FTM breaking down trendFTM broke the trend line and also i think it finished the correction and is ready for another uptrend
FTMUSDT.3L trade ideas
FTMUSDT 3D#FTM accumulated for a long time. Golden Cross has already happened. Currently it is heading toward the resistance zone ($0.525 ~ $0.57)
In case of breakout, price can fly to $1.0815 $1.3296 and $1.6457
A short term LONG trade on FTM USDTReason to Enter
Break of Structure on RSI (15)
Retraced to our Entry Zone
Targeting Previous Top Only b/c over all market has a bearish sentiment
FTM ready to rally?a very clean support of trendline ftm is looking pretty firm to breakout the .42 resistance zone , it's above 200 EMA and that's a very good sign for bullish momentum , btc and eth pumping currently is a sign of bullish market
FTMUSDT Elliott Waves (Local Setup)Hello friends.
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Everything on the chart.
Entry: Market and lower
Targets: 0.4 - 0.42 - 0.44
after first target reached move ur stop in breakeven
Stop: ~0.31 (depending of ur risk).
RR: 1 to 2
ALWAYS follow ur RM.
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
FTM/USDTA corrective wave can happen either as a double bottom or a triple bottom, and after that, there is a possibility of a third wave with the targets specified in the chart.
SHORTING IN ON $FTMSIGNAL DAY 2
We are shorting in on UPCOM:FTM again, charts shows a very similar movement and pattern to the first finger emoji I indicated in the chart, we going for a bull retest likewise, so we could see a short on most pairs for a day, and UPCOM:FTM is no exception,(he winks).
THIS IS NOT A FINANCIAL ADVICE.
FTMUSDTHi traders!
All is clear!
Fantom USDT , Entry: 0.4235
Stop: 0.3989
TP: 0.5
Duration: about 7 Days. (Until Feb 23th)
FTM (Y24.P1.E1). Going long entryHi traders,
FTM has been difficult at the least to figure out what its doing.
Having a potential level to go long has confluence with MA's and this potential TL.
The difficulty is with knowing what BTC will likely do.
Having said that, this level does make sense.
All the best,
S.SAri
🔥 FTM Cup & Handle Pattern: Patience For Break!As BTC pushes up, FTM and many other alts are experiencing bullish moves as well.
As for FTM, it appears to be forming a huge cup and handle pattern. A risk-averse trader would want to wait for the price to break through the neckline around 0.575, a risk seeking trader can already make an entry now, accepting the fact that it's a much riskier trade.
Personally, I think that FTM will make comeback in the next few months, hence the target at 2$.
📈 FTM - Testing Range Resistance for Potential Breakout! 🚀
🔄📈 FTM (Fantom) Trade Analysis - Testing Range Resistance for Potential Breakout! 💹🚀
📊 Technical Overview:
FTM (Fantom): Testing top of the range resistance at $0.4025.
Scenario 1 (Breakout): Potential entry if it breaks and converts $0.4025 into support.
Scenario 2 (Retrace): Entry if it retraces and retests around $0.3750.
Stop Loss: Scenario-specific stop losses.
Take Profit: Next resistance levels at $0.45 - $0.48 and $0.55 - $0.60.
📈 Trade Strategy:
Scenario 1: Entry after breakout confirmation.
Scenario 2: Entry on retracement and retest.
Risk Management: Tailored stop losses for each scenario.
Take Profit: Targeting next resistance levels.
🚨 Note: Market conditions and Bitcoin movements may influence FTM. Trade cautiously! 🔄🚀 #FTM #TradeAnalysis #Cryptocurrency 📊💹
The last word is the rise, but the breaking of the range is moreIn this analysis, we take a second look at the important support and resistance ranges of this currency, and we have specified the signal for friends who are risk aficionados.
Also, for friends who have this currency, we specified important limits for reducing the average.
In this analysis, we mentioned the safe entry for the medium term, that by breaking this resistance range, we can consider 350% growth for this currency.
A SHORT FOR FTMSIGNAL DAY 1
FTM/USDT is short a strong short and zigzag movement in the 4h zone, LOOKING OUT FOR THAT LONG BREAKOUT THOUGH .
This is my chart and not a financial advice.
FTM → Fantom Falls to 200EMA! Long back to $0.53? Let's Answer!FTM marched to the upside with three pushes up in a bull channel touching $0.565, followed by a pullback with three pushes down and strong bull support. Is it time to long?
