FTM has a dropWe have reached the weekly resistance and weakness can be seen in the upward trend. A liquidity pool is created under the candles.
It is expected that the liquidity pool will be broken and we will move towards the green box
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
FTMUSDT
FTM doom predictions and golden opportunityFTM looks bearish.
Expecting a small bounce and getting rejected from the resistance .
Many altcoins have started making new lows so we believe that FTM will catch up and 0,1590 support will fail.
Looking for a buy orders in the green area:
0,055 - 0,038 usd
Long way to go. FTM may drop another 80 % from the current levels.
2 possible scenarios are shown on the chart.
Short it at the resistance or wait for a price to reach the buy zone .
Do you agree? Feel free to leave a comment
Fantom – Channel BreakoutFantom is in a downtrend since February 2023.
Fantom’s PA created a descending channel, with the 50D EMA acting as additional resistance.
Today (October 23rd), FTM broke out of the channel and formed a bullish ChoCh.
Fantom presents a long opportunity. IMO, you should consider the following factors:
Pros:
1. FTM is above the 21D & the 50D EMAs.
2. Channel breakout.
3. FTM is above the immediate resistance level of 22 Cents.
Cons:
1. the daily RSI is elevated. Daily RSI is at 74. I am not sure it can support continuation without a pullback.
2. The channel resistance line was not tested as support.
3. the 22 Cent level was not tested as support either.
4. Fantom made more than 25% gains in five days. This pace is unsustainable.
Suggestion:
Wait for a pullback. A pullback will confirm the trend and show us where the support is.
Possible Trade Ideas:
Trade Idea 1:
• Entry: 0.21 (ChoCh line)
• SL: 0.19 (just below the 50d EMA)
• Target: 0.31(weekly resistance)
• TP: 0.26 (200D EMA), 0.31
• R: R: 1:3.8 to first TP.
Consider leaving some on the table. FTM could go much higher.
Trade Idea 2:
• Entry: 0.22 (local s/r flip)
• SL: 0.205 (ChoCh line)
• Target: 0.31(weekly resistance)
• TP: 0.26 (200D EMA), 0.31
• R: R: 1:2.8 to first TP.
Consider leaving some on the table. FTM could go much higher.
NFA.
What do you think? Please share in the comments.
Best Wishes.
FTM/USDT bullish horizon? 👀 🚀 FTM Today analysis💎 Paradisers! FTMUSDT is currently on the radar, nearing a potential break above its supply zone, signaling a heightened likelihood of a bullish trajectory.
💎 After its recent emancipation from the descending channel, FTM has been charting an upward course. Presently, there's a strong probability it will approach and potentially challenge the supply level at .2169.
💎 Should it successfully surpass this threshold; the odds lean towards targeting the primary supply zone. However, if the coin faces resistance and doesn't breach the supply, there's a chance it might seek bullish momentum from the demand level at .1949
💎 The VRVP's notable volume further underscores this potential shift, suggesting a pivotal moment when the price converges on that mark. A descent below this point, however, could tilt the scales towards a bearish outlook. Stay informed and strategize accordingly!
The key is whether it can rise above 0.2413Hello?
Hello traders!
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-------------------------------------
(FTMUSDT chart)
The key is whether it can receive support and rise in the 0.2002-0.2732 range.
(1W chart)
The key is whether it can receive support and rise in the box range of 0.2127-0.3683.
(1D chart)
It is necessary to check whether it can rise beyond the previous box range of 0.1669-0.2733.
To do so, the key is whether the price can be maintained above 0.208 and rise above the M-Signal indicator on the 1W chart.
Accordingly, it is important to be able to maintain the price above 0.2413.
-------------------------------------------------
The important support and resistance point on the current chart is at 0.4484.
Therefore, you can set the 0.4484 point as the target point.
If you have set a target point like this, you must create a trading strategy to determine how you can wait until this target point.
If you are thinking of waiting as a trading strategy, it is better to place a pre-order at 0.4484 and not look at the chart.
If not, you must focus on stabilizing your psychological state and making it possible to wait until the goal point.
--------------------------------------------------
- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
-------------------------------------------------- -------------------------------------------
** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
SasanSeifi 💁♂️FTM/USDT 👉1DHey there!😎 In the daily time frame, as you can see, after a price decline from the $0.17 range, there was a positive reaction, and it is currently trading within the price range of $0.19 while following a downward trend line. In the daily time frame, one can expect that if the downward trend line is broken and the price consolidates above the $0.20 range, we may see the price experience further growth after a minor correction and pullback to the level of the downward trend line, potentially reaching the significant supply zone at $0.24.
For a better understanding of the continuation of the price movement, it's important to observe how the price reacts when approaching resistance levels. The likely trend is also indicated in the image above. Maintaining the support range of $0.17/$0.16 is very important. Additionally, in case the price gets rejected from the $0.20 resistance range, there is a possibility of witnessing a sideways trend.
✨What's your opinion? Do you agree?
🔵Remember, always conduct your own analysis and consider other factors before
making any trading decisions. Good luck!"✌️
❎ (DYOR)...⚠️⚜️
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!
if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌✌
FANTOM BULLISH SETUP🚀🚀🚀The Liquidity Abyss:
At the lower price levels, FANTOM (FTM) presents a peculiar scenario: a deep well of liquidity that seems resistant to being outmatched. This situation can be seen as the result of strategic market dynamics and could pave the way for a promising uptrend. 🌊🚀
Imbalance as a Catalyst:
The key to unlocking the bullish potential lies in mastering the weekly imbalance at the $0.5 level. An imbalance refers to a situation where a significant excess of either buy or sell orders accumulates at a specific price point. Breaking through this imbalance can trigger substantial price movements. 📊🌕
Trading Strategy:
Monitor Weekly Imbalance: Keep a close eye on the weekly imbalance at the $0.5 level. A successful conquest can be a defining moment for FANTOM's price.
