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Ftmanalysis

FTM → Is Fantom Gearing Up For a Short Scalp Opportunity? Yes.FTM broke out of its bull trend, failed to break above the Daily 30EMA and fell back down to $0.375. With Bitcoin and the rest of the crypto market following suit, are we ready to short? How do we trade this? 🤔 Since my last FTM analysis, I provided this updated chart depicting what I believed was a likely outcome of the price action. A pullback from the downward momentum to the Daily 30EMA followed by a failure to break it: FTM has begun to test the 30EMA and we have several data points that suggest a counter-trend trade is reasonable (probable); FTM has given us two legs down since breaking the bull trend, failed to break above the Daily 30EMA, RSI at 44.00 and below the moving average which gives FTM some room to fall. If you're not already in a short, then we need to wait for another confirmation before a trade is justified. What we need is a final test and failure to break the Daily 30EMA around the price area of $0.40. From there, we can short half of our position to the low of the current candle ($0.375), take profits, move our stop loss up to our entry price, and then swing the rest of the position down to the Daily 200EMA support at $0.325. Taking profits at the 200EMA is about a 1:1 Risk/Reward if our stop is placed just above the previous leg high at $0.445. That is a reasonable scalp, and the rest, being a bit lower probability of success, allows us to swing the second half of our position without the worry of losing money. We have to keep in mind that we're two legs into a micro bear trend after a three-legged bull run, this could be a two-leg trap. That's why we need confirmation below the Daily 30EMA to justify a short. 💡 Trade Idea 💡 Short Entry: $0.4175 🟥 Stop Loss: $0.4600 ✅ Take Profit #1: $0.3750 ✅ Take Profit #2: $0.3325 ⚖️ Risk/Reward Ratio: 1:2 🔑 Key Takeaways 🔑 1. Two legs down since breaking the bull trend 2. Failed to break above the Daily 30EMA 3. 9th Daily Candle Just Closed Below 30EMA 4. RSI at 44.00 and below the moving average which gives FTM some room to fall. 5. Bitcoin Showing Strong Reversal Signals, Impacts Market Sentiment. 💰 Trading Tip 💰 It's reasonable to take half profits at the first support target in a short trade, or the first resistance target in a long trade. You can then move your stop loss up to your entry price and 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
3
📉📈 FTM Price Analysis 📊💹📆 Recent Retracement: FTM, like many altcoins, has retraced in the last two weeks, falling from $0.55 to $0.380. 🔍 Robust Support Zone: A robust support area is identified between $0.35 - $0.40. 📉 Oversold Conditions: The price is currently oversold, indicating a potential reversal. 🔄 Potential Scenario: If FTM consolidates in the support zone and the overall market remains bullish, there's an expectation to test $0.45 - $0.480. 📣 Conclusion: FTM's potential scenario involves consolidation in the $0.35 - $0.40 support area. A bullish market could lead to a test of $0.45 - $0.480. #FTMAnalysis #CryptoTrading #MarketWatch
Long
by Richtv_official
FTM → Fantom Above to Rush Downward Toward $0.29!? Let's Answer.Fantom has pulled back from its $0.46 high and closing the gap to the 30EMA. Are we about to fall through the EMA ribbons back down in the $0.20-$0.30 range? How do we trade this? 🤔 Fantom is still in the bull channel, but has a few datapoints working against it. First, there have been three pushes up in the bull channel, a typical number of legs in a trend before the risk of trend change can become greater than the continuation. We also have an RSI at 57.00 and below the Moving Average, a weak indicator on its own, but supports the idea of a pullback or trend change. The final piece to the puzzle is a retest of the $0.40 area after a fall to the Daily 30EMA. A strong bear candle closing on or near its low should give us enough probability to take a 1:1.5 short playing the reversal. Until then, we should wait on the sidelines for more price action to confirm! 💡 Trade Ideas 💡 Short Entry: $0.400 🟥 Stop Loss: $0.470 ✅ Take Profit: $0.295 ⚖️ Risk/Reward Ratio: 1:1.5 🔑 Key Takeaways 🔑 1. Bull Channel, Bias to Long. 2. Three Pushes Up, Potential to Change Trend. 3. Gap from 30EMA and 200EMA Support. 4. RSI at 57.00 and below Moving Average, Bias to Short. 5. Watch for Bitcoin Trend Change at $46,000. 💰 Trading Tip 💰 The RSI is a weak indicator on its own. Coupled with price action analysis, it often complete the picture necessary to make a trade decision. ⚠️ 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 comment if you found this analysis useful!
