about 140%Trendline is broken for a sharp trend.
After whole breakout take long .
Don't forget a great DIVERGENCE .
FTMUSDT.P trade ideas
FTM - Ranges overview (extra) Here is a look into smaller time frames of the ranges overview on FTM.
The current range is pretty clear and so are the deviations (highs and lows capping the current trading range).
The current range can be an easy plan for scalps and short term trades (no swings). We are still range bound until proven otherwise so let's wait for a confirmation of the market.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
FTM - Ranges overview FTM is currently heading towards its highs so let's see how we work further from there.
The overall plan will of course depend on BTC and how it wants to move further. Wouldn't be interested in taking any trades around these levels and would prefer to wait for us to trade around the extremities of the range.
IF we break and hold the highs expect some further move to the upside.
IF we fail to reclaim we should revisit the downside and most likely the lows IF BTC decides to give in.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
FTM → Fantom Blasts to $0.43 Weekly 200EMA! Will We Reverse!?Fantom had an excellent breakout of the previous resistance zones at $0.34 and $0.37 per my previous analysis. If you longed the suggested trade, you achieved a 1:3 Risk/Reward Ratio! What are the next moves now that we've hit the Weekly 200EMA?
How do we trade this? 🤔
Fantom is red hot to the upside making contact with the Weekly 200EMA, an expected resistance area. The Weekly candle closes in 1 day and 1 Hour, we need to see where the candle closes and what the next Daily candles show us. The RSI is at 70.00, most Crypto tokens are running hot and have hit some major resistance levels with their RSIs high as well. That includes Bitcoin, Ethereum, Cardano, the list goes on.
I think we're in for a decent retrace to let the market cool off. This could be the first bull leg up in the next bull run, signaling that the macro trend on the market is committing to the upside. However, I believe Bitcoin needs to take one more dip to $25,000 before new all-time highs, and the rest of the Crypto market will likely be dragged down with it.
Look for a pull back to the Weekly 30EMA and a strong bull signal and confirmation of Support. If we see a good Weekly candle closing on or near its high after a signal, a long position is reasonable. Now this long could be played many ways between the Daily and Weekly timeframe, I'm suggesting the following as a conservative measure and assuming the Alt market doesn't see previous all-time highs.
Long the $0.325 area, set a stop loss below the (so far) reliable $0.165 Weekly Support, and a few Take Profit areas. Take 1:1 Risk/Reward with half of your position at $0.50 and move your stop up to the entry price, then 1:3 R/R at $0.85 with half of your remaining position, then swing the remainder to 1:7 R/R. A reasonable area at $1.55 (2021 Left and Right Shoulders), but I wouldn't argue against letting it ride longer if the conditions are correct. It's too far out to speculate on the price action.
This is a multi-month trade that could go into 2025. More analysis will be coming for the lower timeframes!
💡 Trade Idea 💡
Long Entry: $0.325
🟥 Stop Loss: $0.150
✅ Take Profit #1: $0.500
✅ Take Profit #2: $0.850
✅ Take Profit #3: $1.55
⚖️ Risk/Reward Ratio: 1:7
🔑 Key Takeaways 🔑
1. Bullish Since Weekly Support - October 2023, Bias to Long.
2. Currently Touching Weekly 200EMA Resistance. Wait for Candle Close.
3. Wait for Weekly Candle to Close. If below 200EMA, expect Pullback.
4. RSI around 70.00, far above Moving Average. Supports Pullback.
5. Look for 1:3 Risk/Reward Opportunity. Swing Partial Position.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
Like 👍 and comment if you found this analysis useful!
FTM Fantom: Unveiling the Potential in a Ghostly Market!Hello Crypto Explorers! 👋 The FXProfessor here, diving into the spectral world of FTM Fantom. Let's decode the mysteries of this intriguing altcoin and chart a path through its ethereal market presence!
FTM Fantom's Current Pulse:
📈 Ghostly Gains: FTM is showing a spirited performance in the crypto realm.
🎯 Target Locked: Aiming for phantasmic heights in our trading journey.
Support and Resistance Levels:
🛑 Steady Support: Monitoring critical levels that underpin FTM's stability.
🚀 Ascending Further: Breaking key barriers could propel FTM to otherworldly gains.
Tactical Trading Steps:
🕵️♂️ Focus on the immediate targets, navigating each spectral wave with precision.
⚖️ Balance your moves with a deep understanding of the ghostly market dynamics.
Long-Term Vision:
🌠 Potential for supernatural returns as FTM challenges its spectral boundaries.
📊 Watch closely as we trace its ascent towards our long-awaited targets.
Strategic Approach:
🌟 Combine patience with keen market analysis to master the Fantom realm.
📝 Adapt to the ghostly fluctuations of the FTM market.
FXProfessor's Perspective:
🌐 FTM Fantom is more than just numbers; it's a digital enigma in the vast crypto universe.
👀 Stay tuned for continuous insights as we journey through Fantom's enigmatic path.
Trade with foresight, embrace the crypto mysteries, and let’s unravel the secrets of Fantom together! 💙
One Love,
The FXProfessor 💙
Remember not to FOMO..Just follow the levels
$FTM of Fantom Easily Reached To 1st TargetHi Friends
After breaking through the 50WMA resistance, Fantom ecosystem's valuable cryptocurrency, UPCOM:FTM , easily reached the first target and reached above the $0.4 level. Currently, 100WMA at the level of $0.5 is still considered the main resistance of UPCOM:FTM before reaching the important level of $1.
