FTM potential mid/long term view FTM / USDT
Fantom is trying to print huge I H&S on HTF which is great bullish pattern if completed
If my plan succeeds and the pattern is completed …the right shoulder is located between 1.2$ -1.5$ (first TP)
And if we breakout the neck line the next targets zones will be 2.9$-3.5$ and 5$-6.8$ (optimistic)
Note : We bought this coin around 0.48$ area few weeks ago which was a great entry…. price could also pullback again to low 0.6$ - 0.5$ (buy back zone if market provides)
Invalidation: Weekly support must hold to remain bullish
FTM
FTM Long Spot Position (200-day EMA Flip)Market Context: FTM is attempting to hold the $0.50 buy zone as a higher low while flipping the 200-day EMA from resistance into support, creating a promising setup for an upward move with a strong risk-to-reward ratio.
Trade Setup:
Entry: Around the $0.50 zone.
Take Profit:
First target: $0.82
Second target: $1.10
Third target: $1.66
Stop Loss: Daily close below $0.36.
This trade aims to capitalize on the higher low and potential EMA flip for the next leg up. #FTM #EMA
FANTOM (FTM) Don't Miss Out: The Bullish Outlook for Q4!Consider buying at 58c and 55c. UPCOM:FTM
This one has shown the following:
Flipped the macro level—bullish now
Weekly and monthly have fired bullish signals
Strong multiyear trend
Overall, this is one of the most exciting charts heading into Q4!
Alikze »» FTM | Wave 5 correction - 1H🔍 Technical analysis: Wave 5 correction - 1H
- According to the analysis presented in the previous post , in the weekly time frame, the first target has been the neckline, which was the supply area.
- Currently, in the 1H time frame, after breaking the zone, a correction pattern is being formed.
- Wave 4 correction in the range of the green box has formed a continuing downward pattern.
- This corrective wave is in the form of wave 4 in an ascending channel, which by breaking it to the specified areas, this corrective cycle can be extended.
Therefore, this wave can meet the demand after touching the specified areas and form an upward corrective cycle, which should be reviewed and updated.
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
BINANCE:FTMUSDT
FTM TRADE IDEA EXPLAINEDFTM/USDT is in bullish trend because its lows are protected as marked on the chart. After protecting lows price pumped and did clean BOS. As price has done BOS then we have to find order block and FVG in the leg which caused BOS. I have marked a demand area which was supply and now turned into bullish that's why taking first entry at the area with FVG and will do DCA below marked DCA zone.
FTM-USDT 1D chart Hello everyone, let's look at the 1D FTM to USDT chart, in this situation we can see how the price has broken out from the downtrend line.
Let's start by setting goals for the near future, which include:
T1 = $0.74
T2 = $0.85
T3 = $1.02
T4 = $1.23
Now let's move on to the stop-loss in case the market continues to decline:
SL1 = USD 0.62
SL2 = USD 0.45
SL3 = USD 0.35
SL4 = $0.25
The MACD indicator shows that despite the significant increase, there is room for the price to go up further.
#ftm almost finished retest, getting ready! Fantom cleared first resistance area and retested. Now based on ScorehoodAI scoring is gaining momentum for next resistance levels. Let's see if scorehood will be proven right again?
(Update) Price increase and prediction of the next target!!!As you can see, after breaking the head and shoulders pattern, the price has increased significantly. However, this is not the end of this growth. The price can reach the target shown in the chart after a slight correction. I believe that AB=CD.
Previous Analysis
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
FTM, Flight-to-Moon soon, bound for massive reversal this year!FTM has reached parabolic highs of 1.2 on the first quarter this year after that long hibernation from 2023. From that peak, as with any overheated coin - heavy correction ensues week after week following the market's big red move.
Now, a massive shift has been transpiring this past few days. A break in structure has been spotted. It has broken the ''maximum pessimism'' curve line indicating the first step towards price recovery. Significant price growth will be followed by this elusive break.
Net buying metrics / volume has been surging notably hinting of increased net positioning towards the multiple x growth scenario.
Expect a series of stair ups from this range going forward. Multiple x gain prospect targeting its recent peak at 1.2 zone.
The current price is a definite bargain, an ideal seeding opportunity.
Goodluck.
Spotted at 0.370
TAYOR.
Inverted Head & Shoulders Pattern in Fantom (FTMUSDT)BINANCE:FTMUSDT
As you can see in the chart, it looks like we are confirming an Inverse Head & Shoulders Pattern on the Fantom Token (FTMUSDT). To confirm it, we will need to break above $0.54 USDT, and if we do, it will give us a price target of $0.85 USDT. If you buy it from here, is more than a 100% return. Stop should be at the bottom of august 5,2024 at $0.2575 USDT.
