Ftm trading in a big range!I really didn't think a dip like this would occur.. but it did. And now i see the best trading opportunity here for FTM! It is on a big support that used to be strong resistance before and i doubt it breaks to the downside! But if it does, then it breaks its last support it has. It literally has no other supports down there... so i would definitely take this trade right here right now. I will take profit at 1.3 on this trade since that's a resistance. If you want, you can keep it open for higher targets like 1.5 or 2.
Leverage: x4
Stoploss: 0.87
Take profits: 1.3
Ftmusd
FANTOM BEATS ETHEREUMWhile Ethereum struggles with high gas fees and the switch from pow to pos , Fantom is way more utile than ETH till they upgrade to ETH 2.0 maybe in 2023. For those who don't know about FANTOM here is a brief definition from cmc:
Fantom is an open-source decentralized smart contract platform for DApps and digital assets that was created as an alternative to Ethereum . Fantom has the goal of overcoming the limitations of previous generation blockchains and balancing three components: scalability, security and decentralization.
The bad news for this setup is the $BTC as always, we need this $BTC move inside the bear flag:
FTM done correcting? FTM corrected 54% after the Supertrend Ninja - Clean signal on the 25th Jan (red vertical line on the background).
FTM is currently on a support level. The Stoch RSI is in oversold levels, but it hasn't crossed up to the blue area yet. Also the price is below the Ichimoku cloud, which is bearish. The RSI and Constance Brown is in oversold area as well. If FTM bounces here, we will have a bullish divergence confirmed for the RSI. A few more days will give us some more clarity.
Bouncing up here 1.30 USDT is the next target. Dropping here 0.73 USDT is the next target. 0.59 USDT thereafter. The Supertrend Ninja - Clean tends hasn't given a bullish signal for the time being (green vertical line on the background). Supports and Resistances are highlighted as grey blocks.
Thank you for reading.
Namasté 🙏
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
FTM APPROACHING RESISTANCE LEVELS Here is what I see that might be happening with fantom:
1) We are below the 200 ema, the ema ribbon, and the ichimoku cloud on the daily timeframe. Not a great sign, BUT we have managed to test the ema ribbon quite frequently during this downtrend, so we could very well break above it soon as the more often support/resistance is tested the more likely we are to break it.
2) If we do break the EMA ribbon to the upside we will again be testing the up trending zone of resistance we recently rejected from (red box). This has been used as strong support in the past and has already been used once as relatively strong resistance.
3) We have a relatively large red ichimoku cloud above us which isnt great, but for the past year or so we have been in relatively sideways price action, where the ichimoku cloud isn't as powerful.
4) If we do manage to get rejected from the ema ribbon, especially since volatility looks relatively weak right now, we could move to the bottom of the green box. This green box has acted as strong support/resistance in the past, so I would expect to find at least a bounce from the bottom of the box.
5) As of now, I am relatively bullish on this on the short term, especially if bitcoin keeps rising. FTM really needs to break the resistance ahead of it though or else it could send us lower.
6) This is not financial advice and always do your own research before entering the market.
FTM - PUMPHello My friends,
I've seen FTM break out and then retest perfectly.
Flying high is only a matter of time.
I will take profit at the top at 3.3
Always manage risk when entering orders.
Best Regards!
FTMUSDT - SETUPFTMUSDT price again reached the buying zone for bulls, can bullish activity start in FTM? We are expecting the bulls may take control for some time. Price may move towards some good upside resistance areas. So keep watching the price action.
FTM Can Reach these Prices Depending on the Incoming break outFTM is in a Pretty big Descending Triangle. It Has not broken in a bullish or Bearish way So We can not be sure if the Price is gonna Decrease or Increase but Since it's a Bearish Pattern we are talking about, the odds of Decreasing Is Much Higher! If the Price becomes Bullish It shall reach 1.8$ But if it becomes bearish It shall reach 0.86$.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Thank you for seeing idea .
Have a nice day and Good luck
💡Don't miss the great buy opportunity in FTMUSD @FantomFDNTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.3320).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. FTMUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 56.
Take Profits:
TP1= @ 1.4514
TP2= @ 1.6088
TP3= @ 1.7151
TP4= @ 1.8303
TP5= @ 2.0785
SL= Break below S2
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💡Don't miss the great buy opportunity in FTMUSD @FantomFDNTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.3320).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. FTMUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 56.
