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Ftmanalysis

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
Long
by Richtv_official
(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!!
Long
by CobraVanguard
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.
Long
by MarsSignals
1
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
Long
by Richtv_official
FTM Long Position (Oversold Conditions) Market Context: FTM is at a key support level and is oversold on medium timeframes, making it a favorable candidate for a long trade. Trade Setup: Entry: Long spot position at $0.43 support level. Take Profit: First target: $0.50 Second target: $0.60 Stop Loss: Just below $0.40 📊 This setup aims to capitalize on the oversold conditions and key support, with clear profit targets and a tight stop loss to manage risk effectively. #FTM #CryptoTrading #SupportLevel
Long
by Richtv_official
FTMUSDT.1DUpon analyzing the FTM/USDT chart, here's a detailed breakdown from a technical perspective: Support and Resistance Levels: Support Level (S1): The support level at $0.2958 is a crucial area where FTM found buying interest in recent months. This level must hold to prevent further declines and stabilize the price. Resistance Levels (R1, R2, R3): R1 is positioned at $0.6066, which FTM needs to break through for any bullish continuation. R2 at $0.9390 and R3 at $1.2289 represent historical peaks and are important targets for longer-term bullish scenarios. Technical Indicators: Relative Strength Index (RSI): The RSI at 36.05 indicates that FTM is approaching oversold conditions, suggesting potential buying opportunities unless the RSI dips further, indicating even stronger bearish momentum. Moving Average Convergence Divergence (MACD): The MACD shows a bearish crossover with the signal line above the MACD line, suggesting bearish momentum in the near term. Given the current technical setup, my approach would be cautiously optimistic with a keen eye on the $0.2958 support. If this level holds, it may present a good entry point for a potential upward move towards the first resistance at $0.6066. Breaking past R1 could ignite further buying interest, targeting R2 and R3 in the medium to long term. However, traders should be prepared for volatility and potential downside if the support level fails, as this could lead to a retest of lower price levels. Monitoring the MACD for changes in momentum and the RSI for signs of oversold conditions becoming extreme could provide additional clues on the strength of the market's movements. Overall, maintaining tight stop-losses and being ready to adjust positions based on price action near these key levels would be prudent.
by MarsSignals
1
FTM → Fantom Fall to $0.35!? Then to $1.00? Let's Answer.Since my April 11th update, FTM has fallen into a pullback, as expected. We found resistance at $1.25, created a micro double-top, and then pulled back in two strong legs—truly three in total. Should we be bearish or bullish on Fantom? How do we trade this?  🤔 FTM predictably printed a double-top after three strong pushes up into the immediate resistance zone of $0.97 to $1.25. That reversal pattern played out into a three-legged pullback, leaving us near Push #1 support at around $0.40. I think we can expect to continue testing this support area for a while. However, I do not believe we will break and hold below $0.40. I would not enter a long position just yet unless you're fading. What we need now is two or three tests of the Push #1 support area between $0.35 and $0.40, forming a double-bottom or reverse head and shoulders pattern. A good strong bull signal candle followed by a confirmation candle is the signal we need to enter a long position, taking half profits at 1:1 Risk/Reward, moving the stop loss up to the entry price, then swinging the latter half of the position to 1:2 Risk/Reward. We also need to watch Bitcoin's sentiment as the price action plays out. I expect Bitcoin will fall into a two-legged pullback to around $40,000-$45,000, which should take the alt market down with it, either keeping it in a trading range or bringing it to lower lows. Until Bitcoin's sentiment shows a clear bull signal after a likely pullback, it's one more indicator we should allow to play out before getting long in FTM. A final point of data is the RSI low and below the moving average of around 39.00, which could remain in this area for some time. This indicates we should be looking for long entries, but should wait for the price action to guide us. 