FTMUSDT
$FTM - could give us a SHORT opportunityHello my Fellow TraderZ,
$FTM in a recent uptrend literally ripped up the Shorters. But here could be an opportunity ONLY if we lose the Support of Line & the EMA 50 on 4 HTF.
Will see some strong retracement in downward around 15-20%. It could retrace more up to $0.32-$0.35, but will see that if #BTC starts behaving like a Bad Boy.
Get ready, observe the conditions, wait for Lower Low and just Hammer in CAPO style.
CHEERS!!!
FTM amazing profits after my call ! What next?FTM / USDT
FTM was one of strongest coins in this bullish wave
In less than 1 month it made more than 180%(spot) after my call in 8th January last month
See my previous idea here : ⬇️
WHAT NEXT ?
I recommend secure some of your profits As you can see in my chart we approaching strong resistance between 0.75$ and 1.10$
Big rejection can happen here however if it could break it the next will be the previous ATH or even more
Appropriate your support by likes and comment for more ideas like this one
$FTM Technical Analysis - R Fair Value Gap Turned Support *SMC**SMC* = Smart Money Concepts. See related Ideas for tutorials
In Smart Money, there are specific candle formation that will lead to a lot of clues to price action results. Yesterday FTM was the product child of those clues. Currently, the price has hit the top od the daily / weekly fair value gap. I just closed my long position because I expect it to retrace to thebottom of the weekly fair value gap, which in turn is also a breaker. These will act as support so once price reaches $0.548 we should see that support start working it's magic
Current chart label (1) Lower time frame
(2) It could retrace to the bottom of the order block which would balance the chart on a weekly level and then would also turn bullish at$0.51885 - See chart two higher time frame
1
2
We shall see good luck and happy trading
FANTOM'S ADVANCED TECHNICAL ANALYSIS !!!Here we are having an advanced Elliott based analysis on one of the best featured DeFi projects, Fantom .
As the chart illustrates, the expected deep correction is done, by completing the wave (b) and reaching the daily order block and also, changing the main structure by crossing the last major pivot. It might have an appropriate possibility for investment and buy some Fantom on 0.32$ and hold for long (at least 2 yaers).
And let's look at the last impulsive wave from the Fantom:
We might see something like this! It's not dramatic, this is the reality!
-Stay tuned for more updates-
FTM to ATH and beyond, question is WHEN?My opnion is that one of the fast performers on this new bull run will be FTM.
It's obvious from my point of view that the whole FTM/USDT graph it is a biiig BULL FLAG.
I've used the trend based fibo time to mark the possible answer to the question WHEN.
WHat do you think?
FTM is the ticker symbol for the cryptocurrency Fantom, which is a distributed ledger technology (DLT) platform designed to enable fast and scalable transactions. These are the key fundamentals and potential reasons for optimism regarding Fantom :
1.Scalability: Fantom aims to solve the scalability issues faced by other blockchain platforms by using its unique directed acyclic graph (DAG) structure, which enables parallel processing and high transaction speeds.
2.Interoperability: Fantom is designed to be interoperable with other blockchain networks, making it possible to integrate existing systems and infrastructure with the platform.
3.Use cases: Fantom is targeting a range of use cases, including digital asset management, supply chain management, and decentralized finance (DeFi) applications.
4.Partnerships and collaborations: Fantom has established partnerships and collaborations with a number of organizations and institutions, which could help to drive adoption and increase its network effect.
5.Research and development: The Fantom team is actively engaged in research and development activities aimed at improving the platform and expanding its capabilities.
This is just my opinion, it's not a financial advise!
Take care of your hard made money guys!
CHEERS!
FTM/USDT ChartHi, I try to post often so if you could follow and like it would mean a lot to me.
Crypto had a great run lately and in the midterm I am still bullish, but for now a small correction will probably happen. BTC is moving sideways and most altcoins don't have enough strength to break their next resistance so we will go back to support and then bounce. In the 4H and in 1D chart FTM is overvalued and looking to drop, so I think I have a nice short set up here. Not financial advice
We can only hope that 2023 is a good year for crypto and the markets in general.
I will probably give an update on APT in the next days, since I believe in a great run for the coin.