FTMUSDT - Inverse Head & Shoulders - A Prime Long Opportunity?1.) Quick Overview
On the FTM/USDT 4-hour chart, an inverse Head & Shoulders pattern is shaping up, often hinting at a bullish reversal. If the pattern completes, this could offer an excellent long setup. The key level to watch is around the mOpen at $0.6555, where the price is expected to dip and complete the “right shoulder,” potentially setting the stage for a strong bounce.
2.) Deep Dive: Chart Analysis
Inverse Head & Shoulders Pattern:
- Left Shoulder: Formed near $0.6342.
- Head: A deeper low at $0.4744, marking the low point of the pattern.
- Right Shoulder (In Progress): Expected to complete around mOpen at $0.6555. If the price touches down here and holds, it could serve as an ideal long entry point.
Fibonacci Retracement:
- The 0.382 Fibonacci retracement level aligns near $0.6555, supporting the right shoulder as a potential bounce zone.
Key Levels to Watch:
- mOpen at $0.6555: This is our primary entry level, where the right shoulder could find support.
- VAL (Volume Area Low) at $0.6324: Another important support zone where the anchored VWAP also aligns, reinforcing this area as a significant base. If the price dips below mOpen, the VAL may act as a secondary support level.
- VAH (Volume Area High) at $0.7262: Our initial target if the inverse Head & Shoulders completes, with potential for further gains.
Volume Profile:
- Increased volume near the head formation suggests accumulation, supporting a bullish scenario if the right shoulder completes as expected.
3.) Trade Setup
- Entry: Look for a long entry around $0.6555.
- Stop Loss: Place the stop loss just below $0.58 to manage risk if the pattern fails.
- Target: Initial target at $0.7262 with room for more upside if the breakout continues.
- Risk-to-Reward: Favorable setup with solid support and a high-probability bounce area.
4.) Final Thoughts
- With the combination of the inverse Head & Shoulders, support at mOpen, Fibonacci, and anchored VWAP at the VAL, this FTM/USDT setup looks promising for a long position. Watch for confirmation around $0.6555 to see if the right shoulder completes.
Disclaimer
This analysis is for educational purposes and should not be taken as financial advice. Always do your own research and manage risk carefully!
FTMUSDT
FANTOM (FTMUSDT) Surges with Lucrative Long Trade Setup!FANTOM (FTMUSDT) Analysis:
On the 1-hour timeframe, FANTOM (FTMUSDT) has confirmed a clear long entry at 0.6428, indicating strong bullish momentum. The targets appear promising as price action continues to align with the upward trend, potentially unlocking significant profits.
Trade Summary:
Entry Level: 0.6428
FANTOM Target Levels:
TP1: 0.7131
TP2: 0.8268
TP3: 0.9406
TP4: 1.0108
Stop Loss: 0.5860
Leveraging the Risological Dotted Trendline, this setup highlights FTM’s strong upward potential. Keep an eye on this for a steady climb toward the targets!
FTMUSDT: Bearish Head and Shoulders PatternFTMUSDT Technical analsysis update
BINANCE:FTMUSDT has formed a bearish head and shoulders pattern on the daily chart, with price moving the support level below. If a breakdown is confirmed on the daily chart, we could expect a potential drop of 20%-60% in FTM. Additionally, the price has fallen below the 100 EMA, adding further confirmation of a bearish trend.
Short level: Above $0.58
Stop loss : $0.675
Target 1 : $0.530
Target 2 : $0.420
Target 3: $0.260
Fantom (FTMUSDT) Short Signal on 4-Hour Timeframe💡 Technical analysis shows that after completing a 5-wave Elliott pattern, Fantom has entered a corrective phase, forming an ABC correction. Additionally, a Head and Shoulders pattern is in progress, with a potential neckline break signaling an ideal short entry.
🎯 Price Targets:
Target 1: $0.53
Target 2: $0.44
Target 3: $0.32
⏳ Correction Timeframe: Late December 2024 to early January 2025
This time window provides promising shorting opportunities for Fantom. The specified targets can also be considered for re-entry into long positions, as a new bullish wave may begin after the correction completes.
⚠️ Stop Loss: Set a stop loss slightly above the neckline to protect capital.
ALTCOINS Q4 2024 | Ideal Entries | GOOD BUYSHere's an updated list of 10 altcoins that have good chart setups and longer term prospects.
Note that for some, you may have to dollar-cost-average (buy little bits on the way down).
1) NEARUSDT
2) TAOUSDT
3) LTCUSDT
4) TIAUSDT
5) FTMUSDT
6) GRTUSDT
7) AVAXUSDT
8) INJUSDT
9) AAVEUSDT
10) SOLANA / SOLUSDT
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#FTM FANTOM COIN LONG POSSIBILITY - ALTCOINI will be watching to marked 'Long Zone' for possible long position.
