FTMUSDT
FTM Long Position (Oversold Conditions) Market Context: FTM is at a key support level and is oversold on medium timeframes, making it a favorable candidate for a long trade.
Trade Setup:
Entry: Long spot position at $0.43 support level.
Take Profit:
First target: $0.50
Second target: $0.60
Stop Loss: Just below $0.40
📊 This setup aims to capitalize on the oversold conditions and key support, with clear profit targets and a tight stop loss to manage risk effectively. #FTM #CryptoTrading #SupportLevel
Fantom | FTM & Andre Cronje FTM jumped 300% since Defi father aka Andre Cronje is back as vice president of memes at the fantom foundation! wait a what...
FTM has been one of the best performing tokens of 2023, pulling off a series of impressive gains in the last few weeks the price of Fantom is $0.53 today with a 24hour trading volume of 315 million dollar. This represents a 4% price increase in the last 24 hours and a 11% price increase in the past 30 days.
Blockchain platform Fantom plans to introduce version 2 of its fusd stablecoin to provide a more predictable and budget friendly system for builders, partners and users, developers said in a post over the weekend. They didn't give a timeline for the release.the new version will allow the stakeholders to allocate fees in either fantom or fUSD and to predict future costs based on usage, the developers said. It will allow programmers to build additional institutional products for users and provide a more consistent system for planning and budgeting for grants. .on Jan 24, the Fantom Foundation announced a partnership with Axelar, which will introduce interchain communication to the Fantom Network and ftm whales use every opportunities to accumulate as much as they can
since we published our first ftm chart and hit all targets - 100% gain - its time to look at the chart again and set new targets.
The daily EMA showed bullish signal at 0.35 and it shows the down trend is over. RSI shows bulls are in control. ftm successfully broke ascending triangle at 0.23 and broke 0.29 and 0.31 resistance as well. next targets for FTM are 0.57, 0.59 and 0.63$ and if you trade with btc pair ftm broke 000016 resistance and heading to 000018 and 000020
Crucial Points To Prevent Further Price DeclinesBINANCE:FTMUSDT FTM is trading within the $0.46 to $0.48 support range. These levels serve as crucial points to prevent further price declines. If the price stabilizes within this range, there is a potential for an upward move.
Potential Scenarios:
Maintaining Support and Moving Upwards:
If the price holds within the $0.46 to $0.48 range, there is a possibility of rising towards the $0.54 and $0.55 targets. These resistance levels could act as short-term price objectives.
Breaking Support and Continuing the Downtrend:
If the price fails to maintain these support levels and drops below $0.46, selling pressure may increase, leading to a move towards lower levels. In this case, traders should closely monitor the market's behavior.
FTM ANALYSIS (4H)From where we entered start on the chart, it seems that FTM is forming a diametric pattern.
Soon it seems that FTM will enter the G wave.
In the supply range, look for sell/short positions and in the green range, you can look for buy/long positions.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
ALTS in ACCUMULATION ZONE !The accumulation zone is your ideal BUY zone. The reason being, is that with some patience the next part of the cycle is the increase / impulse wave UP.
1) SHIB
2) DOGE
3) RUNE
4) FANTOM
There are a few more, but that's what we have time for today! Catch us here again tomorrow for more updates.
______________________________
BINANCE:FTMUSDT BINANCE:RUNEUSDT BINANCE:DOGEUSDT BINANCE:SHIBUSDT
FTM buy/long setupWe have a bullish iCH on the chart.
A liquidity pool can be seen above the chart.
The price has not reached the main supply and the internal structure is still bullish.
FTM is expected to move from the demand box to the supply box.
Closing a daily candle below the invalidation level will violate the analysis.