Short
by TraderEngineering
15
FTM BUY SETUPFTM has an ascending structure. If it reaches the green range, we will enter the buy/long position. Pay attention, we are only looking for buy/long positions on the green range and we will not enter positions in higher areas Closing 1 daily candle below the green range will violate the analysis The targets are clear on the chart. 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
#FTMIn the lower times of H1 to H4, it is moving in a short-term ascending channel, and around the bottom of the channel, a divergence has occurred in MACD, which has also formed a corner pattern, which can have a short correction for the top of the channel until around the bottom of the channel. OK. In addition, the most important resistance to continue the upward path is the range of 48 cents, which with the break of the range of 48 cents will have the ability to continue the rise of the red box.
Long
by alikze
FTM → Fantom Closing in on Major Resistance. What's Next!?Fantom has been marching toward the next key resistance zones ($0.53 and $0.65) as Bitcoin inches toward it's major resistance area of $46,000. The crypto market is burning hot, most tokens are multiple legs into this bull run, what should we expect next? How do we trade this? 🤔 FTM is clearly aiming to touch $0.53, that almost seems inevitable. What we need to watch out for in these areas is a strong sell response to the resistance zones. If we're going to look for the reversal trade, it is a *must* that we see a strong sell off followed by a re-test of resistance, then a strong bear candle confirmation on a new low. The goal is to get into the trend as early as possible (thus, reversal trading), but you can't short bull candles closing on their highs. It's reasonable to continue long scalping on smaller timeframes like the 15m and 1hr charts. Our bias ought to remain long until that reversal opportunity shows up. My recent Lifetime Bitcoin analysis covers my rationale in looking for a strong reversal to the $20,000-$25,000 area before the next all-time highs are achieved: 💡 Trade Ideas 💡 Long Entry: $0.48 🟥 Stop Loss: $0.41 ✅ Take Profit: $0.55 ⚖️ Risk/Reward Ratio: 1:1 🔑 Key Takeaways 🔑 1. Bull Channel, Bias to Long. 2. Three Pushes Up, Looking for A 4th, Watch for Trend Change. 3. Ascending Wedge Breakout to the Upside, Target $0.53. 4. Look for Resistance at $0.53, Support, Potential toward $0.655. 5. RSI over 70.00, Watch for Pullback. 💰 Trading Tip 💰 It's reasonable to take half profits at 1:1 Risk/Reward on a swing trade and move the stop loss up to entry. This secures profits, and allows the latter half of your position to be executed without the worry of loss, improving trading psychology. ⚠️ 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 comment if you found this analysis useful!
Long
by TraderEngineering
FTMUSDT.1DBased on the provided market data, FTM (Fantom) is currently trading at a price of 0.4911 USDT. The Relative Strength Index (RSI) values for the 4-hour, 1-day and 7-day timeframes are 74.48, 78.01, and 73.34 respectively. These RSI values indicate that FTM is currently in an overbought condition in all three timeframes. This could suggest a potential price correction in the near future. The Moving Average Convergence Divergence (MACD) values for the 4-hour, 1-day, and 7-day timeframes are 0.0233, 0.0390, and 0.0253 respectively. The positive MACD indicates that the short-term momentum is greater than the long-term momentum, suggesting a bullish trend. The Bollinger Bands (BB) for the 4-hour, 1-day, and 7-day timeframes are 0.5290, 0.4912, and 0.4640 respectively. The current price is close to the upper Bollinger Band in all three timeframes, indicating that the market is overextended and a price pullback might occur. The support levels are at 0.3724, 0.2830, and 0.2357 for the 4-hour timeframe; 0.3940, 0.2798, and 0.2485 for the 1-day timeframe; and 0.2798, 0.1945, and 0.1740 for the 7-day timeframe. The resistance levels are at 0.5659, 0.6232, and 0.6510 for the 4-hour timeframe; 0.6512, 1.0310, and 1.4260 for the 1-day timeframe; and 0.6545, 1.091, and 1.4820 for the 7-day timeframe. In conclusion, although FTM is currently in a bullish trend, the overbought condition suggests a possible price correction in the near future. Therefore, it might be wise to monitor the market closely and consider taking profits or setting stop-loss orders to protect your investment. As always, it's important to do your own research and consider your financial situation and risk tolerance before making investment decisions. Please note, this analysis is based on the technical indicators and does not consider any fundamental factors like news or events related to FTM.
