The important support area and upward divergence is a good reasoThe important support area and upward divergence is a good reason to spot buy this currency. Our target is the purple supply area . Be profitable my good friendsLongby Rolantrade6
FTM potential quick dump to 0.28FTM Looking for shorts around those levels 0.28$ - 0.17$Shortby maloqueiro2
FTM Bounch forming Head and Shoulders and descenden triangle back to retest the resistance line 0.38 - 0.37 NFA - only what i see happy trading Longby Youivo0
The danger in the FTMUSDT chartFirstly, what I'm about to convey is not to be considered as investment advice; it's merely a cautionary note. When examined on a 4-hour timeframe, a significant and noticeable Head and Shoulders (H&S) formation is observed in the FTMUSDT chart. The first indicator supporting this formation is volume. Upon examining the volume, you can notice a visible loss of strength. To further confirm this, if you want to be more certain, compare the volume of the candles forming the left shoulder to the volume bars forming the right shoulder. You'll see that the left shoulder's candle volume is stronger, whereas the current right shoulder has lower volume. We also supported this with our second indicator, which is the RSI (Relative Strength Index). There is a noticeable decline in strength in the RSI as well. In summary, while these three signals don't definitively predict a downturn, they indicate that FTM could be significantly impacted in the event of a potential market decline. If you hold it, please exercise caution. Good day and profitable trading.Shortby Keskingroup1
FTMUSDTFTMUSDT Short at LH (also 0.5 FIB , trendline resistance intact) SL , TP mention in chartShortby SignalEdgeUpdated 1
FTM Clean Retest Break-out from Macro TrendUPCOM:FTM retested the last macro trend from March "22 signaling me no more bearish momentum. As Previously said, took a lot of profit at 0.55. Now almost bought all of it back. Reasons why I am bullish now: - BTC ETF brought a lot of volume and credibility in the crypto market. Blackrock CEO is bullish on crypto! - Election year, governments are still going to bail out anything close with a warning sign. Despite interest rates, the data shows increasing liquidity = great of risky asset class. - ETH ETF rumor will shift liquidity into ETH and alts - BTC in consolidation and usually during bullish momentum when BTC consolidates, money flows into alts. Longby ssaviUpdated 16
head and shoulder?fantom has lost its channel and probably it is going to continue the price reduction. Target will be about 0.28 $.Shortby syd04524844
#FTMUSDTPhantom analysis of the daily time frame Phantom price is now $0.411. According to the reaction of the price to the support of $0.356 and return to higher levels, if the yellow trend line is broken upwards, we should see the first to even third touch targets. Our most important support is also It is at the Fibo level of 618 and the POC area. Technical analyst: Amir Hassan SalekLongby taghadosi2218
FTMUSDT # 001 ( see you there ;) $$$ ) Hello dear traders. Good days . First of all thanks for your support and comments . ββββββββββββββββββββββββββ- FTMUSDT after finished its Gann Arc resistance with its support move downward and gut support from lower Gann fan to reach itself to the rejected Gann Fann at next reversal time zone. Monthly Gann fan trend line is also will hit at same time . Chart updated and route plotted with help of Gann Square and Gann Box. Good luck and safe trades. Longby SHAlavi25
FTM β Is Fantom Gearing Up For a Short Scalp Opportunity? Yes.FTM broke out of its bull trend, failed to break above the Daily 30EMA and fell back down to $0.375. With Bitcoin and the rest of the crypto market following suit, are we ready to short? How do we trade this? π€ Since my last FTM analysis, I provided this updated chart depicting what I believed was a likely outcome of the price action. A pullback from the downward momentum to the Daily 30EMA followed by a failure to break it: FTM has begun to test the 30EMA and we have several data points that suggest a counter-trend trade is reasonable (probable); FTM has given us two legs down since breaking the bull trend, failed to break above the Daily 30EMA, RSI at 44.00 and below the moving average which gives FTM some room to fall. If you're not already in a short, then we need to wait for another confirmation before a trade is justified. What we need is a final test