Good luck to you.
Alikze »» DOT | Ascending channel - 8H🔍 Technical analysis: Ascending channel - 8H
- It is moving in an ascending channel in the 8H time frame.
- It has been in demand recently after hitting the bottom of the channel again.
- According to the current form and structure, this upward movement can touch the targets specified in the chart with the support of the green box range.
- In the first step, the first target will be the middle of the 4.68 channel, after which it can continue its growth up to the first supply area.
- In addition, in the case of breaking and stabilizing above the middle of the channel, it will have the ability to grow up to the ceiling of the channel and the range of the second supply.
🛑 The most important resistance: ~ 4.68
💎 Alternative scenario: If the green box and the bottom of the channel are broken, the bullish scenario will be invalidated and the correction can continue until the origin of the movement.
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
BINANCE:DOTUSDT
Short Trade on FTMthis is my first trade in 2024 , and i wanna short on FTM
the reason behind this trade:
weekly FVG
5 eliot waves
lets see what will happen.
this is not a financial advice .pls #DYOR
Alikze »» ALGO | Ascending corner pattern🔍 Technical analysis: Ascending corner pattern
- It is moving in a downward channel in the daily time frame.
- It was mentioned in the analysis presented in the previous post, after the failure of the supply zone, it will have the ability to continue the trend until the next supply zone. But it faced selling pressure in the first supply area, which led to a correction of 0.23 from the previous wave.
-Currently, it is in a corner pattern, which after the break of the channel, a pullback to the roof of the descending channel has been done.
- Also, with the support of dynamic trigger, it can lead to escape from density.
- Therefore, by leaving the density, it will have the ability to reach the specified goals and also the supply area.
💎 Alternative scenario: In addition, if it faces selling pressure in the area of the high dynamic trigger and does not have a correction in the form of a soft landing, it can continue to correct up to the range of 0.097 with the failure of the low dynamic trigger.
💎 Note: If Fibo 0.23 is not maintained and below the stabilization zone, the bullish scenario will be invalidated and should be reviewed and updated.
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
BINANCE:ALGOUSDT
FTM Long Spot Position (Retest of Key Level)Market Context: FTM is attempting to retest the critical $0.61 level, displaying strong relative strength in the market. This is an opportunity to bid on that strength.
Trade Setup:
Entry: Long spot position at $0.61.
Take Profit:
First target: $0.68
Second target: $0.75
Stop Loss: $0.57
📊 This setup focuses on capitalizing on FTM's strength with well-defined risk management. #FTM #Crypto #Altcoins
$FTM is about to do a massive breakoutFTM (Fantom) is one of the strongest altcoins and one of the best-looking charts from a multi-timeframe perspective.
Nice bounce from daily demand zone with a strongly rising volume supporting the pump.
4-hour timeframe:
Price is now approaching at the first level of resistance $0.70, expect a reaction at this level.
A clean market structure break of $.70 resistance would confirm the expansion toward $0.80 to $1
Any dip around $0.60 to $0.50 is a good opportunity for us to accumulate.
Ftm still going for 2 dollarFtm had a strong and kind of unexpected drop but by doing so creating more strength in the bottom pattern as seen on the chart, still looking for 2 dollar region!
9/16 S&P 500 on the Rise: Awaiting Wednesday's Rate DecisionOverview:
The VANTAGE:SP500 closed higher, challenging its all-time high for the third time this month. At least it's not declining like it typically does in other Septembers. However, the NASDAQ:QQQ is stalling, showing a lower high but also forming a higher low. Both the SP500 and QQQ have seen diminishing volume over the last three days as everyone awaits the Fed’s rate cut decision on Wednesday.
Meanwhile, BlackRock clients made a modest purchase of $15.8 million worth of BINANCE:BTCUSD , ending an 11-day stretch of no activity. Considering their average BTC purchase is $122 million, this can be rounded off to negligible. Total BTC flow across all ETFs was $12 million, far below the average of $101 million.
The Empire State Manufacturing Survey revealed a growing general business conditions index, which rose by sixteen points to 11.5, turning positive for the first time in 2024. This signals increasing new orders and shipments, while delivery times and supply availability remained steady, and inventories leveled off. This is not ideal for those hoping for a two-basis-point rate cut.
Technical Analysis:
W: Holding strong at the $58.4k weekly level, which is the point of control for July, August, and half of September. This is a very significant support level.
D: Holding the Bollinger Band moving average (BB MA), which, combined with the weekly point of control (POC), is crucial to maintain the short-term bullish trend.