by MarsSignals
FTM → Fantom One More Leg Up to $0.53!? Lets Setup The Trade.Fantom has had 2 clear legs up in this Daily chart bull run. You could argue three if this current high *is* in fact the high, making it the third leg. My last analysis did not play out with the reversal at $0.38! Does that mean we should we be long here? How do we trade this? 🤔 The answer is yes, but only in the near-term! If we are 2 or even 3 legs into the trend, that means our probability of profit longing is getting weaker to the point of where we need to consider shorts or at the very least, that a trading range is coming. Right now we have a gap down to the 30EMA, we should wait until the price reaches at least that area with some bull signals and confirmation before entering any longs. This late in the game, consider scalping with 1:1 Risk/Reward and a relatively small position size since our probability in this direction is weakening. Set the protective stop below the 30EMA and grab at least 1:1 Risk/Reward and get out. We also need to keep a close eye on Bitcoin completing its measured move to $46,000, a key level that could spell the end of the bull trend! 💡 Trade Idea 💡 Long Entry: $0.415 🟥 Stop Loss: $0.335 ✅ Take Profit: $0.475 ⚖️ Risk/Reward Ratio: 1:2 🔑 Key Takeaways 🔑 1. Bull Channel, Bias to Long. 2. Two Clear Pushes Up, Third to Major Resistance? 3. Gap from 30EMA Support, Wait to Long. 4. RSI at 70.00 and above Moving Average, Short-Term long, Long-Term Short. 5. Watch Bitcoin to complete Measured Move to $46,000. ⚠️ 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 comment if you found this analysis useful!
Long
by TraderEngineering
FTM → Fantom at Risk of Falling to $0.28! Should We Short?FTM is holding steady in the bull channel going sideways at $0.38! This pattern indicates a continuation pattern to the upside for FTM, so why am I bearish? How do we trade this? 🤔 FTM has had three pushes to the upside in this bull channel $0.24, $0.38, and $0.43, which is a typical leg count in a bull run before converting to a trading range or reversal. Bitcoin and the crypto market just had a monster sell-off at a key resistance level, and FTM's RSI is below the Moving Average at 59.00 which gives plenty of room to fall. Do I think FTM is going back down to $0.20? We don't have evidence for that case yet. What we do have evidence for is a market-wide pullback from a burning hot bull run. I think it's reasonable to expect FTM to fall back to the previous support area of $0.28, an area we should look for a buy signal! Look for a strong bull signal and confirmation bar to enter the market for a 1:2 Risk/Reward Ratio. We have a ways to go before hitting this mark, we need to see the market status at the time to determine if 1:2 is a conservative ratio. You could also short scalp this analysis, but I believe it's a bit too risky at the moment given FTM's bullish sentiment. Wait for more price action to determine if a short is reasonable. Until then, I would wait on the sidelines for the next moves! 💡 Trade Idea 💡 Long Entry: 0.295 🟥 Stop Loss: $0.260 ✅ Take Profit: $0.365 ⚖️ Risk/Reward Ratio: 1:2 🔑 Key Takeaways 🔑 1. Bull Channel, Bias to Long. 2. Currently in 5-Day Trading Range. 3. Watch for a Right Shoulder Rejection to Form Head and Shoulders. 4. RSI at 58.00 and below Moving Average, Bias to Short. 5. Short Scalp Opportunity, But Would Wait to Long at Support. ⚠️ 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 comment if you found this analysis useful!
