FTMUSDT trade ideas
FTMUSDTtrade idea on ftmusdt, taking entry after price takes out inducement targeting the previous swing high for take profit and the swing low of the structure below the inducement for stoloss
Fantom is now trending - 0.5$ soonFTM is being accumulated by many Smart Traders. Next price maybe 0.5$+
FTM → Blast Off to $0.40!? Or Rejected to $0.20? Let's Answer.Fantom continues its bullish blast bouncing hard off of the 4HR 200EMA ribbon and then the 30EMA. We're now closing in on Resistance Zone #1 and need to know what the next trade move will be.
How do we trade this? 🤔
We're too close to the resistance zone to long and we don't yet have any indication that the price will reverse. Best to wait on the sidelines until 1 of 2 outcomes unfold:
1. Rejection at Resistance #1: Strong bear signal and confirmation bars closing on or near their lows. Short scalp a 1:1 with half of your position then swing the to 1:2. You could also swing until you see a reversal bar to the upside.
2. Breakout of Resistance #1: Wait for Resistance #1 to be broken and tested as support. Long that support and sell half your position at a 1:1 Risk/Reward Ratio then the rest at 1:3 or if the price fails at Resistance #2.
💡 Trade Ideas 💡
Long Entry: $0.355
🟥 Stop Loss: $0.345
✅ Take Profit #1: $0.365
✅ Take Profit #2: $0.385
⚖️ Risk/Reward Ratio: 1:3
Short Entry: $0.335
🟥 Stop Loss: $0.344
✅ Take Profit #1: $0.326
✅ Take Profit #2: $0.317
⚖️ Risk/Reward Ratio: 1:2
🔑 Key Takeaways 🔑
1. Bullish Macro Trend, Bias to Long!
2. Strong Support at 200EMA, Bias to Long.
3. Coming up on Resistance Zone #1, Wait to Enter.
4. If Rejected at Resistance #1, Short Scalp.
5. If Break Resistance #1, Long Support.
6. RSI at 63.00 and above Moving Average, Bias to Long.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
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//\\ Charming FTM //\\Will we see the terrifying rise of the FTM and its ecosystem? The ecosystem updates are very interesting and you can see the climb on the weekly chart, is FTM close to the following numbers?
$2 ,
$3 ,
$5 ,
$6 ,
$9 ,
$12
Long-Term Analysis of Fantom (FTM) CoinIf FTM experiences a decline within the specified range of $0.2246 - $0.208 in the coin analysis, it may be considered for long-term investments. If it encounters strong buying reactions from the mentioned support range, the initial upward target is $0.357, with the next target being $0.414.
Should FTM continue its downward movement, and if it drops to the $0.1856 level, a final addition can be made. However, if FTM closes weekly candles below the $0.17 level, it should be stopped.
Not financial advice (NFA).
FTMUSDT Looking BullishTrading Recommendation - FTM / USDT (Futures)
Position - Long
Margin Type - Isolated
Recommended Leverage - 2X to 3X
Entry Range - Purchase between $0.320 and $0.325
Targets:
1. $0.330
2. $0.335
3. $0.340
4. $0.345
Stop Loss - Set at $0.29 (Use Stop Loss Mandatorily)
A short tradeA short trade
6 to 1 risk to reward
I expect that we will have a drop in the desired area
FTM → A High Profit Opportunity! This Analysis Breaks it Down.Fantom is marching forward in a bull channel, breaking previous resistance and setting its sights on $0.34. It looks like we have a clear shot to the next resistance level, but is it safe to long now?
How do we trade this?
The bulls have several data points on their side; a bull channel, breaking of previous resistance, successfully testing that resistance as support, but is that enough to enter a long? Not yet! What we need now is a bull confirmation candle on this second support test. The last hourly candle just closed above support a few minutes ago, we need to hold this price and close a strong bull candle to justify a long.
If FTM delivers, set a protective stop below the "New Support" line and set a take profit at a 1:2 Risk/Reward ratio. The next resistance level on this timeframe is just below $0.35, so it's reasonable to take your profits before then.
