FTMUSDTBINANCE:FTMUSDT Long idea
2 entry point
4 targets
❌every TP can act as a resistance and dump the price
⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help. #DYOR
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Ftmusdtlong
FTM ANALYSIS💥💥#FTM Analysis 🚀🚀
🔮 #FTM is trading in a Descending Triangle Pattern and the price is between the major support area and the descending trendline. A good move will be seen only if it breaks the trendline. If the price closes above above $0.4000 then we will see a bullish move. 💸💸
📊Current Price: $0.3865
🚀 Target Price: $0.9121
⚡️What to do ?
👀Keep an eye on #FTM price action and volume. We can trade according to the chart and make some profits. Stay tuned for further analysis and stay updated with market sentiments and news.⚡️⚡️
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#FTM #Cryptocurrency #TechnicalAnalysis #DYOR
FTM Might go parabolic.Not in a Trade yet because it does looks bearish in LTF but will take risk on this one cause my sixth sense is telling me this is going parabolic very soon.
Not actually Sixth Sense but if you look in HTF Weekly or monthly the chart looks like it have done what should be done in the bottom.
Looks like pretty simple Triple Bottom and i have to add one more thing the next HTF resistance which is around 0.5500-0.6000
I don't think it is going to hold over there because when it was moving from double bottom this resistance didn't worked and then it deviated from it and gets back into the range.
The price action of this Shitcoin is way way more faster than other coins.
You can go to the up move or down move(previous) and watch it closely in LTF.
Most of the times the resistance/support level doesn't work anywhere and just get retested for continuation.
I'll long the 2H trend line breakout or will long the in the red area.
Targeting 0.5
Targeting 0.9
Note: Not a Financial Advice.
back to breakeven...? (FTM)❤️❤️Thanks for boosting 🚀 and supporting us!
📈wait for pollback to break of zone/
📊 (Buy) : 0.3725
🔴 Stop Loss : 0.3404
🎯 Take Profit : 0.3970 - 0.4409 - 0.4965 - 0.5285
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👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
A Trader's Perspective on the Formation of a Triangle PatternHello, friends! I want to share my forecast for the FTM coin in the cryptocurrency market. Recently, I noticed the formation of a triangle pattern on the weekly chart, and I believe that this could be an interesting signal.
My analysis suggests that there is a possibility of a pullback to the range of 0.24, where I plan to consider buying FTM for a long-term position. However, I want to emphasize that this is just my opinion and should not be taken as financial advice.
As a trader, I understand that making decisions in the cryptocurrency market requires thorough analysis and risk assessment. Therefore, before making any transactions, it is important to conduct your own research, consult with professional financial advisors, and evaluate the current market conditions.
Remember that the cryptocurrency market is highly volatile, and investments always come with risks. Be cautious and make decisions based on your own analysis and careful consideration.
I wish everyone successful trading and the ability to make well-informed investment decisions! Stay updated with the market, be prepared for changes, and never stop learning and growing as traders. Good luck!
FTM target 1.141D time frame
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FTM is creating a double bottom structure, which spends around 600 days so far. According to Fibonacci Extension, we can have final target for this structure. However, neckline 0.65 is the obvious resistance that might reject price to keep pumping firstly. Also, FTM is doing a potential Elliott impulse wave on lower time frame, that would provide momentum for FTM to get closer to neckline.
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TP: 1.14
SL: 0.2694
FTMUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
Targets: 0.39 and 0.44
after first target reached move ur stop to breakeven
Stop: ~0.27 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 2.5
risk is justified
Good luck everyone!
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It's not financial advice.
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Open to any questions and suggestions
#FTM/USDT#FTM
The price has been moving in a descending triangle since last February
The price gained support at 0.1730
The price is expected to break the downtrend at the current price
First target : 05160
Second target : 0.6555
Which represents 200% of the current price
With an oversold presence on the MACD
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FTM → A High Profit Opportunity! This Analysis Breaks it Down.Fantom is marching forward in a bull channel, breaking previous resistance and setting its sights on $0.34. It looks like we have a clear shot to the next resistance level, but is it safe to long now?
How do we trade this?
The bulls have several data points on their side; a bull channel, breaking of previous resistance, successfully testing that resistance as support, but is that enough to enter a long? Not yet! What we need now is a bull confirmation candle on this second support test. The last hourly candle just closed above support a few minutes ago, we need to hold this price and close a strong bull candle to justify a long.
If FTM delivers, set a protective stop below the "New Support" line and set a take profit at a 1:2 Risk/Reward ratio. The next resistance level on this timeframe is just below $0.35, so it's reasonable to take your profits before then.
Also, keep an eye on Bitcoin as a leading market indicator, it's into new high territory for this bull run and we need to be vigilant about reversal candles appearing. If one does, be prepared to change your bias to short!
Trade Idea
Long Entry : $0.325
Stop Loss: $0.319
Take Profit: $0.340
Risk/Reward Ratio: 1:2
Key Takeaways
1. Bull Channel, Bias to Long!
2. Broke out of Previous Resistance, Now Testing Support.
3. RSI at 56.00 and below Moving Average, Bias to Short.
4. Wait for a Bull Confirmation Candle Above Support.
5. Long 1:2 Risk/Reward, Stop Loss below New Support.
You are solely responsible for your trades, trade at your own risk!