Long
by TraderEngineering
2
FTM → Fantom Blasts to $0.43 Weekly 200EMA! Will We Reverse!?Fantom had an excellent breakout of the previous resistance zones at $0.34 and $0.37 per my previous analysis. If you longed the suggested trade, you achieved a 1:3 Risk/Reward Ratio! What are the next moves now that we've hit the Weekly 200EMA? How do we trade this? 🤔 Fantom is red hot to the upside making contact with the Weekly 200EMA, an expected resistance area. The Weekly candle closes in 1 day and 1 Hour, we need to see where the candle closes and what the next Daily candles show us. The RSI is at 70.00, most Crypto tokens are running hot and have hit some major resistance levels with their RSIs high as well. That includes Bitcoin, Ethereum, Cardano, the list goes on. I think we're in for a decent retrace to let the market cool off. This could be the first bull leg up in the next bull run, signaling that the macro trend on the market is committing to the upside. However, I believe Bitcoin needs to take one more dip to $25,000 before new all-time highs, and the rest of the Crypto market will likely be dragged down with it. Look for a pull back to the Weekly 30EMA and a strong bull signal and confirmation of Support. If we see a good Weekly candle closing on or near its high after a signal, a long position is reasonable. Now this long could be played many ways between the Daily and Weekly timeframe, I'm suggesting the following as a conservative measure and assuming the Alt market doesn't see previous all-time highs. Long the $0.325 area, set a stop loss below the (so far) reliable $0.165 Weekly Support, and a few Take Profit areas. Take 1:1 Risk/Reward with half of your position at $0.50 and move your stop up to the entry price, then 1:3 R/R at $0.85 with half of your remaining position, then swing the remainder to 1:7 R/R. A reasonable area at $1.55 (2021 Left and Right Shoulders), but I wouldn't argue against letting it ride longer if the conditions are correct. It's too far out to speculate on the price action. This is a multi-month trade that could go into 2025. More analysis will be coming for the lower timeframes! 💡 Trade Idea 💡 Long Entry: $0.325 🟥 Stop Loss: $0.150 ✅ Take Profit #1: $0.500 ✅ Take Profit #2: $0.850 ✅ Take Profit #3: $1.55 ⚖️ Risk/Reward Ratio: 1:7 🔑 Key Takeaways 🔑 1. Bullish Since Weekly Support - October 2023, Bias to Long. 2. Currently Touching Weekly 200EMA Resistance. Wait for Candle Close. 3. Wait for Weekly Candle to Close. If below 200EMA, expect Pullback. 4. RSI around 70.00, far above Moving Average. Supports Pullback. 5. Look for 1:3 Risk/Reward Opportunity. Swing Partial Position. ⚠️ 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 comment if you found this analysis useful!
Long
by TraderEngineering
FTM → Blast Off to $0.40!? Or Rejected to $0.20? Let's Answer.Fantom continues its bullish blast bouncing hard off of the 4HR 200EMA ribbon and then the 30EMA. We're now closing in on Resistance Zone #1 and need to know what the next trade move will be. How do we trade this? 🤔 We're too close to the resistance zone to long and we don't yet have any indication that the price will reverse. Best to wait on the sidelines until 1 of 2 outcomes unfold: 1. Rejection at Resistance #1: Strong bear signal and confirmation bars closing on or near their lows. Short scalp a 1:1 with half of your position then swing the to 1:2. You could also swing until you see a reversal bar to the upside. 2. Breakout of Resistance #1: Wait for Resistance #1 to be broken and tested as support. Long that support and sell half your position at a 1:1 Risk/Reward Ratio then the rest at 1:3 or if the price fails at Resistance #2. 💡 Trade Ideas 💡 Long Entry: $0.355 🟥 Stop Loss: $0.345 ✅ Take Profit #1: $0.365 ✅ Take Profit #2: $0.385 ⚖️ Risk/Reward Ratio: 1:3 Short Entry: $0.335 🟥 Stop Loss: $0.344 ✅ Take Profit #1: $0.326 ✅ Take Profit #2: $0.317 ⚖️ Risk/Reward Ratio: 1:2 🔑 Key Takeaways 🔑 1. Bullish Macro Trend, Bias to Long! 2. Strong Support at 200EMA, Bias to Long. 3. Coming up on Resistance Zone #1, Wait to Enter. 4. If Rejected at Resistance #1, Short Scalp. 5. If Break Resistance #1, Long Support. 6. RSI at 63.00 and above Moving Average, Bias to Long. ⚠️ 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 comment if you found this analysis useful!
