FTM breaks channelFTM has broken the channel I had been charting to the upside. I expect this trend to continue with likely 3 Green candle bodies ( 3 white soldiers). This would print a continuation pattern then hopefully over the next few weeks a return to the teal momentum trend line. A likely retake around 55-60 cents in the future.
FTMUSD trade ideas
FTM channel to channelFTM broke out of the descending channel to this horizontal I have marked. In order for me to get bullish short-term a retake of the real line is needed. The stochastic RSI has been expanding to the upside which is bullish. A possible third wave to the upside could occur.
My short-term target is 42 cents, if we bounce from there we could get back to momentum trend.
FTM / USD is preparing to fallHi friends
As I mentioned before I never trade cryptocurrencies in small timeframes and I prefer to spend 10 - 20 percent of my CFD profits to invest in crypto but there is a very important point in this strategy. You should not invest your money in a market that is not in a bullish major trend and now this is real for Crypto Market so wait till this market reverses.
One of the most beautiful trends I have ever seen in this market is FTM and could not regret it in my Publish Ideas.
We can see a text book cycle 5 waves that completed in 3.6894 in Oct. 2021 as our wave 1 Supercycle and then a downtrend correction fifth waves as wave a cycle of (abc) supercycle (wave II) that completed in 0.1642 and then trend went to form a sideways pattern (Flat) for wave b and what is happening now is wave c(Primary) of wave b cycle and I guess will see wave c cycle (Sharp Fall) very soon(Maybe in the same time with BTC drop).
I am planning to get this bearish trend when wave C primary completes and wave c cycle starts with a countable fifth wave.
Be Safe and Happy
Fantom hyberbolic scenarioWhen this happens, I''ll cheers you from the Bahamas. Don't sleep on Fantom Sonic.
FTM reboundFTM looks to have rebounded pretty nicely here breaking out of the downward channel. The token has a lot of work to do to climb back to the previous trend. Unfortunately this is one of the weaker charts I have been tracking despite me being a long-term investor in FTM.
FTM - possible $7??FMT looks like it want to break up from this expanding triangle and head for $7 - all going well and there are no flash dips.
Worst case scenario I see a dip to $1.
What're your thoughts? Like and let me know in the comments below.
FTMusdafter the crash ftm is roaming around the support zone , 4h candle holds at support and it's a confirmation for the trend reversal.
Fantom: Recovery? 🩹The Fantom price has managed to slow down its decline a little. Our primary expectation is that it should recover soon and continue its rise. After all, the magenta-colored wave (3) the coin is currently working on should continue well above the $0.65 resistance level. Only the 35% probable alternative would see a different course. It considers the upward swing that the price has made since October as merely part of the substructure of the magenta-colored wave alt. (2) and would require a drop below the support at $0.16 before this move is completed.
Fantom $FTM in Accumulation PhaseFTM price in accumulation zone. It is being trading between $0.35 and $0.56 for a month... This may take until March
It's not time to sell Fantom, yet... $1 soonFTM coin price will surpass the $1... More precisely as long-term savings
FTM intraday setupFTM inside falling wedge pattern,
short below resistance or at current price 0.4672
target at 0.4513
good luck
FTMUSDTThe roof of the channel will be broken soon. By breaking the ceiling of the weekly channel, the next target is 1 euro.
I have set $30 for FTM for 2024.
As long as we are on this channel. It is a good buying opportunity.
This analysis is for spot.
If it breaks, we will see $1 soon.
Fantom: A thing that exist only in your imagination!FTMUSD is a great opportunity to take profits!
Extraordinary Risk to Reward trade for a cryptocurrency that is favored by crypto experts fundamentally! around days which BTC potentially is experiencing last days before a sharp move!
Look at my old days BTC analysis and see how easy was to get a good profit out of short and long positions during the last 24 months!
What we see in the chart is a powerful OB+ and what we expect is a reversal!
FANTOM TO 1$ - +120%Like many other alts, FTM is going up to the 1.618 levels. I put two fibonacci extensions setups to find out possible target.
The 1.618 religion is back!
FANTOM - Boom! +150% Banked ✨In our last analysis, we identified we were in a correction were looking for a move up to complete wave B, subwave c. We are now nearing its completion and have banked over 150%.
We are now focusing our efforts on finding the reversal point for the next big trade. We have the fib levels falling in line with the recent highs.
Trade Idea:
- Watch for price to enter our reversal zone within the fib levels
- once there, look for rejection signs
- use trendline break or BOS for entry
- Targets: 0.17, 0.8, taper thereafter
Goodluck and as always, trade safe!
See below for our previous analysis.
FTM hit first targetFTM has hit the first price target for December of 43 cents, the bearish price target is marked as a dashed green. My second bullish target is the next dashed green level of ~53 cents. The supertrend indicator has maintained bullish since that low of volume. Volume is on a high uptrend along with RSI. This past CPI print could bring us to 1$ by Feb.
FTMUSDFTM could be interesting. After long time, it could go up. 0.19 usd is very important level. If it takes and hold, it will go very very up
#FTM/USDT#FTM
The price has been moving in a descending triangle since last February
The price gained support at 0.1730
The price is expected to break the downtrend at the current price
First target : 05160
Second target : 0.6555
Which represents 200% of the current price
With an oversold presence on the MACD
✅Thank you, for more ideas, hit 🚀 Like❤️ and 🌟Follow🌟!
#Ftm#Ftm
The falling wedge breakout has been confirmed, and a move towards $0.50 is expected in the near term.
FTM/USDT Assessing Bullish Breakout Potential?👀 🚀Fantom💎 Paradisers, turn your attention to #FTMUSDT as it presents an intriguing trading scenario. Currently positioned in a demand zone and having recently executed a Break of Structure (BOS), FTM is showing a strong likelihood of breaking above resistance and initiating a significant bullish movement.
💎 Reflecting on #Fantom market behavior, it has been adhering to a descending trajectory. Presently, it is approaching a critical resistance level at .4428. If the price respects this level, we might witness a pullback to the BOS level. However, a successful breakout could lead to a vigorous bullish rally, aiming to overcome a higher resistance level at $.6599.
💎 However, it's crucial to stay grounded in the volatile crypto market. #FTM traders should be prepared for multiple outcomes. If it faces challenges in breaching the resistance zone and loses momentum, shifting focus to a recovery strategy from the support level of $.2855 becomes essential.
💎 A decline below this support level would necessitate a strategic shift. This development would call for a reevaluation of the bullish perspective and an adjustment of trading strategies to adapt to new market conditions. 🌴💰
