FTM Breaking out !!!right now we are witnessing a break out in the rounding bottom pattern ftm has been forming over the past few days .This could Be a Great opportunity to put in a long position right now. We also had a macD bullish cross few days back.
Target 1 ATH
Target 2 0.78
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Ftmusd
So Similiar To MithThis chart looking so similiar to mith. We can see a movement like mith. I'm taking some ftm from here. Enjoy the chart, and follow me for more.
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$.
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
FANTOM WILL LIVE UP TO ITS NAMELet's see whether the ATH will be broken or not! However, a revisit is out of the question after the correction.
FTMUSDTHello followers
This analysis is my personal opinion, but you enter into a deal with your analysis and perception of the chart
We are waiting for your comments ....
Fantom / Falling WedgeFTM/USDT Falling Wedge .
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$ftm sxp and kava looks really good waiting for a confirmationThe Ftm sxp and kava coin compression is getting over slowly. It is breaking out in the usdt pair as well. I have marked the target. Let's see how it goes.
thank you
Crypto by Ksquare
FANTOM needs time to decide, FTMUSD, FTMUSDTHello my friends, another analysis with Fantom. Everything is clear in the chart for you.As always, keep your eyes on the circles and base bands, for growth the price needs to break the base band and fib 0.38 and trend line. so keep it in your watch list. Good luck.
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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
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P.S.: Information provided is only educational and should not be used to take action in the market.
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
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.
FTM preparing for a 50% move up in the next 48 hours38 c is now a very well tested floor and should hold with high degree of confidence. Expecting to see a move up to low to mid 40s, rejection, then tension building up on the down sloping resistance until an eventual breakout to 65 cents which represents at 55% return from here.
Here is the hourly ribbon just for a different glance.
FTM strong support at 45 cents whales accumulatingVolume profile shows huge activity between 43-45, this is whales accumulating for the next leg up.
FTM did an explosive 42x return from January 22 to February 23 from 2 cents to 80 cents and it's retracted down now to 45 cents.
FTM will moon follow UN presentationSimple analysis but for big gains!
We're looking at mainly a fundamental here. Tomorrow the Fantom Foundation will present it's blockchain to the United Nations’ Central Bank Digital Currency (CBDC) Architecture Group. (March 11)
If we break the bottom trend line, trade in invalid. However as fundamentals are strong, I'll paying very close attention for an entry.
Other than that
Expecting yet another big pump for FTM following the UN presentation tomorrow
FTMUSDT (FANTOM) - BUY ENTRY ANALYSIS 🔎
- FTMUSDT was bounded in the descending triangle pattern.
- Price brokeout above the descending triangle's inclined resistance.
- This is a bullish signal.
- There's an uptrend continuation possibility.
BUY ENTRY ⬆️
- Conservative entry : breakout above the previous swing high horizontal resistance level (R1).
- Aggressive entry : market price.
TARGETS 🎯
- Horizontal resistance level (R2).
- Horizontal resistance level (R3).
SETUP INVALIDATION ❌
- Breakdown below the descending triangle's horizontal support level (S1).