LTF confirmation will be needed in order to open position.
Possible target would be the purple line.
Risk assests are doing good recently but we have still geopolitical risks currently.
Nothing i share is financial advice. Education purposes only.
FTMUSD long using proprietary multi-timeframe trend detectionExecuting this on M5 and M15 time frames as I usually do, taking into account H1 short term trend retest taking place right now.
Entry: 0.7508
SL: 0.7320
TP: 0.8420
Upon clearing 0.79 and invalidating the H1 T candle that formed I'll move the SL a little higher than BE. H4 close above that 0.8 would likely take this to target relatively quickly.
H1 close above 0.7561 would be ideal now:
FTMUSDT BUY SIGNAL. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Fantom (FTMUSDT) Trade Update: 700% Profit -All Targets AchievedWe entered the trade on 9th September at 0.4026, and by 17th September, all targets up to TP4 were successfully achieved. The trade has now moved into a bigger profit, marking a 70% gain from the entry. With 10x leverage, this results in a 700% total profit.
We'll continue to monitor the position using the Risological Swing Trader closely as the market unfolds.
FTM correctionhello.
I think in few week we will see ftm at level .54
why:
1.price action signals
2.rsi in day conot brack moving 14
3.in weekly time frame ichimoco cloud is green and the price i dont think can brake it.
4.btc down trend
target: .54
why:
level .54 is neck line of reversal head and shoulder
FTM Looks Braish (4H)From where we placed the red arrow on the chart, it seems that FTM has entered the correction phase.
It seems to correct an ABC with a more complex pattern.
Now it seems that wave A and B are completed and the price is entering wave C. Wave C is bearish.
The targets are marked on the chart.
Closing a daily candle above the invalidation level will violate the analysis
invalidation level : 0.7695
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
FTM potential mid/long term view FTM / USDT
Fantom is trying to print huge I H&S on HTF which is great bullish pattern if completed
If my plan succeeds and the pattern is completed …the right shoulder is located between 1.2$ -1.5$ (first TP)
And if we breakout the neck line the next targets zones will be 2.9$-3.5$ and 5$-6.8$ (optimistic)
Note : We bought this coin around 0.48$ area few weeks ago which was a great entry…. price could also pullback again to low 0.6$ - 0.5$ (buy back zone if market provides)
Invalidation: Weekly support must hold to remain bullish
FTM Long Spot Position (200-day EMA Flip)Market Context: FTM is attempting to hold the $0.50 buy zone as a higher low while flipping the 200-day EMA from resistance into support, creating a promising setup for an upward move with a strong risk-to-reward ratio.
Trade Setup:
Entry: Around the $0.50 zone.
Take Profit:
First target: $0.82
Second target: $1.10
Third target: $1.66
Stop Loss: Daily close below $0.36.
This trade aims to capitalize on the higher low and potential EMA flip for the next leg up. #FTM #EMA
FANTOM (FTM) Don't Miss Out: The Bullish Outlook for Q4!Consider buying at 58c and 55c. UPCOM:FTM
This one has shown the following:
Flipped the macro level—bullish now
Weekly and monthly have fired bullish signals
Strong multiyear trend
Overall, this is one of the most exciting charts heading into Q4!
FTM Long Scalp Trade Round 2 (Limit Order)Looks like FTM is very close to touching our 1H and 4H key level.
I'm going to place a limit order here for another round up. It may or may not hit the price so you can adjust it accordingly.
Entry Price: 0.6657
(You can sent the entry a little early if you can afford taking the wider SL.)
SL: 0.6566
(Manage your risk accordingly)
We will keep the same price targets:
TP1: 0.6924
TP2: 0.7149
TP3: 0.7330
This will be a risky trade and will depend on BTC's momentum. But in my opinion, I'm predicting BTC to move sideways for a few days so will just be scalping.
Let's see if the limit order hits.
Good luck and happy Trading!
Note: This is not a financial advise. Just for education and personal growth as a trader. Do your own research.
FTM Long Scalp OpportunityFTM sort of pumped while I was typing this up, but FTM seems to be retesting the 1 Hour and 4 Hour key demand zone and looks good for a long opportunity. to the next supply zone.
We see that previously it has bounced off of these levels and getting a strong buy support.
Entry Price: 0.6724
SL: 0.6610
TP1: 0.6924
TP2: 0.7149
TP3: 0.7330
Some price action will also depend on BTC moves, so manage your risks accordingly.
Good luck and happy trading!
FTM TRADE IDEA EXPLAINEDFTM/USDT is in bullish trend because its lows are protected as marked on the chart. After protecting lows price pumped and did clean BOS. As price has done BOS then we have to find order block and FVG in the leg which caused BOS. I have marked a demand area which was supply and now turned into bullish that's why taking first entry at the area with FVG and will do DCA below marked DCA zone.