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Fantom / TetherUS

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FTMUSDT trade ideas

FTM USDTFantom is at critical point, if the important support breaks heavily by sellers, it will confirm Head and Shoulders pattern, and it can reach to $0.008! This analysis is done in weekly timeframe, so there is no expectation to get to that target straight away. The indicated support needs to be broken heavily by sellers and pullback successfully in order to confirm H&S pattern. This analysis can be failed, so please do your own research and trade according to your own strategies and risk management.
Short
by hsasadi
7
✴️ Fantom 365% To 595% Bullish Wave Potential MappedFrom mid November 2022 through early February 2023 Fantom grew by 333% or 3.3X, all this growth within 80 days, almost three months. This was followed by a 73% (195 days long) correction. Imagine how it would look like now to see 2 months (60 days) or even 3 months of continued growth... Can you see it? No? That's because it is going to happen. You see, the way reality works most of the time we get the scenario we least expect. What we are missing, what we are ignoring, what we can in no way belief, what we deny, what we neglect... These are the events we are preparing for subconsciously. You cannot even imagine a flash crash coming and so a flash crash comes. You cannot even imagine that things can become good for once... You can't ever even accept that everything will become great and great you will get because that the scenario that you least expect. You see, it works both ways. The Universe cannot distinguish between right and wrong. It only knows to do and it cycles between what you consider light and what others consider dark. And so the market will continue to move in cycles, every week, every month, every year, wave after wave... It is always positive. If it has been going down, it is because it will go up next but, it works both ways. If you see the marked fixed on sustained long-term growth, be prepared because at some point it reverses and that's why we sell on the way up. Buy when prices are low and red, sell when everything grows. Focus on spot trading and the long-term and you just guaranteed your success. Focus on getting rick quick, gambling and the rest, and you will be caught in the next shakeout phase. I am just sharing my experience of course. Leave and take. Take what you like, ignore what you don't like... Thanks a lot for your support. Namaste.
Long
by AlanSantana
5
Is FTM going to Fall Crazily? Watch this ChartFTM, currently trading at 0.1950, could face significant implications if its price drops below 0.16 or even 0.15. Such a downturn might lead to a pronounced plunge towards the 0.04 range. Presently, the support range is established roughly between 0.19 and 0.15. Examining the logarithmic graph of FTM provides insight into its anticipated trajectory. A crucial point to consider is the potential impact if BTC experiences a decline. Such a scenario could trigger a dire situation for FTM. Regarding entry points, entering when the price is at the support level might carry substantial risk. It might be wiser to await a breakout beyond the vertical resistance within the descending wedge pattern, as observed in the ongoing trends. In case the price indeed drops below 0.15, a more conservative approach could involve considering entry opportunities around 0.04. Please remember that the information provided here is for educational and informational purposes only. Always conduct your research and consider seeking advice from financial professionals before making any investment decisions.
by blocksat