FTM D1 LONGAny bottom can be an entry point. Phantom is one of the good cryptocurrencies and has good growth potential technically. If Bitcoin breaks the intermediate resistance, this could also reject the high
FTMUSDT.PS trade ideas
FTM shortFTM bounced off the upper boundary of horizontal channel. Bearish movement to support level at 0.779 is expected to happen.
I am Long on FTM 4HTFFTM looking good for long lets see, i am wrong or right
targets and entry are mentioned
Fantom gold signal#Phantom price has maintained the support level of $0.7700 to $0.8200. After reaching the uptrend line, it went through wave 1 and has now completed its correction.
After consolidating in a range and correction, the price could start wave 2 and now reach the $1.0300 target from these areas.
Considering the strong potential of this project, both technically and fundamentally, very good prices can be predicted for it. Technical indicators have also shown strong upward divergence
Trade Signal for FTMUSDT: Buy PositionDirection: Buy
Enter Price: 0.8049
Take Profit: 0.835
Stop Loss: 0.767
Justification for the Forecast:
The forecast for the FTMUSDT currency pair has been generated using the EASY Quantum Ai strategy. The following key factors were considered in making this prediction:
- Technical Indicators: Our strategy assesses multiple technical indicators, such as RSI, MACD, and moving averages, which currently signal an upward trend. The indicators have aligned to show bullish momentum, suggesting that entering at 0.8049 could yield a profitable outcome.
- Support and Resistance Levels: Analysis of recent price movements has identified strong support around 0.767 and significant resistance near 0.835. The entry price of 0.8049 positions this trade favorably within these levels, maximizing potential gains while minimizing risk.
- Market Sentiment: Sentiment analysis, taking into account both social media and news outlets, indicates growing positive sentiment for FTM. This suggests increased buying pressure, further supporting the bullish outlook for the pair.
By leveraging the sophisticated analysis capabilities of EASY Quantum Ai, we have identified an optimal entry point and set realistic targets for both take profit and stop loss, ensuring a balanced risk-to-reward ratio.
FTM LOOKS BULLISHI still like Fantom here, bouncing well from the support zone. This is merely an update on a setup that I shared last week - it dipped below the entry, but did not come anywhere near the proposed stop. Now it’s back in profit and still looks solid.
FTMUSDTFTMUSDT is trading in falling wedge pattern. The price was reacting well the support and resistance of wedge.
Currently the price has given the massive breakout from falling wedge and after successful retest of the level will be bullish signal and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 0.9150.
What you guys think of this idea?
$FTM Bull Case - Multiple TargetsBINANCE:FTMUSDT is looking quite bullish, with a very clean chart and well respected Fibonacci retracement levels.
The support is sitting right at 61.8% of the last leg up. (Common reversal level)
I think the chart is open to multiple interpretations, each with a different target:
Descending Triangle : $1
Also a key psychological level and a previous resistance.
Bull Pennant : $1.15
Previous resistance and close to the top from last March.
Elliott Wave W3 : $1.3 or $1.62
If $0.76 is the local bottom, it would be a perfect Wave 2 end (61.8% of Wave 1).
According to Elliott Wave theory, the Wave 3 target would be either $1.3 (161.8% of W1) or $1.62 (261.8% of W1).
$1.3 is also a key support from 2021/2022.
$1.62 is also a resistance from 2022.
My strategy for this will be:
Open a long position after a break above the resistance trendline, with a wide SL
Take partial profits at each target
Starting from $1.15, move my SL up below the previous target
Not Financial Advice
$FTM Poised to Make a Move? After consolidating in a range and correcting for ~ a month, UPCOM:FTM looks ready to thrust into a wave 3 that has the potential to double its price after the completion of 5 waves.
I remain bullish on this project given the new branding, but more importantly, the technical indicators have also shown a strong bullish divergence on the 8hr TF and the wave counts look fantastic.
Be careful to manage your risk as we could still correct further. The most recent impulsive wave looks to have an awkward correction, or I've counted this incorrectly.
FTM: A massive move is coming! The price is at the apex of the triangle pattern, and a bigger move is coming! If you're looking to trade FTM at the moment, here's a quick setup that you might find helpful!
The idea is: Buy when the price breaks above 0.809$ and take profits at the levels shown in the chart.
Targets:
1. 0.828$
2. 0.85$
3. 0.87$
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About our trades:
Our success rate is notably high, with 10 out of 11 posted trade setups achieving at least their first target upon a breakout price breach (The most on TW!). Our TradingView page serves as a testament to this claim, and we invite you to verify it!
FTM - ready to pump???Attractive FTM chart ready to move to the top of the channel
Are you ready????
$FTM continuation to the upside Simple idea, simple execution imo.
With the recent $10 million investment from renowned backers, my confidence in UPCOM:FTM has only grown stronger.
