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FTMUSDT

SasanSeifi 💁‍♂Potential Breakout and Future Price TargetsAs you can see from the chart, the price of Fantom is currently trading within a descending trendline at $0.44 cents. If the price breaks and consolidates above the important $0.47 level, we can expect further growth and an upward trend to the $0.66 supply zone and the $1 price range. The important support zone in the long term is $0.38/$0.34 cents. Please share your thoughts and insights in the comments below! I'd love to hear your take on the FANTOM chart.🙌🧐 This is not financial advice. Always do your own research before making any investment decisions.✌
Long
by SasanSeifi
FTM 💣 Ichimoku BREAKOUT Hey guys! Kina here, well FTM coin has been on a range for a very long time and still is stuck in a box. But as it bounced off from support I believe is going to re-test the resistance of this range which is at about 0.65 zone. So we could set potential targets in that area. Now, as we can see FTM pierced through the cloud, re-tested it and then bounced off from it again. An ichimoku cloud on a daily chart means we can go long and hold for as long as the coin give us! When price goes back into the cloud we keep the money and stay out of the trade. That's one classical way to use this famous indicator. Safe and consistent approach if you don't want to overthink it too much! Hold dearly and risk wisely, Kina 💣 The Girly Trader
Long
by KinaStar
2
FTM/USDT bullish move from key support? 🚀 FTM Analysis💎 Paradisers, turn your attention to #FTMUSDT, as it shows signs of a bullish resurgence from a significant support level. 💎 In the dynamic world of cryptocurrencies, #Fantom has experienced fluctuations but is now poised at a crucial support zone of $0.4165. If #FTM can firmly establish itself above this threshold, we may see a vigorous rally towards the resistance level of $0.5607, signaling a bullish phase in its trajectory. 💎 Given the unpredictable nature of the crypto market, flexibility and adaptability in your strategy are paramount. Should UPCOM:FTM struggle to secure its position at this pivotal support, it might be time to consider an alternate approach. 💎 Plan B involves a strategic pivot, focusing on a bullish revival from the lower support level at $0.3431. Monitoring this level is vital, as falling below it could suggest a shift towards bearish trends. Keep your wits about you, Paradisers, as we journey through the fascinating landscape of the #FTM market.. 🌴💰
Long
by MyCryptoParadise_Simon
🚀 FTM (Fantom) Trade Setup 🚀📊 Analysis: Breakout Confirmation: FTM has broken the $0.60 area of resistance and flipped it into support, indicating potential for trend continuation. Buy Zone Retest: Look for any retest of the buy zone to gain market exposure. Entry the trade between $0.63 - $0.715 Initial Take Profit: Target the next area of resistance around $1 as an initial TP area. Extended Take Profit: Consider extending the take profit to $1.6 for additional gains. Stop Loss: Set the stop loss just below the $0.55 level to manage potential losses. 🌐 Note: Stay updated on market conditions and adapt your strategy as needed.
Long
by Richtv_official
FTMUSDT.1DBased on the given market data, the FTM/USDT pair is currently trading at a price of 0.79 USDT. The Relative Strength Index (RSI) on the 4-hour, daily, and weekly charts suggest that the pair is somewhat overbought, with the RSI values being 63.11, 82.59, and 78.46 respectively. An RSI above 70 usually indicates overbought conditions, suggesting a potential price correction in the future. The Moving Average Convergence Divergence (MACD) on the 4-hour, daily and weekly charts are positive, indicating bullish momentum in the short, medium, and long term. However, as the RSI is high, the bullish momentum may slow down or reverse due to potential overbuying. The Bollinger Bands (Bb) on the 4-hour and daily charts are 0.85, suggesting that the pair is trading near the upper band, another sign of overbuying. However, on the weekly chart, the Bb is 1.010, which is above the current price, indicating that there may be room for upward movement. The support levels on the 4-hour, daily, and weekly charts are 0.63, 0.68, and 0.59 respectively, which could provide a safety net if the price starts to fall. The resistance levels on the 4-hour, daily, and weekly charts are 0.95, 1.113, and 1.11 respectively, indicating potential targets for the price to reach if the bullish momentum continues. In conclusion, while there are bullish signs for FTM/USDT in the short, medium, and long term, the overbought conditions suggest caution. It may be wise to wait for a potential price correction before considering a long position. However, if the price breaks the resistance levels, it could potentially continue its upward trend. Please note that this analysis is based on the current market data and does not take into account potential future events or changes in market conditions. Always do your own research and consider your risk tolerance before making investment decisions.
