FTM/USDTDue to the strength of the downward trend in the foreign exchange market ftm was also affected and one after another important support was broken down.
Now, after a break and trying to grow above 0.4337, it has failed and is falling again.
In my opinion, due to the high strength of the downtrend, we can see a drop to 0.1843
If FTM can down to range 0.1843 It has a very important support on its way and with the failure of the range 0.1568_0.1843 It can drop up to 0.0508
FTM
FTM SHORT FTM it's dead i am short it first target on the 1h and 15 min time fame here 0.3097
on weekly we going to 0.2 wil upadte that later soon
ftm wil drop to the 0.3097 and i think it could do like luna from this level to drop fast
good luck all
ftm bearish divergance got reject 4h time fram btc going down usdt going up
FANTOM - Step By Step We Rise AgainFANTOM has risen a good 21% today and given that the number was almost 30% a few candles earlier this could be time for it to rise again.
Nasdaq is rising nicely on support, Crypto is recovering and weekend is coming. We expect the rise to continue 🦉💹
We are Long on Fantom and our expectations remain high. The market has taken a beating but the Great projects will prevail and FANTOM is in this category.
Our Bitcoin chart:
One Love,
the FXPROFESSOR
FTM Entering Accumulation ZoneFTM entering accumulation zone. Time to start stacking up!
Key takeaways:
1. Respectable descending channel - looking to create a final LL
2. Major key support from last summer
3. Based on historic records, altcoins have a tendency to reach maximum drawdowns from ATH's at 90-97% thresholds. We have entered that territory.
We been SMASHED but can we Come Back? (YES!!!)FANTOM has come back to base, following the overall market performance (troubles).
Technically speaking the price is on support and a good 9% rebound is in place.
The 60 cents resistance is mild, the 50 cents support is much stronger.
time to Buy again? Who know.. we will be honest with you: things are scary but Fantom has a great project that we like to beleive in..so yes, time to BuY!
One Love,
the FXPROFESSOR
Levels to maintain in Daily FTMUSDT $FTM - analysis ichimokuHere you can see the price to maintain.
--> We've just made a rebound on flat SSA daily.
By the way, we make a falling wedge with RSI weekly. It's often bullish than bearish!
In weekly chart, we get out of this falling wedge probably next week but not in daily chart as you can see.
We see also a bullish divergence in 4H and in daily chart !
I hope that the 30k$ for BTCUSD will be huge support.
have a good day Fantom Family
BTC- Update a few months laterHi,
As you can see...$BTC is still not looking attractive in any sense of matter. The ALT coins are starting to decouple as seen in the previous cycles.
IMO we have been in a bear market for quite some time now, waiting on BTC to finally capitulate. A test around $20,000 will offer some amazing risk/reward opportunities on almost all bluechips in crypto.
I have over 60% of my portfolio in USD, waiting for the right time to buy. Every dip is not worth buying, no matter which Twitter influencer told you so.
I will be splitting my holdings into two groups- Blue Chips and Meta-verse.
META-
$UOS
$VRA
$SUPER
$PYR
$FTM
$SOUL
BLUECHIPS-
$BTC
$ETH
$DOT
$LINK
$ADAX
$SOL
FANTOM- Time to Buy The Dip FANTOM Could be next to Pump.
Apart from the market's overall correction in April, Fantom ended up having extra reasons to suffer; named Cronje.
At this stage we see 99cents being the critical resistance which at least should be checked...and most likely breached over.
Let's see how the market does today and take it step by step but remember this: FANTOM deserves to shine again and it will.. sooner than later.
One Love,
the FXPROFESSOR
$FTM SHORT 10X (DT) Hello,
Please remember to factor in if the trade posted is a DayTrade (DT) or SwingTrade (ST). To eliminate any confusion all of the Title's should include one or both DT / ST.
PLEASE REMEMBER TO NEVER FOMO IN!
I'm here to share my thoughts and also receive feedback so please leave a comment if you agree/ disagree/ or just wanted to talk about a different setup.
Thanks,
QoverQ
📈FTM: when to open a trade? Is sl collection still possible?📈Fantom(FTM), we have to wait for the RIGHT setup or pattern to open a trade to earn +10%, 20%, 100%, and not mindlessly open trades and lose -2%, -5%, -10%. That's what I'll talk about in this idea.
🚩The key zones on the chart are:
🔶$0.564-0.686 - liquidity gap
⬜$1.15-1.50 - huge value zone
⬜$1.98 -2.45 - value zone
The price touched the liquidity gap , and since there are no buyers or sellers there , the price quickly bounced off that area. To open a long it is necessary to wait for the collection of stop-losses, the whales manipulation, of course, with the growth of volumes on the indicator. That' s why local collection of traders' stop-losses below the level of $0.66 is still possible. After that it is possible to open long trades❗
📍The trendline. When the price touches the global trend line, it is necessary to pay attention to the squeeze. The squeeze shows the willingness of traders to buy and a possible break up soon. You can see manipulation and local stop loss collections sometimes, but the squeeze is one of the most successful and simple strategy I use .
🎯Targets. The first target will be the value zone of $1.15-1.50. If Bitcoin and the entire crypto market will be in uptrend, the price have the chance to reach the second value zone of $1.98 -2.45.
Every crypto (BTC or alts) is unique. Fantom, for example, grows very fast, pumping by 10-20%, so don't miss the entry point😉
🎥You have to wait for the right set-up on the chart, not to trade everything you see. Check out my yesterday video review on Bitcoin, it's relevant to all cryptocurrencies!
FTM Analysis - How Low Can It Go?Hello Traders!
This analysis for FTM was done at the request of one of our members. I was actually quite Bullish on this crypto last year long before the leader left and chaos ensued.
So where is price headed?
- To be brutally honest... This is one of the worst charts that I've seen in a while. I can't find a single Bullish indicator anywhere on the chart. I actually think FTM could be trading around 0.20 or less by the end of the year and I'm serious about this.
- In the short term I would like to say I think it could bounce considering it's at a support level and has come into this level quick (indicator of potential bounce) but this crypto has underperformed so much that even when a bounce setup occurs it blast through the level and continues lower.
***I really don't have much to say regarding this crypto, if it was me I wouldn't put a single penny into FTM. It's done nothing but trade down with the exception of a couple bounces but aside from that this has got to be one of the worst performing coins in Cryptoland.
- For anyone holding FTM, I'm not trying to be abrasive, I'm just giving my honest opinion.
***I suppose you could short FTM but I would caution against shorting period unless you are experienced.
***Let me finish by saying this...
- If you are HODL'er of FTM, I would think very carefully about your plans for this crypto. The probabilities of you continuing to lose money with FTM are VERY high especially considering BTC is projected to hit $20K in the coming months.
- Personally I learned the hard way and had liquidated my account on several occasions when I first started trading. I left my money in cryptos like ADA, holding on because my emotions told me to. There was no logical reason to it, the charts said otherwise but I was attached to it and couldn't bare taking that size of a hit. In the end I lost all the money invested and learned the lesson of what happens when you allow your emotions to dictate your trading decisions.
- Lastly, I don't know if anyone reading is in this particular situation, but either way it's a good lesson to be learned. Charts like FTM will undue months if not years of work saving money to invest.
That's all, thank you everyone and best of luck trading!