This significant injection of capital underscores the immense potential of UPCOM:FTM and the trust that influential investors have in its future.
FTM: Keep an eye on this level! If you're looking to trade FTM at the moment, here's a quick setup that you might find helpful!
The idea is: Buy when the price breaks above 0.734$ and take profits at the levels shown in the chart.
Targets:
1. 0.748$
2. 0.784$
3. 0.82$
-------------------------------------------
About our trades:
Our success rate is notably high, with 10 out of 11 posted trade setups achieving at least their first target upon a breakout price breach (The most on TW!). Our TradingView page serves as a testament to this claim, and we invite you to verify it!
Bullish update on $FTMUPCOM:FTM still looking extremely bullish just like other Altcoins, if it holds the deviation below and breaks above resistance, the next target above will be our destination.
Bullish update on $FETFET still looking extremely bullish just like other Altcoins, if it holds and breaks above resistance the next target above will be our destination.
Strong uptrend, FTM I don't think It will give you a chance to buy in a big retracement.
It doesn't look like touch the low again and check the support(Yellow line)
so you can set buy on here and set a stop-loss appropriately.
Trend is so bullish that it will touch weekly resistance zone.
There is a difference from other altcoins.
Really interesting to see $FTM is coming back into the rangeThink the thoughts are very simple and straight forward.
Higher timeframe: Still bullish
Lower timeframe: Lil bit slow, but can still see the price pushing upward
Fantom (FTM): Bullish Setup with Strong Support Levels!Looking at Fantom on the daily timeframe, we see a promising setup following the completion of Waves 3 and 4. Wave 4 ended around $0.567, and since then, we have observed a consistent formation of higher lows. This pattern suggests a continuation of the upward trend.
The recent rise has left behind a breakout gap. Our plan is to see this gap touched or closed, and subsequently, we aim to use the underlying demand zone for Dollar-Cost Averaging (DCA) if further pullbacks occur. Within this area, we have two significant supports: the Point of Control (POC) and the High-Volume Node Edge. These levels should provide enough support to prevent the price from falling below this range.
Our target is set at a minimum of $1.22, though it could go higher, considering this is likely Wave 5. This target aligns with the expected continuation of the bullish trend as indicated by the Elliott Wave theory.
It is relatively easy to see that there are many liquidation levels above the current price for FTM. Significant liquidations have already been taken out, particularly just shortly after the ETF approval when many overleveraged positions were liquidated. Currently, there aren't many liquidation levels below the current price.
Therefore, we believe this might be a good time to dip again to clear out any remaining liquidation levels. After that, we expect to absorb the remaining short positions and push upwards. There is significant room to move higher, reaching our first target and potentially taking out more liquidations along the way.
Focusing on Fantom (FTM) on the quarterly VWAP chart, the 2024 Q1 VWAP has acted as a significant resistance level, respected four times. This consistent resistance often becomes a powerful support once broken, marking the start of a bullish phase. We anticipate the 2024 Q1 VWAP will transition from resistance to support, signaling strength and potential upward momentum. Additionally, the 2024 Q2 VWAP is providing strong support, reinforcing our bullish outlook and underpinning the price action.
With the combined support from the 2024 Q2 VWAP and the potential flip of the 2024 Q1 VWAP, Fantom is poised to gain momentum. We expect this to drive the price upward, leading to a retest of the 2024 Q1 VWAP soon. In summary, the interaction between these VWAP levels is pivotal. The 2024 Q1 VWAP is likely to become new support, bolstered by the 2024 Q2 VWAP. This setup suggests Fantom could move higher in the near future, retesting and possibly surpassing previous resistance levels.
We also need to consider the monthly VWAP chart for Fantom (FTM). Resistance was encountered between $0.915 and $0.925, defined by the Previous Monthly VAH and the March VWAP.
Currently, the May VWAP is holding, along with the Previous Monthly VWAP. However, we might fall below this level, where the Previous Monthly VAHL and May VAL should provide support. This alignment offers solid support and aligns with market structure and Elliott Wave principles.
Maintaining these levels is crucial for sustaining the bullish outlook and allowing the market to stabilize before moving higher. Holding the May VWAP and the Previous Monthly VWAP shows Fantom's resilience, potentially facilitating upward movement. If a dip occurs, support at the Previous Monthly VAL and May VAL should stabilize the price and provide a foundation for the next bullish phase.
FTM, the best undervalued cryptoLooking for 2 $ on the medium term but consider holding for long term 5-8$,
ready ? >:)
SOL and FTM recent strong runners getting shortterm weaknessFTM recent strongest now still no action and a weak bounce for a potential 12h bearflag,
SOL same story as FTM. looks like recent runners lost attention and will only be back in play at a backtest of 2 D eq breakout range in 4h OS !
BUY IDEA FTM/USDTAccording to recent price movements, we can expect an upward movement in the specified support area
