FTMUSDTAccording to the waves analysis we can expect that price rise again to the green zone. follow me for more ideas
FTMUSDT.3L trade ideas
FantomFtm usdt analysis
Time frame 15m
2 strategy maybe happen
First blue arrow . Break the rectangle and go to target 1.1$
Second. Yellow arrow. Play in up and down in rectangle, break it . Come back to green up trend line and go to first target 1.1$ then 1.3$
Fantom (FTM/USDT) - Bullish Long TermPay close attention to Fantom, in the short term could be bearish due to not having any daily or 4hr candles etc close above minor Resistance at: "1.02". Rejections off this level could leave the bulls behind and get pushed futher downwards from the bears to "$0.89" roughly.
Long term, if you decide to take this trade, a potential to make a +46% will be with ease. Next target is= $1.46 so keep close details on the key levels I provided on the chart to take advantage.
Line of Support= $0.89🟢
Line of Resistance= $1.02🔴
Target!= $1.46🌟
‼️DISCLAIMER PLEASE READ CAREFULLY‼️
*(THIS NOT FINANCIAL ADVICE, ALWAYS DO YOUR OWN RESEARCH! I AM NOT RESPONSIBLE FOR ANY LOSS OF EARNINGS FROM ANY INVESTMENTS THAT YOU MAY MAKE BASED OFF ANY OF MY IDEAS. ONLY INVEST WHAT YOU CAN RISK TO AFFORD TO LOSE IF YOU MAKE THE DECISION TO DO SO. DO NOT INVEST, UNLESS YOU'RE PREPARED TO LOSE MONEY, IF NOT ALL.)
(CRYPTOCURRENCY CAN BE HIGH-RISK INVESTMENTS DUE TO THE VOLATILLITY OF IT'S NATURE, AND YOU SHOULD NOT EXPECT TO BE PROTECTED IF SOMETHING GOES IN THE WRONG DIRECTION. SEEK PROFESSIONAL ADVICE FROM A CERTIFIED FINANCIAL ADVISOR.)
FTM Trade plan 2024Plan to take some profits from this initial pump then buy back in on the dip around $0.951.
More sales @ $1.65 and $1.80.
AFter that, time to ride the wave to at least $3.50.
FTM looking strong (30% move about to come?!)Fantom looking really strong and Fantom meme coins explodes.
On 4h time frame.
* FTM retest on 20 and 200 Moving average.
* bounce on Fib level 0.38 and then probably continuation - long
I think 0.96 should be a good entry.
Next step local high 1.22.
Don't fade FSonic - non financial advice!
✴️ Fantom Full Correction (Name Your Altcoin)Fantom grew around 300% from Nov. '22 through Feb. '23 and it started a very long, drawn-out correction.
While this can be boring and surely maddening, it is still technically bullish as it trades at higher lows compared to the November 2022 bottom support (grey on this chart).
The MA200 line curving down, pulls prices up.
We can expect a recovery soon... Within days or maximum a few weeks...
I would say days because the 28 of October is less than 2 weeks away.
Fantom will grow together with the start of the next bullish wave.
Namaste.
FTM - Levels to watch Disclaimer: This is not financial advice. Most traders lose money. Trading in digital assets, including cryptocurrencies, is especially risky and is only for individuals with a high-risk tolerance and the financial ability to sustain losses.
FTM/USDT planning for bullish move? 👀 🚀 FTM Today analysis💎 Paradisers, let’s dive into the #FTMUSDT analysis! A fascinating shift has unfolded as it breaks free from its descending channel, creating an exciting stage for a potential bullish surge.
💎 Over an extended period, #FANTOM has meticulously traced the contours of a descending channel. Presently, the price is testing a critical support level at $0.9116. Our confidence in its potential to embark on a bullish trajectory remains unwavering, challenging the overhead bearish order block (OB).
💎 However, prudent preparation is essential: should the price dip below the pivotal support zone, we may witness a pronounced bearish downturn. In such a scenario, our focus shifts to anticipating a bullish rebound from the lower support level at $0.8536.
💎 Remember to employ sound trading strategies and implement proper stop-loss measures! Stay vigilant, monitor market movements, and eagerly await further insights.
MyCryptoParadise
iFeel the success🌴
FTM's RiseFantom (FTM) has been showcasing an interesting price development, currently trading at $0.9297. On the 4-hour chart, FTM's recent climb shows it's approaching a local, dynamic resistance level which may indicate a near-term challenge for the price to push higher.
The Bollinger Bands reveal that the price is nearing the upper band, which can often act as a short-term resistance. This proximity to the upper band at $0.9473 might suggest a potential for either a temporary pullback or, if the price breaks through, a continuation of the bullish trend.
The trading volume for FTM is healthy at 11.604M, which underscores a decent level of trader interest at these prices. The Moving Average (MA) at $0.8966 is below the current price, indicating that the recent price action is still favored by a bullish bias.
The MACD histogram is positive, albeit marginally, with the MACD line slightly above the signal line, hinting at a continuing bullish momentum but cautioning that it may not be particularly strong at the moment.
Stochastic Oscillator values are high, indicating that the price might be in overbought territory, which sometimes leads to a subsequent price correction as the market consolidates.
Finally, the Relative Strength Index (RSI) is above its MA and remains in a healthy range without showing signs of being overbought. This suggests there might be some room for the price to go up before facing selling pressure due to being overbought.
