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FTMUSDT

FTM 1st wave breakout - longtermTLDR - Longterm targets: 5$ and 9$ ------------- As I mentioned in a previous idea, I believe FTM broke the zigzag correction in october of 22. Historically speaking, the Elliott Wave Theory fits like glove on this token, so my selling strategy will be according to that same theory as well, besides the usual indicators. FTM is a low profile token that actually solves problems and the FTX shambles was what prevented the first impulse to carry the price action. It was hinted then and it's obvious now that the exchange's debacle and its native token was a "small" stone on what already seemed back then a clear path to my long term targets of 5$ and $9. They still stand. I don't know how long it will take, but it's now confirmed that the journey already began. ¡See you there! ---------- DYOR
Long
by Zerkaalo
FTMUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a 4-hour-time frame analysis for FTMUSDT There are R3, R2, and R1 on the top of the chart which are the resistance areas and all represent the unsuccessful triumphs of the price to rise at several points. S1 is support line and as you observe, S2 is our long-term support area with the support of price even since the past. Thus, we see the fluctuation of price over R1. Our expectation would include two options here. Either the price is able to be supported and by giving us some rising signs, we must wait for its more increase to higher amounts such as R2 (which is a great point for saving your profits). Or it is even possible that the price loses the support and starts its falling trend down to our support areas. So in this situation, a decline will take place. Please consider the market situation in lower time frames and then decide what to do exactly; based on the multiple pieces of information which you would obtain from our analyses and updates. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
by MarsSignals
FTM breakout - the $1 is inevitable - shortermFTM just broke the trendline with a retest after a beautiful inverse head & shoulders. I think now we're going to see the 3rd elliot wave, which is in most cases the biggest impulse, according to the Elliot Wave Theory. In a related post I said previously that FTM would very much likely explode, and that $0.22 was a great level to go long (see my related ideas). But in case you've missed it here's another stop before the dollar mark. I know I should have probably made this post earlier: it was clear even at $0.30 back in March, that a long position was still valid and it was a great opportunity to fill the bag. I've opened a long at 0.22 cents and my targets are HKEX:5 and $9. Will FTM go literally off the chart? The answer is brighter each day. ------------------------- DYOR
Long
by Zerkaalo
FTM trading inside of a Triangle The price of an asset moves within a narrowing range over time, forming a shape that resembles a triangle. Given the possibility of a breakout in either direction, one trading strategy is to wait for a clear break of the triangle pattern in either direction before entering a position. This could be done by setting up buy and sell orders on both sides of the triangle, with stops and limits placed accordingly to manage risk. It's worth noting that trading within a triangle pattern can be risky, as there's no guarantee that the breakout will occur in either direction or that it will be sustained. Therefore, traders should use proper risk management techniques and be prepared to adjust their positions quickly if the market conditions change.
BINANCE:FTMUSD.P
by PavlOK
✴️ Fantom Has So Much More To Give (260% This Wave)Here is another one that looks pretty good. We looked at FETUSDT and we see the exact same pattern, the exact same chart but this one is lagging a bit behind, which is good because it means that it will go up next. What one does, the rest follows. Here FTMUSDT (Fantom) is set to grow now that the correction is over, notice the Doji last week. All the signals are 100% bullish. ✔️ The current candle trades above EMA100. ✔️ The MACD is bullish with plenty of room available for additional growth. ✔️ The RSI is really strong. We can see 260% happen on this current wave but there can be more of course, long-term. This is all only the beginning. The Cryptocurrency market will grow for years to come. Higher highs and higher lows. Namaste.
Long
by AlanSantana
4
$FTM - Odin Zone$FTM - Odin Zone. So the first thing I want us to notice here is the FSS doing pretty good on this timeframe. Even the second buy signal during the drop yielded 13% upside. In a previous iteration of this chart, the .618 zone barely gave any resistance to the drop. It led me to believe, that we might have had a full run here (12345). After adjusting the fibs, we see that the golden pocket held much better, with just a small few wicks under the pocket. As a result, I moved my original Odin zone to favor a lower entry at the new .786 point. The waves are ever evolving as we chart them. As Elliottists, we must be constantly updating what we see to reflect the new price action. But in general FTM always makes great looking, textbook waves, which is why it is one of my favourite coins to look at on a consistent basis.
Long
by FlokiCrypto