by MarsSignals
1
FTM FANTOM EW COUNTFTM had great run up off the lows but has been sluggish and weak since. Perhaps can be viewed as consolidating/accumulation AM favoring 'the top' is close but also considering another leg higher might be in play after current pullback. We will have to wait and see how the current pullback plays out and see how markets behave over next few days/weeks. Opportunity to go long may be a favorable trade as I personally do favor another leg higher; a stop loss at previous low is ideal area to consider for managing risk. Will update the wave counts as candles print. For now, nothing major. Current sequence appears to be impulsive sequence of wave i-v to complete the corrective ABC as a wave ((4)). We shall see how this plays out. As always trade safe. If you would like to leave comments or share, please feel free. If you found this helpful please click like to show support Happy Trading Cheers
by CryptoHolix
4
#FTM Possible Elliott scenarioAfter touching the range specified in the previous post, it is still moving in a downward channel. At the bottom of the channel, it has gone through a full cycle of correction, which has currently had a full cycle in the form of wave 1 of ascension, and the current correction is a response to the rise from the channel floor to the channel ceiling. The two PRZ zones can complete the wave 2 correction and after that it should witness the exit from the descending channel. But now, if we have confirmation of the continuation of the process, the roof of the channel and the roof of the minor should be broken upwards, so that I can clearly say that the correction of wave 2 is over. Therefore, for the moment, you can act in these two ways for the buying position. Either you have to wait for the second PRZ, or after the break of the ceiling of the channel or the ceiling of the minor supply, it will enter wave 3 or C... ------------ Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.
Long
by alikze
12
FTMUSDT Weekly Technical and Fundamental Analysis Upward Channel Analysis: FTMUSDT is currently trading within its established long-term ascending channel on the weekly timeframe. This channel, formed since late 2022, has provided support and resistance levels for FTMUSDT's price. The current resistance sits at around $0.54, while support rests at roughly $0.38. Weekly Candle Analysis: The current weekly candle is still forming and hasn't closed yet. FTMUSDT is currently positioned above the 200-week Moving Average (MA200), indicating potential bullish momentum. A weekly close above $0.54 could be a sign of bullish strength and continuation of the uptrend. Target Zones: If the price breaks above and sustains itself above $0.54, we could witness FTMUSDT potentially reach the $1.63 zone. This target zone is identified using the Fibonacci retracement tool based on the ascending channel's highs and lows. Important Notes: This analysis is solely for informational purposes and does not constitute financial advice. Conduct your own research and employ proper risk management strategies before making any investment decisions. Fundamental Analysis: Fantom Roadmap: Fantom recently unveiled its new roadmap outlining its development goals and plans for 2024 and 2025. Fantom Network Growth: The daily active users on the Fantom network are on the rise, indicating increasing demand for the platform. Fantom Collaborations: Fantom has established partnerships with several prominent companies and projects within the cryptocurrency space. Conclusion: FTMUSDT is currently positioned technically well and possesses the potential to reach the $1.63 zone. However, conduct your own due diligence and utilize proper risk management strategies before making any investment decisions. Keywords: FTMUSDT Technical Analysis Fundamental Analysis Ascending Channel Weekly Candle 200-week Moving Average (MA200) Target Zones Roadmap Network Growth Collaborations Risk Management Resources: TradingView: www.tradingview.com Fantom Foundation: fantom.foundation
Long
by vishkaiee
FTM after the pullback will continue the uptrend FTM after rejection from the key resistance zone and the pullback will continue the uptrend 🔵Entry Zone 0.4876 - 0.5084 🔴SL 0.4571 🟢TP1 0.5488 🟢TP2 0.6384 🟢TP3 0.7554 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your likes 👍 and comments.
Long
by JosephMcKenzie
1
#FTM #FTMUSD #FTMUSDT #Analysis #Eddy#FTM #FTMUSD #FTMUSDT #Analysis #Eddy (("All the relevant areas and explanations on the chart are clear and clear, the trading setups need to get confirmation to enter, if you don't know how to get a trigger and confirm entering into transactions, this analysis is not suitable for you, the above analysis is for professionals. and if you are a beginner, my suggestion is that you don't destroy your capital and first learn technical analysis and basic trading along with psychology and risk and capital management from reputable sources and courses, and then enter the financial markets.")) (("The above analysis and setups and points and areas are combined with most of the combined styles such as price action, supply and demand, RTM, ICT and also with the analysis of important indicators such as Dominance Tether and Bitcoin. If you are familiar with the mentioned styles and know how to get approval to enter the above styles, use the above analysis. This is not an investment proposal and only my opinion, please act based on your experience and decisions.")) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ BTCUSDT.P Setups 1+2 : BTCUSDT.P Setups : 3+4 : I also suggest you to view my #Analysis of #Bitcoin from the link below : Related Tether Market Cap USDT Dominance Analysis : (( USDT.D )) : Check Link :
by Eddy_Trade_