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FTMUSD trade ideas

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
BINANCE:FTMUSDLong
by sachu_blessyou
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.
BITFINEX:FTMUSD
by tcr_thecoinrepublic
FTM. POSSIBLE PULL BACK IN THE MAKINGFTM has only been under the 200 moving average on the 4 hour chart one time in the past. we made a few re-tests, but failed. We are below it again, and failed the first re-test. It could start to trend down to my purple support trendline, and we could be seeing a bounce in the 1.80 area. If we break the purple support line, we can find further support in the 1.56 area. Next support levels are 1.26, and 0.96 areas we also have resistance in the 2.44 area
BITFINEX:FTMUSDShort
by Bull-Flag-Buyer
1
FTM short after retraceFTM has been on a steady downtrend, and is looking for a new leg up, not only technically but also fundamentally. A lot more users are starting to discover the possibilities of the FTM ecosystem. Presuming that the trendline from ath is respected then we can see FTM reach the $1.8 zone which is an optimal place for longs. Watch for rejection from the support trendline (red dashed) and keep tight stop loss. If we get confirmed breakout from descending trendline (red) Raise stop loss to breakeven. Depending on whether the overall market is bullish support should hold, but with the current situation a shakeout is possible.
BINANCE:FTMUSD.P
by nirrex