FTM/USDT 1DInterval Resistance and SupportHello everyone, I invite you to review the FTM chart this time on a one-day interval. As we can see, the price is moving in the downtrend channel, which we have marked with blue lines.
Let's start by marking the support spots for the price and we see that we have the first support at $0.35, the second very strong support at $0.27, and the next support at $0.16.
Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that first we have a resistance zone from $0.44 to $0.48, then we have resistance at $0.51, then we have a second strong resistance zone from $0.55 to $0.59, once price breaks it it will move towards resistance at $0.65 .
It is worth paying attention to the EMA Cross 10 and 30, which clearly indicate the place of entering the downtrend.
The CHOP index indicates that there is some energy left for further movement, the MACD indicates the continuation of the downward trend, while the RSI is moving in the lower part of the range and is approaching the lower limit, thus creating room for new increases.
FTMUSDT
FTM/USDT 4HInterval Resistance and SupportThe last one in today's chart is the FTM vs. USDT chart. First, we will use the white line to mark the main trend that the price must overcome, but locally, with the blue lines, we will mark the downtrend channel in which the price is fighting for an uptrend.
Moving on, we can move on to marking the places of support. And here we can immediately see that the support at $0.41 is very strong and held the price, but looking further, the next support is at $0.36.
Looking the other way, we see that the price has hit an important resistance zone from $0.43 to $0.46 that it has to face. Then we have resistance at $0.48, then a second zone from $0.50 to $0.53, and another resistance at $0.57.
Please take a look at the CHOP index, which indicates that we have a lot of energy for the upcoming move, the MACD indicates that we are moving in a local uptrend, while the RSI has gone to the middle of the range and there is still room for further increases.
FTMUSDT (FANTOM) Daily: 04/03/2023: 🔴Please read the caption🔴
The bears show weakness on the Fantom chart.
The price had a bullish reaction after collecting liquidity below 0.411 and a low time frame demand zone supported the price very well.
On the other hand, there is a huge liquidity pool above 0.4762 that can be interesting for the price.
For that, the price can re-test the demand zone or rise from here.
The final target can be the supply zone
💥Important note: It is a high-risk opportunity, and if the price breaks the demand zone, this TA is invalid.💥
💡Wait for the update!
🗓️04/03/2023
🔎 DYOR
💌It is my honor to share your comments with me💌
🔥FANTOM WILL BE A TOP GAINER SOON. BEST PLACE TO OPEN A LONG!🔥Hi, friends! Fantom was the top gainer before the pullback. Almost 200% from the bottom.
I think that after this pullback, we will see one more pump of this alt. So I recommend you not to miss the entry point.
📊 TRADING PLAN FOR FTM:
🔥 test the $0.44-0.45 value area as the support
🔥 volume growth means that the bottom for FTM reached
🔥 bullish BTC
🚩 The $0.41 key level is a second possible entry point. Pay attention to this too!
✅ THE MAIN TARGETS FOR FTM:
1. $0.6 - the key level and local highs
2. $0.65 - the key level and local highs
3. $0.75 - the key level
Traders, what are your expectations for FTM? Will it reach $1 at this local bull market? Write in the comments!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
To get out of the bottom section...Hello?
Traders, welcome.
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Please also click "Boost".
Have a good day.
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(FTMBTC 1W chart)
The question is whether the price can sustain it by rising above 0.0000 2029.
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Depending on how the candle closes this week, we can see that the HA-High indicator on the 1W chart forms at the 0.4808 point.
If the price is maintained above the HA-High indicator on the 1W chart, it is expected to continue its mid- to long-term upward trend.
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(FTMUSDT 1D chart)
The question is whether the price can sustain its rise above 0.5366.
If it rises above 0.5366, it is expected to break out of the bottom.
A full-fledged uptrend is expected to be possible when the price maintains a move above 0.7534.
It needs to be confirmed that it can rise with support around 0.4257-0.4417.
If not, it is likely to fall to around 0.3339.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
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FTM ANALYSIS (4H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the FTM symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
FTM FANTOM its time to go up +50% +++Fantom is a highly scalable blockchain platform for DeFi, crypto dApps, and enterprise applications.
****
What is FTM used for?
Résultat de recherche d'images pour "fantom FTM what is"
FTM is used for network fees, such as transaction fees and fees to deploy smart contracts or to create new networks. Without a minimum barrier, the network would be an easy target for spam, ultimately hampering the performance and filling the ledger with useless information.
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FTM - Long rough Idea
This is an update for FTM -
This is my expected price action for the coming days. I WILL FOLLOW FOR THE NEXT BIG POTENTIAL PUMP/DUMP.
Let's see how it plays out,
Thanks for your comments.
*Always use stop loss/Risk Management
Fantom: its only a drawing not a invesment advice. In my opinion, Fantom has formed a double top, which can be considered a sign of the failure of the upward trend and the return of the price to lower levels.
How to Take Profit On The Double Top Chart Pattern: Use the previous low (support levels) to set take-profit targets. Or another option would be to measure the distance between the neckline and the highest peak (the range) and use that difference in pips as take profit target if you are trading the breakout from the neckline (The Ultimate Price Action Trading Guide, 2014).
FTM/USDT 4HInterval Resistance and SupportHello everyone, I invite you to review the FTM chart in hand to USDT, taking into account the interval of four hours. First of all, with the help of blue lines, we will mark the inheritance trend channel, in which the price is currently moving.
Going further we can go to select the places, for this we will use the Trend Fib Extension Trend tool. And here the first support is at a price of $ 0.45, we have the second support at the price of $ 0.41, and then the third support at $ 0.36.
Looking the other way, we see that the price cannot break the first resistance zone from $ 0.48 to $ 0.50. However, if you can get out of the downward channel and pierce the resistance zone, the next zone is from $ 0.53 to $ 0.55, when the price overcomes it, the third resistance is at $ 0.58 and the fourth at $ 0.62.
Please look at the Index Chop, which indicates that we have a lot of energy for the upcoming movement, MacD indicates that we maintain a local upward trend, while we have a relaxation to RSI and move in the lower part of the range, which may indicate upcoming growth.
FTMUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
Entry: market and lower
Targets: 0.6 - 0.7 - 0.8
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM.
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
FTM Cup& Handle!KUCOIN:FTMUSDT
FTM is sitting in a 4h Cup & Handle.
Could print double bottom for bottoming out structure which would still be a higher low from previous double bottom.
Look to enter break level.
SPX at 200D as support though futures has opened so far.
If you liked this idea or if you have your own opinion about it, write in the comments.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
Which area is stronger?It seems that we are completing wave 4 and we can buy at the end of the wave. Both specified supports are valid, if a buy signal is issued in this range within one hour, the purchase is made
⚠️ This Analysis will be updated ...
👤 Banipal : @hosseinbakrani
📅 02.26.2023
⚠️(DYOR)
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