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FTMUSDT

Fantom FTM Is The Strongest Coins In Bull Run 2024Hello, Skyrexians! Let's continue to observe fundamental crypto assets. Today we have BINANCE:FTMUSDT on the plate. This crypto showed one of the best performance in March 2024 and did not break the previous low. In conjunction with the very dynamic first bull run we can assume that this asset can outperform the market in the upcoming month. On the weekly time frame we marked the previous bull run as the global wave 1. After that asset's price showed corrective wave 2 in the shape of ABC zigzag. This wave has not been even able to break 0.38 Fibonacci retracement, which means that this crypto is very strong. It's likely, that currently price is printing global wave 3. Subwaves 1 and 2 has been already finished and the most impulsive wave 3 inside 3 has been started with the green dot on the Bullish/Bearish Reversal Bar Indicator . As always, alerts from this indicator are automatically replicated on my accounts. You can find the information in our article on TradingView . This is very strong reversal signal and this wave has the target area between 1.61 and 2.61 Fibonacci extension levels at $6 and $10. Best regards, Skyrexio Team ___________________________________________________________ Please, boost this article and subscribe our page if you like analysis!
FLong
by Skyrexio
9
TradeCityPro | FTM : Preparing for a Potential Rally👋 Welcome to TradeCity Pro! In this analysis, I will be reviewing the FTM chart. This project is a Layer 1 blockchain, which has recently gained significant attention and buying volume due to its new airdrop initiative. 📅 Weekly Timeframe: Preparing for Another Rally In this timeframe, after several months of base formation around $0.1793, the price has now broken through $0.5535, with the next resistance at $1.0785. If the price successfully stabilizes above this resistance, the probability of reaching the ATH at $3.292 increases significantly. 📈 If the RSI oscillator breaks through 62.1, bullish momentum will enter the market, increasing the chances of breaking the resistance and pushing toward the ATH. However, the most crucial factor right now is volume. So far, the main buying volumes haven’t entered the market. Until this happens, the likelihood of breaking the resistance remains low. 📅 Daily Timeframe: Close to Breaking Resistance On the daily timeframe, after breaking $0.5384, the price has pulled back toward this level and the SMA 99. It has now reached $0.8401, with a significant support level at $0.613. 🔼 The first long trigger in this timeframe is $0.8401, with a target of $1.1448 if this level is broken. However, as mentioned in the weekly analysis, volume remains low, and until larger volumes enter the market, the moves in the market cannot be deemed reliable. 🔍 If the price is rejected at $0.8401, it may pull back again toward the SMA 99 or even revisit $0.5384. 🔽 Currently, there isn’t a suitable short trigger in this timeframe. Personally, I will wait for lower highs and lower lows before considering short positions. 👑 FTM/BTC Analysis On the daily timeframe for the FTM/BTC pair, there’s a long-term range between 0.00000676 and 0.00001129, with price once moving to the high at 0.00001794 and another time to the low at 0.00000541. Currently, the price is battling resistance at 0.00000817, which is within this range. 🚀 Breaking this resistance, coinciding with $0.8401 on the USD pair, would be a solid confirmation for entering spot buys or futures positions. The next resistances are at 0.00000991 and 0.00001129. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
FLong
by tradecitypro
3
FTM Long Spot Trade (Trading at Support)Market Context: FTM is currently trading at a support level, with the price oversold on the 4-hour timeframe. This setup presents a favorable opportunity for a long trade, expecting a bounce from this area. Trade Setup: Entry: Around $0.66 Take Profit Targets: First target: $0.76 - $0.78 Second target: $0.82 - $0.84 Stop Loss: Just below $0.645 This setup takes advantage of oversold conditions and support alignment, with a strong risk-to-reward profile.
