Fantom (FTM/USDT) - Bullish Long TermPay close attention to Fantom, in the short term could be bearish due to not having any daily or 4hr candles etc close above minor Resistance at: "1.02". Rejections off this level could leave the bulls behind and get pushed futher downwards from the bears to "$0.89" roughly.
Long term, if you decide to take this trade, a potential to make a +46% will be with ease. Next target is= $1.46 so keep close details on the key levels I provided on the chart to take advantage.
Line of Support= $0.89🟢
Line of Resistance= $1.02🔴
Target!= $1.46🌟
‼️DISCLAIMER PLEASE READ CAREFULLY‼️
*(THIS NOT FINANCIAL ADVICE, ALWAYS DO YOUR OWN RESEARCH! I AM NOT RESPONSIBLE FOR ANY LOSS OF EARNINGS FROM ANY INVESTMENTS THAT YOU MAY MAKE BASED OFF ANY OF MY IDEAS. ONLY INVEST WHAT YOU CAN RISK TO AFFORD TO LOSE IF YOU MAKE THE DECISION TO DO SO. DO NOT INVEST, UNLESS YOU'RE PREPARED TO LOSE MONEY, IF NOT ALL.)
(CRYPTOCURRENCY CAN BE HIGH-RISK INVESTMENTS DUE TO THE VOLATILLITY OF IT'S NATURE, AND YOU SHOULD NOT EXPECT TO BE PROTECTED IF SOMETHING GOES IN THE WRONG DIRECTION. SEEK PROFESSIONAL ADVICE FROM A CERTIFIED FINANCIAL ADVISOR.)
FTMUSDT
FTM looking strong (30% move about to come?!)Fantom looking really strong and Fantom meme coins explodes.
On 4h time frame.
* FTM retest on 20 and 200 Moving average.
* bounce on Fib level 0.38 and then probably continuation - long
I think 0.96 should be a good entry.
Next step local high 1.22.
Don't fade FSonic - non financial advice!
FTM/USDT planning for bullish move? 👀 🚀 FTM Today analysis💎 Paradisers, let’s dive into the #FTMUSDT analysis! A fascinating shift has unfolded as it breaks free from its descending channel, creating an exciting stage for a potential bullish surge.
💎 Over an extended period, #FANTOM has meticulously traced the contours of a descending channel. Presently, the price is testing a critical support level at $0.9116. Our confidence in its potential to embark on a bullish trajectory remains unwavering, challenging the overhead bearish order block (OB).
💎 However, prudent preparation is essential: should the price dip below the pivotal support zone, we may witness a pronounced bearish downturn. In such a scenario, our focus shifts to anticipating a bullish rebound from the lower support level at $0.8536.
💎 Remember to employ sound trading strategies and implement proper stop-loss measures! Stay vigilant, monitor market movements, and eagerly await further insights.
MyCryptoParadise
iFeel the success🌴
FTMUSD support and resistance Hi, welcome to my Fantom analysis
Today we have 3 level support,
Support 1 are previous higher low at fibonacci 0.382. If 0.9242 able to hold bearish movement, our target at 1.2289 with 33.75% profit projection
Support 2 also as strong support, becuase this level are fibonacci 0.618 support and also previous strong support. If this level hold bearish, our target at same level as target 1, with 69.25% profit projection
Support 3 are the last support for Fantom. If this level stop bearish movement, target at 1.2289 with 136% profit projection.
I will update more about Fantom if I get a new key level or a new pattern.
FTM's RiseFantom (FTM) has been showcasing an interesting price development, currently trading at $0.9297. On the 4-hour chart, FTM's recent climb shows it's approaching a local, dynamic resistance level which may indicate a near-term challenge for the price to push higher.
The Bollinger Bands reveal that the price is nearing the upper band, which can often act as a short-term resistance. This proximity to the upper band at $0.9473 might suggest a potential for either a temporary pullback or, if the price breaks through, a continuation of the bullish trend.
The trading volume for FTM is healthy at 11.604M, which underscores a decent level of trader interest at these prices. The Moving Average (MA) at $0.8966 is below the current price, indicating that the recent price action is still favored by a bullish bias.
The MACD histogram is positive, albeit marginally, with the MACD line slightly above the signal line, hinting at a continuing bullish momentum but cautioning that it may not be particularly strong at the moment.
Stochastic Oscillator values are high, indicating that the price might be in overbought territory, which sometimes leads to a subsequent price correction as the market consolidates.
