FTM Monthly Double Bottom PatternFTM made double bottom pattern on Monthly Chart Breakout possible during Bull Cycle 2024-25Longby surinder86palUpdated 3320
FTM: 3-hit in high๐Analysis by AhmadArz: ๐Entry: 0.9312 ๐Stop Loss: 0.9881 ๐ฏTake Profit: 0.8719-0.8131 ๐"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. ๐กJoin us on TradingView and expand your investment knowledge with our five years of experience in financial markets." ๐Please boost and๐ฌ comment to share your thoughts with us!Shortby ahmadarzUpdated 335
FTM Coin Technical Analysis: Weekly BreakoutWhat is Fantom (FTM)? Fantom (FTM) is a high-performance blockchain platform designed to address the scalability limitations faced by the Ethereum network. It utilizes an innovative consensus mechanism called Lachesis, which achieves faster transaction speeds and lower fees than Proof-of-Work (PoW) blockchains. FTM serves as the native token of the Fantom ecosystem, facilitating transactions, governance participation, and staking rewards. FTM Coin Information: Symbol: FTM Blockchain: Fantom All-Time High (ATH): $3.2514 (as of March 18, 2024) All-Time Low (ATL): $0.00000041 (as of March 18, 2024) Official Website: fantom.foundation Technical Analysis Weekly Breakout: FTM has decisively broken out of its long-term trading range on the weekly timeframe, indicating bullish momentum and market confidence in further upside. Upward Trend: The uptrend in FTM continues on the weekly timeframe, with the price currently conquering new highs. Resistance Levels: $1.0846: The first resistance level ahead of FTM sits at $1.0846. $1.09819: If the previous resistance is breached, $1.09819 will act as the next hurdle. $3.2514: The All-Time High (ATH) for FTM is $3.2514. A breakout above this level could act as a strong catalyst for the continuation of the uptrend. Targets: The mentioned resistance levels can be considered as short-term and long-term targets. Overcoming each resistance level can open the door for a rise toward the subsequent levels. Important Notes: Technical analysis is a tool for forecasting market probabilities and does not provide guarantees for the future. Conducting thorough research is necessary before making any investment decisions. Capital and risk management are fundamental principles in trading. Similar Coins: Some coins with similar characteristics to FTM include: Cosmos (ATOM) Solana (SOL) Polygon (MATIC) These coins, like FTM, are smart contract platforms that aim to provide scalability and lower transaction fees compared to the Ethereum blockchain. Disclaimer This analysis is solely presented for informational purposes and does not constitute investment advice in any way.Longby atamq4
FTM ๐ฃ Ichimoku BREAKOUT Hey guys! Kina here, well FTM coin has been on a range for a very long time and still is stuck in a box. But as it bounced off from support I believe is going to re-test the resistance of this range which is at about 0.65 zone. So we could set potential targets in that area. Now, as we can see FTM pierced through the cloud, re-tested it and then bounced off from it again. An ichimoku cloud on a daily chart means we can go long and hold for as long as the coin give us! When price goes back into the cloud we keep the money and stay out of the trade. That's one classical way to use this famous indicator. Safe and consistent approach if you don't want to overthink it too much! Hold dearly and risk wisely, Kina ๐ฃ The Girly TraderLongby KinaStarUpdated 2223
FTM LONG 1WFantom is a distributed ledger technology stack. At its foundation, it is a DAG-based distributed ledger incorporating new methods of scalability, combined with a high-performance virtual machine and safe, secure smart contract execution. Close above trendline would activate this trade. GLLongby kmiarkaUpdated 1117
ftm mega longmega long idea for ftm there are two buy zones or long with low x I will use x5Longby AlexMotta16163320
(long term) FTM is definitely bullish D fibo breakout coming ?You can see the start of a bullish trend using the daily fibo retracement ! Need to be monitored and confirmed by a daily closing out of the red area. You can try a symetrical projection until 1.5 usd which which is clearly reasonnable until the first expected correction until the second barrel ! Be carreful and limit your exposure to leverage. It's not a financial of course DYOR !Longby JustaTechGuy13
Fantom ($FTM) Price Surges to $1 Amidst Market Volatility Over the past few days, UPCOM:FTM has experienced a remarkable surge, defying the consolidation gripping the broader crypto landscape. With its price jumping to $1.0 and beyond, Fantom has captivated the attention of both seasoned traders and newcomers alike. The Rally Unveiled: Since the advent of March, Fantom ( UPCOM:FTM ) has embarked on a staggering rally, propelling its price by an astonishing 150%. From a modest $0.41, UPCOM:FTM has soared to the $1 mark, with projections suggesting further gains on the horizon. Renowned crypto analyst Ali Martinez, who accurately predicted this rally, now foresees UPCOM:FTM reaching $1.44, underscoring the underlying strength of its upward momentum. A Steep Discount: Despite its recent surge, Fantom ( UPCOM:FTM ) still trades at a significant discount from its all-time high of $3.16, witnessed back in 2021. This discount presents an enticing opportunity for investors looking to capitalize on the token's growth potential. Moreover, with nearly 43% of investors currently