FTM/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
FTMUSD trade ideas
Fantom ($FTM) New FIBFantom ($FTM) New FIB: With the recent pull back, $FTM aims to turn $1.9159 resistance to support. Hopefully a moonshot to $2.31
LTO FTM FractalLet's see if FTM follows the LTO path from last year.
Previous chart for reference, comparing LTO and ATOM
Declines Buying OpportunityEntry Reasons
Market structure breaked
Daily open should test
Pair should retracement
My Afraids
So much volatil pair
Fantom on bullish flag FTM,, on bullish flag. Price already bounce at Fibo level 0.618. And it did break already on flag formation. Let's see if we can reach pur target.
FTM MORE UPSIDE COMING!looks good here. Followed the parabola the entire run and we might see one more touch before the next impulse
Fantom to break resistanceSince 21 Sept, FtmUsd is putting in higher lows on our chart.
At this moment Fantom is trading exactly in resistance and bulls are holding the upper hand.
A break up looks imminent and the next target can be 2usd zone
FTM! Wealth Creating Set Up. This great set up is looking great.
This was spotted at 0.16$.
The Hardest part was to reach 1$.
Once the 1$ broken the way 10$ is Easier.
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Strategy with most success rateThis strategy includes Bollinger bands, awesome oscillator and support and resistance lines.
$FTP Primed for UpsideTriangle within a triangle. Triangle formation on RSI. Volatility is low and looking to expand. Setup for a nice upside or downside move.
Fantom FTMMake of this what you will. FTM has a large flag pole and has formed a bullish flag formation which is supported by the arc and steep trendline. There are various profit targets. The first is $2.00 if the arc plays out, then there's the measured move from the flag pole (for some reason I don't know how to project this in TV and if the trendline holds there could be a potential new arc but I'm thinking ahead too much. Usually when I'm bullish the opposite happens so we'll see.
FTMUSD - bullish falling wedgeFTM formed a falling wedge.
If bitcoin will stay strong, ftm will break out.
Support at red zone.
FTM long FTM printing a nasty falling wedge. Expecting a breakout to the upside. Easy long set up with minimal risk
FTMUSDTif the falling wedge hodls at the .382 i dont see any reason this shouldnt revisit the .618 in october
fantombeen eyeing this setup for a few days now, but wasn't sure what it was going to take to get fantom down to my target.
finally managed to hit it today.
i think it has one more leg down to go, just like the rest of crypto.
a lower low would suffice, possible it wicks to the lower algo target just beneath the 0.382.
target = $2.79
FTM BULLISH FLAG BREAKOUTFTM BULLISH FLAG BREAKOUT
FTM HAS BROKEN OUT ITS FLAG AND HEADED TO 2.69 BASED ON fIBONACCI LEVELS
IM BUYING!
This is not financial advice
Possible Upper Triangle FormingHi Traders,
FTM had been in a downtrend. If that breakout will be successful, it might form a upper triangle in case a re-test. I've seen many breakout pattern with that kind of structure: First it is in a downtrend. Then, it form a smaller uptrend in that downtrend. Then, the uptrend gain some momentum in order to break that downtrend. We are observing that situation.
Of course, this is not the main reason that I believe FTM is bullish.
You see the massive green volume in the SS. This is the most important signal of the beginning of a uptrend.
So what is my plan?
First, I will buy after the candle close in 4 hour period in the spot. If there is no re-test, I will keep it to the end of the orange arrow.
If it does a re-test, I am gonna take a LONG position again with the leverage of 3 at most ( this is totally dependent of the trader. I can handle this risk. Before taking a position, manage your risk. )
I will stop loss if there is a candle close in or below the pink area. Based on the situation, I will probably sell 50% of the position. If it close below the key level, I will close totally.
