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FTMBTC

FTM Capitulation before potential blastoffHere is what I think is going on with FTM: 1) I mentioned the key zone of support marked by the green box. I still believe into this green box is at play. 2) The spread on the daily ema ribbon is very large. You can see FTM has already encountered some resistance near this first ema line, in combination with the uptrending zone of resistance marked in red. 3) The ichimoku is pretty far away from us on the daily so there is a decent chance we could have an impulsive move to the upside, but I believe this will happen after re-testing the green box. 4) Not shown, we are currently rejecting out of a 30% red ichimoku cloud on the 4hr timeframe. 5) The BTC pair for FTM has actually touched the uppermost boundary of the green support box that I have drawn. But we could very well see it drop to the lower boundary which would likely put the USDT pair into the green box I have mentioned. 8) Remember, this is not financial advice and always do your own analysis/research before making any decisions on the market.
Long
by MarketM8ker
1
FTM/BTC is going to go up MORE from here!Ftm/btc is in a broadening wedge on the daily timeframe right now and bounced not only from previous big boy support, but the broadening wedge support too and therefore i believe it will go back to the resistance of the broadening wedge which is around 0.000036. That's the first target of my fantom trade but once we break the resistance and out of the wedge, i expect much higher targets. I will be holding fantom from here till $10 and maybe above. I'll be more bullish if ftm/btc closes this weekly candle green as we have been in a red weekly candle streak of 8! This is a great trading opportunity. DYOR!!!! This is NFA! Let's go!
Long
by blz_legend
1
Fantom might have a chance here There's a few things happening with Fantom right now: 1) We have broken bearish out of what was established as a bullish pennant pattern, not a great sign. 2) There has been some FUD spreading lately about some developers for FTM leaving the team. Not too sure how much this will affect price action in the long term but the company said that this departure doesn't affect their plans for the cryptocurrency. Something to keep in mind. 3) Right now Fantom has some pretty strong support underneath it marked by the green box. This green box marks a key support level because each time Fantom has entered that zone, it has had either a significant move to the downside or a significant move to the upside. 4) It just so happens the .786 level fib retracement on the daily lines up too perfectly with this green box. 5) Rsi is pretty low on the daily but can definitely go lower. If this green box holds as support Fantom will have to break back into the bullish pennant again to return to its "bullish" medium-long term state, which in my opinion is likely to happen. There is a decent possibility we make a V bottom in this green box and return back to being inside the pennant. If Fantom cannot break back into the pennant, the likelihood we lose the green box as support becomes much higher. Overall, I am more bullish than bearish on Fantom until it can prove me otherwise. Remember, this is not financial advice and always do your own analysis/research before making any decisions on the market.
BINANCE:FTMUSDLong
by MarketM8ker
FANTOM - TO RISE TO $1.74 & FALL TO $0.90Please support this idea with a LIKE👍 if you find it useful🥳 Not a financial advice🙅🏼‍♂️ This is a 4hrs timeframe analysis. We have price respecting the descending channel pattern. We have three credible resistance zones on the upper trendline and two credible support zones on the lower trendline. I expect price to hit the lower trendline and bounce up to the upper trendline at $1.740 If price get rejected at the upper trendline, price will fall to $0.90. But if the trend continues, fantom will continue to rise. What do you think? Share your opinion in the comment section✍️ You can also demand for analysis of your preferred coin Follow me stay updated about this coin and more helpful projects like this🎁 Happy Trading💰🥳🤗
Long
by PetrockFxTrading
2
FTM/BTC: IT is gonna Be bearish FTM/BTC Pair has been in a head and Shoulder Pattern. But Recently The Break out has Happened and Now We can Expect The Price To fall as Much as the Measured Price Movement.(The Length Between The Head and The Neck line. AB=CD) 🌳What Is Fantom (FTM)? Fantom is a directed acyclic graph (DAG) smart contract platform providing decentralized finance (DeFi) services to developers using its own bespoke consensus algorithm. Together with its in-house token FTM, Fantom aims to solve problems associated with smart-contract platforms, specifically transaction speed, which developers say they have reduced to under two seconds. The Fantom Foundation, which oversees the Fantom product offering, was originally created in 2018, with the launch of OPERA, Fantom’s mainnet, coming in December 2019.
by CobraVanguard
19
FTM/USDT 1HOUR UPDATE BY CRYPTOSANDERS Welcome to this quick FTM /USDT analysis. I have tried my best to bring the best possible outcome in this chart. Reason of trade:-FTM /USDT Ascending triangle pattern create an upside trend line break after retest and by the green zone Entry:-$1.74, $1.78 Traget:- 30% to 35% Stop loss:-$1.71 with leverage 5x to 10x Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Happy trading. Sorry for my English it is not my native language Do hit the like button if you like it and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
FTMBTCHello Crypto Lovers, Mars Signals team wishes you high profits. We are in the 4-hour time frame. There is the yellow line which is our weekly support. R1 was previously the support area which is now broken and the price is now moving at the S1 area. We expect the price to be supported at the weekly support line. You can buy it here for the R1 resistance and also put in the Stop Loss. If the yellow line is broken, the S2 area would be the next support for the price. The price has hit the weekly support and was supported. We expect the price to follow the previous example and move up. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
Long
by MarsSignals
FTM Double TopFTM battling in the S/R channel, attempting to complete an impressive Double Top. Neckline creates a very strong Support channel, coincidentally it's also the ~ Golden Pocket of Fibonacci Retracement taken from all time low to all time high (without account for massive wicks). Neckline/GP range 1.27 to 1.16 Since January 22nd, FTM has been consolidating forming a narrow downtrend (on smaller TF). FTM has already bounce up from 1.66-ish, towards the 2.05 level. Both of which are on the Fibonacci Retracement levels, naturally cause a reaction. Overall, I believe FTM is heading towards the Neckline, stats show very little pressure from Bulls, plus BTC volatility is forcing a lot of retail to take profit (just in case). My plan: Not trading in S/R 21H channel, wait for FTM to reach 2.05, then I'll make an assessment if Neckline is a realistic target. P.S. Let me know if you have a chart you would like me to take a look at. This is my Thesis, targets are purely hypothetical based on my analysis. This is NOT Investment and/or Trading Advice. Happy Trades! ❤️ If you enjoy my ideas, Please like/comment, it means a lot, Thank You! ❤️
by WhoIsWu
2
FTM/USDT 4HOUR UPDATEWelcome to this quick FTM/USDT analysis. I have tried my best to bring the best possible outcome in this chart. Reason of trade:-FTM/USDT tringle pattern conform and retest buy the green zone Entry:-$1.75, $2 Traget:- 90% to 100% Stop loss:-Support line downside candle close Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Happy trading. Sorry for my English it is not my native language Do hit the like button if you like it and share your charts in the comments section. Thank you..
Long
by CryptoSanders9563