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FTMUST trade ideas

Fantom max pain as unconfirmed double bottom formsFTM weekly 'Never forget what they did' last time FTM looked like this the bears got slayed like butter left behind in the face-rip that pursued FTM racked an impressive 25000% in months and you could hear the bones crack in the silence We, of course, don't suggest the massive run will happen again but a modest return to ATH would still be an impressive 2000% move potentially life-changing for not only the maxis but all buyers around these levels stay true UPCOM:FTM
Long
by Hollowzep
1
Fantom has copped an absolute hidingFTM 4hr Wow hard to believe the absolute hiding FTM has been able to endure We have been here with Fantom and the foundation from near the start and have been through the most gut-wrenching moments of my life (and I am a helicopter-mustering pilot) This is a bees dick compared to what we went through leading into the 3.75 high stay true and it might be life-changing We think the recovery might reclaim the 0.30 area to stabilise and think the innovation will keep the momentum going UPCOM:FTM stay true
Long
by Hollowzep
FTMUSDT wants the Demand Zone?FTMUSDT has bounced on a dynamic support level, which means that the price has been supported by an upward-sloping trend line drawn through recent lows. This is a positive sign for FTMUSDT, as it indicates that there is buying pressure in the market and that traders are interested in purchasing the cryptocurrency at these levels. However, there is also the possibility that the price of FTMUSDT could retest the 0.382 Fibonacci retracement level. If this were to happen, it would create a new bearish impulse, which means that the price would likely fall further until it reaches the 0.42 $ level. If the price does reach this level, it would satisfy Plancton's Rules, which are a set of technical analysis principles that traders can use to identify potential short positions in the market. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <= 1h structure. Follow the Shrimp 🦐
by InkyGrip
13
FTMUSDT 🤯 Hold or Break Key Level AnalysisPoint of interest right now as we are sitting at a demand zone which price is expected to react however we are coming from a downtrend structure after the bulls got exhausted this could be another correction and/or the uptrend resumes. 1. We get a false breakdown, I believe it will touch 0.30 and buy orders would get triggered. If that happens then we would at 4h a bullish pattern we can trade and target next supply zone. Target Upper Downward Channel area: 0.37 - 0.40 2. This level gets pierced through and in that case, we expect price to decline to the next demand zone. Target Next Demand Zone: 0.24 - 0.20 I'll update as I see this playing out. All the best, Kina🤯
by KinaStar
2
FTM/USDT 1DInterval Resistance and SupportHello everyone, I invite you to review the FTM chart also on a one-day interval. At the beginning, with the help of yellow lines, we will mark the downtrend channel in which the price is moving at its lower limit. As we can see the price has fallen below the EMA Cross 200 line, the place where the price falls below this line is a confirmation of going into a strong downtrend, as in this situation. Now let's move on to marking the support points for the price in a situation where the correction will continue to deepen and we see that the price is in front of a very strong support at $0.26, however, if the support is broken, we can see a drop to the next support at 0, $17. Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that the first significant resistance is at $0.37, then we have second resistance at $0.42, then there is a strong resistance zone from $0.46 to $0.50. The CHOP index indicates that the energy is slowly gathering strength, the MACD remains in a downward trend but is close to a trend change, while the RSI has been moving at the lower end of the range for some time, which may indicate the approaching end of the current correction in the coming days.
by cryptodailyuk