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Is FTM/USDT going to reach 1$ ? Probably!Hi every one FANTOM / TETHERUS FTM/USDT is in a pretty interesting situation! in two days time frame there is a bullish flag with Hidden bullish divergence (+HD) on Both MACD and RSI. also the upward break out is about to happen .if the break out happens the price can reach around 1.09$ easily! but for smaller time frame like daily ,we can spot a reversed head and shoulder which the right shoulder has not completed yet but after the completion and the break out the price can move as much as the measured price movement and It's target is around 0.61$. Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!! Thank you for seeing idea . Have a nice day and Good luck
Long
by CobraVanguard
26
Fantom / Falling WedgeFTM/USDT Falling Wedge . A DAG-Based Smart-Contract Platform. We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature. and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
by CryptoTrend-Alerts
4
FTM/USDT - Possible Double BottomHello traders and community, today we will tell ourselves shortly about the situation of FTM/USDT Trend analysis - As you can see from the FTM/USDT daily chart, the price of Fantom token started stabilizing (range movement) and started forming double bottom pattern (white line on the chart), that's why we can expect upper movement with 60 % probability in short time period of time. As a trader I recommend to wait for correct signal and put short buy position up to 0.55 price level. Today's fibonacci support level (green line) is on 0.34751 price level, resistance level (red line) is on 0.55211 price level and global trend (orange line) is still bullish enough. Wish you good trades with this pair! Chart pattern - Bullish Double Bottom Pattern (processing) Technical indicators - RSI: market is still in boarders and is located near 50 level (not overheated, Neutral signal) - MACD: MAs are prepared for downward movement + they started moving away from each other (Bearish signal) - BB: Volatility of the market started stabilizing after volatile movement accomplished (Neutral signal) - MA (10,20): MA10 is below the level of MA20 and stabilizing (Neutral signal) = Overall neutral signal movement Dear friends, please push the like button, write comments below, follow me for more technical analysis and share this post with other traders - that would be the best support, Thank you for your attention! Tell us about your opinion for making better decisions :) P.S.: Information provided is only educational and should not be used to take action in the market.
Long
by PrizesRises
FANTOM - Trend-Following Setup FormingFANTOM is overall bearish (short-term / correction), trading inside our red channel but since it is approaching a strong demand zone in green we will be looking for buy setups to catch the next impulse. Before we buy, we want the buyers to prove that they are taking over again. You don't want to buy a bearish market right? Our upper red trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple) Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone) Meanwhile, until the buy is activated, FANTOM would be overall bearish and can still break the green demand zone downward. In this case, a movement till the next support zone in blue would be expected where we will be looking for new buy setups to form. Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
69
FTMUSDT (FANTOM) - POTENTIAL BREAKOUT ANALYSIS 🔎 - FTMUSDT is printing a falling wedge (FW) pattern. - This is a reversal pattern. - A bullish pattern to be precise. - RSI is printing a bullish divergence signal. - There's a breakout potential. BUY ENTRY ⬆️ - Breakout above the falling wedge's resistance. TARGETS 🎯 - Horizontal resistance level (R1). - Horizontal resistance level (R2). - Horizontal resistance level (R3). SETUP INVALIDATION ❌ - Breakdown below the falling wedge's support.
Long
by Chibuike_Odoh
5