FANTOMHello, i think we are now in a wave 4 going down. Looks like a triangle playing out now wich will bring us down to finish the wave 4 and then enter the wave 5. Les see how this plays out.
FTMUSDT trade ideas
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 start shorting#FTM starts to show the signals for the beginning of the short position, first target $0.66 and second major target at $0.53.
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
FTMUSDT.1DReviewing the daily FTM/USDT chart, it’s apparent that Fantom has been navigating a complex market landscape, marked by significant fluctuations. The graph reveals a price pattern navigating within a descending channel, though recent activities suggest a bullish rebound.
As of now, FTM is trading at approximately $0.7049. Notably, it faces immediate resistance at $0.8707 (R1). Overcoming this resistance could signal stronger bullish momentum possibly propelling the price towards the upper boundary of the descending channel. On the downside, support levels are observed at $0.5214 (S1) and a lower secondary line (S2) that serves as a critical point to watch if the bearish pressure resumes.
The Stochastic RSI, currently at 32.39, suggests that the price is nearing oversold conditions, which may indicate a potential for a price increase if buyers step in around these levels. Concurrently, the MACD presents a bullish crossover above the signal line and a positive histogram, implying growing bullish momentum.
Considering these insights, if FTM maintains support above S1, and especially if it continues to uphold the positive momentum as indicated by the MACD, it could attempt to challenge the resistance at R1 soon. A break above R1 would be significant and could lead to a test of higher resistance levels, possibly reaching towards the top of the descending channel.
For traders considering entry points, setting a stop-loss near S1 could be prudent to manage potential downside risks effectively. Observing the volume accompanying any upward movements would be crucial to confirm the strength behind potential bullish advances. Moreover, staying updated with broader market sentiment and any specific news relating to Fantom will be vital, as external factors could significantly impact price dynamics in this volatile market.
FTM potential mid/long term view FTM / USDT
Fantom is trying to print huge I H&S on HTF which is great bullish pattern if completed
If my plan succeeds and the pattern is completed …the right shoulder is located between 1.2$ -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
Broke Down out of a Rising WedgeI am in a short on FTM because of the breakdown of a rising wedge pattern on the 4h chart. How long can it go?
Will depend on how far BTC and ETH can dump the rest of this week.
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
FTM TRADE IDEAFTMUSDT is forming a very eye catching setup as you can see on the chart. Creating Trendline liquidity to trap trendline traders and also created SSL above DEMAND ZONE. We will enter long from marked demand zone.
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!
FANTOM Trend Reveral Looking for a trend reversal continuation on FANTOM based off the inverse head and shoulder with the break of the trend line.
FTMUSD_2Hhello
Analysis and direct phantom signal Buy trading position At least 0.5777 Margin 0.8333
⚠️The significant number is 0.6000
Alikze »» FTM | Wave 5 correction - 1H🔍 Technical analysis: Wave 5 correction - 1H
- According to the analysis presented in the previous post , in the weekly time frame, the first target has been the neckline, which was the supply area.
- Currently, in the 1H time frame, after breaking the zone, a correction pattern is being formed.
- Wave 4 correction in the range of the green box has formed a continuing downward pattern.
- This corrective wave is in the form of wave 4 in an ascending channel, which by breaking it to the specified areas, this corrective cycle can be extended.
Therefore, this wave can meet the demand after touching the specified areas and form an upward corrective cycle, which should be reviewed and updated.
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BINANCE:FTMUSDT
If we dump down out of this pennantWhen we dump out of this shortly which I assume we will, you can say bye bye to FTM and all your bullish plans. Short now while you can.
Really crushing on my AAVE short rn I might add.
Thanks for watching!
FTM/USDT Buy SetupFTM/USDT is consolidating at 0.6060 support, signaling a potential bullish reversal. Targeting 0.7328 with a stop below support.
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!
Haven't been monitoring, just glanced.. I'd short if impulsedIf FTM continues to run and happens to reach this in the next 24 hours, I'll be heavily considering a short play given the context of what's going on in the market right now.
FTM - 2022 Again?Potential similar scenario as 2022
FTM pumping on bearish days, just seemed to never be stopped back in 2022.
Altcoin season approaching history repeat itself...
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.
Short on $FTMLittle and quick short on FTM before the great jump high in a couple of weeks.
If you leverage, 10x from now to approximately 0.54
FTM: The prospect of increasing?BINANCE:FTMUSDT
As you can see, FTM has created an ascending head and shoulders and is also located in the megaphone, which means that if it breaks, we expect the price to reach the target (AB=CD).
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!
FTMUSDT.1Dreviewing the FTM/USDT daily chart, I've noted several key technical elements that shape my current analysis and trading strategy. The chart reveals a consistent uptrend characterized by a rising support trendline since the low around $0.2575. This uptrend suggests a solid bullish sentiment in the market.
The price of FTM is currently near a pivotal point, having recently rebounded off the support trendline. Resistance levels R1 ($0.7903) and R2 ($1.0338) are critical for determining FTM's ability to continue this uptrend. The next major test for the market will be at R1, which previously acted as both support and resistance, indicating its significance.
Support levels are also crucial in my analysis, particularly S2 ($0.5253) and S3 ($0.2575), which serve as potential fallback points if the price retraces. The ability of these supports to hold will be essential in maintaining the bullish case for FTM.
From an indicator perspective, the Stochastic RSI suggests the market might be approaching overbought territory, indicating a possible slowdown or reversal in the short term. However, the MACD is still above its signal line, which supports the overall bullish trend.
Considering these factors, my strategy includes taking a cautious approach to entering new long positions at current levels. I plan to closely watch how the price behaves near R1 and use a break above this level with significant volume as a confirmation to add to my positions, targeting R2. Simultaneously, I will set stop-loss orders just below S2 to protect against potential downturns.