💡  Trade Idea  💡 Long Entry: $0.45 🟥 Stop Loss: $0.285 ✅ Take Profit #1: $0.64 ✅ Take Profit #2: $0.82 ⚖️ Risk/Reward Ratio: 1:2 🔑  Key Takeaways  🔑 1. Three legs up into a resistance zone after a breakout 2. Micro Double-top reversal pattern 3. Three-legged pullback to Push #1 Support 4. Wait for a double-bottom followed by a strong signal and confirmation candles 5. RSI at 39.00 and below the moving average. Supports waiting for a long entry. 💰  Trading Tip  💰 It's reasonable to take half profits at the first resistance target in a long trade or the first support target in a short trade. Using a 1:1 Risk/Reward Ratio for your first target, you can move your stop loss up to your entry price, locking in profits. This allows you to watch the rest of the trade execute without worrying about losing money, which helps improve trading psychology and the equity in your account. ⚠️  Risk Warning!  ⚠️ Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk! Like 👍 and Follow to learn more about: 1. Reading Price Action 2. Chart Analysis 3. Trade Management 4. Trading Psychology
Long
by TraderEngineering
1
FTMUSDT long Spot TradeFTMUSDT Elliott Wave Technical Analysis Mode: impulse Position: Wave (4) Direction: Wave (4) is still in play Details: Wave (4) is still in play which I expected to be end around 0.81-0.74 which will be my entry point. Next Direction: Wave (5) Target : the area between 1.41-1.48 with 80% profit Wave Cancel invalid level: Daily closing below 5.6 with 30% loss, it is a little big stop loss, but FTM proved that it was not greatly affected by the declines of Bitcoin in the past months, which gives it high reliability, in my opinion Disclaimer: This analysis is intended for educational and informational purposes only and should not be construed as financial advice. Always conduct your own due diligence and consult with a professional financial advisor before making investment decisions.
Long
by ahmadsaad83
FTMUSDT.1DUpon analyzing the daily chart for FTM/USDT, several key technical elements provide a detailed view of the current market dynamics and potential future movements. Technical Analysis Observations: Support and Resistance Levels (S1, R1, R2): Support Level 1 (S1): At approximately $0.2958, this level has been significant in providing a floor for the price action. Its strength as a support level will be tested if the price continues to decline. Resistance Level 1 (R1): Positioned at $0.4435, this level represents the immediate resistance. Overcoming this level could indicate the beginning of a bullish correction. Resistance Level 2 (R2): Located at $0.6066, this higher resistance level would be the next target in a sustained bullish movement. Trend Indicators: The downward trend indicated by the red trendline shows a bearish dominance in recent price action. The green arrow suggests a possible reversal if the price can break above this trendline. The overall trend has been bearish, with consistent lower highs and lower lows. RSI (Relative Strength Index): The RSI is at 37.79, which is close to the oversold territory. This indicates that the selling pressure might be overextended, and a reversal or consolidation phase could be imminent. MACD (Moving Average Convergence Divergence): The MACD lines are below the signal line, and the histogram is negative, indicating continued bearish momentum. However, the flattening of the MACD lines suggests a potential slowdown in bearish momentum. Conclusion: The FTM/USDT pair is currently navigating near a critical support level at $0.2958. The proximity of the RSI to oversold levels indicates that a potential rebound could be on the horizon. However, the bearish sentiment confirmed by the MACD suggests caution. Potential trading strategies could include waiting for a clear breakout above the downward trendline (R1) with confirmation from volume and other indicators like a bullish MACD crossover. A successful breakout above $0.4435 could target the next resistance at $0.6066. On the downside, a break below $0.2958 would suggest further declines, and traders should monitor for new support levels. As always, implementing risk management strategies such as setting stop-loss orders just below support levels and taking profit near resistance levels can help mitigate potential risks and optimize gains. Monitoring market conditions and external factors that could influence price movements is also essential.