Long
by TraderEngineering
2
FTM → Going to $0.42!? Maximize Profits With This Simple Chart.FTM has shown strong support on the 200EMA and is currently bouncing for the second time since falling out of the bull channel. It appears we have a clear runway to the Weekly Resistance at $0.42. How do we trade this? All of the data points indicate that we should long with the exception of the RSI which shows the price as fairly overbought. However, Price Action is King and I do not prioritize indicators over what the price action is telling me. We shouldn't ignore the RSI completely, but I do not believe that means the price is going to reverse. It likely means we'll have a minor pullback or the RSI will simply keep going up as the price action goes up. At worst, be ready for a minor pullback. If we see a strong bear candle closing on or near its low, that's when we change our perception of the market conditions. We've fallen out of the bull channel, but we're still above the 200EMA and showing strong support. We should remain bullish until we start to get lower lows and strong bear bars closing on or near their lows below the 200EMA. Trade Idea Long Entry: $0.31 Stop Loss: $0.275 Take Profit: $0.38 Risk/Reward Ratio: 1:2 Key Takeaways 1. Fell out of the Bull Channel. 2. Price Bounced on 200EMA twice since bear breakout. 3. Strong Bull Bounce to $0.32. 4. RSI around 60.00, May be a pullback to 30EMA. 5. Look for bounce at 30EMA. Close Gap to Weekly 200EMA. You are solely responsible for your trades, trade at your own risk! If you found this analysis helpful, click the Boost button and let us know what you think in the comment section below!
Long
by TraderEngineering
FTM to $0.40? This Trade Separates the Novice From The Pro!FTM has fallen out of the bull channel and is pushing aggressively toward the downside. One might think, "We're going back to $0.20!". Not so fast! The 200EMA acted as strong support on November 9th and it has a good possibility of repeating history. How do we trade this? We may have fallen out of the bull channel but we're still seeing higher highs and higher lows, so we should remain bullish. Before entering into long, wait for a bull signal and confirmation bar as evidence that we're still going up. A bull signal bar will have a long tail and close near its high, a confirmation bar will follow the signal bar, be of a size similar to the signal bar, and close on or near its high. The RSI is also below 30, which is a weak indicator on its own, but supports the other data points in this analysis. Bitcoin also acts as a leading indicator and as shown in my BTC 4HTR analysis, may fall to its 200EMA at $35,000 and hold FTMs price down. This is why we need to wait for confirmation before entering the long. Key Points 1. Fell out of the Bull Channel. 2. Current Price at 200EMA Support. 3. Wait for a bull signal and confirmation bar. 4. RSI Below 30. Reversal to the upside is probable. 5. Use Caution, Bitcoin could fall further. You are solely responsible for your trades, trade at your own risk! Let us know what you think in the comment section below!
Long
by TraderEngineering
FTM Time to Buy!? Or Will The Price Fall Back to $0.20?FTM is in a strong bull channel eyeing a target of $0.42 at the Weekly 200EMA! But with Bitcoin potentially pulling back, will it hinder FTM's chances of reaching the target? How do we trade this? The most important aspect of this moment is that FTM is in a bull channel, which means the probability of profit is greater when longing. There are no definitive reversal patterns yet, so we should be looking for long entries. Bitcoin may be signaling a minor pullback as shown in my recent analysis, and if that pans out, it may hinder FTM's ability to climb in price. This will likely bring FTM down to $0.325 at the bull channel support line, where we should look for either a bounce or breakout to the downside. A bounce should consist of a bull signal bar followed by confirmation, a strong bull bar closing on or near its high. If the price falls through the channel support, we should be looking for a strong bear bar closing near its low followed by a test of the channel low. At this point, we should be looking for a short entry. Key Points 1. Bull Channel, Always in Long 2. Weekly 200EMA Target 3. Gap to bottom of channel, $0.325 4. Bitcoin leading indicator, risk of pullback 5. RSI around 55.00, Wait for more Price Action. You are solely responsible for your trades, trade at your own risk! Let us know what you think in the comment section below!
