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FTMBTC

FTM/BTC (Good Reaction at Key Support)💎Technical Analysis Summary💎 BINANCE: FTMBTC -Fantom touches the key area of support -The price is reacting to the area and we can see a green candle -The Bulls are trying to push the price above the support area -This is a good sign in the short term -But 1 candle is not enough to reverse the trend -Let's observe for a few days and see how the market develops A big Thanks for donating 💰 via Tradingview coins this week to ahancock 🙏🎉 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` Thank You All!🙏😊💖For Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading!😊💕💖 ``````````````````````````````````````````````
by PolarHusk
7
FTM/USDT (Bearish Double Top?)💎Technical Analysis Summary💎 BINANCE: FTMUSDT -Fantom is unable to get above the Swing High at 5500 sat -We can see two rejections at 4500 sat -This is a sign of weakness in terms of price action -Currently, it is still holding local support -But if the channel is broken downward -Please reduce position size or place a proper stop loss `````````````````````````````````````````````` Trading Involves High Risk Not Financial Advice Please Exercise Risk Management `````````````````````````````````````````````` If You Like My Daily Published Ideas A little Help By Supporting My Channel Through Leaving A Thumbs Up, Comment & Follow Happy Trading! --> Thank You! :) ``````````````````````````````````````````````
by PolarHusk
8
FTM/BTC (Retest Trendline Support?)BINANCE: FTMBTC -Fantom tested the 50D MA last Sep 5 and we saw a strong bounce -This time around, it is likely to test the upward trendline of support -If FTM holds this area, we might see an upside move up to 352 sat -But if the support trendline failed, The next potential support is at 209 sat -Please always follow your trading plan ^Trading involves High Risk ^Not Financial Advice ^Please exercise Risk Management **If you like my daily Published Ideas **A little help by supporting my Channel **Through leaving a Thumbs Up, Comment & Follow **Happy Trading! --> Thank you! :)
by PolarHusk
4
FTMBTC analysisBuy 3 and moon signal say we can buy. Here is my analysis: 1. We can buy when risk/reward ratio is greater than 2, we can buy at 2satoshi 2. We can buy at support = 1.31satoshi 3. We can buy when resistance turns to support (1D open & close above resistance) = 4satoshi Since there is an existing sell2 signal, either sell 3 or hell signal is required for sell decision. We must also sell if the chart goes 1D open & close below the support line. Note that chart is above the McGinley Dynamic line, so we must be careful when buying.
by SuhaibM
2
FANTOM is on the verge of an important breakout !If you followed me since June, you know that we are in FTM since around 60 satosi. So we are already up 200% in a matter of 2 months. However the big gains are still ahead, that is why I did not sell a single token. FANTOM is big and will play a key role in the infrastructure of smart cities in Asia ! We are approaching important resistance at 180 - 190 satoshi level. However I think we will soon overcome this hurdle because FTM is showing strenght ! Look at the RSI which is forming a beautiful cup & handle. This pattern will complete once we approach resistance and will provide the necessary power to slice through it !! Watch this one closely !!
Long
by Dangermousebanana
9
FTM/BTC (Retest of Key Support)FTM/BTC -Fantom is on a 4H short term downtrend -The price is likely to come down and retest the previous support area -The zone needs to be watching is somewhere around 210 sat level -This was a previous resistance turned support and 0.5 Fib support -We can also see the 100MA dynamic support in this zone -It is highly anticipated of a bounce reaction within this area -But I always recommend waiting for any Bullish signs -Before entering a Buy order, this will help reduce the risk
by PolarHusk
1
Fantom Support & Resistance Levels (76% Target Mapped)We have a trade that is active for Fantom (FTMBTC) but we also wanted to share the chart for you. Here we have the Fib. levels, which we are using as targets and support. If the fib. levels are above the current price, we call them our targets or resistance. If the fib. levels are below the current price, then when prices drop these levels work as support. FTMBTC is now bullish and aiming higher. Of course, if you do decide to trade, remember to always have a plan/strategy before starting. Thanks a lot for reading. Namaste.
Long
by AlanSantana
2
FTM.BTC (Y20.P3.E1).Macro structure.Key levelsHi All, I have been trading FTM of recent, only once so far due to the structure. It was an opportunity for a small trade. When I did my review today at the bigger structure, it has passed one big hurdle and is likely to keep going up. However it has many layers of resistances. < Note: WR, WS, MR, MS are what I mark for weekly resistance and support as well as monthly resistance and support. These help find targets as well> My thoughts: > Major sloping trend line resistance has been passed and retested on the daily, so its held up. Using the Run and Bump strategy, its also fits into this structure and hence strategy. > Hence, I see a potential price potentially bouncing off the 0.618 fib level as per the 4hrly chart, due to the volume profile having confluence with this fib. However the 0.5 fib looks like its holding based on the current candle and its wick. > I don't think it will be that volatile in this range. How to trade it: Not an easy one to call the entry but if the daily (current) candle closes above the 0.5 fib level (13 hrs to go) or higher then, its a bullish sign. As per my chart, I'm looking at 0.5 and 0.618 fib level and the candle sticks on the 3, 6, 12 hrly time frames, to go long. Please give me a like or tick for this effort, Cheers, S.Sari 4 HRLY chart. Overview chart
Long
by ssari
1