FTMUSDT
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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FTM CAN GO UPPERHi, 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 is Trapped, What Now?FTM is trapped between two levels, so what happens now?
What is FMT? Fantom (FTM) is a decentralized blockchain platform designed to facilitate instant transactions at low fees, making it ideal for businesses and developers who need to process large volumes of transactions.
FTM’s current situation
FTM experienced an impressive rally recently, with its value increasing by 220% from January 1 to February 3. Despite this surge, FTM is still priced relatively low compared to its all-time high, which would require a further 600% increase in value to reach.
However, FTM has been struggling to break above the $0.66 resistance level and is currently trapped between the $0.66 resistance and the $0.40 support. If FTM manages to break through the current resistance level, the next levels it would have to overcome are $1.00 and $1.60.
On the downside, if FTM breaks below the $0.40 support, $0.165 is the next significant support level. However, given the current market conditions, it is unlikely that the price will drop that low. Instead, the 200 Simple Moving Average (SMA), which acts as a mobile support and resistance, is a more probable level of support.
Bottom Line: FTM is an exciting cryptocurrency to watch as it continues to gain popularity and attract investors. Its low transaction fees and fast transaction times make it an attractive option for businesses and developers. However, as with any investment, it's essential to do your research and proceed with caution before investing in FTM or any other asset.
FTMUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for FTMUSDT
In this chart, R3, R2, and R1 are our resistance areas in which the unsuccessful triumphs of price is clearly seen. And at the bottom of the chart, we have S1 that used to be a resistance area in the past. Presently, the price was rejected at R1 and now it is fluctuating below this area. We believe the price is able to continue its falling trend to touch S1. Then there will be two options. By having some rising signs and more fixation, an increase will happen to higher amounts such as R1 or higher. But if the price is not supported when it reaches S1 and it gives us some falling signs, definitely it would face a decline to lower amounts. In case you are in favor of experiencing profitable trades and wise actions in your analyses, we have several points and tips in our updates; so follow us all the time.
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
FTM - Long - a Rough IdeaFTM - 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.
Expecting Bitcoin to go to 22425 then bleed to the (12345 move) 208060 region.
Let's see how it plays out,
Thanks for your comments.
Always use stop loss/Risk Management.
FTM Buy Limit 😎✅😎✅😎Hi dear traders
FTM has formed Ascending Triangle 🔺️.
If breakout correctly, we can open long position and take some profit 📈.
We are trying to take profit in short term.
All targets specified.
Waiting ✋breakout ceiling of triangle.
Let's see what happens
This is not financial advice ( DYOR )
Good luck
FTMUSDT 1H - Crucial pointFTMUSDT 1H
FTM has reached a crucial point, where the buying force is forced to continue or the price breaks above resistance, and will look for the 0.5783 region. In case of rejection, you may experience supports between 0.5357 and 0.5184.
We follow the supports and resistances no 1H:
Main support levels : 0.5357 / 0.5184
Main Resistance Levels : 0.5183 / 0.6013
MACD is neutral
RSI : Exhaustion Buying Forces
EMAs are neutral
FTM has reached a crucial point, where the buying force is forced to continue or the price breaks above resistance, and will look for the 0.5783 region. In case of rejection, you may experience supports between 0.5357 and 0.5184.