FTMBTC
Probability of breaking the resistance of the channel ceilingIf the favorable conditions in the market continue, the probability of breaking the resistance of the channel ceiling and moving towards the next target in the range of $0.30 will increase. The second resistance is a range that can be broken in the daily timeframe to change the trend. Therefore, in this week, the way the price hits the ceiling of the channel and the type of its reaction can determine the continuation of the trend. In the 4-hour timeframe, we can consider a narrow ascending channel. If the bottom of the channel breaks, there is a possibility of price reduction and the formation of a range trend.
FTM CAN DROP AGAINHello, dear traders. how are you ? Today we have a setup to SELL/SHORT the FTM symbol.
I think a falling triangle is being completed and we are now in the E wave of this triangle
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
FTM ANALYSIS#FTM UPATE.
#FTM is trading nowhere but in the accumulation range since a week now now.The next could be possible in ether direction depending upon the next btc move ,on breaking upside the red line will the next resistance which can be tested on 2-3H TF.
The point to turn to the medium-term uptrend is...Hello?
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(FTMBTC 1W chart)
It is in a position to radiate the power of ascension.
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(FTMUSDT 1W chart)
The key question is whether it can rise above 0.3339.
To do so, it is necessary to confirm that it can rise with support in the 0.2280-0.2571 range.
(1D chart)
The key is whether it can rise above 0.2571 and receive support.
If not, a decline below 0.2280 is likely.
A break below the downtrend line is expected to lead to an attempt to rise above 0.2887.
At around 0.2887, the M-Signal line on the 1W chart is passing, so a move to a medium-term uptrend is needed to keep the price near 0.2887.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
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FTM touched the first target!FTM touched the first target!
FTM had good price growth during the last week. After buyers supported it in the $0.17-$0.18 range, Fantom's rally pushed the price closer to the ceiling of the descending channel. A resistance was considered in the range of 0.260 to 0.258 dollars, and the first contact to this range was associated with a negative reaction. But there is an important resistance in Terri in the $0.300 range, which can be a profit-saving place for some short-term buyers.
Given Fantom's impressive rally against many altcoins in the event of a correction, the target range for reactive support is $0.190-$0.20, which is yet to see a pullback to this level. In the 4-hour time frame, a range zone is observed below the $0.260 range. If the resistance is broken, the price growth can continue as long as the width of the channel range until the price hits the ceiling of the channel. So as mentioned, resistors are prone to negative reactions and should be monitored carefully.
FTM SHORT SETUPHello, dear traders. how are you ? Today we have a setup to SELL/SHORT the FTM symbol.
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
The next resistance levels!FTM has recorded very good growth in the last 24 hours. Its price, which was above the resistance level of $0.20 with increasing demand, continued to move upward yesterday and today. The next resistance levels that we can consider for FTM are in the range of $0.26 and $0.29-0.31. . Fantom is still bearish on the daily time frame, and the resistances it targets could come with a reaction. But in the 4-hour time frame, the trend is upward, and the pullback towards the supports can bring signs of support again for the short term.
Fantom (FTM) - November 29Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
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Have a good day.
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(FTMBTC 1W chart)
It must rise above 0.0000 1374 to gain the strength of the rise.
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(FTMUSDT 1W chart)
The key question is whether the price can sustain the move above 0.3339.
(1D chart)
The key is whether the price can sustain above 0.2280 to break out of the downtrend line.
If not, you should check for support around 0.1799.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If this chart is shared, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
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FTM has held its key support!FTM has held its key support in the $0.17-$0.19 range for the past few weeks and has moved back towards the $0.20 target as a positive divergence has formed in line with last week's formation. In the 4-hour period, the price trend is still in the range, and the resistance that we can consider is in the range of $0.193 to $0.200. Several negative reactions to this resistance have caused the trend to range.
If you look closely at the chart, the midline of the drawn descending channel has also overlapped with this range, which shows the strength of this range in the lower time frames. If this resistance is broken, support from buyers is needed to bring the price back above the $0.210 level. Otherwise, there is a possibility of fake breaking the resistance of $0.20 and returning to the main supports. But if the resistances are broken, and we see price consolidation, Phantom will find the potential for the price to rise to the top of the descending channel in the $0.25 range.
Fantom vs Bitcoin Moves Above EMA50 (85% Target Mapped)The Bitcoin pair for Fantom (FTMBTC) is producing a bullish breakout now just as the Tether pair but it looks better.
We can see a volume breakout today, above-average/high volume, as prices move above EMA10, EMA21 and EMA50.
We also have higher lows since June 2022.
These signals are enough to support the bulls.
Based on these signals we can say that Fantom is baised to grow.
The targets are mapped on the chart.
85% is doable in the short-term.
As usual, mid- and long-term there can be so much more.
Namaste.
Fantom (FTM) formed bullish Shark for upto 11% pumpHi dear friends, hope you are well and welcome to the new trade setup of the Fantom ( FTM ) coin with BTC pair.
Previously I shared a long-term trade setup of FTM , which is still in play as below:
This time on a 4-hr time frame, FTM has formed a bullish Shark pattern. At the moment, after the completion of final leg the priceline has slightly moved up, therefore, we can wait for some correction to buy it from the buying zone.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Fantom (FTM) - September 5Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(FTMUSDT 1W chart)
Whether or not it can move higher than 0.3661 is crucial.
(1D chart)
Resistance: 0.3206-0.3661
Support: 0.1892-0.2372
In order to turn into an uptrend, it must rise above the HA-Low indicator.
So, we need to see if we can rise above 0.3018.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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Fantom (FTM) - August 25Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(FTMUSDT 1W chart)
The interval 0.3661-0.4874 is the interval that determines the trend.
So, the key is whether it can move higher than 0.3661.
- As the Stoch RSI indicator is falling, it is necessary to check if it is supported above 0.2665 when it turns upward.
If it doesn't, it's expected to drop to around 0.1280.
(1D chart)
The HA-Low indicator is showing signs of going up.
Therefore, it is important to be able to rise above the HA-Low indicator point and above the 60 SMA line.
If the climb fails, you should check to see if there is support around 0.2665.
If not, it should be supported in the 0.1892-0.2372 interval.
- Since the RSI indicator has not yet moved out of the oversold zone, it is natural for further declines to occur.
However, as the Stoch RSI and CCI(9) indicators are out of the oversold zone, and the Stoch RSI indicator is showing an upward trend, it can be said that there is a possibility that it will rise further.
At this time, what is important is whether it is supported or resisted at the HA-Low indicator point, the 60SMA line.
When using most indicators, what matters is how they perform at support and resistance points.
Therefore, the ability to establish support and resistance points should be a priority when studying charts.
Prices can always go up or down.
Occasionally, there are people who comment on such things.
That's natural, but if you don't know the settings for support and resistance points and the movements at those points when you look at the chart, it's just a comment accusing you of being a worthless analysis.
At the heart of chart analysis is neither Elliott wave nor trend.
The most important key is support and resistance.
This is because the win or loss of a trade is determined by what kind of trading strategy you make at the support and resistance points.
You might ask yourself whether you need to know how far to rise or how far to fall before you can create a trading strategy, but it is not.
At the heart of your trading strategy is whether you can create a way to reduce your losses.
If you can't come up with a way to reduce your losses, you shouldn't even start the trade at all.
The MRHAB-T indicator used in this chart is a private indicator, but if the chart is shared, the indicator can be used normally.
Among the indicators included in the MRHAB-T indicator, indicators are included to indicate support and resistance points.
------------------------------------------------------------ -------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
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