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FTMUSDT

FTMUSDT long Spot TradeFTMUSDT Elliott Wave Technical Analysis Mode: impulse Position: Wave (4) Direction: Wave (4) is still in play Details: Wave (4) is still in play which I expected to be end around 0.81-0.74 which will be my entry point. Next Direction: Wave (5) Target : the area between 1.41-1.48 with 80% profit Wave Cancel invalid level: Daily closing below 5.6 with 30% loss, it is a little big stop loss, but FTM proved that it was not greatly affected by the declines of Bitcoin in the past months, which gives it high reliability, in my opinion Disclaimer: This analysis is intended for educational and informational purposes only and should not be construed as financial advice. Always conduct your own due diligence and consult with a professional financial advisor before making investment decisions.
Long
by ahmadsaad83
FTMUSDT.1DUpon analyzing the daily chart for FTM/USDT, several key technical elements provide a detailed view of the current market dynamics and potential future movements. Technical Analysis Observations: Support and Resistance Levels (S1, R1, R2): Support Level 1 (S1): At approximately $0.2958, this level has been significant in providing a floor for the price action. Its strength as a support level will be tested if the price continues to decline. Resistance Level 1 (R1): Positioned at $0.4435, this level represents the immediate resistance. Overcoming this level could indicate the beginning of a bullish correction. Resistance Level 2 (R2): Located at $0.6066, this higher resistance level would be the next target in a sustained bullish movement. Trend Indicators: The downward trend indicated by the red trendline shows a bearish dominance in recent price action. The green arrow suggests a possible reversal if the price can break above this trendline. The overall trend has been bearish, with consistent lower highs and lower lows. RSI (Relative Strength Index): The RSI is at 37.79, which is close to the oversold territory. This indicates that the selling pressure might be overextended, and a reversal or consolidation phase could be imminent. MACD (Moving Average Convergence Divergence): The MACD lines are below the signal line, and the histogram is negative, indicating continued bearish momentum. However, the flattening of the MACD lines suggests a potential slowdown in bearish momentum. Conclusion: The FTM/USDT pair is currently navigating near a critical support level at $0.2958. The proximity of the RSI to oversold levels indicates that a potential rebound could be on the horizon. However, the bearish sentiment confirmed by the MACD suggests caution. Potential trading strategies could include waiting for a clear breakout above the downward trendline (R1) with confirmation from volume and other indicators like a bullish MACD crossover. A successful breakout above $0.4435 could target the next resistance at $0.6066. On the downside, a break below $0.2958 would suggest further declines, and traders should monitor for new support levels. As always, implementing risk management strategies such as setting stop-loss orders just below support levels and taking profit near resistance levels can help mitigate potential risks and optimize gains. Monitoring market conditions and external factors that could influence price movements is also essential.
by MarsSignals
FTM roadmapFrom where we put a red arrow on the chart, the price has entered the correction phase. It seems to be at the beginning of wave C now. The larger pattern can be a flat, triangle or diametric. We have a resistance swap on the chart that whenever the price reaches this swap, we expect downward rejection. The green range is a very strong support range that we will look for buy/long positions whenever the price reaches it. Closing a daily candle below the invalidation level will violate the analysis 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
by behdark
3
+500% Profit Target for FTM Long Trade#FTM/USDT #Analysis Description --------------------------------------------------------------- + Price has hit the support line and holding strong in the support line. + Price is expected to bounce back from this support line, if the support breaks then next support is expected to hold strong. + Im entering a long trade with low leverage --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 0.5628 Stop Loss: 0.2946 ------------------------------ Target 1: 0.6741 Target 2: 0.8513 Target 3: 1.1139 Target 4: 1.3869 Target 5: 1.8470 Target 6: 2.5392 Target 7: 3.3576 ------------------------------ Timeframe: 1W Capital Risk: 1-2% of trading amount Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
2
Fantom — Nice Bounce & Bollinger Bands Signal — High Probability Fantom is one of the coins you should examine closely today. The token had a massive bounce after today's sell-off and performed strongly. FTM equalized the losses at the time of writing and is up almost 3%. Moreover, Fantom flashed a bullish Bollinger Bands signal on the 4H chart. In this case, backtests show extraordinary results, achieving 2% and 5% gains. However, if FTM continues to perform it could even go much higher since the next resistance sits at $0.65 — resulting in gains of ~15%. Nevertheless, using 5% as a first profit target might be a good idea.