by MarsSignals
FTMUSDT.1DAnalyzing the daily chart for FTM/USDT provides insights into the current market conditions and potential future movements based on technical indicators and chart patterns. Key Resistance and Support Levels: Resistance 1 (R1): $0.5275 - This price level has been tested recently, and it may continue to offer resistance to upward movements. Resistance 2 (R2): $0.8230 - A more robust level that was previously a high point before the recent decline. Resistance 3 (R3): $1.0763 - Represents a significant high and a strong psychological barrier. Support 1 (S1): The chart does not specify the exact value of S1, but it's indicated below the current price level, providing a potential target if the price continues to fall. Technical Indicators: Relative Strength Index (RSI): The RSI is at 42.48, which suggests that the asset is neither in the oversold nor overbought territory, but it is leaning towards bearish sentiment as it is below the neutral 50 mark. Moving Average Convergence Divergence (MACD): The MACD line is very close to the signal line, indicating a lack of strong momentum in either direction. This setup typically suggests a market in consolidation or lacking strong buyer or seller engagement. Trend Analysis: The descending trend line from the recent highs indicates a bearish trend. The price has been making lower highs, which typically suggests continuation of a downward trend until a clear breakout above this trend line occurs. Conclusion: The FTM/USDT market is currently showing signs of bearish pressure as indicated by the descending trend line and the positioning of the RSI below 50. For traders, the approach towards the resistance level at $0.5275 will be critical. A failure to break this level could see the price retest the lower support levels, where buyers might see opportunities for entry. A successful break above R1, however, could signal a reversal or weakening of the current bearish trend, potentially aiming for R2 at $0.8230. Given the current MACD readings and the proximity of R1, traders should remain cautious, watching for either a bullish breakout accompanied by increased volume or a continuation of the bearish trend with potential entries near lower support levels. Setting stop losses just below the recent lows can help manage risk in case of further downward movement.
by MarsSignals
📈 Trade Alert: FTM Long Position Setup! 🚀📊📊 Asset: FTM/USD 📉 Current Price: $0.73 - $0.80 (Support Area) 🎯 Entry Strategy: Initial Entry: Allocate 50% of capital at the current support level. Additional Entry: Add remaining capital upon price breaking through $0.80. 🎯 Take Profit Targets: $0.99 - $1.05 $1.14 - $1.23 🛑 Stop Loss: Just below $0.70 📈 Analysis: FTM is trading within a supportive range, indicating potential for an upward move. The trade plan involves scaling in gradually to manage risk and capture potential upside momentum. Take profit targets are set at key resistance levels, with a tight stop loss to mitigate downside risk. 📊 Risk Management: Monitor price action closely and adjust stop loss levels if needed. Remain attentive to market developments and adjust strategy accordingly. 🚀 Trade with Confidence! 🌟 #FTM #LongPosition #TradingStrategy 📈🔥
Long
by Richtv_official
FTMUSDT.1DThis daily chart for Fantom (FTM/USDT) presents a price that is attempting to recover from a previous downtrend. The price action has broken above a descending trendline, which could be an early indication of a change in trend. The Relative Strength Index (RSI) is near the midpoint at 45.08, suggesting that there is neither overbought nor oversold pressure at the moment. The current price is $0.7455, and it's facing immediate resistance at the $1.0646 level (R2). If the price can sustain above the trendline and push past R2, it might confirm a trend reversal towards the bullish side. There's a notable support at $0.5275 (S2), and maintaining above this level is key for the bulls to hold control. Traders might look for long positions with a break above R2, setting stop losses just below S2 to manage risk. Should the price fail to hold above the trendline or break below S2, it would signal caution and possibly a resumption of the bearish trend. Watching for increased volume on upward moves would further confirm the bullish momentum.
by MarsSignals
