FTM/USDT bullish move from key support? 🚀 FTM Analysis💎 Paradisers, turn your attention to #FTMUSDT, as it shows signs of a bullish resurgence from a significant support level.
💎 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.
💎 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.
💎 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.. 🌴💰
FTMUSDT trade ideas
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.
Double bottom formationIt’s actually a pretty nice looking double bottom formation, the neckline functioned interestingly on the backtest, but overall, looks legit.
$FTM bull playBroke through descending wedge, back tested it, formed an inverted head and shoulders. Looks bullish.
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 go
ftm bullishBINANCE:FTMUSDT
ftm bullish structure
target1 : 0.5194
target 2 : 0.567
target 3 : 0.6555
🚀 FTM (Fantom) Trade Setup 🚀📊 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.
🌐 Note: Stay updated on market conditions and adapt your strategy as needed.
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.
FTMUSDTFTMUSDT is trading in strong bullish trend and consistently printing HH HLs. and is about complete ABCD pattern at strong daily support level. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level.
If the buy momentum continues the next target could be 1.0800
What you guys think of this idea?
#FTM $FTM #FTMUSDTFTM formed falling wedge on 1H TF incase of breakout i expect to see massive spike upside! keep an eye!!
$FTM Wyckoff Accumulation Moving into Phase EUPCOM:FTM has been a bit of a laggard in the accumulation zone. Recently with a breakout, SOS, and continuation to the upside. One could expect based off this methodology, a very nice breakout to the upside.
FTMUSDT LONG?Watch FTMUSDT, forming a symmetrical triangle breakout, still bullish, there maybe a huge pump coming days,
#FTM/USDT LONG#FTM
The price has been moving in a downward channel since last December.
We have strong support now to rely on at the level of 0.3130
With oversold presence on the MACD indicator
Entry price is 0.3130
The first target is 0.3462
The second target is 0.3972
The third target is 0.4530.
FTMUSDT.1DBased on the given market data, the FTM/USDT pair is currently trading at a price of 0.79 USDT. The Relative Strength Index (RSI) on the 4-hour, daily, and weekly charts suggest that the pair is somewhat overbought, with the RSI values being 63.11, 82.59, and 78.46 respectively. An RSI above 70 usually indicates overbought conditions, suggesting a potential price correction in the future.
The Moving Average Convergence Divergence (MACD) on the 4-hour, daily and weekly charts are positive, indicating bullish momentum in the short, medium, and long term. However, as the RSI is high, the bullish momentum may slow down or reverse due to potential overbuying.
The Bollinger Bands (Bb) on the 4-hour and daily charts are 0.85, suggesting that the pair is trading near the upper band, another sign of overbuying. However, on the weekly chart, the Bb is 1.010, which is above the current price, indicating that there may be room for upward movement.
The support levels on the 4-hour, daily, and weekly charts are 0.63, 0.68, and 0.59 respectively, which could provide a safety net if the price starts to fall. The resistance levels on the 4-hour, daily, and weekly charts are 0.95, 1.113, and 1.11 respectively, indicating potential targets for the price to reach if the bullish momentum continues.
In conclusion, while there are bullish signs for FTM/USDT in the short, medium, and long term, the overbought conditions suggest caution. It may be wise to wait for a potential price correction before considering a long position. However, if the price breaks the resistance levels, it could potentially continue its upward trend. Please note that this analysis is based on the current market data and does not take into account potential future events or changes in market conditions. Always do your own research and consider your risk tolerance before making investment decisions.
FTMUSDT Long swing predictionFTM technical summary:
Monthly & Weekly (Strong BUY)
Daily & 4 Hours (Buy)
Volume:
Increasing on higher time frame
Potential 40-50% TP
Patience is required.
Not a trading advise. Just food for thoughts
FTMUSDT has surged by an impressive 101.24%#FTMUSDT
Target 4️⃣ : done✅
Entry price: 0.4251$✅
Price reached : 0.8555$ ✅
Profit: 101.12% ✅🚀🚀🤑
The cryptocurrency FTMUSDT has surged by an impressive 101.24%, reaching a price of 0.8555. This significant increase underscores strong market demand and bullish momentum for FTMUSDT. Such a surge may signal further investor interest and potential price appreciation in the near term.
ScalpAccording to the waves analysis we can expect that price rise again to the green zones.
This is my personal opinion and is not an offer to buy or sell, please act according to your trading plan
follow me for more ideas
Ftmusdt 1D (Which way do you think it will go??)Hello friends, I hope you are doing well, you are viewing the FTM currency chart in the daily time frame. Located in an ascending channel that has just hit the ceiling of the channel, I have identified two paths for ftm on the chart, depending on the strength of the buyer and the movement of btc
FTM: Spot long + sit on your handsReminds me of BIST:LINK 's eternal bearmarket range. FTM did already the heavy lifting and we have clearly left the range and aiming for 1.50 - 2.00 here. Weekly RSI is extremely encouraging while bouncin above the 50 -level again.
Simple spot long set up. Only opponent is time. The trend is up.
FTM NEW INCREASE TREND up $1 Possibility.FTM seems to enter a new BREAK possibility trend.
There is a good chance FTM can meet up $1 trend.
🔥 FTM Cup & Handle Break Out Confirmed!Around three weeks ago I made an analysis on FTM where I discussed the pending break out of the cup & handle pattern.
As seen on the chart, the pattern has been successfully confirmed and a break out is currently underway. FTM is now trading at it's highest point in 22 months.
2$ is the target for now. If BTC will soon break through 70k with confidence, we might move the profit target to 3.45$ or even 5$.
FTM is going to fly.
