FTM FTM needs correction for sustainable growth. Otherwise, it won't be a strong pump, just a quick pump followed by a sudden dump.
FTMUSDT trade ideas
FTM - Updated ChartJust wanted to provide an update to our FTM chart.
After a perfect retest around $0.36 price has skyrocketed to our first resistance zone at $0.64.
Depending how traders will react here will determine if we break to the next target or get a pullback to retest old resistance as new support
FETUSDT Long IdeaPlease see chart for TP and SL.
Breaking out from an Inverse head and shoulder pattern here. Simple pattern
#FTMUSDT ( double bottom pattern )My personal opinion is such a model
A double bottom pattern
with an green inverted head and shoulders pattern at the end of the chart
....with red resistance lines
at the end of the chart has attacked a resistance line and seems to be breaking
Fantom :Drop or Fly!!!hi every one , as you can see fantom is under main pivot and a dynamic Resistance , if can break and close daily candle above will go upper and if reject from here again will dump... actually every thing is depend on tomorrow federal Interest Rates. wait for tomorrow to make decision ,
Fantom near the sell level $FTM #FTM #FTMUSDT #FTMUSD #Fantom UPCOM:FTM #FTM #FTMUSDT #FTMUSD #Fantom
Fantom near the sell level with parallel channel resistance as well as previous lower support. If you are long, you could take some profits and re-enter after daily confirmation above the resistance level.
FTM long term bullish reversalFTM finally did it! Broken the downtrend started way back in March, created an ascending triangle, broken bullish indicating a long term trend change. First target is +50%
Ftm#ftm
4h time frame
Head and shoulder pattern broke .
Target - As per chart.
Sl 🚨 - belove the neckline
#nfa
#dyor
FANTOM short or higherI can see 2 patterns. 1 of them is going to play out. The H&S will bring the price up to around $1. But i also see the end of a wave 4 pergfectly on the 382 fib. Just wait and see where the price is going frond the 0.5830. Im guessing we go down to the $0.11
#FTM/USDT#FTM
The price is moving within a descending channel pattern on the 12-hour frame and is expected to break upwards
We have a downtrend on the RSI indicator that has been broken upwards and we have a tendency to stabilize above it
We have a major support level in green at a price of 0.300
We have a tendency to stabilize above the moving average 100 which supports the rise
Entry price 0.3300
First target 0.4648
Second target 0.4648
Third target 0.5448
Fantom about to fall and bleedFTM daily chart seems to have formed a double top in daily , and divergence is slowly starting to show. Tomorrow could be interesting
FTMFtm need a correction , it already takes out liquidity from short sellers so I expect the price to pull back
FTMUSDT.PFTMUSDT.P is in strong reversal zone.
Bearish divergence also shown in RSI.
We wait for more confirmation.
We wait and watch for the breakout of last HL.
FTM - IHS Break out?FTM Has formed massive IHS and looks like ready for break out. EcomiiionaireTrend is grey. Buying at Bullish/Orange change.
FTM looks bullish (4H)From where we put the red arrow on the chart, it looks like the FTM correction has started.
This correction appears to be a double correction that is over.
We are looking for buy/long positions in the green range.
The targets are clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
FTMUSDT Bullish Head and Shoulders!FTMUSDT Technical analysis update.
FTM has formed an inverse head and shoulders pattern on the daily chart. The price is now moving towards the neckline for a potential breakout. Once the breakout is confirmed, we can expect a strong bullish move in FTM.
Buy level: After breakout confirmation on the daily chart.
Regards
Hexa
FTM ANALYSIS🚀#FTM Analysis : Pattern Formation
🔮As we can see in the chart of #FTM that there is a formation Inverse Head And Shoulder Pattern and it's a bullish pattern. If the candle closes above the neckline then a bullish move could be confirmed✅️
🔰Current Price: $0.5160
🎯 Target Price: $0.7140
⚡️What to do ?
👀Keep an eye on #FTM price action. We can trade according to the chart and make some profits⚡️⚡️
#FTM #Cryptocurrency #TechnicalAnalysis #DYOR
FTM/USDT Price Prediction - Time 1DTrend Prediction - FTM/USDT Forecasting -
Resistance and Support Lines
Inverted head and shoulders pattern is observed!!!
**** Yousef Sharafi ****
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FTMUSDT.1DUpon reviewing the daily chart for FTM/USDT, I see a fascinating trend and pattern development that deserves attention. Currently, the price is around $0.4712, showing some signs of recovery after a prolonged downtrend.
Trend Analysis: The previous downtrend was marked by a series of lower highs and lower lows, as depicted by the descending trendline. Recently, the price has broken above this trendline, suggesting a potential reversal or at least a pause in the downtrend. This breakout could be an early signal of changing dynamics in the market.
Key Support and Resistance Levels:
Support 1 (S1): $0.2563 - This level, marked on the chart, has previously acted as strong support. It's critical because if the price were to decline, a hold above this level could reinforce bullish sentiments.
Resistance 1 (R1): $0.5715 - This level is the immediate hurdle for any upward movement. It coincides with past price reactions, making it a significant threshold for further gains.
Resistance 2 (R2): $0.7985 - Should the price move past R1, this next level would likely act as a substantial resistance, being a previous high area.
Technical Indicators:
MACD: The MACD line is above the signal line and both are above zero. This indicates increasing bullish momentum, which supports the potential for further price increases if the trend continues.
RSI: The Relative Strength Index is around 31.60, close to the oversold territory. This suggests that the market could be undervalued at this point, potentially leading to a buying opportunity.
Conclusion: The break above the descending trendline along with supportive indicators like MACD and RSI near oversold levels suggest an emerging bullish scenario. My strategy would be to watch for a sustained hold or consolidation above the trendline and possibly enter long positions near the support of $0.2563, targeting the next resistance levels. However, it's crucial to be vigilant and prepared to adjust strategy based on how the price reacts at these key resistance levels. Setting stop-losses below S1 would be prudent to manage potential downside risk. This approach offers a balanced view between optimistic recovery signals and the need for cautious risk management.
Long on ftmusdtAfter the ascent, we need a correction, and I have two areas in mind to finish the correction and start the upward trend again. If the reversal is confirmed, we can enter the long-in position.
Ftm long position After the ascent, we need a correction, and I have two areas in mind to finish the correction and start the upward trend again. If the reversal is confirmed, we can enter the long-in position.
latest overviewi have traded long on ftm spot and have two loss and this the end of the day for me,despite I had bearish move in my analysis but I didn't follow up y trading plan and I had trades without enough confidence and confirmation and as you see all of them was loss