FTM → Fantom Drop to $0.50!? Or Rush to $3.50? Let's Answer.FTM has shown immense strength during the crypto markets' bullish sentiment over the last 14 months. With a 611% increase from Fantoms' bear market low of $0.15 to the recent high of $1.21, does FTM have any more upside for us? How do we trade this? 🤔 We're at a crucial point for the FTM price near a major resistance area peaking at $1.25. Two strong legs up from the support zone in a rough Measured Move with an RSI of 80.00 and above the Moving Average. The crypto market has given us more than the price action called for with Bitcoin hitting new all-time highs without touching lifetime support and before the halving. A long at this stage is not reasonable, at least not on the Daily or Weekly timeframes. It's reasonable to wait for the price to fall toward the Weekly 30EMA and 200EMA between the $0.42 and $0.52 price range, this range will increase slightly as the pullback happens toward the $0.46 and $0.56 area. Therefore, it's ideal to target the $0.527 area for optimal Risk/Reward, setting a stop loss below the EMA ribbons at $0.285, the first take profit at 1:1 Risk/Reward ($0.77) selling half of the position and moving the stop loss up to the entry price, before the $0.97 resistance area. The second take profit should be set anywhere above the $1.25 resistance until a sell signal and confirmation are witnessed, but ideally, before the $2.00 psychological and minor resistance before the peak of the 2021 high. 💡 Trade Idea 💡 Long Entry: $0.527 🟥 Stop Loss: $0.285 ✅ Take Profit #1: $0.77 ✅ Take Profit #2: $1.98 ⚖️ Risk/Reward Ratio: 1:6 🔑 Key Takeaways 🔑 1. Two legs up in a strong 611% bull run finding resistance at $1.21 2. Measured move played out 3. Bitcoin at all-time high resistance areas could impact crypto market sentiment 4. Gap between the current price and EMA ribbons 5. RSI at 80.00 and above the moving average. Supports a pullback. 💰 Trading Tip 💰 It's reasonable to take half profits at the first resistance target in a long trade or the first support target in a short trade. Using a 1:1 Risk/Reward Ratio for your first target, you can move your stop loss up to your entry price, locking in profits. This allows you to watch the rest of the trade execute without worrying about losing money, which helps improve trading psychology and the equity in your account. ⚠️ Risk Warning! ⚠️ Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk! Like 👍 and Follow to learn more about: 1. Reading Price Action 2. Chart Analysis 3. Trade Management 4. Trading Psychology
Long
by TraderEngineering
5
FTM's attractive roadmapFirst of all, pay attention to the time frame, the time frame is big and time consuming. A large and time-consuming diamond diametric has started from where we entered "Start" on the chart. It seems that we are now in the indiametric "G" wave, which is the last wave. A supportive "flip" area has formed on the chart, which is very strong. According to the order flow, now the buy orders that can start the rising wave towards the target of "$1.9" are within the "damnad" range. The targets are listed on the chart. Closing a candlestick 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
Long
by behdark
2
FTM after the pullback will continue the uptrend FTM after rejection from the key resistance zone and the pullback will continue the uptrend 🔵Entry Zone 0.4876 - 0.5084 🔴SL 0.4571 🟢TP1 0.5488 🟢TP2 0.6384 🟢TP3 0.7554 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your likes 👍 and comments.
Long
by JosephMcKenzie
1
FTM → Fantom Aims for Resistance Zone! Should We Short Here?FTM came into contact with the Daily 200EMA support after three pushes down, a pullback from the $0.57 high. The price bounced off of the 200EMA and is in now what appears to be a second leg up toward the high. Should we prepare to enter a short? How do we trade this? 🤔 We need this bull pattern to play out and give us a reversal signal before we entertain a short. I believe Bitcoin has some more time in the coming days and even weeks to potentially top out and reverse hard to the downside. That gives the altcoin market some time to either go sideways or find some momentum toward the upside. ETH is showing us that momentum now. Wait for another push or two toward the $0.57 high, wait for a double top reversal signal, then enter a short position with a stop loss placed above the Resistance Zone. An entry around $0.51 gives us enough room for a 1:2 Risk/Reward trade since the second take profit will be in the Daily 200EMA support area at $0.35. Close out the first half of your position at 1:1 Risk/Reward and move the stop loss up to the entry price, this locks in profits and allows the second half of the trade to be executed without the fear of loss. This, being a counter-trend trade in a bull market, comes with a lower probability of profit, which is why half of our position ought to be a scalp. The conditions listed must be met for this trade to work. I will also add that longing here is not recommended with the crypto market burning as hot as it is for as long as it has been. We're due for a hard pullback of at least 30-50% before we see new all-time highs for Bitcoin. I stand firm on that warning, given the distance we've traveled since the $15,000 low; the probability falls the longer we march upward. 