#FTM/USDT A Falling Wedge has formed on the 12-hour time frame#FTM/USDT
A Falling Wedge has formed on the 12-hour time frame👨💻
The pattern is poised for a potential breakout🔺
If a successful breakout occurs, a significant bullish wave is expected🌊
FTMPERP trade ideas
FTM about to breakout or get rejectedFantom is about to breakout of a clear resistance, it has already tried to breakout once and has failed. This should be interesting
Get rich with this offerTwo explosive buy deal offers
The first is short-term and fluctuating
The second is long-term and maintenance
You can also use this opportunity for a sales position .
#FTM
#crypto
Fantom: Docked in 🚢⚓FTM has reached our magenta Target Zone ($0.76 – $0.50). Here, we expect the low of this same-colored wave (ii). Long positions could be opened here accordingly. Stops could be placed around one percent below the lower edge. With the low in place, a rise above the $1.22 mark should be on the cards.
FTMUSD Descending-Broadening WedgeClear time to buy the dip on FTM, the only question is to buy now, or wait to see if we drop to 60c.
FTMUSDAccording to the waves analysis we can expect that price rise again to the green zone. follow me for more ideas
Fantom: Strong Bulls 🐂FTM rose sharply over the last seven days. We now consider the low of the turquoise wave 4 to have been placed in our Zone ($0.76 and $0.87). With the last leg of the turquoise-colored five-part wave, the price should now rise above the resistance at $1.22.
FTM Eyes 70% Hike Overnight Jump: FTM price has experienced a significant overnight increase, maintaining its position above the 23.60% Fibonacci retracement level.
Bullish Engulfing Candle: The appearance of a bullish engulfing candle indicates strong underlying bullish momentum for FTM.
Price Projection: If the current uptrend continues, the FTM price could potentially reach the $1.75 mark.
Market Capitalization Growth: Fantom's market capitalization is nearing the $3 billion mark, signaling a bullish trend for its native token.
Reaction to Bitcoin's Volatility: Despite the overall market weakness and Bitcoin's price dip below $70,000, FTM has shown a significant jump, raising questions about its sustainability amidst rising BTC volatility.
General Market Sentiment: There is an optimistic market sentiment projecting FTM's price sprint to $10 within the year.
Trend Reversal and Performance: Visible trend reversal in the weekly chart, indicating a significant upside potential. The price has seen a 462% increase over the last 175 days, crossing the $1 mark.
Current Price Status: Despite a recent 18% drop over two weeks, FTM is trading above $1, currently at $1.0298, with an intraday increase of 1.11%.
Technical Indicators: The weekly Relative Strength Index (RSI) remains in the overbought zone, suggesting a strong demand for FTM.
Daily Chart Analysis: A bullish reversal from the $0.8197 mark (or the 50-day EMA) has been noted, with the coin now showing a 5-candle bullish streak, indicative of a rounding bottom reversal.
Optimistic Outlook: Should the buying pressure continue, FTM's uptrend might reach the $1.75 mark, corresponding to the 50% Fibonacci retracement level, suggesting a 70% upside potential.
FTM -LONG !!!we fill a position with several limit orders, targets and limit orders are marked on the chart, good profit to everyone
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.
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:
FTMUSDT #N50FTMUSDT
This is our short position, you can take long as well.
En: Black lines
Sl: Between Red Lines (1% of your balance)
Tp: Green
(Check the picture or tradingView for Numbers)
Cancel if Tp crossed without opening
#60Min_trade
#N50
FTM approaches demandFTM approaches the demand zone on this market dump, keep in mind these are local daily timeframe demands. Weeklys are MUCH lower than dailies but I do not expect them to dump that far.
-Expect 74-82 cents here with possible flushes below the purple trend
FTMUSDT SHORT OUTLOOKHello Traders, this is outlook that i think might be work. All Entry, Stop Loss, and Take Profit its already showed up. All trade it is on yourself. DYOR.
