FTMUSDT
FTMUSD - ShortLooks like a nice double top playing out. Half-size now, will add on a break below of 0.23. Should be a swift move down once that happens.
Starting with a wider stop but will cut if we see a close above 0.25 and re-evaluate together with the PA of BTC.
However, for now looks like a good short
FANTOM - FTM flexing - Andre's ProphecyFANTOM - FTM flexing - Andre's Prophecy
Update DEC 2022 ;
Andre posted some pumpy financial stats. FTM immediately initiated an off the bottom pump structure.
His stats etc are indeed very bullish for FTM's future (basically have massive cash dev runway/managed/ponzid their way to a very strong position going forward). That means DEFI round 2 will prob see FTM rocket up the ranks faster on the next bubble.
Long term accumulation imo.
May have one leg down; if BTC does the 10k thing then make no mistake FTM will PLUMMET; even if it has a big future. because; its a shitcoin and it went up so much already. like RUNE.
We seem to always be at a pivot, but here is another one here. if the price action produces another strong roll over, exit all markets and watch out below; if we keep grinding up like this its going to quick moon and buckle up.
Catch the ratio with higher risk FTM small cap plays; SPIRIT - BOO - LQDR etc
$FTM - doomed in Lower TimeFrameHello my Fellow TraderZ,
In my previous analysis about $FTM on Daily, I made a cautious statement regarding its PULLBACK to test the EMA55 on Daily at the least.
If you see here on lower TF, price has broken the support TL. So, I am expecting a slight above move to retest the broken TL(looking at S.RSI) and continue the down path.
BUT If the price reclaims the TL then this down move would be a FAKEOUT & price could once again tend to retest the Major above TL(Daily).
Be patient, anyside $FTM will move rapidly.
Happy Trading. CHEERS!!!
FTMUSDT.P - 4H Ichimoku levelsHere we trade FTMUSDT.P using 4H Ichimoku support/resistance levels.
Note: this is not a high probability trade, so we enter with relatively low volume and place our stop close to our entries. If markets run against us, we'll take a comfortable loss and not suffer too much.
What do we see?
In our opinion, FTM did not yet reach its target: the orange zone indicated on the chart. This zone would be our price range to look for a short entry.
Since we did not yet reach our target, we are willing to play the long. Key to this descission is the slight increase in momentum on the last high formed, RSI(14) made a higher high compared to the latest RSI high. Had we not seen this increase in momentum, although very small, this trade would not have been on our list.
Once again, prices might just as well go down further. Meaning we will get stopped out. But since we don't take crazy risks here, we're comfortable with a potential loss. In that case we'll just set an alert and trade the zone at a later time.
Remember: this is just an idea, NOT financial advice. Please do NOT take this trade, as it may run into a loss. Only take trades that fit YOUR plan and/or risk tollerance. If you did like this idea consider giving it a boost. Happy trading!
FTM touched the first target!FTM touched the first target!
FTM had good price growth during the last week. After buyers supported it in the $0.17-$0.18 range, Fantom's rally pushed the price closer to the ceiling of the descending channel. A resistance was considered in the range of 0.260 to 0.258 dollars, and the first contact to this range was associated with a negative reaction. But there is an important resistance in Terri in the $0.300 range, which can be a profit-saving place for some short-term buyers.
Given Fantom's impressive rally against many altcoins in the event of a correction, the target range for reactive support is $0.190-$0.20, which is yet to see a pullback to this level. In the 4-hour time frame, a range zone is observed below the $0.260 range. If the resistance is broken, the price growth can continue as long as the width of the channel range until the price hits the ceiling of the channel. So as mentioned, resistors are prone to negative reactions and should be monitored carefully.
$FTM - Just a matter of TimeHello my Fellow TraderZ,
#FANTOM $FTM - consolidating near the TL. Well I wish this one to break upward for some handsome profit.
But if you see on DTF, S.RSI is on overbought territory, which could bring price further down towards $0.2050-.2175.
Well I am just sitting and waiting for either the pullback or break the TL.
CHEERS!!!
FANTOM Cup & Handle Bullish Build UpKUCOIN:FTMUSDT
FTM is still looking strong for a Long and this is an update to previous idea.
Not broken yet but printed build up for more reliable breakout.
On breakout SL under breaking candle.
Entering the breakout before the breakout? ... stop loss under build up
Possible upside targets 0.2733, 0.2910, 0.3128.
* Learn to buy support - see the lower horizontal rays to understand how to build edge.
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.
FTMUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for FTMUSDT
Here we see R2 and R1 as our resistance areas which both contain the disability of the price to rise. And S1 is a long-term support area at the bottom of the chart which represents the support of price since the past. Presently, we have the fluctuation of price over S1 and we believe it will fall to this area again and by giving us some rising signs, an increase is expected for the price to higher amounts such as R1 or R2. If the price loses the support at any point, even by reaching R1, it will experience more decline then. It is highly recommended to activate your stop-loss points for the purpose unstable situation of market.
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
FANTOM Bullish Pennant!KUCOIN:FTMUSDT
FTM has had a strong run and possibly breaking out of Bullish Pennant for upside to 0.2733, 0.2910, 0.3128.
Learn to buy support - see the lower horizontal rays to understand how to build edge.
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.