FTMUSD trade ideas
FTM. Dancing over the abyss.FTM is at the bottom of the global ascending channel. If there is a breakdown and retest, then the price will go to the levels of 2020. At a time when Andre Cronje may not have even thought about making million on DeFi during the 2021 bull cycle.
FTM primedAs you can see FTM has had 2 accumulation phases which stretch from June-October, its a perfect time to start accumulating with low leverage/spot before it pushes towards the local supply.
We are currently seeing similar pattern on a few different alts in the market, now that the majority of retail trades are staying on the sidelines until the market turns bull. This gives us an opportunity to dca in and have a very low entry.
Stay safe and remember let the reddit trades get emotional while we stay cool and trust the process!
long ftmlooking like a decent punt here soon, start accumulating at these previous lows and ride it back to the hights, alot of coins look like this
FTM on the hourly showes a breakout upword. FTM on the hourly showes a breakout upword. This is all dependant on BTC of course and right now its on the move. If BTC breaks up this can recover to the $0.30's very fast. Currently FTM sits above the 200 SMA on the hourly. Thats very bullish.
FTM - Fantom - ghosts of Andre / pick your poison degensFTM - Fantom - ghosts of Andre / pick your poison degens
Last idea attached was range prediction which worked out well, just needed to be stretched out a bit but hey same shit.
THIS IDEA:
option 1 ; yay
option 2 ; poo + extra poo maybe
option 3 ; poo + extra mega poo (not on chart but its like -8373738%
i even put the fractals on for your viewing pleasure.
I have no idea which fractal plays but i feel like one of them will. note the option 1 CMF looks very similar, where as option 2 not so much. RSI could play both ways but option 1 looks a bit better.
Invalidation levels are quite clear ; id play it on a macro scale to those.
note; if option 1 is a go then interestingly avax ran a few days earlier for its first pump. so maybe the nifty move is to all in avax, get that pump to last high, then go all in ftm. ill be trying that anyway if option 1 seems likely.
then again maybe we are in completely uncharted waters and this thing does something novel. theres a good chance of that too. i just use fractals to try and give me some bearing not read the future. that said they often play out very well (until they suddenly don't).
my theory on that is the market makers algos basically run the same programs to fleece the noob leveraged degens
might do a avax chart but this is prob my last until we see where this ship is headed. should find out very soon.
gl
FTMUSD (4H) - Bearish breakoutHi Traders
FTMUSD (4H Timeframe)
The market is in a downtrend, and we are waiting for an entry signal to go SHORT below the 0.2374 support level. Only the upward break of 0.2542 would cancel the bearish scenario.
Trade details
Entry: 0.2374
Stop loss: 0.2542
Take profit 1: 0.2270
Take profit 2: 0.2105
Score: 7
Strategy: Bearish breakout
Fantom (FTM) - macro bearish divergenceOn the above 1-day chart price action has appreciated by 2000% in less than 6 months! Astonishing. A number of reasons now exist to be bearish, including:
1) The confirmed bearish head and shoulders pattern with neckline break. Expect a back test.
2) The ‘pi cycle top’ alert.
3) Numerous oscillators are printing bearish divergence with price action.
4) Lastly on the weekly chart (below) price action prints a significant bearish divergence between price action and the RSI.
Is it possible price action prints a new all time high? Sure.
Is it probable? No.
Trade is void with a break of $3.20.
Good luck!
WW
weekly bearish divergence
FTM in an ascending harmonic patternFTM is in a strategic position and an ascending harmonic pattern. A buy signal has not yet been issued in the daily time frame. It is better to be fully monitored.
FTM Idea on FTM . I think we are in the process of bulltrapping some market participants and expect this to retest the recent low set in June. I do expect the current move to go higher before falling off, but after the run by fantom, this will need some serious consolidation before it can go on a serious next leg up. That's just my opinion though. The drawing are an approximation of what I could see fantom doing for the next few months.
illustration-downtrendWe have here the breakout with force the vwap and the support line so we have a downtrend.Thanks.
AnalysisAs you see on the chart we are in an uptrend. But we can have a continuation of uptrend if we have the breakout with force the resistance line by a big green candle with a large volume. In other hand, we will have a big probability of a downtrend if we have the breakout with force the vwap indicator and also the support line by a big red candle with a large volume.Thanks.
hello guys today must buy ftm. <33$ftm - Fantom - things are about to get silly in the market - expect $ftm to pop quickly - be smart - do not blame the chain - this is manipulation. Anything above .90 in this market condition is a sell - take profits where possible. dont forgt stop loss and dont gt rekt
FTM I created these levels to focus on for this entire trend. Created movements in the frame behind if you scroll u will see certain levels of focus as we pass them. We are in the base accumulation range in this box lower focus. Watch the breakout of the accumulation zone to run up to retest the top ranges in the next cycle
FTMI expect to achieve the above goals on a daily basis over the next few days. I am quite sure about this because I tracked all the times especially 4 hours and 1 day.
But on a weekly basis, the situation is quite complicated, it may find resistance at the 0.37 level and turn bearish.
FTMUSD Rising Wedge Break BINANCE:FTMUSD
Volume profiles show resistance could not be broken
Rising Downward Velocity
MACD Signal Down
Weis Wave Volume decreasing
Over extended rising wedge break abt 75% vs 64%
Price Objective back to longer term trend line.
FTM; we MAY have hit a new range bottomFTM; we MAY have hit a new range bottom
got my beady eye on this mofo
maybeeeeee range bottom here; looks very similar RSI pattern wise. would make quite a bit of sense to get some relief soon after all this bloodshed and misery that has been inflicted.
im quite hung over so thats it.
ps ; read Arthurs latest blog article. VERY good imo.
FTM the long play just a long term view on FTM even with price drops it has stayed in its long term up trend plus good ecosystem that's growing more n more
FTMUSD (W)BINANCE:FTMUSD
Everything depends on the Total Market Cap, which I published an analysis of earlier. If the market cap stabilizes above the red resistance (in the analysis I have published) and does not return below it, we can expect the FTM price to grow to ranges such as $0.91, $1 and also $4 and $10 in the longer term. If the market cap does not go according to my analysis, we can expect FTM to exit its channel to a range like $0.183, $0.153 and below. Be sure to check the Total Market Cap chart.
(This is just a personal idea. Don't just make a decision based on this opinion).
