Fantom longFantom bounced off the ascending trendline and bounced off the support level. Bullish movement to resistance level at 0.85 is expected to happen.
FTMUSDT trade ideas
FTMUSDT Poised for a Rebound or a Breakdown? Key Levels to WatchYello! Do you feel the tension building up in the FTMUSDT market?
Let’s dive into the current setup and see what might unfold next.
💎 FTM is currently moving within a descending channel pattern, eyeing a potential move towards the Bullish Order Block (OB) area. If the price action forms a bullish candle rejection here, it could signal a rebound. We might then see a test of the resistance level at $0.771. This level is crucial; a successful breakout above it could trigger bullish momentum, possibly leading to a significant upward movement.
Key Levels to Watch:
- Resistance Area: $0.771: A breakout here could pave the way for further gains.
- Bullish OB Area: $0.64: Watch for bullish candle rejections as a sign of potential rebound.
- Demand Area: $0.55 - $0.482: Historically, this zone has shown strong buyer pressure. A return to this zone could see similar buying interest.
💎 However, if FTM fails to show strength in the Bullish OB area around $0.64, it might signal further declines. The price could then head towards the Demand area between $0.55 and $0.482.
💎 This zone has previously exhibited strong buying interest, often marked by candle wicks indicating buyer pressure. Should FTM return to this zone, a rebound is possible, pushing the price back towards our target areas.
Potential Scenarios:
- Bullish Scenario: A strong rebound from the Bullish OB area leading to a test and potential breakout of the $0.771 resistance.
- Bearish Scenario: A failure to show positive signs at the $0.64 level, leading to a move towards the Demand area. If the price fails to rebound here and instead goes sideways with low volume, it could break this area, invalidating the bullish outlook and leading to further declines.
Stay alert, Paradisers. The next moves in FTMUSDT could present both opportunities and risks.
🎖If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest probability trading opportunities.
Trade smart and stay disciplined!
FTM USDTDue to the strong buying trend of cows, we expect the price to increase to the range of $2. This analysis is not a financial proposal
#FTMUSDT bull reserval awaiting we Embrace opportunity with confidence as you consider purchasing FTmusdt at its current price of 0.6851. Seize the moment to potentially secure a valuable asset, setting your sights on the promising future ahead make sure to set up the sl/tp
Is FTM playing the same Game?FTMUSDT is playing similar to what it did in Q1 and Q2 of 2023…If you zoom out the chart the similarities are visible…If it continues to play the similar chart we can expect more bleeding in upcoming weeks.By considering BTC consolidating for a while before the new ATH Comes out i think it is possible to see the rest of the market bleed…however there is one point…if it plays same as it did last year there should be another upmove first to the SR zone and then the rejection will cause the bleed…or it will go down from here depending on BTC Move.
Lets see how its gonna play out.
Always a student
FTM: Keep an eye on this level! (Updated entry level)If you're looking to trade FTM at the moment, here's a quick setup that you might find helpful!
The idea is: Buy when the price breaks above 0.83$ and take profits at the levels shown in the chart.
Targets:
1. 0.85$
2. 0.87$
3. 0.9$
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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!
🚀 Breaking Down my FTM Journey and Bull Run Potential !🚀 Breaking Down Fantom's Bull Run Potential: From 0.23 to Double Digits! 🌟
Hey crypto fam! 🌐 Exciting news on the horizon as we delve into the electrifying journey of Fantom (FTM) and its skyrocketing potential in this bullish season! 💥
First things first, let's talk numbers. Fantom is currently trading at a tantalizing $0.95, a remarkable leap from its earlier price point of $0.23. 📈 But hold onto your seats, because we're just getting started on this rocket ride!
🎯 Next Stop: $1.66
With the wind at our backs, our next target is set at $1.66. 🎯 Breaking through this resistance level will be a significant milestone, setting the stage for even greater heights.
🚀 Aiming Higher: $3.48
But why stop there? Our sights are firmly set on $3.48 once we conquer the $1.66 mark. 🌟 Fantom's momentum is building, and this target is well within our reach.
💰 Main Take Profit: $7.60
For those eager to know my TP, my main take profit goal stands at an impressive $7.60. 💰 But buckle up, because the real excitement is yet to come!
🔥 Double Digits: The Ultimate Bull Run
Here's where things get truly thrilling. With the recent coming launch of Fantom's cutting-edge SONIC mainnet, the stage is set for an unprecedented surge. 🚀🔥 Many experts predict that Fantom has the potential to not just hit, but soar past double-digit figures in this bull run! 🚀🔥
So, fellow crypto enthusiasts, fasten your seatbelts and get ready for the ride of a lifetime with Fantom! 🚀✨ Don't miss out on this opportunity to ride the wave of innovation and prosperity. Let's make this bull run one for the history books! 📚💫
Stay tuned for more updates and join us as we journey to the moon and beyond with Fantom! 🌕🚀 #Fantom #FTM #BullRun #CryptoRevolution BINANCE:FTMUSDT
FTMUSDT Wait to buy or buy now - ready for a big jumpFTM is good to buy now for a bigger wave in bigger timeframe.
In the small timeframe, it could jump up to 0.84-0.86.
Then it will make a correction to 0.7 to complete full ABC.
After that, following Down theory, it will make another wave up to 1.5
just an IDEA !!!!!!In the zoomed-out view on the 1D and 4H charts, we are in an upward channel. On the 1D chart, we have already hit the middle line, which is acting as resistance. Same Within this channel in 4H, we were in a range area that we broke out of on the upside. I believe we have already hit the target of this range area, which is exactly at the middle line of the 1D uptrend channel. Now, based on the RSI and a small support line, I think it is possible to form a small head and shoulders pattern. If this pattern forms, we could follow its target to go back down, aligning with the Fibonacci retracement levels of 50-61.8%. This would bring us back to our support line, where we can then observe how the price reacts.
FTM in daily time frameIn my opinion, FTM can reach $2 by maintaining its upward trend line. Of course, the resistance of $1.20 should not be ignored.
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
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.