Take Profits:
TP1= @ 1.4514
TP2= @ 1.6088
TP3= @ 1.7151
TP4= @ 1.8303
TP5= @ 2.0785
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Fantom #ftm in daily chartin this chart we can see a strong support zone and in this area, a long position could be profitable.
entry point: green box as shown on chart
Stop loss : 18 % belo the EP.
Take Pforfit : ~100 %
Dont give up on Fantom yet $FTM $1 is a great technical and psychological support.
The closer you can buy, the better off you would be.
You need to understand when $1 support is broken. you need to exit
Cheers,
Nav
FTMUSDTFTM hat big potential! it is a creasy one, when move unstoppable!!
entry: 1.13->1.20
T1: 1.34
T2: 1.54
T3: 165
T4: 1.98
FTM good to buy Here you can see FTM fall down 1.20 USDT because of BTC. Actually, Altcoins fall down if BTC continuously breaks every support.
Here is the best position to buy FTM at 1.15 USDT to 1.05 USDT . This is the accumulation zone for FTM.
My target will be for take profits on FTM :
1st Target: 1.28 USDT
2nd Target: 1.41 USDT
3rd Target: 1.72 USDT
The price will start up when BTC gets its stable position
Write down to know about your opinion
Ftmusdt Perp 1H BullishPrice was moving in a downtrend and it still is in one.
But I think we can retrace more to the upside atleast we can see price touching 1.3327 . It has made some moves High recently breaking some minor structure hoping some higher prices to be met.
Entry should be around 1.2724
Target is 1.3327
Sl is 1.2523 just below the current demand zone
The RR is around 1:3.
This is also a high Risk Setup .
FTM fully gasoline okay
here we go with FTM
loss 1$
or
earn 18$
it's up to you
plz put SL its important
Fantom FTM Price Targets and Stop LossFTM/USDT short
Entry Range: $1.47 - 1.65
Take Profit 1: $1.41
Take Profit 2: $1.28
Take Profit 3: $1.13
Stop Loss: $1.69
👻 FTM Bearish 📉FTM has been in this bear flag/uptrend and is now looking to possibly break to the downside.
I will be looking for short plays on this once we get a confirmed break downwards with a candle close below support.
Fantom in descending wedge scaring away all evils 👻💀The price is in an interesting region on the Pitchfork fork.
And MACD is confirming uptrend.
A good time for entry I believe is at 50% of Fibo correction.
The uptrend will expand upon breaking above the wedge.
Against Bitcoin, the asset is also at an interesting moment.
We had a rejection of the last support breakout, and consequently a diagonal resistance breakout.
TS ❕ FTMUSD: bounced offFTM is moving in an ascending channel. I expect a rebound from the channel support.
BUY scenario: long from channel support.
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
FANTOM - Depending TA on interesting trendHello trading friends,
Depending on TA FTM are an interesting zone.
We will follow the coming time trend to see how it will play out.
# know when to take profits on any coin
Have good time
- This is not a trading call - trade only depending on your setup.
FTM TO REACH PREVIOUS HIGHS 🥷🏻Greetings,
Today we're looking FTM. Fantom is an open-source decentralized smart contract platform for DApps and digital assets that was created as an alternative to Ethereum. During May 2021 whilst all alts were booming, FTM went from 15c to 94c, then went back to 15c.
In the short term i'm keeping a close eye on the upwards parallel channel that it is working in. If the market structure changes and falls out of this pattern I will act accordingly. Below is a longer time frame of FTMUSDT - We can see the all time high currently sits around $3.40.
Buy Zone
$1.42 - $1.48
$1.48 - $1.55
Targets
$1.78
$2.06
$2.34
$2.58
FTMBTC Chart - We can see here that FTM has really not moved much from it's low support against BTC. Which is great sign and shows a huge upside potential.
FTM can only reach previous highs if Bitcoin continues to see green candles, btc controls the markets price.
Remember, nothing is guaranteed, control the controllables.
Mogues
FTMUSDT Trading planMinor wave 1 looks to be completed. Playing a short on FTM on the retracement and swinging Long on the key levels of Wave 2