FTMUSDT.PCertainly! Here's a description for FTM USDT.P:
---
**FTM USDT.P (Fantum USDT Pegged)**
FTM USDT.P is a groundbreaking cryptocurrency designed to bridge the stability and reliability of the US Dollar Tether (USDT) with the innovative Fantom blockchain technology. This digital asset serves as a vital bridge between traditional finance and decentralized ecosystems, offering users the benefits of both worlds.
Powered by Fantom's lightning-fast blockchain infrastructure, FTM USDT.P ensures swift and cost-effective transactions, catering to the demands of a rapidly evolving digital economy. Its integration with the USDT stablecoin provides stability and mitigates the volatility often associated with traditional cryptocurrencies.
**Key Features:**
1. **Stability:** FTM USDT.P is pegged to the value of the US Dollar, providing users with a secure and stable medium of exchange within the decentralized finance (DeFi) landscape.
2. **Efficiency:** Leveraging Fantom's high throughput and low-latency consensus mechanism, transactions involving FTM USDT.P are processed swiftly, enhancing user experience and facilitating seamless transfers of value.
3. **Interoperability:** FTM USDT.P is interoperable with a wide range of decentralized applications (dApps) and platforms within the Fantom ecosystem, empowering developers and users to explore diverse financial services and utilities.
4. **Transparency:** Built on blockchain technology, FTM USDT.P ensures transparency and immutability of transactions, fostering trust and confidence among its user base.
5. **Accessibility:** As a digital asset, FTM USDT.P offers global accessibility, enabling users worldwide to participate in decentralized finance, remittances, and cross-border transactions with ease.
**Use Cases:**
- **Remittances:** FTM USDT.P facilitates instant and low-cost cross-border remittances, empowering individuals and businesses to transfer value globally without intermediaries.
- **DeFi Applications:** FTM USDT.P serves as a cornerstone for various decentralized finance applications, including lending, borrowing, yield farming, and decentralized exchanges (DEXs), unlocking new avenues for financial inclusion and innovation.
- **Commerce:** Merchants and businesses can accept FTM USDT.P as a reliable payment method, benefiting from fast settlements and reduced transaction fees compared to traditional payment networks.
**Conclusion:**
FTM USDT.P represents a significant milestone in the convergence of decentralized finance and stablecoin technology. With its unparalleled speed, stability, and interoperability, FTM USDT.P is poised to catalyze the mainstream adoption of decentralized finance, offering users worldwide a robust and efficient alternative to traditional financial systems.
---
Feel free to adjust and customize it further based on specific details or preferences!
FTMUSDAccording to the waves analysis we can expect that price rise again to the green zone. follow me for more ideas
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.
FTMUSDT SHORT OUTLOOKHello Traders, this is outlook that i think might be work. All Entry, Stop Loss, and Take Profit its already showed up. All trade it is on yourself. DYOR.
FTM channel continues 1$ supportFTM continues within the broader upward channel, bouncing off a failed breakout attempt and retesting the 1$ range. This psychological level was upheld so far creating another range of support. I expect 1.33ish within two weeks. A stochastic reset here makes sense with the oscillation we have noted within the channel. BTC remains much stronger than I expected. I predict that FTM will be a very strong token throughout this year.
FTMUSDImpulsive price action add credence that wave (3) of ((3)) unfolds with possible target 1.618 fib extension.
We used log scale on this count!
FTM tests channel breakoutFTM has grown immense strength after the last several weeks. My short-term target has been hit at 1.11$. This is a test to flip the channel into a supportive structure on the top side.
-Next stop 1.26$ since the fed party allowed us to continue rampaging through the markets ; D
FTM is in a huge rush to the moonOh my goodness!
We just broke out of an ascending channel!
In daily time-frame we have a superbullish flag.
Sky is the limit.
Check my other ideas before it's too late .
Fantom is going banana!Hello hello.
Look at weekly RSI.
can you see its grandeur?
As i said before, FTM has no obstacle.
I exit around $6
