FTMPERP trade ideas
an Important Update for FTMHi
I always see all markets that I am working there (Gold, Forex, ...) in big timeframes and also
I use another trading view account that does not have any drawings (which makes charts confusing) and so it lets me see the chart so simple. (I strongly recommend it to you).
Here you just need to see this chart in this way and judge about that
Be Safe and Happy
Altcoin Cycles: What the Vets know and the New Don'tA generalized review of Altcoin price action against the halving. (Generalized meaning there are always exceptions)
There are 3 main categories of altcoins during the year before the halving
- Category 1 = Steady rise in Dollar and BTC value (rare) .05%
- Category 2 = Fall against Dollar and BTC (less rare) 19.5%
- Category 3 = Sideways in price with sparks of short-lived bullishness (80%)
Everyone chases the mysterious category 1 coin. Trading in and out of the hot topic, but most end up in some combination of 2 and 3.
Veterans are packing high quality/high conviction bags understanding that time is on our side. New cryptos folks chase and expect sustained altcoin seasons around every corner.
Doge and FTM are uses simply because they are touted as being some of the best performing coins in 2021 bull cycle. I could have used this for many many charts. notice the "generally" sideways movement before the halving and then the explosion after.
The real value in looking at the charts is that we realize price action during this next year is generally sideways and unpredictable for Alts. BTC valuations may trend down or sideways.
Instead of chasing every new meme, a steady long term approach to building a portfolio of high quality/ high conviction allocations may be rewarded after the 2024 halving.
not financial advice .. just the opinion of a snarky puppy. happy trades
FTM 40% pump is incoming 🆓🚦📌 #dyor
💰 Position size :: 1%
💱 Leverage :: cross ➖ 2-5x
🪙 UPCOM:FTM -USDT 📌
#futuretrade :: ↗️......🌴
#BUY :: $0.2160 - $0.2397 ( split % 💰 )
🎯
:: $0.2683
:: $0.2959
:: $0.3478
Stop 🛑 lose #SL :: $0.2056 🚏
📌 always move stop lose #sl
when target get reached 📌
#risk :: medium #scalping
#explanation 👉
day looking good 🙂 but weekend bearish 📍 let's hope postive
FTM Full Analysis For Long-TermHey Guys… How are you today? 👋👋
It's a new day and I want to talk about FTM (Fantom)…
✔️ Before that, I want to remember It's not financial advice.
✔️ I'm just sharing my view and opinion of the chart. Please see and think about that. The situation is so complicated.
It's my duty to tell you something honestly.
But, first, I ask you to Like my analysis, follow me, and Share this analysis with your friends.
It will give me more positive energy to publish more analysis.
So, thank you for your support.
Let's go into details.
As you see, we have Three Main support zones. The first one is around 10-11 Cent, the second is between 5-6 Cent and the last one is around 3.5-4.2 Cent.
Buying on Shadow will be very exciting. So, I will put my order on 4 Cent.
I'm sure the first support will be lost soon. If you check this asset's chart in the weekly frame, you see a Head and shoulder pattern that the neckline is breaking.
So, we have to focus on this support and it's very important to us to money management.
By the way, there is good news for FTM, if you can buy FTM at the lowest level, this asset will give you a huge profit of more than 50,000% at the end of the Last Bull Market.
If you need to analyze in another time frame, for example, 4H or 1H, please send me a message
It takes about 4-5 Years. I think you should know the worth of this asset and this huge profit … can you imagine this profit? 🙈 🙈
I want to buy and hold FTM on 3rd support zone and my final target to sell is around 20 USD.
I'm sure you are confused right now. But it's ok and there is no problem. Time proves everything.
If you have any questions, or if you need to know more details please don't hesitate to contact me.
🙏🙏 Please don’t forget to like 👍, follow ✌️, and share 👌 this analysis with your friends. Also write your comments below, Do you agree with me? do you think we are still on a downtrend? and what is the last target of this downtrend?
Thank you so much for your attention and participation 🙏🙏
Wish you the best 🧞♀️
Sincerely Yours
Ho3ein.mnD
FANTOM - Easy Corrective Play ✅Fantom is currently in Wave B correction = 3 subwaves. We have almost finished subwave B and looking to capitalise on subwave C.
Trade idea:
- Watch for a break of the red trendline for confirmation that we've started wave C
- Risk entry can be done on lower timeframe once reversal pattern appears
- Stops below price once red trendline breaks
- Target: 5 and then taper and get ready to short
Goodluck and as always, trade safe!
FTMUSDThe analyst is using a descending analysis to predict the price of Fantom. This means that the analyst believes that the price of Fantom is likely to go down . If the price reaches $0.4211, the descending analysis will be invalidated
The analyst is also using a time-based profit limit
Risk warning
Financial markets are at risk of losing assets. Investing in financial markets is risky and there is always the possibility of losing assets.
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. Be carefull for the PPI News. It gonna make market in high volatile. DYOR
FTMFTM moving in a range currently in a downtrend we will look for breakout or breakdown with volume and consider it after retest.
FTM Daily Chart Hi
It seems that FTM has 2 possible scenarios.
Scenario 1 : Wave II is the bottom and we are in up trend
Scenario 2 : Price 0.165 was wave A primary and we can expect a Zig three down.
Wait and See
Thanks
FTM Weekly HistoryHi
As you see in the chart our dear FTM has been completed its huge bullish rally after hitting the price ATH 3.3593 and made wave 1 cycle and then started its corrective waves (1,2,3,4,5) to make a ZIGZAG for wave 2 (as usual). Wave A (Primary) of this ZZ (Zigzag) ended in 0.1614 and after that an ABC (Intermediate) started. Wave A (Intermediate) and then wave B ended to make a Channel to estimate the end of this FLAT{(ABC)}.
