FTMUSDT
The price fluctuationsThe buying pressure in the weekly timeframe caused a temporary break of the $0.50 range. But price stabilization has not been observed in the weekly timeframe above this area. 5 consecutive weekly candles and breaking the previous static resistance levels is a very strong sign for the continuation of this movement after the correction. After the price of Fantom entered the corrective wave, the first important support is located in the range of $0.36-$0.38, where we expect a positive swing from this range.
But the second support of FTM is considered in the range of $0.278 to $0.320. This support level is an important supply and demand range in daily time, which has the potential for a stronger positive reaction. Its trend in the 4-hour timeframe is bearish, for which we can consider a bearish channel. The continuation of price fluctuations in this range is expected.
FTMUSDTHello dear friends
In the daily time frame, by reaching the resistance range of $0.5312, a Cypher harmonic pattern has been formed. A negative divergence of the RSI is not associated with this harmonic.
If the support range of $0.35 is completely consumed, the possibility of continuing the downward trend to the price area of $0.2424 can be considered.
Until the $0.5312 range is fully consumed, we have no intention of forming an uptrend in the medium term.
In the four-hour time frame, the RSI indicator has issued a negative divergence compared to the previous price ceiling.
We would be happy to hear your comments
$FTM Down to .328 then up to .87FTM appears with will hit the bottom of the weekly candled breakers. The smart money fib, that breakewr runs between the smart money buy, getting alot of retail to buy early, then sell thiniking it's gonna sink then back uip to when I would recommend.
Entry - .33
SL - .232
TP1 - .49
TP2 - .69
TPT3 - .87
KUCOIN:FTMUSDT
BITSTAMP:FTMUSD OKX:FTMUSDT.P
F\ KUCOIN:FTMUSDT.3L
BITFINEX:FTMF0USTF0LONGS
$FTM - could give us a SHORT opportunityHello my Fellow TraderZ,
$FTM in a recent uptrend literally ripped up the Shorters. But here could be an opportunity ONLY if we lose the Support of Line & the EMA 50 on 4 HTF.
Will see some strong retracement in downward around 15-20%. It could retrace more up to $0.32-$0.35, but will see that if #BTC starts behaving like a Bad Boy.
Get ready, observe the conditions, wait for Lower Low and just Hammer in CAPO style.
CHEERS!!!
FTM amazing profits after my call ! What next?FTM / USDT
FTM was one of strongest coins in this bullish wave
In less than 1 month it made more than 180%(spot) after my call in 8th January last month
See my previous idea here : ⬇️
WHAT NEXT ?
I recommend secure some of your profits As you can see in my chart we approaching strong resistance between 0.75$ and 1.10$
Big rejection can happen here however if it could break it the next will be the previous ATH or even more
Appropriate your support by likes and comment for more ideas like this one
$FTM Technical Analysis - R Fair Value Gap Turned Support *SMC**SMC* = Smart Money Concepts. See related Ideas for tutorials
In Smart Money, there are specific candle formation that will lead to a lot of clues to price action results. Yesterday FTM was the product child of those clues. Currently, the price has hit the top od the daily / weekly fair value gap. I just closed my long position because I expect it to retrace to thebottom of the weekly fair value gap, which in turn is also a breaker. These will act as support so once price reaches $0.548 we should see that support start working it's magic
Current chart label (1) Lower time frame
(2) It could retrace to the bottom of the order block which would balance the chart on a weekly level and then would also turn bullish at$0.51885 - See chart two higher time frame
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2
We shall see good luck and happy trading