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FTMUSDT

FTM → Fantom One More Leg Up to $0.53!? Lets Setup The Trade.Fantom has had 2 clear legs up in this Daily chart bull run. You could argue three if this current high *is* in fact the high, making it the third leg. My last analysis did not play out with the reversal at $0.38! Does that mean we should we be long here? How do we trade this? 🤔 The answer is yes, but only in the near-term! If we are 2 or even 3 legs into the trend, that means our probability of profit longing is getting weaker to the point of where we need to consider shorts or at the very least, that a trading range is coming. Right now we have a gap down to the 30EMA, we should wait until the price reaches at least that area with some bull signals and confirmation before entering any longs. This late in the game, consider scalping with 1:1 Risk/Reward and a relatively small position size since our probability in this direction is weakening. Set the protective stop below the 30EMA and grab at least 1:1 Risk/Reward and get out. We also need to keep a close eye on Bitcoin completing its measured move to $46,000, a key level that could spell the end of the bull trend! 💡 Trade Idea 💡 Long Entry: $0.415 🟥 Stop Loss: $0.335 ✅ Take Profit: $0.475 ⚖️ Risk/Reward Ratio: 1:2 🔑 Key Takeaways 🔑 1. Bull Channel, Bias to Long. 2. Two Clear Pushes Up, Third to Major Resistance? 3. Gap from 30EMA Support, Wait to Long. 4. RSI at 70.00 and above Moving Average, Short-Term long, Long-Term Short. 5. Watch Bitcoin to complete Measured Move to $46,000. ⚠️ Risk Warning! ⚠️ Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk! Like 👍 and comment if you found this analysis useful!
Long
by TraderEngineering
FTMUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Targets: 0.39 and 0.44 after first target reached move ur stop to breakeven Stop: ~0.27 (depending of ur risk). ALWAYS follow ur RM . RR: 1 to 2.5 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions
Long
by trytofeelpositive
1
📈 Fantom (FTM):Potential Retrace, and Upside Targets! 🔄💹An analysis of Fantom (FTM) indicates a ranging phase, potential retrace, and outlines upside targets, providing insights for market participants. Key Observations: Ranging Phase: After a significant run-up, FTM is observed to be in a ranging phase between $0.37 and $0.40. Potential Retrace: The analysis suggests a potential retracement in the market over the next week, possibly bringing FTM down to test $0.32 - $0.33. Upside Targets: Following a correction, FTM could target as high as $0.45 - $0.48.
Long
by Richtv_official
1
Fantom FTMUSDT Price Analysis (1w)BINANCE:FTMUSDT is currently displaying resilience as it bounces back from the established support level at 0.17. This level has consistently deterred significant selling pressures, acting as a sturdy foundation in July 2021, November 2022, and October 2023. Notably, each time the price revisits this level, it triggers robust bullish movements — registering a remarkable +1833% surge in 2021, a substantial +250% increase in 2022, and a solid +130% uptrend in 2023. Despite encountering some resistance, the prevailing momentum suggests the potential for further upward movement in 2024. Noteworthy targets lie at key Fibonacci levels: 0.54, 0.77, and 1.10. For potential downsides, important support levels are identified at 0.34 and the aforementioned 0.17. Investors should remain vigilant, considering the historical strength exhibited at these levels and the promising performance of BINANCE:FTMUSDT in recent years.