FLong
by Richtv_official
3
FTMUSDT - Inverse Head & Shoulders - A Prime Long Opportunity?1.) Quick Overview On the FTM/USDT 4-hour chart, an inverse Head & Shoulders pattern is shaping up, often hinting at a bullish reversal. If the pattern completes, this could offer an excellent long setup. The key level to watch is around the mOpen at $0.6555, where the price is expected to dip and complete the “right shoulder,” potentially setting the stage for a strong bounce. 2.) Deep Dive: Chart Analysis Inverse Head & Shoulders Pattern: - Left Shoulder: Formed near $0.6342. - Head: A deeper low at $0.4744, marking the low point of the pattern. - Right Shoulder (In Progress): Expected to complete around mOpen at $0.6555. If the price touches down here and holds, it could serve as an ideal long entry point. Fibonacci Retracement: - The 0.382 Fibonacci retracement level aligns near $0.6555, supporting the right shoulder as a potential bounce zone. Key Levels to Watch: - mOpen at $0.6555: This is our primary entry level, where the right shoulder could find support. - VAL (Volume Area Low) at $0.6324: Another important support zone where the anchored VWAP also aligns, reinforcing this area as a significant base. If the price dips below mOpen, the VAL may act as a secondary support level. - VAH (Volume Area High) at $0.7262: Our initial target if the inverse Head & Shoulders completes, with potential for further gains. Volume Profile: - Increased volume near the head formation suggests accumulation, supporting a bullish scenario if the right shoulder completes as expected. 3.) Trade Setup - Entry: Look for a long entry around $0.6555. - Stop Loss: Place the stop loss just below $0.58 to manage risk if the pattern fails. - Target: Initial target at $0.7262 with room for more upside if the breakout continues. - Risk-to-Reward: Favorable setup with solid support and a high-probability bounce area. 4.) Final Thoughts - With the combination of the inverse Head & Shoulders, support at mOpen, Fibonacci, and anchored VWAP at the VAL, this FTM/USDT setup looks promising for a long position. Watch for confirmation around $0.6555 to see if the right shoulder completes. Disclaimer This analysis is for educational purposes and should not be taken as financial advice. Always do your own research and manage risk carefully!
FLong
by SiDec
FANTOM (FTMUSDT) Surges with Lucrative Long Trade Setup!FANTOM (FTMUSDT) Analysis: On the 1-hour timeframe, FANTOM (FTMUSDT) has confirmed a clear long entry at 0.6428, indicating strong bullish momentum. The targets appear promising as price action continues to align with the upward trend, potentially unlocking significant profits. Trade Summary: Entry Level: 0.6428 FANTOM Target Levels: TP1: 0.7131 TP2: 0.8268 TP3: 0.9406 TP4: 1.0108 Stop Loss: 0.5860 Leveraging the Risological Dotted Trendline, this setup highlights FTM’s strong upward potential. Keep an eye on this for a steady climb toward the targets!
FLong
by ProfitsNinja
FTMUSDT: Bearish Head and Shoulders PatternFTMUSDT Technical analsysis update BINANCE:FTMUSDT has formed a bearish head and shoulders pattern on the daily chart, with price moving the support level below. If a breakdown is confirmed on the daily chart, we could expect a potential drop of 20%-60% in FTM. Additionally, the price has fallen below the 100 EMA, adding further confirmation of a bearish trend. Short level: Above $0.58 Stop loss : $0.675 Target 1 : $0.530 Target 2 : $0.420 Target 3: $0.260
FShort
by HexaTrades
3
Fantom (FTMUSDT) Short Signal on 4-Hour Timeframe💡 Technical analysis shows that after completing a 5-wave Elliott pattern, Fantom has entered a corrective phase, forming an ABC correction. Additionally, a Head and Shoulders pattern is in progress, with a potential neckline break signaling an ideal short entry. 🎯 Price Targets: Target 1: $0.53 Target 2: $0.44 Target 3: $0.32 ⏳ Correction Timeframe: Late December 2024 to early January 2025 This time window provides promising shorting opportunities for Fantom. The specified targets can also be considered for re-entry into long positions, as a new bullish wave may begin after the correction completes. ⚠️ Stop Loss: Set a stop loss slightly above the neckline to protect capital.
FShort
by arzdigitalistha