that we have entered a local downward trend.
FShort
by cryptodailyuk
✅FTM: false breakout of the triangle! How to trade it?FTM is moving in a triangle, and if bitcoin falls, it will pull the altcoin price with it. 📊What are the preconditions for the price fall? 🔶First of all, the volume indicator shows that a lot of FTM coins were sold out after the huge growth. All these long traders will be fuel for the fall after the triangle breakdown. Additionally 2 other volume growth at the bottom shows us that the some traders accumulate FTM for long but also can be trapped. 🔶A bullish trap that could happen if the price break it up and return to the triangle would be a second reason to open a short. Volumes on the indicator should rise above the average, which will show us selling to long traders, after which it will make them fuel for the fall. Also, the price could squeeze under the lower boundary of the triangle and break it down without a bullish trap. 🔶The price is now in the middle of the value area of $0.34-0.38, but if the price falls under that area, it will become a huge resistance for the altcoin. ✅Target 1 - key level of $0.3 ✅Target 2 - key level of $0.24 💻Friends, press the "like"👍 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.
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by Yuriy_Bishko
3
FTM/USDT Price Prediction Up and Down side both Scenarios#FTM/USDT Technical Analysis:- $FTM High Time frame Sentiment is not bullish but we can see some upward move ( Bearish Retest ) So Don’t Think it will again go 10x-20x and Always book profit time to time in crypto. Now I am expecting $0.6-0.7 test before Another dump. White Support line is very important So if this will break then $FTM ready to test $0.05 0.5 Dib Retracement also around $0.9 so this will be Exit point. No Doubt $FTM is good for Long term but keep in mind Bear market is always bear Market for All Coins. Support:- $0.3/$0.16/$0.05 Resistance:- $0.42/$0.65/$0.9 Spread your Love and Share your valuable Views. Thank you
FLong
by CryptoPatel
4