Long
by Vestinda
1
FTM → Fantom Blasts to $0.43 Weekly 200EMA! Will We Reverse!?Fantom had an excellent breakout of the previous resistance zones at $0.34 and $0.37 per my previous analysis. If you longed the suggested trade, you achieved a 1:3 Risk/Reward Ratio! What are the next moves now that we've hit the Weekly 200EMA? How do we trade this? 🤔 Fantom is red hot to the upside making contact with the Weekly 200EMA, an expected resistance area. The Weekly candle closes in 1 day and 1 Hour, we need to see where the candle closes and what the next Daily candles show us. The RSI is at 70.00, most Crypto tokens are running hot and have hit some major resistance levels with their RSIs high as well. That includes Bitcoin, Ethereum, Cardano, the list goes on. I think we're in for a decent retrace to let the market cool off. This could be the first bull leg up in the next bull run, signaling that the macro trend on the market is committing to the upside. However, I believe Bitcoin needs to take one more dip to $25,000 before new all-time highs, and the rest of the Crypto market will likely be dragged down with it. Look for a pull back to the Weekly 30EMA and a strong bull signal and confirmation of Support. If we see a good Weekly candle closing on or near its high after a signal, a long position is reasonable. Now this long could be played many ways between the Daily and Weekly timeframe, I'm suggesting the following as a conservative measure and assuming the Alt market doesn't see previous all-time highs. Long the $0.325 area, set a stop loss below the (so far) reliable $0.165 Weekly Support, and a few Take Profit areas. Take 1:1 Risk/Reward with half of your position at $0.50 and move your stop up to the entry price, then 1:3 R/R at $0.85 with half of your remaining position, then swing the remainder to 1:7 R/R. A reasonable area at $1.55 (2021 Left and Right Shoulders), but I wouldn't argue against letting it ride longer if the conditions are correct. It's too far out to speculate on the price action. This is a multi-month trade that could go into 2025. More analysis will be coming for the lower timeframes! 💡 Trade Idea 💡 Long Entry: $0.325 🟥 Stop Loss: $0.150 ✅ Take Profit #1: $0.500 ✅ Take Profit #2: $0.850 ✅ Take Profit #3: $1.55 ⚖️ Risk/Reward Ratio: 1:7 🔑 Key Takeaways 🔑 1. Bullish Since Weekly Support - October 2023, Bias to Long. 2. Currently Touching Weekly 200EMA Resistance. Wait for Candle Close. 3. Wait for Weekly Candle to Close. If below 200EMA, expect Pullback. 4. RSI around 70.00, far above Moving Average. Supports Pullback. 5. Look for 1:3 Risk/Reward Opportunity. Swing Partial Position. ⚠️ Risk Warning! ⚠️ Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk! Like 👍 and comment if you found this analysis useful!
Long
by TraderEngineering
FTM Fantom: Unveiling the Potential in a Ghostly Market!Hello Crypto Explorers! 👋 The FXProfessor here, diving into the spectral world of FTM Fantom. Let's decode the mysteries of this intriguing altcoin and chart a path through its ethereal market presence! FTM Fantom's Current Pulse: 📈 Ghostly Gains: FTM is showing a spirited performance in the crypto realm. 🎯 Target Locked: Aiming for phantasmic heights in our trading journey. Support and Resistance Levels: 🛑 Steady Support: Monitoring critical levels that underpin FTM's stability. 🚀 Ascending Further: Breaking key barriers could propel FTM to otherworldly gains. Tactical Trading Steps: 🕵️‍♂️ Focus on the immediate targets, navigating each spectral wave with precision. ⚖️ Balance your moves with a deep understanding of the ghostly market dynamics. Long-Term Vision: 🌠 Potential for supernatural returns as FTM challenges its spectral boundaries. 📊 Watch closely as we trace its ascent towards our long-awaited targets. Strategic Approach: 🌟 Combine patience with keen market analysis to master the Fantom realm. 📝 Adapt to the ghostly fluctuations of the FTM market. FXProfessor's Perspective: 🌐 FTM Fantom is more than just numbers; it's a digital enigma in the vast crypto universe. 👀 Stay tuned for continuous insights as we journey through Fantom's enigmatic path. Trade with foresight, embrace the crypto mysteries, and let’s unravel the secrets of Fantom together! 💙 One Love, The FXProfessor 💙 Remember not to FOMO..Just follow the levels
Long
by FX_Professor