Long
by ben_walther
Fantom FTM price will show good growth?#FTM is a coin with a history, which is probably why it is still relatively well "held" compared to other altcoins. Now, the A-B-C correction is probably coming to an end and the price has entered the liquidity zone. Therefore, if you are holding it, continue to do so, because there is a chance of growth, at least to $1.79. 1️⃣ If you believe in the #Fantom project and see prospects in it and want to buy it, you can safely place pending limit orders in the range of $0.36-0.42 and forget about them for a while. 2️⃣ Or you can closely monitor the behavior of the #FTMUSDT price in the current price range. It depends on how much time, nerves, and enthusiasm you have) _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
4
FTMUSDT Poised for a Rebound or a Breakdown? Key Levels to WatchYello! Do you feel the tension building up in the FTMUSDT market? Let’s dive into the current setup and see what might unfold next. 💎 FTM is currently moving within a descending channel pattern, eyeing a potential move towards the Bullish Order Block (OB) area. If the price action forms a bullish candle rejection here, it could signal a rebound. We might then see a test of the resistance level at $0.771. This level is crucial; a successful breakout above it could trigger bullish momentum, possibly leading to a significant upward movement. Key Levels to Watch: - Resistance Area: $0.771: A breakout here could pave the way for further gains. - Bullish OB Area: $0.64: Watch for bullish candle rejections as a sign of potential rebound. - Demand Area: $0.55 - $0.482: Historically, this zone has shown strong buyer pressure. A return to this zone could see similar buying interest. 💎 However, if FTM fails to show strength in the Bullish OB area around $0.64, it might signal further declines. The price could then head towards the Demand area between $0.55 and $0.482. 💎 This zone has previously exhibited strong buying interest, often marked by candle wicks indicating buyer pressure. Should FTM return to this zone, a rebound is possible, pushing the price back towards our target areas. Potential Scenarios: - Bullish Scenario: A strong rebound from the Bullish OB area leading to a test and potential breakout of the $0.771 resistance. - Bearish Scenario: A failure to show positive signs at the $0.64 level, leading to a move towards the Demand area. If the price fails to rebound here and instead goes sideways with low volume, it could break this area, invalidating the bullish outlook and leading to further declines. Stay alert, Paradisers. The next moves in FTMUSDT could present both opportunities and risks. 🎖If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest probability trading opportunities. Trade smart and stay disciplined!
Long
by MyCryptoParadise_Nathan
1
These ALTS can still EXPLODE - ALTSEASON 2.0Missed the rallies? Don't worry! Here's a list of alts that still has BIG UPSIDE Potential! 1) CROUSDT / OKX:CROUSDT 2) LINK / BINANCE:LINKUSDT LINK is 53% from the FIRST TP point... and still an incredible amount of upside beyond this point: 3) MATIC / BINANCE:MATICUSDT MATIC is about to retest a very important support zone for the third time, and a triple bottom would be significantly bullish (IF it holds): 4) Fantom / BINANCE:FTMUSDT FTM seems bearish for the short term, but it's over 400% away from the previous ATH! There great upside potential her is you have some patience. I'd be looking to buy in the yellow zone: 5) Litecoin / BINANCE:LTCUSDT And last but not least, Litecoin as seen on the front chart. LTC is about to re-enter the accumulation zone, where it normally doesn't stay long - it could consolidate here for some time, but upside is usually the next logical step after Litecoin enters the accumulation zone. Again, you may need some patience but if you're willing to hold you could score big time on these altcoins! _______________________________
Long
by CryptoCheck-
Fantom gold signal#Phantom price has maintained the support level of $0.7700 to $0.8200. After reaching the uptrend line, it went through wave 1 and has now completed its correction. After consolidating in a range and correction, the price could start wave 2 and now reach the $1.0300 target from these areas. Considering the strong potential of this project, both technically and fundamentally, very good prices can be predicted for it. Technical indicators have also shown strong upward divergence
Long
by babyrichcrypto