4h & 1h: Both timeframes are holding the weekly level firmly.
Alts Relative to BTC:
No significant divergence was observed over the weekend or Monday. Previous divergence can be seen when BTC broke the $58.4k weekly level on September 13th. However, both BINANCE:ETHUSD and BINANCE:SOLUSD remain below levels they had broken on September 9th.
Bull Case:
If the weekly level holds, the price could bounce off support on Tuesday and rally higher in anticipation of lower interest rates.
Bear Case:
A continued lack of appetite for risky assets may lead to further sell-offs.
Fear and Greed Index:
Currently at 34.15. While BTC holds its critical weekly price level, the Fear and Greed Index continues to decline, creating a divergence.
Prediction:
Not enough clear signals for a definite prediction.
Opportunities:
Any technical analysis signals may be invalidated by Wednesday’s price action.
Mistakes:
BINANCE:FTMUSDT surged, breaking through its resistance and gaining 6.36%, while most other altcoins remained flat.
#FTM/USDT#FTM
The price is moving within a descending channel pattern on the 12-hour frame and is expected to break upwards
We have a downtrend on the RSI indicator that has been broken upwards and we have a tendency to stabilize above it
We have a major support level in green at a price of 0.300
We have a tendency to stabilize above the moving average 100 which supports the rise
Entry price 0.3300
First target 0.4648
Second target 0.4648
Third target 0.5448
FTM looks bullish (4H)From where we put the red arrow on the chart, it looks like the FTM correction has started.
This correction appears to be a double correction that is over.
We are looking for buy/long positions in the green range.
The targets are clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis.
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
FTMUSDT Bullish Head and Shoulders!FTMUSDT Technical analysis update.
FTM has formed an inverse head and shoulders pattern on the daily chart. The price is now moving towards the neckline for a potential breakout. Once the breakout is confirmed, we can expect a strong bullish move in FTM.
Buy level: After breakout confirmation on the daily chart.
Regards
Hexa
FTMUSDT.1DUpon reviewing the daily chart for FTM/USDT, I see a fascinating trend and pattern development that deserves attention. Currently, the price is around $0.4712, showing some signs of recovery after a prolonged downtrend.
Trend Analysis: The previous downtrend was marked by a series of lower highs and lower lows, as depicted by the descending trendline. Recently, the price has broken above this trendline, suggesting a potential reversal or at least a pause in the downtrend. This breakout could be an early signal of changing dynamics in the market.
Key Support and Resistance Levels:
Support 1 (S1): $0.2563 - This level, marked on the chart, has previously acted as strong support. It's critical because if the price were to decline, a hold above this level could reinforce bullish sentiments.
Resistance 1 (R1): $0.5715 - This level is the immediate hurdle for any upward movement. It coincides with past price reactions, making it a significant threshold for further gains.
Resistance 2 (R2): $0.7985 - Should the price move past R1, this next level would likely act as a substantial resistance, being a previous high area.
Technical Indicators:
MACD: The MACD line is above the signal line and both are above zero. This indicates increasing bullish momentum, which supports the potential for further price increases if the trend continues.
RSI: The Relative Strength Index is around 31.60, close to the oversold territory. This suggests that the market could be undervalued at this point, potentially leading to a buying opportunity.
Conclusion: The break above the descending trendline along with supportive indicators like MACD and RSI near oversold levels suggest an emerging bullish scenario. My strategy would be to watch for a sustained hold or consolidation above the trendline and possibly enter long positions near the support of $0.2563, targeting the next resistance levels. However, it's crucial to be vigilant and prepared to adjust strategy based on how the price reacts at these key resistance levels. Setting stop-losses below S1 would be prudent to manage potential downside risk. This approach offers a balanced view between optimistic recovery signals and the need for cautious risk management.
FTM Long Position (Support Test Opportunity)Market Context: FTM has retraced to test the upper range of support, providing an opportunity for a long spot trade.
Trade Setup:
Entry: Ladder into a long spot trade at around $0.45 on the retrace.
Take Profit:
First target: $0.54 - $0.63
Second target: $0.75 - $0.85
Stop Loss: Just below $0.38
📊 This setup leverages the support retest for potential gains with clear profit targets and risk management in place. #FTM #CryptoTrading #SupportTrade
FTM/USDT: BULL FLAG BREAK OUT! READY FOR 250% PUMP!!Hey everyone!
If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated!
FTM looks good here. Break out from the bull flag-like structure in the daily time frame and currently going for a retest. Accumulate it in the green zone.
Entry range:- $0.43-$0.48
Target:- 200-250%
SL:- $0.34
What are your thoughts on FTM's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