Finally, the Relative Strength Index (RSI) is above its MA and remains in a healthy range without showing signs of being overbought. This suggests there might be some room for the price to go up before facing selling pressure due to being overbought.
In summary, Fantom's market dynamics are showing signs of a bullish trend, but as it nears the dynamic resistance level, traders will likely watch to see if it has the strength to break through or if it will retreat and consolidate before making another move.
FANTOM - Bulls Are Done. Bears Coming In!Following on from our last analysis of Fantom, we closed our long setup with over 200% gains!
We are now looking to take Fantom short. On the higher timeframe, we are in wave 2, which is an ABC correction. We are now looking for wave C to take Fantom down.
Trade idea:
- Safe entry on break of red trendline
- risk entry on lower timeframe trendline break
- tight stops above the highs when either entry trendline breaks
- Targets: 0.17, 0.07
Please note that we have confirmations in place in order to tell us whether we're in wave C and to confirm our short idea.
Goodluck and as always, trade safe!
See our previous setup below:
🚀🔄 FTM Spot Trade Setup! 🔄🚀📊 Analysis:
Support & Oversold: FTM is currently at a support level, with medium timeframes showing oversold conditions, indicating a potential rebound.
Bullish Sentiment: Anticipating a bounce in the altcoin market, with FTM showing promising signs.
📈 Trade Plan:
Entry: Consider laddering into a long spot position in the $0.80 - $0.86 support area.
Take Profit: Target profits at $1.00 - $1.04 or aim higher towards $1.14 - $1.23.
Stop Loss: Set stop loss just below $0.77 to manage risk effectively.
💡 Note: Stay vigilant for price confirmation and adjust strategy accordingly as market conditions evolve. 📈💰 #FTM #SpotTrade 🚀📉
FTMUSDT.4HAlright, let's get into the technical analysis of this Fantom (FTM) chart against Tether (USDT) on the Binance exchange from a first-person perspective as a trader.
Upon inspecting the chart, the first thing that stands out is that Fantom's price has been trending downwards recently as it's trading below the Ichimoku Cloud. This suggests a bearish market sentiment in the short to medium term for FTM. The price below the cloud often signifies that the asset is in a downtrend and that the cloud is likely to act as resistance on attempts to move higher.
The Conversion Line (blue) is below the Base Line (red), which traditionally means the bearish momentum is currently stronger. The Lagging Span is also below the price line and within the cloud, which reinforces the bearish outlook.
The pivot points on the chart show resistance at R1 and R2, with support levels at S1 and S2. Given the price is below R1, it is currently acting as a resistance level. If the price begins to rise, R1 is the first hurdle it would need to overcome before we can consider a change in the immediate trend. Conversely, if the price continues to fall, S1 and S2 are levels where we might anticipate potential support or a reversal.
The Relative Strength Index (RSI) is around 28.65, which is quite close to the oversold boundary of 30. This could indicate the possibility of a trend reversal or a pullback, as prices often revert back after hitting such extremes.
As for the Moving Average Convergence Divergence (MACD), the MACD line is slightly below the signal line, which typically suggests bearish momentum. However, both lines are very close to each other, so I'd watch out for any crossover which could signal a change in momentum.
In conclusion, FTM's current price action is bearish, but with the RSI being close to the oversold territory and the MACD lines close to a potential crossover, there may be a reversal on the horizon. As a trader, I would closely watch these indicators for signs of a momentum shift, especially any bullish divergence on the RSI or a MACD crossover above the signal line. Trading near support levels could provide a favorable risk-reward ratio, but it's important to wait for confirmation signals before making any trades, as countertrend trading can be particularly risky.
Fantom/usdtBest Chart You can see today
fantom looks really interesting but we need just a breakout the trend ( as chart shows ) and close above with daily candle & high volume
Target on chart Starting from 1.5$ to 3.5$
for 5.5$ maybe it will take couple of months
this is a personal opinion and NFA
Thank you
FTM USDT 27% PROFIT TARGET READ DISCRIPTIONCertainly! Let's break down the potential trade setup for FTMUSDT:
1. **Market Analysis**: FTMUSDT is currently positioned within a buying and demand zone, typically areas where significant buying interest exists. Additionally, it's identified as a reversal zone, suggesting a potential change in the direction of price movement. This zone ranges from 0.94 to 0.97, indicating levels where buyers are likely to enter the market, potentially leading to a reversal in the downtrend.
