FTM
FTM USDT Who said you have to believe me...?It might be a year ago, but the algorithms don't forget their targets haha. If it's cheap they'll have it!
FTM Analysis - How Low Can It Go?Hello Traders!
This analysis for FTM was done at the request of one of our members. I was actually quite Bullish on this crypto last year long before the leader left and chaos ensued.
So where is price headed?
- To be brutally honest... This is one of the worst charts that I've seen in a while. I can't find a single Bullish indicator anywhere on the chart. I actually think FTM could be trading around 0.20 or less by the end of the year and I'm serious about this.
- In the short term I would like to say I think it could bounce considering it's at a support level and has come into this level quick (indicator of potential bounce) but this crypto has underperformed so much that even when a bounce setup occurs it blast through the level and continues lower.
***I really don't have much to say regarding this crypto, if it was me I wouldn't put a single penny into FTM. It's done nothing but trade down with the exception of a couple bounces but aside from that this has got to be one of the worst performing coins in Cryptoland.
- For anyone holding FTM, I'm not trying to be abrasive, I'm just giving my honest opinion.
***I suppose you could short FTM but I would caution against shorting period unless you are experienced.
***Let me finish by saying this...
- If you are HODL'er of FTM, I would think very carefully about your plans for this crypto. The probabilities of you continuing to lose money with FTM are VERY high especially considering BTC is projected to hit $20K in the coming months.
- Personally I learned the hard way and had liquidated my account on several occasions when I first started trading. I left my money in cryptos like ADA, holding on because my emotions told me to. There was no logical reason to it, the charts said otherwise but I was attached to it and couldn't bare taking that size of a hit. In the end I lost all the money invested and learned the lesson of what happens when you allow your emotions to dictate your trading decisions.
- Lastly, I don't know if anyone reading is in this particular situation, but either way it's a good lesson to be learned. Charts like FTM will undue months if not years of work saving money to invest.
That's all, thank you everyone and best of luck trading!
FTM UPDATE📊 $FTM UPDATE 📊
Currency Pair: $FTM/USDT ✅
Direction: Long Term
Position Size: 10%
Risk: Medium
Expected Price: 0.8899 to 1.0894
Breakeven Point: 0.6556
FTM ANALYSISOn daily timeframe chart is forming a "descending parallel channel"
If the candle closes below the major support zone of $0.74 then price will reach the weekly support zone of $0.5.
Wait for breakout of the resistance trendline of the parallel channel or touch to weekly support zone to build a position.
FTMUSDT FTM below the $1 support.
I'm bearish and expect price to go down to $0.5 region before a pullback
FTM/USDT ChartHi, I try to post often so if you could follow and like it would mean a lot to me.*
FTM has been droping for a while and it can drop even more. However with the low volume that is going on any trade is welcome. FTM is undervalued in the 1D chart and in the 4H chart so I am preety confident that in the short/mid term the coin will perform well. I don't think that FTM will run again so this is just based a lower time frame trade. MACD is also looking strong. I expect higher volume in the next hours so don't miss on this long oportunity. Be careful and don't trade with high leverage. Comment what you think.
* Its been a while since my last post and I apologise for that. I have been really busy in the past weeks and my next 2 months will be exactly the same. I didn't spend enough time to research for ideas that I think that are worth posting and with low volume trading became even harder. I will try to stream every friday but I can't promise anything. I am truly sorry and when I can I will make a huge comeback for sure
FTM DCA for long term profitsFtm is a hotcoin back in days but it fallen so hard even the stoch rsi remained oversold for many days. It is time to dca ftm
BEARISH SETUP ON FTM 30/04/2022 !!!!!!!!!!!!Crypto is struggling to break through key areas to flip the sentiment to bullish.
I follow what I can see on the charts and not the noise (hype) on platforms such as twitter and YouTube. (seeing is believing)
Bearish conditions means bearish confluences and we saw this on FTM a couple of days ago,
we had break of support and retest on the 25/04/2022
Bearish Rectangle formed
Increase in Bearish Volume
Rejection off the 50EMA
Rallie Candle at Resistance of Range on 1H
Using the Fib Extension tool from a local swing high - swing low - end of rallie, we ended up taking 15% from this trade (no leverage)
FTMUSDT BUYING ZONEI will buying ftm in the green zone with 2 entries.
First entry 40% and second 60%.
Ftm trading in a big range!I really didn't think a dip like this would occur.. but it did. And now i see the best trading opportunity here for FTM! It is on a big support that used to be strong resistance before and i doubt it breaks to the downside! But if it does, then it breaks its last support it has. It literally has no other supports down there... so i would definitely take this trade right here right now. I will take profit at 1.3 on this trade since that's a resistance. If you want, you can keep it open for higher targets like 1.5 or 2.
Leverage: x4
Stoploss: 0.87
Take profits: 1.3
FTM done correcting? FTM corrected 54% after the Supertrend Ninja - Clean signal on the 25th Jan (red vertical line on the background).
FTM is currently on a support level. The Stoch RSI is in oversold levels, but it hasn't crossed up to the blue area yet. Also the price is below the Ichimoku cloud, which is bearish. The RSI and Constance Brown is in oversold area as well. If FTM bounces here, we will have a bullish divergence confirmed for the RSI. A few more days will give us some more clarity.
Bouncing up here 1.30 USDT is the next target. Dropping here 0.73 USDT is the next target. 0.59 USDT thereafter. The Supertrend Ninja - Clean tends hasn't given a bullish signal for the time being (green vertical line on the background). Supports and Resistances are highlighted as grey blocks.
Thank you for reading.
Namasté 🙏
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
im going to buy FTM herewe have a good support and a bullish divergence on RSI .
Im goig to buy FTM here and add more on breakout.
FTM | Fantom further downside expectedShould FTM not be able to reclaim the $1.00 level, I could see it dipping towards the next area of support at the $0.48 - 0.6 levels.
However, if we should have overall favorable conditions, I could see it correcting from its current downtrend towards the MA50 and/or its main resistance trend line, before retesting $1.00 again and falling below towards the indicated area of support.
For now I like to wait on the sidelines until I see a clear direction for either case. If you have question, feel free to ask.
Let's see how this plays out.
Thanks for your support.
Have a good one.
FTM pivotal pointRight now is a pivotal point in fantom's chart. One last support is available before ultimate capitulation and a dreadful crash.
FTM Expected RunFTM is been in a bear trend for many weeks now. Expected a shark formation on it with target of about 1.95
FTMUSDT - WEEKLY SETUPFTMUSDT price has finally touched the EMA 100 almost the first time after aggressively moving and printing an ATH. So, This point will not be an easy road to cross for the Bears. Although it's a very High time frame which is weekly, the effect will trickle down towards a short timeframe definitely. So for FTM upcoming sessions could be very interesting. Buy on every Dip will be a suitable strategy.
FTM how about this possible move?How about this possible move for FTM. As ever, relies on bitcoin behaving.
Similar setup on ALICE coin which i will also post.
FTM/BTC @ support on higher time frame.
Fantom - bear flag or wedge??!Hello everyone
In past couple of days, in FTMUSDT ,the price been in a range between support level of 1.08$ and resistance level of 1.20$, which shows a bear flag structure but in my opinion with a less likelihood of going lower; because we have a wedge formation on weekly time frame( what you see on higher time frame IS more reliable).
With that been said,I presume we will be able to witness the price breakout from this level and reaches 1.31$ ( more likely),or on the bad,side we will see the price breakout of 1.08$ and touches the 0.97$ level (less likely)