holding positions below their initial investment, there exists a palpable sense of anticipation for a resurgence in FTM's value. Market Dynamics: The recent surge in FTM's price is not merely a result of speculative frenzy but is underpinned by tangible market dynamics. One notable development is the reduction in the supply of UPCOM:FTM coins available on exchanges. Since the beginning of March, the exchange supply has dwindled from 655 million to 643 million, signaling a shift towards long-term investment strategies. This decrease in supply correlates with a corresponding price increase, indicating a growing confidence among investors in FTM's future prospects. Long-Term Investment Thesis: The dwindling exchange supply of UPCOM:FTM underscores a broader trend of investors opting to store their assets in cold wallets, away from the volatility of exchange trading. This shift towards hodling signifies a fundamental belief in the intrinsic value of Fantom, beyond short-term price fluctuations. As more investors adopt a long-term perspective, the selling pressure on the market diminishes, paving the way for sustained upward movement in UPCOM:FTM 's price.Longby DEXWireNews9
Fake Break ?Do you think it broke out ? No ! I think it is Fake break . Look at volume. ๐ I wait to buy cheaper.๐คby LARG_TRADER2
FTM tries to make a new breakout !FTM / USDT FTM is just printed new bullish pattern on HTF Breaking-out this pattern will result in strong bullish wave Keep an eye on it Note : this coin above our 2nd entry by 37% And from 1st entry by 105% Yet still looks very bullish in HTF Best of wishes Longby BabenskiUpdated 66146
break lineWe are aware of this currency. He wants to break the strong red resistance line up. With a solid break of this line we will see the next good growth . So we carefully monitor its movements during these hours. wait & watch it.Longby akbarkarimzsfeh3
FTMUSDTmy entry on this trade idea is taken from a point of interest BELOW an inducement.. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as i anticipate.. just a trade idea, not financial adviseLongby Rising33BUpdated 3311
FTM/USDT bullish move from key support? ๐ FTM Analysis๐ Paradisers, turn your attention to #FTMUSDT, as it shows signs of a bullish resurgence from a significant support level. ๐ In the dynamic world of cryptocurrencies, #Fantom has experienced fluctuations but is now poised at a crucial support zone of $0.4165. If #FTM can firmly establish itself above this threshold, we may see a vigorous rally towards the resistance level of $0.5607, signaling a bullish phase in its trajectory. ๐ Given the unpredictable nature of the crypto market, flexibility and adaptability in your strategy are paramount. Should UPCOM:FTM struggle to secure its position at this pivotal support, it might be time to consider an alternate approach. ๐ Plan B involves a strategic pivot, focusing on a bullish revival from the lower support level at $0.3431. Monitoring this level is vital, as falling below it could suggest a shift towards bearish trends. Keep your wits about you, Paradisers, as we journey through the fascinating landscape of the #FTM market.. ๐ด๐ฐ Longby MyCryptoParadise_SimonUpdated 31
FTM to continue uptrend despite traders' profit-taking With BTC is in price discovery, FTM looks to be taking the opportunity to continue following the uptrend as price action remains above the Ichimoku cloud. Profit-taking has lowered the price but the outlook is still bullish according. Stochastic RSI shows a downtrend to *possible* buying opportunity but will most likely continue sideways as BTC also moves sideways after recently touching ATH. In any case, personally, I'll be hodling and waiting to increase my bag when th opportunity arises.by cointradergeek2
Double bottom formationItโs actually a pretty nice looking double bottom formation, the neckline functioned interestingly on the backtest, but overall, looks legit. Longby Rawkz3313
$FTM bull playBroke through descending wedge, back tested it, formed an inverted head and shoulders. Looks bullish. Longby Rawkz8
FTM to push to previous support of $1 UPCOM:FTM Fantom is poised to push well past its .84 previous resitance. Leaving an assending triangle! Let's goLongby CryptoWhisky16
ftm bullishBINANCE:FTMUSDT ftm bullish structure target1 : 0.5194 target 2 : 0.567 target 3 : 0.6555Longby hojatbytUpdated 8
๐ FTM (Fantom) Trade Setup ๐๐ Analysis: Breakout Confirmation: FTM has broken the $0.60 area of resistance and flipped it into support, indicating potential for trend continuation. Buy Zone Retest: Look for any retest of the buy zone to gain market exposure. Entry the trade between $0.63 - $0.715 Initial Take Profit: Target the next area of resistance around $1 as an initial TP area. Extended Take Profit: Consider extending the take profit to $1.6 for additional gains. Stop Loss: Set the stop loss just below the $0.55 level to manage potential losses. ๐ Note: Stay updated on market conditions and adapt your strategy as needed.Longby Richtv_official10
FTM VS USDTenter between 0.7850 and 0.8032 the short term target will be 1st 0.8350 & 2nd 0.8547 Longby beshoymagdy409Updated 10
FTM BULLISH As you can see, FTM's upward trend is very healthy in terms of it going higher but also correcting with every high. it has formed an upward trend and just has a small resistance above it. I think it will re-test the trend line then break through the resistance and go up vertically.Longby Alhassan116