and failure to break the Daily 30EMA around the price area of $0.40. From there, we can short half of our position to the low of the current candle ($0.375), take profits, move our stop loss up to our entry price, and then swing the rest of the position down to the Daily 200EMA support at $0.325. Taking profits at the 200EMA is about a 1:1 Risk/Reward if our stop is placed just above the previous leg high at $0.445. That is a reasonable scalp, and the rest, being a bit lower probability of success, allows us to swing the second half of our position without the worry of losing money. We have to keep in mind that we're two legs into a micro bear trend after a three-legged bull run, this could be a two-leg trap. That's why we need confirmation below the Daily 30EMA to justify a short. π‘ Trade Idea π‘ Short Entry: $0.4175 π₯ Stop Loss: $0.4600 β Take Profit #1: $0.3750 β Take Profit #2: $0.3325 βοΈ Risk/Reward Ratio: 1:2 π Key Takeaways π 1. Two legs down since breaking the bull trend 2. Failed to break above the Daily 30EMA 3. 9th Daily Candle Just Closed Below 30EMA 4. RSI at 44.00 and below the moving average which gives FTM some room to fall. 5. Bitcoin Showing Strong Reversal Signals, Impacts Market Sentiment. π° Trading Tip π° It's reasonable to take half profits at the first support target in a short trade, or the first resistance target in a long trade. You can then move your stop loss up to your entry price and watch the rest of the trade execute without worry of losing money. This helps improve trading psychology and the equity in your account. β οΈ Risk Warning! β οΈ Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk! Like π and Follow to learn more about: 1. Reading Price Action 2. Chart Analysis 3. Trade Management 4. Trading PsychologyShortby TraderEngineeringUpdated 333
FANTOM SNIPER ENTRIES 1. Trend Identification: Start by identifying the prevailing trend. In the case of FTM on the 4H timeframe, observe the formation of a steep ascending trendline. 2. Accumulation of Liquidity: Recognize areas where significant liquidity is accumulating. FTM's steep ascending trend indicates areas where traders and institutions are actively participating and contributing to liquidity. 3. Wait for Breakout: Exercise patience and wait for a breakout above the ascending trendline. This breakout signifies increased bullish momentum and potential upward movement. 4. Confirming Breakout: Confirm the breakout by observing candlestick patterns, volume spikes, or other technical indicators. A strong breakout should be accompanied by convincing confirmation signals. 5. Retest Strategy: Opt for a retest strategy. Once the ascending trendline is breached, wait for a retracement or retest of the trendline from below. This retracement serves as a potential entry point. 6. Advanced Entry Points: For more advanced entry points, consider waiting for a retest of a breaker block or order block below the trendline. These blocks often act as additional layers of support and can enhance the probability of a successful trade. 7. Risk Management: Implement effective risk management strategies. Set stop-loss orders below crucial support levels to limit potential losses in case the trade doesn't unfold as anticipated. 8. Continuous Monitoring: Stay vigilant and continuously monitor the market. Cryptocurrency markets can be dynamic, so adapt your strategy based on evolving market conditions. π Unlock Exclusive Insights: Unlock my 3 crypto trading indicators for FREE! Link belowby AlexWhale226
PRICE ACTION To begin: Low volume on a 1hr. Good news is: smart money has a reversal pending. Thereβs a WHALES LOW VOLUME signal which means it going to Bull run, but first it must dip a little before that happens based on history report. Pivot points at $37.42 First harmonic is based on important hidden pivot for price action. Second are pivots based on historical calculation. I would take it as guidance. Volume yellow lines you will get stopped a few times from breaking through. Squeezed 1 hr into 3 hr Once it hits target must reevaluate Longby The_ForexX_Mindset2214
FTMUSDTIn my opinion, it can correct from the current level to 31 cents and move up to 31 cents again inside the channel to its own resistance line that we drew for you in the analysis.Longby matrading198211
FANTOM $FTM will probably expand by another 60%FTM Green holding very well as support, despite the downside volatility as of lateLongby maloqueiro11
