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FTMUSDT

FTM trading inside of a Triangle The price of an asset moves within a narrowing range over time, forming a shape that resembles a triangle. Given the possibility of a breakout in either direction, one trading strategy is to wait for a clear break of the triangle pattern in either direction before entering a position. This could be done by setting up buy and sell orders on both sides of the triangle, with stops and limits placed accordingly to manage risk. It's worth noting that trading within a triangle pattern can be risky, as there's no guarantee that the breakout will occur in either direction or that it will be sustained. Therefore, traders should use proper risk management techniques and be prepared to adjust their positions quickly if the market conditions change.
BINANCE:FTMUSD.P
by PavlOK
✴️ Fantom Has So Much More To Give (260% This Wave)Here is another one that looks pretty good. We looked at FETUSDT and we see the exact same pattern, the exact same chart but this one is lagging a bit behind, which is good because it means that it will go up next. What one does, the rest follows. Here FTMUSDT (Fantom) is set to grow now that the correction is over, notice the Doji last week. All the signals are 100% bullish. ✔️ The current candle trades above EMA100. ✔️ The MACD is bullish with plenty of room available for additional growth. ✔️ The RSI is really strong. We can see 260% happen on this current wave but there can be more of course, long-term. This is all only the beginning. The Cryptocurrency market will grow for years to come. Higher highs and higher lows. Namaste.
Long
by AlanSantana
4
$FTM - Odin Zone$FTM - Odin Zone. So the first thing I want us to notice here is the FSS doing pretty good on this timeframe. Even the second buy signal during the drop yielded 13% upside. In a previous iteration of this chart, the .618 zone barely gave any resistance to the drop. It led me to believe, that we might have had a full run here (12345). After adjusting the fibs, we see that the golden pocket held much better, with just a small few wicks under the pocket. As a result, I moved my original Odin zone to favor a lower entry at the new .786 point. The waves are ever evolving as we chart them. As Elliottists, we must be constantly updating what we see to reflect the new price action. But in general FTM always makes great looking, textbook waves, which is why it is one of my favourite coins to look at on a consistent basis.
Long
by FlokiCrypto
FTM SHORT trade IDEA Hello, due to a lack of volume in the market I haven't been posting as many updates in coins although we are still looking for opportunities everyday. Analysis: In our previous LONG trade, we long from 0.35 to 0.53 netting a 51.93% profit. Our target was the #3 possible breakout on the white resistance line. However, we have been struggling to break past the resistance and are looking likely for a due correction to 0.38-0.41 level (green box). Target: 0.39-0.41 Stop loss: 0.47 (break above ) Timeframe: 1D
Short
by CryptoGao1