FTMBTC trade ideas
FTMBTC - Strong bullish patterns +150% Most of indicators saying a very bullish run for FTMBTC.
RSI divergence, MACD crossing, W waves, close to break MA21 resistance, price in the recharge zone (0.618 - 0.786 Fibonacci), rebound on the support, etc..
Just one word, good luck guys
Bull flag into new all time highs?If fantom has some steam left, we could be looking at a massive bull flag / falling wedge with 2000 sats as a target.
RSI on 4hr also oversold. Will have to wait for a confirmation.
FTM - Near long term support/resistanceI haven't been posting in a while because the altcoin market has been very shaky with this volatile Bitcoin movement. That being said, it is time to buy on the satoshi dip - I see an interesting opportunity on FTM/BTC that is high risk, high reward. Right now it is sitting above a major support/resistance level that has been playing over the past month on the 1D chart. In addition, the MACD looks like it is flipping to a bullish crossover soon and the coin is oversold (like most other altcoins right now). Because we are near such a crucial support level, I am entering this with a tight stop loss.
Entry: 852-860 sats
Stop Loss: 830 sats
Targets: 900 - 1,000 - 1,100 sats
FTM - Potential Reversal.4hr Chart is showing signs of reversal.
A squeeze is occurring on the 4hr chart, low volatility + squeeze indicates that FTM is going to choose to reverse or drop out.
The 4hr trend crossover occurring indicates that this will be most likely a move up.
the following fibs are potential short term targets.
0.5
0.618
Mid term
1
Long term
1.382
1.5
1.618
Always strive for counter opinions prior to jumping into a trade and ensure you are happy prior to entering any position.
**Not financial advice**
Just an opinion on a potential path for fTM from this point.
FTM/BTC - Large triangle with a price preload to support(FANTOM)Hello everyone, analyzed the FTM/BTC pair
Honestly, well, I not like to open positions in such triangles, because there is a possibility that this triangle can be broken down impulsively.
I will be able to open the entrance to the position only after breaking one of the borders. And after confirming the theory that this triangle is broken by the real volume, you can look at the long position.
For now, I will refrain from taking a position. But I do a small review, for those who are looking for trading positions and want to collect more bitcoins to their wallet.
The levels of work indicated on the trading chart.
The range of operation, levels, and potential stop loss is set by each in accordance with its own risk management, and deposit.
Go to my free channel and chat with other traders. Link in the description
"This is just my opinion, trade with your trading system."
FTM great opportunity with very good R:RThis is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here personal message, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
If u like the analysis, please leave a comment or like, i really appreciate it because then my work makes sense :) thanks!
This is what you can expect from this fantom rally!If fantom succeeds in confirming the breakout of this rising wedge pattern, we will see a continuation in price.
How does this confirmation work? After retesting the upper band of this rising wedge and finding support, a new ATH would confirm this continuation.
However if fantom does not succeed, and drops back inside of the rising wedge, it is more likely this was a bull trap and a blow off top.
Buying these trades is very risky and is not recommended. This rally is currently getting fueled by retail fomo and is very volatile.
A good buy opportunity is the bottom of the rising wedge and previous ATH. Around 800 sats, as indicated on the chart with a green box.
These are only ideas, trade at your own risk!
Good luck everyone! GG fantom
PUMP without a doubtAfter the previous growth, this currency is now ready to grow again and achieve the set goals by correcting its time and creating a price compression with a successful breakout.
Of course, before the start of the pump, one waits for a pullback.
Fantom (FTM) After A 1200% Bullish Wave!Fantom (FTMBTC) hit a low on May 2020 at 38 satoshis (0.00000038).
What followed was a very strong bullish wave that produced 1200%+ in growth.
The peak was hit in September 2020 and then we had a strong correction that ended in a higher low.
Early January the low was hit at 47 satoshis (0.00000047) and now prices are starting to grow.
We have all the same bullish signals:
1) A strong consolidation period.
2) A new low.
3) Volume going high.
4) Bullish indicators.
5) Prices moving above EMA10, EMA21, EMA50, and beyond.
A new bullish wave can follow...
If the last high turns into resistance, we can see 960%+...
But if we hit a new high, the potential profits can be more.
Additional details on the chart.
Namaste.
FTMYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
If u like the analysis, please feel free to ask any question about this TA or crypto or any coin - leave a comment or like or share the idea, i really appreciate it because then my work makes sense :) thanks!
FTMBTC looks ready to break out of 600+ day accumulationzonewatch for fireworks if that range breaks upwards,
consolidation under resistance is bullish.
Has Fantom the potential to become a top 10 coin ?Since I first recommended Fantom in June of 2020 I have written 6 or 7 posts about the coin.
Everytime I am more surprised by the development of the project and the price moves that follow.
I am now up 30 x on the entry price and have unloaded only 1/3 of my position.
The rest is on staking and is a long term hold.
The recent price move caught my attention ! It was violent !!!
Moreover it was not a pump and dump type of move but it sustains itself throughout time....
Fantom is rallying again.
Moreover FTM just completed a giant cup & handle formation relative to the bitcoin chart !!
It is forming a bullish hammer on the weekly, right above resistance.
HAS FANTOM THE POTENTIAL TO ENTER THE TOP 10 ON COINMARKETCAP ?
