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FTMUSDT trade ideas

Impressive Rally Continues**Title: FTM/USDT Price Analysis: Impressive Rally Continues with Wave 3 Surging to 0.2511** **Date: July 26, 2023** In the latest developments for FTM/USDT, the digital asset has been showcasing remarkable bullish momentum, further solidifying its upward trajectory. A series of well-defined waves has been observed, with the 3rd wave reaching an impressive high of 0.2511. **1st Wave (July 26, 2023 - 0.2344):** The initial wave surged to 0.2344, setting a promising tone for the FTM/USDT pair. **2nd Wave (Correction - July 26, 2023 - 0.2319):** Following the first wave, a correction took place, dipping to 0.2319. Corrections are a common aspect of market cycles and serve to balance the price action. **Wave 3 (Continued Impulse - July 26, 2023 - 0.2511):** Defying expectations, the 3rd wave experienced a significant surge, climbing to an impressive height of 0.2511. This dynamic price movement indicates strong bullish sentiment among traders. **Wave 4 (Correction - July 26, 2023 - 0.2405):** As expected, a correction followed the surge in the 3rd wave, leading to a temporary dip to 0.2405. Such corrections are normal in a trending market. **Current Price (As of July 26, 2023 - 0.2458):** The FTM/USDT pair currently stands at 0.2458, showing resilience despite the correction. **Wave 5: (Trending Direction - Yet to Unfold):** As of the current analysis, the direction of the 5th wave is yet to be determined. Market participants and analysts are closely monitoring price action to gauge the potential of a continuation or reversal. **Conclusion:** FTM/USDT's performance has been remarkably bullish, showcasing impressive upward momentum with significant gains. The price action has been characterized by well-defined waves, indicating a structured and bullish market sentiment. However, traders should exercise caution and closely monitor the trend's development before making any trading decisions. **Sentiment:** The overall sentiment surrounding FTM/USDT remains optimistic, driven by the positive price movements in the recent waves. The strong surge in the 3rd wave has bolstered confidence among traders, but the market remains cautious due to potential volatility and corrections. Market participants are advised to employ prudent risk management strategies and conduct thorough analysis before taking any significant positions.
Long
by WaveElliot
FANTOM TRENDFTM has lost most of its momentum to the bears after reaching an ATH of 0.65 this year and is now struggling to keep up with 0.23. Ftm is currently at the bottom in a downtrend where it has gained a little momentum and will be testing the various resistance zone at; 1.) 0.2750 which is the midway of the trend 2.) 0.2870 which is the resistance zone 3.) 0.3 which is the top of the trend It is like that FTM may continue in this trend and fall to the major support zone at 0.18 GOD LOVES
Long
by DC_X
FTM S&R in short and mid term>>>>> I Have Tried My Best to Bring the best Possible outcome in this Chart. Based on the movement's and correction on FTM (Daily-T) chart and by examine other index's, FTM still need more correct till show some serious support and inject huge valume of fresh money to The downward price structure can be broken and changed at this point. All important area's in short term marked on the chart. (classick pattern/harmonic/supply and demand/candlstick pattern..) It's Not a financial advise. PLZ DYOR With hopping success>>>
by imanff
FTM (Fantom) Possible Playout Chart FTM (Fantom) price is predicted to have a significant potential for an increase. This is based on the confirmation of a strong bounce back with an increase in candlestick. The prediction suggests that in the short term, possibly within this week, FTM may reach its resistance area at the Moving Average 100, which is priced at $0.2684, with a potential profit of 4.57%. Additionally, there are indications of significant demand as the transaction volume has increased by more than 47.7% according to coinmarketcap, with a daily transaction volume of $53,404,045. However, it is essential to conduct your own research (DYOR - Do Your Own Research) before making any investment decisions.
Long
by Cozybanana78