How do we trade this? 🤔
A long entry is nearly justified. Here's what we have in favor of the long bias; Three pushes up in a bull channel ending at $0.565, followed by three pushes down in a micro-bear channel with strong bull signal bars, and we have a good follow-through bars leading up to the price action being just above the Daily 30EMA. The Daily 200EMA is showing some strong support as well.
What we need is a break of the Daily 30EMA to justify to our long. You could argue a long is justified here simply by the data we already have, and I wouldn't argue against you; I would just say that Daily 30EMA is in the way, so this is a lower probability trade, but also less initial risk because your stop loss is closer.
I believe we need to be conservative longing at this stage in the crypto market, which is why I only advocate for a 1:1 scalp at a lower-than-maximum position size allowed for your trading strategy. I think Bitcoin and Ethereum have a larger pullback on the horizon, but do believe the market will come up a bit before it goes down.
💡 Trade Idea 💡
Long Entry: $0.403
🟥 Stop Loss: $0.323
✅ Take Profit: $0.483
⚖️ Risk/Reward Ratio: 1:1
🔑 Key Takeaways 🔑
1. Three pushes up in a bull channel
2. Micro Bear Channel forms with three pushes down.
3. Strong bull signal bars at Daily 200EMA
4. Suggested to wait for break of Daily 30EMA
5. RSI at 48.00 and above the Moving Average, supports long bias.
💰 Trading Tip 💰
The longer a trend continues after 3 legs, the probability of that trend continuing lessens. Because of this decreased probability, we ought to reduce our risk when entering trades.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
Like 👍 and Follow to learn more about:
1. Reading Price Action
2. Chart Analysis
3. Trade Management
4. Trading Psychology
FTMUSDT IMMENSE LONG POTENTIAL !FTMUSDT broke of a long downtrend and retested support successfully.
It is now setting up an optimal entry at a demand area that could potentially lead to large gains in the mid-long term, while the RSI is testing a new uptrend line after breaking a long term downtrend line and testing support.
Invalidation of this trade would be breaking and closing below this area while RSI breaks structure.
FTM Growth Spurt: Buy Your Ticket to Profit!"## FTM Coin: Recent News & Fundamentals (as of February 9, 2024)
**Disclaimer:** I am not able to provide financial advice and this should not be considered as such. Please do your own research before making any investment decisions.
**Recent News:**
* **Fantom Drives Adoption in Africa:** Fantom Foundation partnered with LBank Labs to launch an Africa-focused blockchain accelerator program, aiming to drive Fantom adoption across the continent. (Source: CoinDesk, Jan 26, 2024)
* **FTM Integrates Chainlink Keepers:** Fantom integrated Chainlink Keepers, a decentralized automation solution, to enable developers to build secure and reliable smart contracts on the Fantom network. (Source: Fantom Foundation, Jan 19, 2024)
* **Beethoven X on Fantom**: Beethoven X, a multi-chain DeFi platform, launched on Fantom, offering users access to its suite of liquidity pools and yield-generating features. (Source: Beethoven X, Jan 18, 2024)
**Fundamentals:**
* **FTM** is the native token of the Fantom Opera network, a high-performance, scalable smart contracts platform.
* **Current Price:** ~$0.22 (as of February 9, 2024)
* **Market Cap:** ~$545 million
* **Total Supply:** 3.175 billion
* **Key Features:** Fast transaction speeds, low fees, EVM compatibility.
**Additional Notes:**
* The crypto market is highly volatile and past performance is not indicative of future results.
* It is important to consider your own investment goals and risk tolerance before investing in any cryptocurrency.
ftm is going down ?after positive news about ftm , the market maker may be put sell request and buy in best price !!! let see...
FTM ANALYSIt has the potential to fall to the price of 26 cents... After forming the patterns that I want... I will update the chart again.
FTM/USDT (Fantom) 1D 👀1. FTM will thrive. The timeline looks ripe and there are plenty of catalysts on the way.
2. Friends, we highly recommend not skipping my posts, since many of the tokens that I wrote about over the past month have already grown quite well.
✅ Stay updated on market news and developments that may influence the price of Fantom. Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
Not financial advice, trade with caution.
#Crypto #Fantom #Investing #FTM
