Get ready for the pump FTM 80% updsideDescending triangle about to break. We need a strong green candle.
FTMUSD trade ideas
Key levels approaching for FTM Some key levels directly ahead for FTM... Hold? or back to Goblin Town? Likely have to get a wagon to pull around my bag for awhile...
FTM USD - Potential Wyckoff Accumulation PatternFTM USD looks to be creating a Wyckoff accumulation schematic.
Price is currently showing signs of putting in a "spring" and we could expect to see one last test of the lower level of horizontal support which is where I am aiming to take an entry. Aiming to take profit at the top of the range.
Headed to Goblin-town? Not alot of option left on the table for $FTM... UP or a one way ticket back to Goblin Town... Bummed
fantom free fallyeah the bestie is going down,, descending triangle signifies trend reversal, this time to the downside i assume
FTMUSD ideaKey level here to watch is 2,1 - if we see a reaction on short time frame (H1 minimum), it is a nice spot to go long to target 2,6 / 3,1 / 5,4 long term
If 2,1 breaks, as it is a long term play, I will hold until 1,85 (last zone of resistance)
FTM Fantom we MUST pay attention to price here We are currently at the mid-range after spiking up and rejecting back into range. We are likely to see a bounce at the mid-range but if we are to lose this level there is a demand zone that coincides with the 50 day MA that will almost certainly get tapped. The RSI is giving mixed signals here as there is a strong bearish divergence based on the highs but a weaker hidden bullish divergence based on the lows. If we lose the mid-level I will look to sell and buy back if the range lows hold. With stocks overextended and interest rates bound to go up, we are in an uncertain place where it's better to be safe and pay attention. It's better to sell if things look bad and miss a few percent on the way up vs losing 90% of one's portfolio on the roller coaster down
FTMUSD -- LongFTM showing signs of accumulation after a big draw down. Measured moved of accumulation structure = $2.95.
Hidden MACD and RSI Bullish divergence on 4h.
Bearish biasThis pair has broken out of the ascending trendline and has broken the horizontal support. The price has retested the previous support and we can see some bearish rejections. I expect the pair to continue this bearish momentum. Strongest area of support is 1.28
#SpeculativeSetup
#NFA
#RiskManagement
FTM appears ready for higher levelsWatch this new resistance trendline.
MACD 1H may curl down and test previous resistance before test and breakout of YELLOW trend.
Once broken $2.60 is the next target.
Good Luck
FTMUSDMy 2 cents on one of the strongest coin. Risky scenario to bid on.
Prob. approach : 70% to TP1 / 30-40% to TP2
FTMWe need a break to continue growing. I expect a test of the strength of the trend line. However, there are bearish signals on the chart as well. It is a double top pattern, also low volumes do not inspire optimism.
In any case, it is important to keep an eye on the bitcoin, which might affect the situation.
The nearest support zone: 1.44-1.60
Nearest resistance area: 2.27-2.41
descending triangle breakout,, the bottom is behind usbeen extremely bullish the last few months,, the market has done pretty much exactly what i expected so far. i think the BTC bottom is behind us so things are just looking really good right now imo. ive got a stop loss under the triangle incase im wrong though,, wish me luck friends
FTM BreakoutWatch for FTM to close hourly candle above $2.05 for continued rally.
FTM has exited now just watch for confirmation. Then should travel quickly to $2.30
Good Luck
Potential Short For FTM STILL IN BEARISH CONDITIONS FOR FTM AND A SYMMETRICAL PATTERN HAS BROKE WITH A RETEST ON THE LOWER TRIANGLE
STOP LOSS 2.00
TAKE PROFIT 1.64
RISK REWARD 2/1
Please leave a comment as all ideas or corrections to my analysis will be very helpful :)
Fantom fractal points to a retest of all-time-high 3.70If Fantom is able to hold 2.0 above the ema 200, it may repeat the previous fractal.
The ema 5 should be turning up in the next few candles.
Fantom is relatively in a stronger trend amongst cryptos.
Not trading advice
Where Will The Downtrend Of FTM Coin Price End?The weekly technical chart of the FTM suggests a strong consolidation trend in price for upcoming days. The asset is currently stuck inside a consolidation zone and can soon see a strong momentum to a new high. Fantom coin price is trending in a supply zone and may soon see a breakout to a new high in the future. The upside trend of FTM may see a halt near the value of $3. Meanwhile, on the downside, the coin can see a bounceback near $1.5. It is currently trading below the 50 and 100 Daily Moving average, with an upcoming negative crossover in the future. If the coin price see a jumps above 15 to 20% above the current level then a strong momentum can be seen. FTM/BTC pair might also see a strong move in the future.
FTM possible direction Looking for FTM to make a swing to the low, if breaking through the BEARLIN wall. It'll give me some good indication that my play has a higher probability.
FTM back to $3Here we go, BULL SPEED AHEAD.
FTM should ran back to the big resistance at $3
Good Luck
