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: $0.260
Ftmusdtshort
📈Fantom weekly --> 50% price jump📉BINANCE:FTMUSDT
BITFINEX:FTMUSD
Hello Traders, please check out my previous ideas.
If the price stabilizes above the indicated areas in daily or 4H timeframe--> 💥50% price jump💥
targets are on the chart.
optimum stop-loss is below the 0.215$ level.
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CrazyS✌
FTM/USDTI will short FTM on a break down below $0.5027.
The trade is valid as long as FTM doesn't reclaim $0.535.
This is a good place to short but if it turns, it is also a good place to long, so don't hesitate to cut it if it starts to look strong.
There are two targets, first one is Mid Range at $0.39, second one is Range low at $0.17.
Good luck.
Follow, like the idea and feel free to leave a comment.
Check out other ideas if you like this one.
Fantom: its only a drawing not a invesment advice. In my opinion, Fantom has formed a double top, which can be considered a sign of the failure of the upward trend and the return of the price to lower levels.
How to Take Profit On The Double Top Chart Pattern: Use the previous low (support levels) to set take-profit targets. Or another option would be to measure the distance between the neckline and the highest peak (the range) and use that difference in pips as take profit target if you are trading the breakout from the neckline (The Ultimate Price Action Trading Guide, 2014).
FTM time for a small pullbackFTM is at a pivotal point which gives us a great risk reward trade.
i am setting 3 short orders at
0.2425
0.2440
0.2480
I have 3 take profi points as well.
0.2402
0.2385
0.2352
Stop loss if 1h candle closes above 0.2480 so keep an eye on it.
max loss 1%
max profit 4%
LEV x2
( while writing this post,i got in at first entry,but you can set the orders,it is still valid)
FOLLOW FOR MORE
FTM has collected energies on the 4H intervalHello everyone, let's take a look at the 4H FTM to USDT chart as you can see the price is approaching the exit from the triangle.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 1.1, if the support breaks down, the next one is $ 1.03.
Now let's move from the resistance line as you can see the first resistance is $ 1.24, if you can break it the next resistance will be $ 1.32 and $ 1.39.
It is worth paying attention to the CHOP indicator, we can see that in the 4-hour interval we have a lot of energy and we can expect traffic in the coming hours.
FTMUSDT, This route can be happenHello everybody
In these days you hear about FTM very much, TVL is rising up, it wanna do ... , Do you know anything about Fantom ? Whats SDK ?
If you want to learn Fundamental & Technical analysis send us messages in private ---> Our id is in profile
According to the chart and last analysis, exactly both of the target was reached and we expect the price has some pullback and recover it self then ready to go up and reach to the 3rd target but the condition of market changed and the market fall down and you see what was happend in the market.
At this time according to the price and trend of the price that is downward we expect the price should rise up a little then its ready to dump again and maybe can break the trendline support zone area.
The most important thing is tomorrow we have event of FEDERAL RESERVE RATE and this is the most important event for all markets that can highlighting the markets.
Guys one point for anyone for your self, PLEASE GO AND LEARN MARKET
Market is not technical is not fundamental is not ... market is all of them
If you wanna make money from the market you should have to work and learn from a trader and you should have a teacher for trading.
Buy packages a lot because when you buy different packages you will become familiar with different view of how you can take profit, how you can trading and whats gonna do when ... this happen ??
All of my advice is for you guys, its take long time that i can be here like this i want to help everyone that want to be a trader
Good Luck buddies
Abtin
Previous analysis :
FTMUSDT , Amazing projectHello everybody
Fantom is one of the most powerful and amazing project and ecosystem that is working on ...
According to the chart you can see the price is near to the one of the most sensitive area of supporting and we expect the price drop another time to reach to this area again and after that is ready to go and reach to the target
Dont forget at first take signal and after that entrance any position , surely use stop loss and observe to money management
Good Luck
Abtin