Risk Management: Implement solid risk management strategies to protect your investments in the event of unexpected price movements.
Fundamental Awareness: Stay updated on FANTOM's fundamentals and market news that may influence its trajectory.
Conclusion:
FANTOM's journey reflects the intricate dance of liquidity and imbalances in the cryptocurrency market. The promise of a bullish surge, driven by a well-timed strategic move, is an enticing prospect.
Remember, the crypto market is rife with complexities, and the potential for manipulation always exists. But, with a keen eye, a well-thought-out strategy, and a cautious approach, you can navigate these waters effectively.
The liquidity abyss might just be the starting point for a remarkable journey ahead.
❗️Get my 3 crypto trading indicators for FREE! Link below🔑
FTM HACK NEWS: NEAR TWO YEAR SUPPORT Recently, the company of the coin, Fantom Foundation were the latest victims of coin hacking. From a price perspective, this can be a bearish sentiment for traders as it questions its overall security and integrity of the blockchain. For more detailed information regarding this news, check out the links listed below (all on TradingView):
www.tradingview.com
www.tradingview.com
In this weekly chart of BINANCE:FTMUSDT above, the price is on pace of touching the support line for the third instance from July 2021. The coin is still on a downtrend and a breakdown could be possible if we will have another hacking cryptocurrency, hopefully not.
On an indicator perspective, our RSCD (RSI and MACD) is still bearish from a daily perspective.
Thus, I still have bear bias for the coin unless we see a bullish reversal by looking at the chart below. I plotted a months-long resistance line for a potential breakout scenario. This could happen before the month ends.
Always plan your trades.
Happy trading :)
FTM to 0.1?Remember this is only based on H&S pattern and FTM formed it perfectly. Neck is at 0.15 and FTM holding 0.15 area since February 2021 which means breaking it below will be crucial. If we get confirmation on breaking neck we might see FTM around 0.1 which still means could stay in bullish in 1W and 1M TF. But remember there is a huge support zone around 0.05.
Focus on FTM : Breakout on the Horizon with Rising Momentum💎Yello Paradisers! Prepare yourselves for an exciting journey with FTMUSDT. We've identified a successful exit from the descending channel, laying the foundation for a likely bullish rise.
💎Based on our previous evaluations, we observed the transformation of demand into supply, with FTM making contact with the lower channel support.
💎Currently, the notable volume in VRVP is hinting at a potential upward journey shortly. Surpassing the monthly resistance is expected to strengthen this upward momentum.
💎On the other hand, if the price penetrates the 0.1707 level, it may escalate the bearish momentum, with the price potentially reapproaching the previous support level.
💎Proceed with prudence and apply rigorous stop-loss protocols for trading Fantom. Remain alert to the unfolding market scenarios and stay updated with more insights!
FTM 40% pump is incoming 🆓🚦📌 #dyor
💰 Position size :: 1%
💱 Leverage :: cross ➖ 2-5x
🪙 UPCOM:FTM -USDT 📌
#futuretrade :: ↗️......🌴
#BUY :: $0.2160 - $0.2397 ( split % 💰 )
🎯
:: $0.2683
:: $0.2959
:: $0.3478
Stop 🛑 lose #SL :: $0.2056 🚏
📌 always move stop lose #sl
when target get reached 📌
#risk :: medium #scalping
#explanation 👉
day looking good 🙂 but weekend bearish 📍 let's hope postive
FTM Full Analysis For Long-TermHey Guys… How are you today? 👋👋
It's a new day and I want to talk about FTM (Fantom)…
✔️ Before that, I want to remember It's not financial advice.
✔️ I'm just sharing my view and opinion of the chart. Please see and think about that. The situation is so complicated.
It's my duty to tell you something honestly.
But, first, I ask you to Like my analysis, follow me, and Share this analysis with your friends.
It will give me more positive energy to publish more analysis.
So, thank you for your support.
Let's go into details.
As you see, we have Three Main support zones. The first one is around 10-11 Cent, the second is between 5-6 Cent and the last one is around 3.5-4.2 Cent.
Buying on Shadow will be very exciting. So, I will put my order on 4 Cent.
I'm sure the first support will be lost soon. If you check this asset's chart in the weekly frame, you see a Head and shoulder pattern that the neckline is breaking.
So, we have to focus on this support and it's very important to us to money management.
By the way, there is good news for FTM, if you can buy FTM at the lowest level, this asset will give you a huge profit of more than 50,000% at the end of the Last Bull Market.
If you need to analyze in another time frame, for example, 4H or 1H, please send me a message
It takes about 4-5 Years. I think you should know the worth of this asset and this huge profit … can you imagine this profit? 🙈 🙈
I want to buy and hold FTM on 3rd support zone and my final target to sell is around 20 USD.
I'm sure you are confused right now. But it's ok and there is no problem. Time proves everything.
If you have any questions, or if you need to know more details please don't hesitate to contact me.
🙏🙏 Please don’t forget to like 👍, follow ✌️, and share 👌 this analysis with your friends. Also write your comments below, Do you agree with me? do you think we are still on a downtrend? and what is the last target of this downtrend?
Thank you so much for your attention and participation 🙏🙏
Wish you the best 🧞♀️
Sincerely Yours
Ho3ein.mnD
FTM ANALYSIS (1D TF)Examining the waves, I found that FTM inside a time-consuming diametric. This corrective diametric is large and time consuming and is related to the daily time frame. Now, we seem to be inside this diametric wave E, which itself is a diametric. I have drawn the expected movement path from FTM on the chart. I have such an expectation from FTM.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You