FTM - Time to Lock In for a 2x Ride to $1?Fantom ( UPCOM:FTM ) is sitting on its key floor support zone. A level that has historically triggered 50% to 100% pumps. Now, price is coiling within a triangle and looks ready to break out.
Could this be a start of a run to $1?
Let me know your thoughts below!
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FTMUSD trade ideas
FTM/USD 1D ChartHello everyone, let's look at the 1D FTM to USD chart, in this situation we can see how the price is moving in a descending triangle where we are approaching the moment of trying to choose the direction in which the price can go further.
Let's start by defining the targets for the near future that the price has to face:
T1 = 0.66 USD
T2 = 0.81 USD
Т3 = 0.93 USD
Now let's move on to the stop-loss in case the market continues to fall:
SL1 = 0.44 USD
SL2 = 0.31 USD
SL3 = 0.21 USD
If we look at the MACD indicator we can see a return to a local downtrend, however we are still in a place where the trend can reverse and surprise us with growth.
FTM/USD target 20 ### **Analysis of FTM/USD Chart (Monthly Timeframe)**
1. **Cup Formation**:
- The chart shows a **rounded bottom pattern**, indicating **accumulation** and a potential long-term bullish reversal.
- The **blue curved line** suggests a cup-like structure, commonly seen before a **parabolic breakout**.
2. **Current Price & Target**:
- **CMP (Current Market Price)**: **$0.62**
- **Target**: **$15 - $20** within 1 year (high-risk, high-reward trade).
- The upside target suggests a **~24x - 32x move** if the breakout occurs.
3. **Resistance Levels to Watch**:
- **$1.15 - $1.70**: Initial resistance zone
- **$3.35**: Mid-term breakout level
- If price sustains above these, **exponential upside is possible**.
4. **Suitability**:
- The note suggests it is **for aggressive traders**, indicating **high volatility and risk**.
- Patience is needed for this setup to play out.
### **Conclusion**:
- If momentum continues, **FTM/USD could see a strong rally**.
- A breakout above **$1.15 - $1.70** could confirm a **major bull run**.
- **High-risk, high-reward trade**—position sizing is key.
FTM/USD 8H possible correction?Hello everyone, let's look at the 8H FTM to USDT chart, in this situation we can see how the price has broken out of the local downtrend line, which it is currently moving above.
Let's start by defining the targets for the near future that the price must face:
T1 = $0.75
T2 = $0.86
Т3 = $1.02
Т4 = $1.19
Now let's move on to the stop-loss in case the market continues to fall:
SL1 = $0.60
SL2 = $0.49
SL3 = $0.42
SL4 = $0.32
It is worth looking at the RSI indicator, which shows how strongly we have broken out of the upper limit of the range, moreover, here we can see how we have touched the level of 81, at which price rebounds were previously visible.
Sell?!!!@Ftm..There is a high probability of entering into a correction after that, continuing to decline because the general indicator is still giving us a downward trend. As long as we do not see a change in the trend towards an upward trend, we are in a downward trend. This is just an analysis and not financial advice.
FTM IS EXPLODING !#FTM has a real potential coin which is going to rise as soon as possible
the whole pattern is really clear and we are sure that this coin will rise higher than its last ATH so its better to wait and see what will happen also this coin has a real good news and fundamental as its going to turn into sonic platform so its technically and fundamentally good for investing
FTM low time frame update#FTM pattern tells us that the market is ready for a big rise
the pattern was a bind of an uptrend and a down trend the down trend wanted some liq to be stopped and it took this liq from stop losses and now its hungerness is done !
just because of the bearish pattern in the whole market we have 2 scenarios once is rising from here and the other one is rise after another down
there is a real positive pattern in higher time frames check this out
FTMUSD-TO-SUSD Chart From The BeginningFriends, please look at the base trend line coming from the beginning. It also shows that the support value will be 0.26 Dollar around in THESE DAYS (18-40 Days). Besides that targets are on the chart according to the parallel speed and resistance lines going upward. Supports are too, on the chart. Let's see how such a name changing absurd will result. If I were FTM Project- lab owners, I had preferred ''Fantom'' as a name instead SONİC and wouldn't change.
Bad news FTM holders markets require more blood sacrificeThe price action of the past few days from the latest bottom of 66 cents seems to have been a bearish retest.
the massive long term support has turned into resistance
the bearish retest has been completed
now down again
RSI also has hit resistance.
more blood more pain
the bit question is when after 68-69 cents is reached:
double bottom confirmation and bottom is in, with rising RSI
or
max pain, max blood scenario of visiting 53 cents with also rising RSI, forming a bullish divergence?
the second part remains to be seen in several days
first part is clear
more blood from FTM holders
sorry, bulls
This is a SHORT-TERM analysis only
should we assume deviation and downtrend breakout for FTM?let's see if this breakout holds. FTM massively broke down and then broke down some more, but could be considered deviation. Either way, we can now look forward to a potential scenario of retesting the HTF support and resume return to upward move.
Fantom long term buy opportunityI only hold a couple of coins for longer term if I see a stong technical setup.
Fantom is one of the crypto's I hold for the next bullrun, so longer term investing.
No short term trading.
The reason is the price is at a stong demand level on the weekly chart supported bij the 200 MA.
At such a demand level a lot of buy orders will be triggered and also whales look for this kind of levels to step in heavy in the market.
I see the price moving up explosive from here, we also are far away form previous all time high so 300% up is not a strange number.
FTM - Oversold to Aug 5th 2024 Crash levels!The selling on BINANCE:FTMUSDT is overdone on the 8H Chart
Last time the RSI was this low, was on the AUG 5th 24 crash lows!
The market is turning higher for ALTS, I can see FTM catching up and not going much lower from here, considering we're in the high volume node accumulation zone.
Coiled spring, ready for a bounce out of the accumulation zone.
FTMUSDTFTM hold steady before reaching Daily support area and need a strong buyers to get above cluster area (weekly pivot and daily support point)
Fantom-FTMUSD Periodic Analysis (Issue 57)The analyst believes that the price of { FTMUSD } will decrease in the next 24 Days. This prediction is based on quantitative analysis of the price trend.
Please note that the specified take-profit level does not imply a prediction that the price will reach that point. In this framework of analysis and trading, unlike the stop-loss, which is mandatory, setting a take-profit level is optional. Whether the price reaches the take-profit level or not is of no significance, as the results are calculated based on the start and end times. The take-profit level merely indicates the potential maximum price fluctuation within that time frame.
Bearish monthly for FTM S more dump incomingFTM S monthly broke through critical support on the HTF and is now poised for further downward correction. Don't worry, maybe when they launch new charts with S, it will not be visible. We will, however, remember...