Ftmusdtidea
FTMUSDT - Flag PatternFTMUSDT (12h Chart) Technical analysis
FTMUSDT (12h Chart) Currently trading at $1.27
Buy level : Buy After Breakout
Stop loss: Below $0.92
TP1: $1.62
TP2: $2.01
TP3: $2.61
TP4: $3.4
Max Leverage 2x/Spot Market
Always keep Stop loss
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A range with huge volumeHi traders,
You may observe that the volume has increased dramatically in last days. And also you can say that the traded volume is concentrated higher price levels by using volume profile. I interpret this situation as an important indicator of a strong bullish trend.
By this information, the price level seems good to take a position. I've drawn stop loss level. I will HODL until there is a good implication about the end of the uptrend.
The TA is short but the thing is that the huge volume does not need any interpretation.
Stay safe.
FTMUSDT Flag Pattern!FTMUSDT Technical analaysis Update
FTM /USDT currently trading at $0.247
Flag pattern breakout
Buy level : Above $0.246
Stop loss: $0.234
TP1: $0.257
TP2: $0.265
TP3: $0.285
TP4: $0.30
Max Leverage 3x
Always keep Stop loss
Note: please do your own research before investing. Never invest money that you can't afford to lose.
FTM ready for next leg upFantom is a DeFi project and we see some good moments in large DeFi coins. The second wave of DeFi coins is here. Fantom is doing very good work on the partnerships and adoption of the project. FTM is now trading in the uptrend channel and now at the support line. This is a good time to build your position before it takes off.
Buy Zone: $0.752 - $0.755
Target: $0.823 - $0.894 - $0.976 - $1.09 - $1.22 - $1.38 - $1.55 - $1.72
FTM 1D Updates of the maximum or continuation of the correction?To your attention another Defi project - Fantom, from South Korean creators, which, judging by the schedule, is in great demand.
[ b]Write in the comments, your expectations for the project or what news awaits it in the future.
If you analyze the chart, you can see that after the establishment of an absolute maximum at $0.878 , the price corrected by -71% and reached the top of the liquid zone. A decent correction after which we got a strong buy-back up.
Now the FTMUSDT price is reaching the critical level of $0.76 at which the future price movement will be decided:
1) If buyers manage to break through $0.76 upward and start consolidation above it , then the way will open for price movement to $1.79
2) If buyers lose their shopping enthusiasm and sellers will activate, then the first level from the bottom where buyers can become active again will be $0.30. After will the likely continuation of consolidation for the accumulation of forces in order to continue to grow.
3) A strong spillage of the FTMUSD price is possible up to $0.15 - then it will be -83% growth correction, but the chances for continued growth in the future will remain.
4) If a price drop below $0.15 will mean a lack of interest of buyers in the project, and the cost of the FTM token itself may collapse to $0.05-0.06
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