FTMUSDTBINANCE:FTMUSDT Long idea 2 entry point 4 targets βevery TP can act as a resistance and dump the price β"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help. #DYOR Don't forget to π and commentLongby MadoirUpdated 4413
FTM: Pullback in UptrendTrade setup : Price remains in an Uptrend. After reaching our target of $0.55 resistance, price got overbought (RSI > 75) and pulled back on some profit taking. Pullback near $0.40-$0.45 support zone could be a swing trade entry in Uptrend with +25% upside potential back to $0.55. Stop Loss (SL) at $0.35 (prior swing low). Trend : Neutral on Short-Term basis and Uptrend on Medium- and Long-Term basis. Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing. Support and Resistance : Nearest Support Zone is $0.41 (previous resistance), then $0.33. The nearest Resistance Zone is $0.55, then $0.65.Longby altFINS6
Fantom replicates the macro formMethod : Fractal Geometry Research White Line : Fantom Purple Line : Geometry fractal predictions Observing historical data from the smallest particle frame to larger time frames using fractal and Fibonacci, methods are very suitable for investors, spot traders, long-term or swing trades. !However, it's not suitable for scalping, short-term, or future traders! " Previous history has been a repeated failure; the more I delve into this method, the closer I get to patterns that resemble the actual future. The more it fails, the more patterns/options I find that approach success in analysis. Because this method is an ancient one, rarely utilized, and challenging to comprehend, references are scarce." Note: that personal observation does not constitute financial advice. It's important to seek advice from a licensed financial advisor before making any investment decisions.Longby adivirgia4
DestinyI think it's a good growth for this cryptocurrency, and of course we have to stick to the stops and tick profilesLongby Hossein_Fatapour_IRAN4430
FTM/USDT Bullish Continuation ahead? π π FTM Today analysisπ Paradisers, prepare for a promising opportunity with #FTMUSDT. It's currently exhibiting an intriguing pattern, having recently faced rejection at a resistance point, pointing towards a likely bullish continuation from the demand zone. π UPCOM:FTM has shown a tendency to follow a descending trendline, breaking above it to embark on a bullish journey. Now, after a strong rejection at resistance, there's a considerable chance for a bullish movement starting from the demand level of $.2770. Upon successful continuation, #Fantom aims to challenge resistance levels at $.3810, with the potential to climb as high as $.5484. π For the discerning Paradisers, timing is of the essence. Identifying optimal entry points during this upward trend is key, and it's equally important to avoid entering at the peak. Moreover, it's crucial to be prepared for the possibility of $Fantom dipping below the $.2770 demand level. Should this occur, a bullish rebound from the support level of $.2354 might be on the cards. Nonetheless, a fall beneath this support level could bring into question the likelihood of a sustained upward move. π In these evolving market conditions, strategic planning and decision-making are paramount. Employing a comprehensive trading strategy that focuses on money management and a keen understanding of support and resistance levels is essential for achieving successful trading outcomes. π΄π° Longby MyCryptoParadise_SimonUpdated 1128
ππ FTM Price Analysis ππΉπ Recent Retracement: FTM, like many altcoins, has retraced in the last two weeks, falling from $0.55 to $0.380. π Robust Support Zone: A robust support area is identified between $0.35 - $0.40. π Oversold Conditions: The price is currently oversold, indicating a potential reversal. π Potential Scenario: If FTM consolidates in the support zone and the overall market remains bullish, there's an expectation to test $0.45 - $0.480. π£ Conclusion: FTM's potential scenario involves consolidation in the $0.35 - $0.40 support area. A bullish market could lead to a test of $0.45 - $0.480. #FTMAnalysis #CryptoTrading #MarketWatch Longby Richtv_official5
FTM longTook a risk here on ftm for a long with tight stoploss. If holds here might push nicely towards 0.5. RR is good from here. Note: Not a Financial Advice. DYORLongby ROBO416Updated 7
$FTM SetupIf the first setup failed, imma go for 2d setup. Everything depends on BTC. Cuz BTC is under 1w resistant levelLongby Omidified114