Note that the financial market is risky, so:
Do not enter a position without setting a stop and capital management and confirmation and trigger.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
$FTM lower timeframe rangeFTM is showing relatively strength over the last 24 hours
Nice bounce from daily demand zone, with 58.84% increase from the lows
4-hour timeframe:
Price is currently retesting the 4-hour ema200 (green), we can expect a rejection at this level
1-hour timeframe:
$0.37 is acting as support (equilibrium) , if we can manage to hold this level, a clear path toward $0.45. Failure to do so, revisiting the lows $.30 to $0.28 is plausible
FTM/USDT Weekly Key Notes: Prime Long OpportunityThe chart is looking exceptionally promising for a spot trader like me—perfect for a long position from this key level. The market is bouncing off and showing strong reversal momentum, and I’m feeling optimistic about FTM. My targets might seem a bit ambitious, but the technicals on this chart seem to back up my enthusiasm. It’s an excellent chance to fill your bags. I’ll be referring back to this post in the future, and if you miss out, I might just rub it in—though if it doesn’t work out, I might end up needing a basement to live in! Jokes aside, the coin looks set for a strong uptrend in the near future. I’m also highlighting key entry levels for long traders.
Best of luck!
FTM basic technical analysisGATEIO:FTMUSDT
Always keep your analysis on higher timeframes simple
Possible Targets and explanation idea
➡️Global weekly fib. Trade now under -0.27 zone (accumulation zone)
➡️Main stop losses marked on a chart
➡️Marked main target for global correction. Its not an option so all alts beat previews all time high
➡️Volume trade levels might be retest soon
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
---
• Look at my ideas about interesting altcoins in the related section down below ↓
• For more ideas please hit "Like" and "Follow"!
FTM main zones for 2023GATEIO:FTMUSDT
Possible Targets and explanation idea
➡️Marked 2 main Monthly gaps. Full fill bearish is 0.01$ Bullish 1.02$
➡️Take profit line by my indicator is 1.28 its a Top for 2023
➡️From May 2023 till Jan 2023 we was in disbelief zone (white zone on Market Mood)
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
---
• Look at my ideas about interesting altcoins in the related section down below ↓
• For more ideas please hit "Like" and "Follow"!
Trade Setup: FTM Long PositionMarket Context:
Despite some altcoins being at short-term resistance levels, the overall altcoin market is oversold on higher time frames.
A potential small pullback could present an opportunity to take long trades to the next resistance levels.
Trade Parameters:
Entry: Buy in the range of $0.30 to $0.3060.
Take Profit:
First target: $0.38 - $0.4233
Second target: $0.53 - $0.60
Stop Loss: Set just below $0.2850.
Additional Notes:
Monitor the market for signs of a small pullback to confirm the entry zone.
Adjust your strategy if market conditions change or if significant bearish news impacts the price.
Ensure to manage risk effectively, especially given the oversold conditions.
#FTM #TradingStrategy #CryptoTrading 🎯
FTM (Fantom): Approaching SupportTrade setup : Price remains in a downtrend. It had a failed breakout from Falling Wedge pattern and pulled back to $0.40 support that held in early July. If it breaks below that, it could resume its downtrend and revisit $0.30 next.
Pattern : Price is Approaching Support , which is a level where it could pause or reverse its recent decline, at least temporarily. Support is often a level where price has bounced up in the past, or potentially prior Resistance level that was broken. (concept known as polarity). Once price breaks below support, it can move lower to the next support level. Learn to trade key levels in Lesson 7.
Trend : Short-term trend is Strong Down, Medium-term trend is Strong Down and Long-term trend is Strong Down.
Momentum : Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $0.40, then $0.30. Nearest Resistance Zone is $0.50, then $0.62.
FTMUSDT Will This Bullish Reversal Hold?Yello, Paradisers! Have you been watching #FTMUSDT closely? This analysis could determine your next big move!
💎#FTM is showing promising signs as it bounces off the demand zone, forming a double bottom a classic bullish reversal pattern. However, the key question is: Can FTM break through the descending resistance trendline, which has been rejected it three times already.
💎For FTM to switch back to bullish momentum, it must break through the descending resistance. A successful breakout will likely lead to a significant upward move towards our target strong resistance area.
💎If FTM fails to break the resistance, it may test the demand zone at 0.386 again. This could either create new momentum or form a triple bottom.
💎 If FTM breaks below the demand zone and heads toward the key support area, it would be a concerning sign. The key support at 0.309 is critical; a daily close below this level would invalidate the bullish scenario and suggest a higher probability of further downward movement.
Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