Also, keep an eye on Bitcoin as a leading market indicator, it's into new high territory for this bull run and we need to be vigilant about reversal candles appearing. If one does, be prepared to change your bias to short!
Trade Idea
Long Entry : $0.325
Stop Loss: $0.319
Take Profit: $0.340
Risk/Reward Ratio: 1:2
Key Takeaways
1. Bull Channel, Bias to Long!
2. Broke out of Previous Resistance, Now Testing Support.
3. RSI at 56.00 and below Moving Average, Bias to Short.
4. Wait for a Bull Confirmation Candle Above Support.
5. Long 1:2 Risk/Reward, Stop Loss below New Support.
You are solely responsible for your trades, trade at your own risk!
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FTM to go up by a minimum of 10% FTM not only continues its price ascent since the 25th of Oct, but a nice cup and handle formation also forms on the 5 month timeframe. RSI is in support zone and the 50 day ema shows FTM looks set for a minimum of a 10% price gain. However, a drop in BTC could invalidate this price action so be alert. Target 1 : 0.3553 | Target 2 : 0.4013
Trade with caution as always. This is not investment advice.
FTM → Going to $0.42!? Maximize Profits With This Simple Chart.FTM has shown strong support on the 200EMA and is currently bouncing for the second time since falling out of the bull channel. It appears we have a clear runway to the Weekly Resistance at $0.42.
How do we trade this?
All of the data points indicate that we should long with the exception of the RSI which shows the price as fairly overbought. However, Price Action is King and I do not prioritize indicators over what the price action is telling me. We shouldn't ignore the RSI completely, but I do not believe that means the price is going to reverse. It likely means we'll have a minor pullback or the RSI will simply keep going up as the price action goes up.
At worst, be ready for a minor pullback. If we see a strong bear candle closing on or near its low, that's when we change our perception of the market conditions. We've fallen out of the bull channel, but we're still above the 200EMA and showing strong support. We should remain bullish until we start to get lower lows and strong bear bars closing on or near their lows below the 200EMA.
Trade Idea
Long Entry: $0.31
Stop Loss: $0.275
Take Profit: $0.38
Risk/Reward Ratio: 1:2
Key Takeaways
1. Fell out of the Bull Channel.
2. Price Bounced on 200EMA twice since bear breakout.
3. Strong Bull Bounce to $0.32.
4. RSI around 60.00, May be a pullback to 30EMA.
5. Look for bounce at 30EMA. Close Gap to Weekly 200EMA.
You are solely responsible for your trades, trade at your own risk!
If you found this analysis helpful, click the Boost button and let us know what you think in the comment section below!
$FTM ready to Fly strong supports zones are indicated in Green , Targets are indicated in yellow
Good volume are entering Fantom after many good upgrades
FTM ( Signal ) sell and buy 🟥🟩Hello every one 🖐🏻
Crypto has become very attractive these days and has very good fluctuations. And if you are alert, you can earn very good profits from it.🤑
🔴 The breaking area of the orange trend line can be suitable for taking a sell position.
🟢 But basically, this analysis is for buying in the specified area, which I specified the price.
Buy on that area and follow the price until the specified target and move forward.
Good luck ✌🏼
Is $FTM Ready to Moving Forward to $0.5?Hi everyone
After two swings in the descending channel and the re-reaction of the $0.16 support level, which followed the return of UPCOM:FTM to the upside, we now see UPCOM:FTM officially breaking out of the descending channel with the intention of reaching the short-term targets of $0.38 and $0.51.
The unexpected and very positive price performance of WigoSwap, the decentralized financial platform of the Fantom ecosystem, has made investors and fans of UPCOM:FTM hope to see such growth in UPCOM:FTM soon.
If Bitcoin does not fall sharply and ends this week above the level of $37000, we can hope to see a new wave of uptrend of UPCOM:FTM during the next week.
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Goodluck