For next days we can expect a bullish motive wave to make wave (C) and complete B (Primary).
If our interpretation is correct so we can expect another bearish movements for this PRIMARY CORRECTION (ABC) to make the next lower low for wave 2 (Cycle) in the level of 50 to 61.8 or ever lower levels to 78.6 AND THEN OUR BIG WAVE 3 WILL START.
Do not forget that Elliott Wave counting method is an ocean of possibilities.
THANKS
✴️ Fantom Bulls | Test And Retest CompletedThe Fantom bulls are ready.
When a bullish breakout happens there is always a retest before additional growth, let me show you in detail.
Fantom started its bullish phase after hitting a low in November '22.
This low is the "test" that leads to the first wave in the 5 up wave pattern of the Elliot Wave bullish impulse.
In mid-December '22 we get a higher low and that's the "retest" which matches wave 2 of EW.
Fast forward to 2023 present time.
June 10 FTMUSD hits a low and starts a new bullish wave, can be a 1,2,3,4,5 bullish impulse. After a bullish break, a retrace is normal and this we are calling here the "retest".
This happened 7-July and ends in a Doji candlestick, meaning indecision. Today going green and then closing green would give a confirmation for a reversal (resumption of the bullish move).
The test and retest can also be seen as a short-term higher low.
Classic retrace after a bullish breakout that leads to additional growth.
And thus we can expect higher prices as long as the 10-June low holds.
Namaste.
ftmFinishing the Phantom modification and ready for big growth
The long-term goal will be $100
Decide for yourself
ftm usdti am looking to open 2 positions after the candle close i have to wait to see what will happen
✴️ Fantom | 11 Bullish Signals1) Trading back above 0.786 Fib. retracement of the Nov. '22 - Feb. '23 bullish wave.
2) Trading above EMA10.
3) Bullish divergence with the MACD.
4) MACD bullish cross.
5) MACD histogram turns green.
6) Long-term higher low (June '23 vs Nov. '22).
7) Falling wedge pattern bullish breakout.
8) Bitcoin and the rest of Cryptocurrency market bullish; What one does, the rest follows.
9) Long-term hidden bullish divergence with the RSI.
10) RSI became weak/oversold on a long-term higher low.
11) Cryptocurrency is the future of money!
Namaste.
FTM entryftm stochastic on the 4hr needs to reset or bottom that correlates with the touch of the trendline this being our entry after which we can look for a 5% push to the next order block that also correlates with the upper trendline
FTM - King of altcoins?Ladies and gentlemen...
I have talked about this in our last video and with great pleasure i want to announce that we are going to cover Fantom more frequently in the future.
Originally our altcoin package consisted of Solana, Chainlink, Polkadot and Vechain, from now on Fantom will be a part of our updates too!
Additionally, I want to announce that we as Mendenmein Capital will start our own Youtube channel where we will cover a broader range of assets and in a more detailed way.
Now let's get to the chart.
Most Fantom holders have been crushed in the bear market last year, to put things into perspective, Fantom declined by nearly -96%.
It isn't surprising that most investors sold their positions at a huge loss, and I have seen people on here and other platforms such as reddit pretty much give up regarding this project.
Sadly, those circumstances are a perfect "Bottom-Signal" and the price skyrocketed by +300% in a matter of weeks!!
The momentum in this coin was astounding, and the price breached above the three important lower high's of the bear market. (0.33$ / 0.41$ / 0.52$)
More good news are pouring in regarding the fundamentals of this project, and we established a very clean bullish 5 wave impulse.
Everyone who wants to prepare for the upcoming wave (iii), the following information is very important.
We estimate that Fantom is establishing a bearish wave (ii) and we already finished wave (a) in a bearish 5 wave impulse.
This means that we shouldn't experience an overshooting wave (b) and the price should tumble below the last wave (a) low at exactly 0.40$!
We highlighted a buy zone on the chart which ranges from 0.41$ - 0.265$, we as Mendenmein Capital will start to accumulate coins as soon as this zone is reached!
We choose to share our long term chart with everyone on here below.
FTM desceding triangleLooking for a bounce to .44 - .46$ level, then back down below .30$ in the summer.
Fantom- $1 by the End of the YearI feel like we're gonna consolidate in this big triangle. Which resistance line will be the top of the triangle? Perhaps one of those lines I drew. There's a methodology there, trust me.
Within the triangle, I see resistance at
$0.40,
$0.60,
$1.00 (or $1.10)
Good luck!
FTM is in Danger of Testing Much Lower Price RangesFTM chart is not looking very good in the near term.
If FTM breaks below 0.20 level, it could accelerate down to 0.04 level which is aligned with the 0.618 golden pocket.
FTM is also forming a head and shoulders pattern and if it breaks the neck line of 0.1660 the price target for that is also right below 0.04.
Fantom at a clean looking channel I don't know, some nice looking touches. Everyone thinks alts are dead, anything is possible but I'm not giving up on the altrun yet, Bitcoin has followed my plan so far, didn't think alts would go this comeback down again but we'll see if we can get going again.
[UPDATE FTM] Ok, they did it again. Next is 0.27.Redistribution is happening fast. Schematic #1 was invalidated. Now we are going down fast.
FANTOM - Get Ready...Fantom is currently in an ABC correction for a move higher.
We've already made the bottom so we have a strict invalidation level to work with. The upside potential is incredible (1500% gains) compared to the downside risk associated with this trade.
Trade Idea:
- For a safe entry, watch for a break of the channel
- For a risk entry, enter on break of lower timeframe trendline
- stops below the bottom
- Targets: 0.97,1.47, 3.5, HODL the rest and manually close.
Goodluck and as always, trade safe!