Long
by TraderEngineering
FTMUSDT.1DBased on the given market data, FTM is currently trading at a price of $0.2376 against USDT. Starting with the 4-hour chart, the Relative Strength Index (RSI) is at 48.95, which suggests that the market is near the neutral zone, neither being overbought nor oversold. The Moving Average Convergence Divergence (MACD) value is 0.0015, indicating a relatively stable market. The Bollinger Bands (BB) value is at 0.2497, which is slightly above the current price, suggesting a potential for a slight upward movement. The first, second, and third support levels are at $0.2166, $0.1965, and $0.1830 respectively, while resistance levels are at $0.2577, $0.2813, and $0.2911. Moving on to the daily chart, the RSI is at 74.12, indicating that the market is approaching overbought conditions. The MACD stands at 0.0137, suggesting a bullish market. The Bollinger Bands stand at 0.2596, which is slightly above the current price, indicating a potential for price increase. The support levels are at $0.2154, $0.1920, and $0.1735, while resistance levels are at $0.2600, $0.2916, and $0.3220. On the 7-day chart, the RSI stands at 47.38, suggesting a neutral market. The MACD value is -0.0342, indicating a bearish trend. The Bollinger Bands stand at 0.3120, which is significantly above the current price, suggesting a potential upward movement. The support levels are at $0.2332, $0.1747, and $0.1516, while resistance levels are at $0.2583, $0.3315, and $0.4140. In conclusion, the FTM market shows mixed signals across different time frames. While the daily chart suggests a bullish trend, the 7-day chart indicates a bearish trend. Traders should pay close attention to these indicators and consider other market factors before making a decision. Please note that this is just a technical analysis and not financial advice. Always do your own research before investing.
by MarsSignals
FTM Weekly Analysis - Have We Hit The Bottom? Long for 2024!FTM has been bouncing off and consolidating in its major support zone of $0.15-$0.20 since it made contact in June of 2022. After a quick bounce to the $0.60 area, the price has remained in that support zone. We have now had a third touch point on this support, and so far, the bull response is strong. Bitcoin has also been consolidating in its support zone of $25,000-$30,000. My analysis of Bitcoin is we will see a bull run in 2024 and new all-time highs by April of 2025. If the Crypto market repeats history, the Alt market will follow Bitcoin to the upside when it finally breaks out. FTM remains #62 in market cap as of this posting, a good spot to be in for a riskier yet probable investment. What remains an open question is; will the Alt market be strong this time around? We don't know, and that's a conversation for another post. As traders and investors, it's important to speculate about the future based on historical data * first *, then inject fundamental analysis to determine the probability of a deviation from history. Key Points: 1. If FTM doesn't fall out of the top 100 in market cap during the next couple of years, I expect the price to at least reach the resistance zone of $0.55 - $1.00 by 2025, a conservative estimate of about 500% up from today's price. 2. If the alt market responds to Bitcoin's bull run in 2024-2025 reaching previous all-time highs, it's possible that FTM will also soar to its previous all-time highs of around $3.50. That is a roughly 1700% increase from today's price. These are great outlooks on FTM, but we should always proportion our investments relative to the risk of the asset. 2 years is a long time in the market, especially in a young market like Crypto, especially with an altcoin. As always, trade at your own risk, you are responsible for your trades, and I hope this information was helpful. Trade wisely and let us know what you think in the comment section below!
Long
by TraderEngineering
Fantom FTM price time to "catch up" with the marketToday, let's take a look at the global chart of FTMUSDT Finally, yesterday the altcoin market revived and started to grow, and XRP was the luckiest with the court decision that recognized it as a non-security) The FTMUSDT price hasn't really grown much compared to many altcoins. We can assume that the coin still has growth potential: - The liquidity zone is $0.45-0.55 , and we would consider this zone as the first medium-term target where you can fix part of the profit on a long position. - "the final", probably it should be called a long-term target for the FTMUSDT price in our opinion is around $0.80 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
19
ETH - FTM comparison; apples and oranges? updateETH - FTM comparison; apples and oranges? update this chart comparison fascinates me. whats crazy is i STILL cant tell which of those two points in more likely. though it does seem overall very very similar. i think with their dev runway etc ftm will pump hard for the first big bear market rally. using that same ratio of time gone by since x point; seems we already bottomed. but macro in general indicates we haven't. id be ready to buy, but try staying above fake small time frame pumps. gl
BINANCE:FTMUSD
by Crypto-Quantum-Fox
2