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Fantom / TetherUS

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FTMUSDT trade ideas

Brief Analysis —— FTMRecently, cross-chain bridges such as Multichain and PolyNetwork have been attacked, causing losses of millions of dollars. As a protocol that connects the liquidity of different chains, it is particularly important for the crypto industry. Today we will take attention on FTM/USDT, MULTI/USDT and KAVA/USDT, which affected by the attack of Multichain. Carried by the market, FTM rebounded a mouth ago. The price failed to break above 0.32 (green arrow). The price turned down again last week, and then went into fluctuation. Although the decline accompanied by a high trading volume last week. After taking back the part of the accelerated gain (green range), the bears did not fall further when the bulls weakened, but entered a narrow range of fluctuation and the trading volume fell back. Conclusion: Mostly fluctuation. FTM remained neutral at the daily level. The rapid decline did not erode all the rise. The decline has no continuity. So we come to this conclusion. We set resistance level at 0.32 and support level at 0.23. If you have any ideas, welcome to communicate with us:) Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies. Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
by Sypool
FTM Long - Possible new impulse upsideFTM in a strong bounce after painting a bearish divergence on the 4H. Good case for 5 waves complete and a subsequent ABC also just finished. Current price seems at an inflection point. If we can flip 0.2790 into support and invalidate our M, watch the B high for more solid confirmation of some decent upside. Look to scale in on the wave 2 pullback and ride the potential wave 3 Bear in mind the fub around FTM with the multichain fud although not directly effecting FTM could still dump to 0.22 Conversely recent fud should have built up some short liquidity for market makers to squeeze
Long
by ccprotech1
1
FTM/USDT 4H ReviewHello everyone, let's look at the FTM to USDT chart on a 4-hour timeframe. As you can see, the price has broken out of the local downtrend line. Let's start with the support line and as you can see the first significant support is at $0.25, then we have the second support at $0.20 and then the third support at $0.16. Looking the other way, we can determine a significant resistance zone that the price has to face from $0.35 to $0.39, only when we move up from this zone, the price can move towards resistance at $0.46. The CHOP indicator indicates the ending energy, which gives small price movements, the MACD tries to return to the local uptrend, while the RSI after a visible rebound, we have an attempt to return to the uptrend.
by cryptodailyuk
FTM- Updated Chart 💹 FTMUSDT This has been a phenomenal trade for me and I am still holding half my position from 'entry uno' 0,322 is the resistance we must keep in mind now. Hopefully Bitcoin will help break higher./.let's see: 0.40 is a valid target that can be achieved this summer and i think we are over 68% possible to see it happening Then again, we could go parabolic but let's go step by step now and monitor the market and the charts so: 0.3049 is support, under there i do have a SL to secure more profit. One Love, The FXPROFESSOR
Long
by FX_Professor
5
Fantom Weekly Elliott wave countFantom looking promising on log scale. Price was rejected into 1.618 fib extension of an impulse that may be Wave 1 than moved down into a correction that may be an expended flat pattern. The price held an important level from 0.1530. Keeping 0.1642 level and than clearing 0.5468 it may start an impulse that may be the 3rd wave from a bigger degree 5th wave. Hit the like button if you like my analysis and follow me for future updates! Good luck!
by Cross10XSignals
6
Fantom – Second Entry Point• Please read my previous FTM idea for context. • It looks as if FTM has taken the straight route up. (Green Scenario) • If FTM moves above 0.333 USD I will consider it a ChoCh on the daily chart . Meaning, a move from a downtrend to an uptrend. • IMO, there are two ways to play this. In the end they are all the same: 1. Simple Support/Resistance Flip trade: Wait for FTM to test the 0.333 USD Level as support to enter long with the SL below the previous low. 2. Wait for a pullback to the demand zone with a SL below the zone. FYI, this demand zone was tapped once on June 24th, but it doesn’t mean that price will not test this demand zone again. Trade Idea 1 (Support/ Resistance Trade): • Entry: 0.333 • SL: 0.2876 • Target: 0.546 (TP along the way, leave a moon bag) Trade Idea 2 (Demand Zone): • Entry: 0.3 • SL: 0.2876 • Target: 0.546 (TP along the way, leave a moon bag) NFA. What do you think? Please share in the comments. Best wishes to all.
Long
by NewThoughtCrypto
1
FTM/USDT Looking For Further Drop! Hey traders 👋 FTM had a nice breakdown from recent support zone where price also broke 200EMA and currently going for that 100EMA. We are entering here into a bullish channel but re-entering can mean a potential break of that channel so we are keeping an eye on this one today for sure! If you like ideas provided by our team you can show us your support by liking and commenting. Yours Sincerely, Swallow Team Disclamer: We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Short
by SwallowPremium