$FTM of Fantom Easily Reached To 1st TargetHi Friends After breaking through the 50WMA resistance, Fantom ecosystem's valuable cryptocurrency, UPCOM:FTM , easily reached the first target and reached above the $0.4 level. Currently, 100WMA at the level of $0.5 is still considered the main resistance of UPCOM:FTM before reaching the important level of $1. Therefore, if UPCOM:FTM can cross the 100WMA and register a weekly candle above the $0.5 level, the 3rd target and higher targets will be easily available before reaching $1. More than 30% net profit has been made since my last update. Don't forget to save profit, avoid greed and do your own research. "Like" & "Follow" if you want to see more of these ideas. BJWise, Goodluck
Long
by BJWiseReal
FTM/USDT Assessing Bullish Breakout Potential?👀 🚀Fantom💎 Paradisers, turn your attention to #FTMUSDT as it presents an intriguing trading scenario. Currently positioned in a demand zone and having recently executed a Break of Structure (BOS), FTM is showing a strong likelihood of breaking above resistance and initiating a significant bullish movement. 💎 Reflecting on #Fantom market behavior, it has been adhering to a descending trajectory. Presently, it is approaching a critical resistance level at .4428. If the price respects this level, we might witness a pullback to the BOS level. However, a successful breakout could lead to a vigorous bullish rally, aiming to overcome a higher resistance level at $.6599. 💎 However, it's crucial to stay grounded in the volatile crypto market. #FTM traders should be prepared for multiple outcomes. If it faces challenges in breaching the resistance zone and loses momentum, shifting focus to a recovery strategy from the support level of $.2855 becomes essential. 💎 A decline below this support level would necessitate a strategic shift. This development would call for a reevaluation of the bullish perspective and an adjustment of trading strategies to adapt to new market conditions. 🌴💰
BINANCE:FTMUSDLong
by MyCryptoParadise_Simon
1
Long-Term Analysis of Fantom (FTM) CoinIf FTM experiences a decline within the specified range of $0.2246 - $0.208 in the coin analysis, it may be considered for long-term investments. If it encounters strong buying reactions from the mentioned support range, the initial upward target is $0.357, with the next target being $0.414. Should FTM continue its downward movement, and if it drops to the $0.1856 level, a final addition can be made. However, if FTM closes weekly candles below the $0.17 level, it should be stopped. Not financial advice (NFA).
by wagmitraders
FTM → A High Profit Opportunity! This Analysis Breaks it Down.Fantom is marching forward in a bull channel, breaking previous resistance and setting its sights on $0.34. It looks like we have a clear shot to the next resistance level, but is it safe to long now? How do we trade this? The bulls have several data points on their side; a bull channel, breaking of previous resistance, successfully testing that resistance as support, but is that enough to enter a long? Not yet! What we need now is a bull confirmation candle on this second support test. The last hourly candle just closed above support a few minutes ago, we need to hold this price and close a strong bull candle to justify a long. If FTM delivers, set a protective stop below the "New Support" line and set a take profit at a 1:2 Risk/Reward ratio. The next resistance level on this timeframe is just below $0.35, so it's reasonable to take your profits before then. Also, keep an eye on Bitcoin as a leading market indicator, it's into new high territory for this bull run and we need to be vigilant about reversal candles appearing. If one does, be prepared to change your bias to short! Trade Idea Long Entry : $0.325 Stop Loss: $0.319 Take Profit: $0.340 Risk/Reward Ratio: 1:2 Key Takeaways 1. Bull Channel, Bias to Long! 2. Broke out of Previous Resistance, Now Testing Support. 3. RSI at 56.00 and below Moving Average, Bias to Short. 4. Wait for a Bull Confirmation Candle Above Support. 5. Long 1:2 Risk/Reward, Stop Loss below New Support. You are solely responsible for your trades, trade at your own risk! If you found this analysis helpful, click the Boost button and let us know what you think in the comment section below!
Long
by TraderEngineering
6