In summary, Fantom's market dynamics are showing signs of a bullish trend, but as it nears the dynamic resistance level, traders will likely watch to see if it has the strength to break through or if it will retreat and consolidate before making another move.
FTM TO 1$FANTOM is a decentralized blockchain platform designed to enable fast and secure transactions, and to support the development of decentralized applications (dApps). The FANTOM platform uses a unique consensus algorithm called Lachesis, which allows for high transaction throughput and fast confirmation times.
The FANTOM platform also features a smart contract system that enables developers to build and deploy dApps on the platform. The platform supports a variety of programming languages, including Solidity, Java, and Python, making it accessible to a wide range of developers.
The native cryptocurrency of the FANTOM platform is FTM, which is used to pay for transaction fees and to incentivize network participants. FTM can be traded on a variety of cryptocurrency exchanges, and it has been listed on major exchanges such as Binance, Bitfinex, and Huobi.
first target = 0.65
second target = 1.
FTMUSDT / Long / 91,73% (10x Leverage) / BOSStrategy: Long
Entry: 0,91140
TP: 0,99500 (9,17%)
SL: 0,87780 (3,69%)
Decision Making process:
BOS
Reclaimed and tested Support (if Entry Level gets reached)
EMA crossover (if Entry Level gets reached, we should have also crossed EMA 200)
This Is Not Financial Advice - DYOR - I'm a noob
FTM analysisWe've hit the daily bloc at 0.7232 and we have been able to continue to the pump
If we can cross the triangle, our Target Resistance
1.24 - 1.65 - 2.00 - 2.61
Get in the next week or two weeks.
Note that this currency is in the Hold Black Rock basket and can see 10 times the price of
FTM/USDTThe price has a very strong upward trend
And the price is placed on 50EMA and has had a good reaction
Mid-term and long-term targets are determined based on fibo
The entry point can be in 1-hour or 4-hour time frames
How setting stop-loss effects your entry-pointAbsolutely, trading without implementing a stop-loss strategy can indeed lead to significant challenges and ultimately undermine a trader's success.
The Crucial Role of Stop-Loss in Forex and Crypto Trading
In the dynamic world of forex and crypto trading, where market fluctuations are the norm rather than the exception, the importance of implementing a stop-loss strategy cannot be overstated. A stop-loss order serves as a vital risk management tool, protecting traders from excessive losses and preventing emotional decision-making during volatile market conditions. Let's delve into why integrating stop-loss orders into your trading approach is paramount for long-term success.
Maintaining Discipline and Psychological Stability
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A key aspect often overlooked by novice traders is the significance of maintaining a favorable risk-to-reward ratio. Trading without a stop-loss not only compromises risk management but also skews the risk-reward dynamics of each trade. A well-placed stop-loss allows traders to define their risk upfront, enabling them to seek out trades with a favorable risk-reward profile. By aligning potential losses with anticipated gains, traders can strive for asymmetrical returns, where the profit potential outweighs the risk undertaken. This strategic alignment not only bolsters profitability but also instills confidence in traders, empowering them to execute trades with conviction.
Conclusion
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FTMUSDT- Bearish TrendPhantom is in a downtrend with clear LH's and LL's on 15M timeframe and following a trendline drawn by connecting the LH's. There are 2 possible scenarios for entry point, one at fib retracement of .382 with immediate rejection from that level. the other is a would be confluence point of trendline and .382 fib retracement level. Both the scenarios are marked on the chart. RSI shows bearish continuation signal as there is no bullish divergence on the chart as marked
Fantom. USDT1) Fantom left the upward trend at point A.
2) After the pullback, it continued its downward trend.
3) RSI. On the weekly and monthly time frames, it is not very interesting, it is at the overbought point.
4) In the time frame of one hour, it is normal and almost suitable.
5) But it is in the best position in the daily and 4-hour time frame.
The result:
I don't recommend for new entry, but for people who have Fantom, holding until the B point and at least around one dollar is the best option.
(Considering that it tried to break out of the downtrend line 3 times in the 4-hour time frame.
In addition to that:
It has positive divergence in the 4-hour timeframe.).
🚀🔄 FTM Spot Trade Setup! 🔄🚀📊 Analysis:
Support & Oversold: FTM is currently at a support level, with medium timeframes showing oversold conditions, indicating a potential rebound.
Bullish Sentiment: Anticipating a bounce in the altcoin market, with FTM showing promising signs.
📈 Trade Plan:
Entry: Consider laddering into a long spot position in the $0.80 - $0.86 support area.
Take Profit: Target profits at $1.00 - $1.04 or aim higher towards $1.14 - $1.23.
Stop Loss: Set stop loss just below $0.77 to manage risk effectively.
💡 Note: Stay vigilant for price confirmation and adjust strategy accordingly as market conditions evolve. 📈💰 #FTM #SpotTrade 🚀📉
#FTM/USDT is forming the Falling Wedge Pattern in 4-Hour TF!#FTM/USDT is forming the Falling Wedge Pattern in 4-Hour TF!
UPCOM:FTM needs to clear PWL $0.934 major resistance level to gain bullish momentum. Wait for a clear breakout with momentum to long #FTMUSDT.
FTM on the bottom of the structureFtm long. taget at ~$1,05.
Sitting at the bottom of the structure.
FTMUSDTAccording to the waves analysis we can expect that price rise again to the green zones. This is my personal opinion and is not an offer to buy or sell, please act according to your trading plan follow me for more ideas