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FTM to $0.40? This Trade Separates the Novice From The Pro!FTM has fallen out of the bull channel and is pushing aggressively toward the downside. One might think, "We're going back to $0.20!". Not so fast! The 200EMA acted as strong support on November 9th and it has a good possibility of repeating history.
How do we trade this?
We may have fallen out of the bull channel but we're still seeing higher highs and higher lows, so we should remain bullish. Before entering into long, wait for a bull signal and confirmation bar as evidence that we're still going up. A bull signal bar will have a long tail and close near its high, a confirmation bar will follow the signal bar, be of a size similar to the signal bar, and close on or near its high.
The RSI is also below 30, which is a weak indicator on its own, but supports the other data points in this analysis. Bitcoin also acts as a leading indicator and as shown in my BTC 4HTR analysis, may fall to its 200EMA at $35,000 and hold FTMs price down. This is why we need to wait for confirmation before entering the long.
Key Points
1. Fell out of the Bull Channel.
2. Current Price at 200EMA Support.
3. Wait for a bull signal and confirmation bar.
4. RSI Below 30. Reversal to the upside is probable.
5. Use Caution, Bitcoin could fall further.
You are solely responsible for your trades, trade at your own risk!
Let us know what you think in the comment section below!
FTM Time to Buy!? Or Will The Price Fall Back to $0.20?FTM is in a strong bull channel eyeing a target of $0.42 at the Weekly 200EMA! But with Bitcoin potentially pulling back, will it hinder FTM's chances of reaching the target?
How do we trade this?
The most important aspect of this moment is that FTM is in a bull channel, which means the probability of profit is greater when longing. There are no definitive reversal patterns yet, so we should be looking for long entries. Bitcoin may be signaling a minor pullback as shown in my recent analysis, and if that pans out, it may hinder FTM's ability to climb in price. This will likely bring FTM down to $0.325 at the bull channel support line, where we should look for either a bounce or breakout to the downside.
A bounce should consist of a bull signal bar followed by confirmation, a strong bull bar closing on or near its high. If the price falls through the channel support, we should be looking for a strong bear bar closing near its low followed by a test of the channel low. At this point, we should be looking for a short entry.
Key Points
1. Bull Channel, Always in Long
2. Weekly 200EMA Target
3. Gap to bottom of channel, $0.325
4. Bitcoin leading indicator, risk of pullback
5. RSI around 55.00, Wait for more Price Action.
You are solely responsible for your trades, trade at your own risk!
Let us know what you think in the comment section below!
FTM Weekly Analysis - Have We Hit The Bottom? Long for 2024!FTM has been bouncing off and consolidating in its major support zone of $0.15-$0.20 since it made contact in June of 2022. After a quick bounce to the $0.60 area, the price has remained in that support zone. We have now had a third touch point on this support, and so far, the bull response is strong.
Bitcoin has also been consolidating in its support zone of $25,000-$30,000. My analysis of Bitcoin is we will see a bull run in 2024 and new all-time highs by April of 2025. If the Crypto market repeats history, the Alt market will follow Bitcoin to the upside when it finally breaks out.
FTM remains #62 in market cap as of this posting, a good spot to be in for a riskier yet probable investment. What remains an open question is; will the Alt market be strong this time around? We don't know, and that's a conversation for another post. As traders and investors, it's important to speculate about the future based on historical data * first *, then inject fundamental analysis to determine the probability of a deviation from history.
Key Points:
1. If FTM doesn't fall out of the top 100 in market cap during the next couple of years, I expect the price to at least reach the resistance zone of $0.55 - $1.00 by 2025, a conservative estimate of about 500% up from today's price.
2. If the alt market responds to Bitcoin's bull run in 2024-2025 reaching previous all-time highs, it's possible that FTM will also soar to its previous all-time highs of around $3.50. That is a roughly 1700% increase from today's price.
These are great outlooks on FTM, but we should always proportion our investments relative to the risk of the asset. 2 years is a long time in the market, especially in a young market like Crypto, especially with an altcoin.
As always, trade at your own risk, you are responsible for your trades, and I hope this information was helpful.
Trade wisely and let us know what you think in the comment section below!
📈Fantom weekly --> 50% price jump📉BINANCE:FTMUSDT
BITFINEX:FTMUSD
Hello Traders, please check out my previous ideas.
If the price stabilizes above the indicated areas in daily or 4H timeframe--> 💥50% price jump💥
targets are on the chart.
optimum stop-loss is below the 0.215$ level.
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CrazyS✌
Ftm we meet again at lastI gone long ftm. The market maker has pulled the market to the last line of support. We have a red vector candle with a 3% move down as the market maker entices you to short and die.
Totally oversold on all-time frames except the daily and even. A test of the 1st resistance is a 7% move.
FTMUSDT H1:Long setup for tradeHI Guys ,Hope you well.
I explain you a Long setup in chart but please trade with confirmation in lower time frame .
SecondChanceCrypto
⏰27/JUNE/23
⛔️DYOR
Always do your research .
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