💡 Trade Idea 💡 Short Entry: $0.51 🟥 Stop Loss: $0.59 ✅ Take Profit #1: $0.43 ✅ Take Profit #2: $0.35 ⚖️ Risk/Reward Ratio: 1:2 🔑 Key Takeaways 🔑 1. Found Support at the Daily 200EMA after a three-legged pullback from the $0.57 high 2. Two legs up in a new bull pattern 3. Looking for a third leg up followed by a double-top reversal signal 4. RSI at 57.00 and at the moving average. Room to move up before a fall. 5. Wait for these conditions to be met then aim for a 1:2 Risk/Reward short. 💰 Trading Tip 💰 It's reasonable to take half profits at the first resistance target in a long trade, or the first support target in a short trade. Using a 1:1 Risk/Reward Ratio for your first target, you can move your stop loss up to your entry price, locking in profits. This allows you to watch the rest of the trade execute without worry of losing money. This helps improve trading psychology and the equity in your account. ⚠️ Risk Warning! ⚠️ Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk! Like 👍 and Follow to learn more about: 1. Reading Price Action 2. Chart Analysis 3. Trade Management 4. Trading Psychology
Short
by TraderEngineering
FTM → Fantom Falls to 200EMA! Long back to $0.53? Let's Answer!FTM marched to the upside with three pushes up in a bull channel touching $0.565, followed by a pullback with three pushes down and strong bull support. Is it time to long? How do we trade this? 🤔 A long entry is nearly justified. Here's what we have in favor of the long bias; Three pushes up in a bull channel ending at $0.565, followed by three pushes down in a micro-bear channel with strong bull signal bars, and we have a good follow-through bars leading up to the price action being just above the Daily 30EMA. The Daily 200EMA is showing some strong support as well. What we need is a break of the Daily 30EMA to justify to our long. You could argue a long is justified here simply by the data we already have, and I wouldn't argue against you; I would just say that Daily 30EMA is in the way, so this is a lower probability trade, but also less initial risk because your stop loss is closer. I believe we need to be conservative longing at this stage in the crypto market, which is why I only advocate for a 1:1 scalp at a lower-than-maximum position size allowed for your trading strategy. I think Bitcoin and Ethereum have a larger pullback on the horizon, but do believe the market will come up a bit before it goes down. 💡 Trade Idea 💡 Long Entry: $0.403 🟥 Stop Loss: $0.323 ✅ Take Profit: $0.483 ⚖️ Risk/Reward Ratio: 1:1 🔑 Key Takeaways 🔑 1. Three pushes up in a bull channel 2. Micro Bear Channel forms with three pushes down. 3. Strong bull signal bars at Daily 200EMA 4. Suggested to wait for break of Daily 30EMA 5. RSI at 48.00 and above the Moving Average, supports long bias. 💰 Trading Tip 💰 The longer a trend continues after 3 legs, the probability of that trend continuing lessens. Because of this decreased probability, we ought to reduce our risk when entering trades. ⚠️ Risk Warning! ⚠️ Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk! Like 👍 and Follow to learn more about: 1. Reading Price Action 2. Chart Analysis 3. Trade Management 4. Trading Psychology
Long
by TraderEngineering
33
FTMUSDT.1DBased on the provided data, FTM (Fantom) is currently trading at $0.36 against USDT. Looking at the 4-hour timeframe, the RSI (Relative Strength Index) is at 54.49, suggesting that the market is relatively neutral, not in overbought or oversold conditions. The MACD (Moving Average Convergence Divergence) is at -0.10, indicating a bearish signal. The Bollinger Bands indicator is at 0.3954, and the price is below the upper band, suggesting a potential downward movement. The first, second, and third support levels are at $0.3480, $0.3440, and $0.3223 respectively, while the resistance levels are at $0.395, $0.4177, and $0.4468. On the 1-day timeframe, the RSI is at 44.71, which also suggests a neutral market. The MACD is at -0.0122, which is a bearish signal. The Bollinger Bands indicator is at 0.4170, with the price below the upper band, indicating potential downward movement. The support levels are at $0.3475, $0.3036, and $0.2780, while the resistance levels are at $0.4151, $0.4500, and $0.4660. On the 7-day timeframe, the RSI is slightly higher at 53.86, still suggesting a neutral market. The MACD is at 0.029, indicating a bullish signal. The Bollinger Bands indicator is at 0.5144, with the price below the upper band, indicating potential downward movement. The support levels are at $0.3110, $0.16, and $0.075, while the resistance levels are at $0.55, $0.66, and $0.96. Based on this analysis, FTM seems to be in a neutral to slightly bearish trend. Short-term traders should be cautious and watch for any breakouts above the resistance levels or break downs below the support levels. Long-term investors may want to watch the 7-day MACD for a sustained bullish signal. However, this analysis is solely based on the provided data. It's crucial to consider other market factors and conduct further research before making any investment decisions.
by MarsSignals