2. **Price Action Analysis**: The price action analysis reveals that FTMUSDT is within a buying zone and forming an ascending triangle pattern. Ascending triangles are bullish continuation patterns characterized by a flat upper trendline and a rising lower trendline. This pattern suggests increasing buying pressure and potential upward momentum.
3. **Trading Conditions**: To initiate a trade, specific conditions must be met. Firstly, a bullish candle breaking above the upper trendline of the ascending triangle acts as a signal for a potential bullish breakout. Secondly, confirmation of the breakout occurs when the accompanying volume surpasses the moving average, indicating strong buying interest and supporting the validity of the breakout.
4. **Profit Target**: The profit target for this trade is set at 29%, indicating the desired percentage increase in price from the entry point. This target reflects the trader's expectations for the potential upward movement in FTMUSDT following the breakout from the ascending triangle pattern.
5. **Risk Management**: Alongside profit targets, implementing effective risk management strategies is crucial. Traders should consider placing stop-loss orders to limit potential losses in case the trade moves against expectations. Additionally, monitoring the trade closely and adjusting positions as necessary is essential to manage risk effectively.
6. **Market Psychology**: Understanding market psychology is key. The presence of a buying and demand zone, coupled with the formation of an ascending triangle pattern, suggests increasing optimism among traders. This optimism could further reinforce the bullish momentum if prices start to rise, potentially attracting more buyers into the market.
7. **Flexibility and Adaptability**: Traders should remain flexible and adaptable in their approach. Markets are dynamic, and unexpected events can occur. Being prepared to adjust strategies in response to changing market conditions is essential for successful trading.
In conclusion, the trade setup for FTMUSDT presents a compelling opportunity based on a combination of technical analysis, price action, and market psychology. However, prudent risk management and continuous monitoring of market conditions are essential to navigate the trade effectively and maximize potential returns.
FTM/USDT LONGThe situation is very similar to TAO, and currently to a large number of alts. Reflection from the bottom line of the ascending channel. The breakout of orange can be considered a bullish signal. Phantom has been showing relatively strong strength in recent weeks, currently on a correction of approximately 20%, this may be a good buying opportunity provided that the BTC price does not fall.
FTMUSDT Buy Opportunity!!FTMUSDT a layer1 project, has experienced a significant 90% decline from its previous all-time high (ATH). Currently breaking through resistance, it's on its way to the next level at $0.65.
FTMUSDT (1W Chart) Technical analysis
FTMUSDT (1W Chart) Currently trading at $0.33
Buy level: Above $0.31
Stop loss: Below $0.25
TP1: $0.38
TP2: $0.45
TP3: $0.5
TP4: $$0.65
Max Leverage 2x
Always keep Stop loss
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FTM - LONG Setup with resistance breakoutBINANCE:FTMUSDT (1D CHART) Technical Analysis Update
FTM is currently trading at $0.4322 and showing overall bullish sentiment
Current price is around the resistance zone and looking to breakout from the resistance. The resistance breakout can push the price of the FTM higher and we have a good opportunity for LONG trade
Entry level: $ 0.4517
Stop loss level: $ 0.3952
Target 1: $ 0.4688
Target 2: $ 0.4904
Target 3: $ 0.5298
Target 4: $ 0.5683
Max Leverage: 2x
Don't forget to keep stop loss.
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Cheers
GreenCrypto
FTM (Macro Picture)FTM / USDT
Fantom is one of my favorite coins so far
I made alot of signals and calls in FTM recently which ended in nice profits
Macro Picture :
This is the long term / macro picture which can updated per weeks to months only
Mid term targets (wave 3) : 1.8$ - 2.2$
Then a possible huge correction (wave 4)
Long term targets (wave 5) : 5.5$ - 8.8$++
If we reached there the holding in this area will considered a risky as the distribution phase will start near there
Confirmation : breaking 1.15$ weekly
Note : this is my long term view .. in short term strong fluctuations expected to happen
DYOR
Who Wants To Double? #FTMFTM has formed a reverse head and shoulders pattern in 3D chart and ready to explode any time soon.
RSI currently: 75 Ultra Bullish,
Macd: Golden Cross already came in,
DMI seems to be bullish in lower time frames as well,
Ichimoku also gives every possible bullish signal it can give,
Well everything on the chart.
If it closes 0.556 in weekly time frame I'm going in with 5X leverage.
Good luck to us all.