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FTMBTC

FTM ANALYSIS: PLAY THE DOWNWARD TRENDFTM ANALYSIS: FTM is trending in a downward channel and has been bouncing off a clear trend line (except for 2 small fake outs). This is great opportunity to play the channel. Buy entry would be off the trend at 80-85 sats. The main target is to clear the recent top at T1 of 92 sats. Upon clearing that, FTM can break for T2 at 102 sats. T2 is positioned at the top of the channel. This is a Rea spot to watch. I expect rejection and would recommend to take 50% profit by this point. If FTM does manage to break the break look for a break to resistance at T3 of 118 sats! Possible Entries: 80-85 sats
by altchicasignals
Fantom FTM FTM/BTC Possible short/medium term bottom reversal? This is a riskier trade, as FTM has been in a clear descending pattern since it was listed on Binance. However, there are some signs that a possible short term reversal may be soon approaching. We have the first sign of a bullish divergence on the daily and all smaller time frames. Volume accumulation is also clearly increasing in the last month as the price has fallen, typically indicating something may be brewing. We're currently at the bottom range of a descending channel. The price must hold in this region or this idea is invalidated. Possible short term targets are indicated by the yellow lines. If FTM is able to close above both these targets, then that would indicate a new higher low has been formed and stronger chance of a much larger bull run. Again, this is a high risk trade so manage appropriately and set a tight SL. This is not financial advice.
Long
by ninjacookies
Fantom hanging around all time low. Time to step in?Tricky altcoin technical analysis, but it’s about Fantom (FTM). We’ve been posting this one from Coinigy, but I’d want to post it on TradingView to see how this one unfolds. In general I’m assuming that we’re seeing pretty interesting range retests on altcoins, especially Cardano, EOS and Monero. This also means that if Bitcoin remains above $9,400-9,450, the altcoin fiesta can just continue. Crucial factor for FTM -> hold the green zone around 90-92 satoshis. As long as that holds, I’m expecting to see ourselves making a double bottom structure in which we break back in the range above 120-125 satoshis. Closing HTF below 90 satoshis and we’re in price discovery, which means that I’m only interested until we flip this level back as support. If we hold, targets can become 160 and 180 satoshis.
by CryptoMichNL
2
FTM ANALYSIS (BOTTOM IS JUST ABOUT IN!)FTM ANALYSIS: FTM is bottoming out inside a wedge. Expecting a push off the zone of 80-95 sats. This is perfect entry point for those who are looking to enter. Main targets are T1 at 110 sats, followed by T2 at 122 sats. Last target is 140 sats back near accumulation zone, which is a new temporary resistance. FTM has plenty of room for growth, and breaching under 100 sats is go time. Small RSI bull divergence look to capitalize on. Remember to set exit points accordingly. Possible Entries: 85-95 sats.
Long
by altchicasignals
1