Therefore, if UPCOM:FTM can cross the 100WMA and register a weekly candle above the $0.5 level, the 3rd target and higher targets will be easily available before reaching $1.
More than 30% net profit has been made since my last update. Don't forget to save profit, avoid greed and do your own research.
"Like" & "Follow" if you want to see more of these ideas.
BJWise,
Goodluck
FTMUSDTtrade idea on ftmusdt, taking entry after price takes out inducement targeting the previous swing high for take profit and the swing low of the structure below the inducement for stoloss
Fantom is now trending - 0.5$ soonFTM is being accumulated by many Smart Traders. Next price maybe 0.5$+
FTM → Blast Off to $0.40!? Or Rejected to $0.20? Let's Answer.Fantom continues its bullish blast bouncing hard off of the 4HR 200EMA ribbon and then the 30EMA. We're now closing in on Resistance Zone #1 and need to know what the next trade move will be.
How do we trade this? 🤔
We're too close to the resistance zone to long and we don't yet have any indication that the price will reverse. Best to wait on the sidelines until 1 of 2 outcomes unfold:
1. Rejection at Resistance #1: Strong bear signal and confirmation bars closing on or near their lows. Short scalp a 1:1 with half of your position then swing the to 1:2. You could also swing until you see a reversal bar to the upside.
2. Breakout of Resistance #1: Wait for Resistance #1 to be broken and tested as support. Long that support and sell half your position at a 1:1 Risk/Reward Ratio then the rest at 1:3 or if the price fails at Resistance #2.
💡 Trade Ideas 💡
Long Entry: $0.355
🟥 Stop Loss: $0.345
✅ Take Profit #1: $0.365
✅ Take Profit #2: $0.385
⚖️ Risk/Reward Ratio: 1:3
Short Entry: $0.335
🟥 Stop Loss: $0.344
✅ Take Profit #1: $0.326
✅ Take Profit #2: $0.317
⚖️ Risk/Reward Ratio: 1:2
🔑 Key Takeaways 🔑
1. Bullish Macro Trend, Bias to Long!
2. Strong Support at 200EMA, Bias to Long.
3. Coming up on Resistance Zone #1, Wait to Enter.
4. If Rejected at Resistance #1, Short Scalp.
5. If Break Resistance #1, Long Support.
6. RSI at 63.00 and above Moving Average, Bias to Long.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
Like 👍 and comment if you found this analysis useful!
//\\ Charming FTM //\\Will we see the terrifying rise of the FTM and its ecosystem? The ecosystem updates are very interesting and you can see the climb on the weekly chart, is FTM close to the following numbers?
$2 ,
$3 ,
$5 ,
$6 ,
$9 ,
$12
Long-Term Analysis of Fantom (FTM) CoinIf FTM experiences a decline within the specified range of $0.2246 - $0.208 in the coin analysis, it may be considered for long-term investments. If it encounters strong buying reactions from the mentioned support range, the initial upward target is $0.357, with the next target being $0.414.
Should FTM continue its downward movement, and if it drops to the $0.1856 level, a final addition can be made. However, if FTM closes weekly candles below the $0.17 level, it should be stopped.
Not financial advice (NFA).
FTMUSDT Looking BullishTrading Recommendation - FTM / USDT (Futures)
Position - Long
Margin Type - Isolated
Recommended Leverage - 2X to 3X
Entry Range - Purchase between $0.320 and $0.325
Targets:
1. $0.330
2. $0.335
3. $0.340
4. $0.345
Stop Loss - Set at $0.29 (Use Stop Loss Mandatorily)
A short tradeA short trade
6 to 1 risk to reward
I expect that we will have a drop in the desired area
FTM → A High Profit Opportunity! This Analysis Breaks it Down.Fantom is marching forward in a bull channel, breaking previous resistance and setting its sights on $0.34. It looks like we have a clear shot to the next resistance level, but is it safe to long now?
How do we trade this?
The bulls have several data points on their side; a bull channel, breaking of previous resistance, successfully testing that resistance as support, but is that enough to enter a long? Not yet! What we need now is a bull confirmation candle on this second support test. The last hourly candle just closed above support a few minutes ago, we need to hold this price and close a strong bull candle to justify a long.
If FTM delivers, set a protective stop below the "New Support" line and set a take profit at a 1:2 Risk/Reward ratio. The next resistance level on this timeframe is just below $0.35, so it's reasonable to take your profits before then.
Also, keep an eye on Bitcoin as a leading market indicator, it's into new high territory for this bull run and we need to be vigilant about reversal candles appearing. If one does, be prepared to change your bias to short!
Trade Idea
Long Entry : $0.325
Stop Loss: $0.319
Take Profit: $0.340
Risk/Reward Ratio: 1:2
Key Takeaways
1. Bull Channel, Bias to Long!
2. Broke out of Previous Resistance, Now Testing Support.
3. RSI at 56.00 and below Moving Average, Bias to Short.
4. Wait for a Bull Confirmation Candle Above Support.
5. Long 1:2 Risk/Reward, Stop Loss below New Support.
You are solely responsible for your trades, trade at your own risk!
If you found this analysis helpful, click the Boost button and let us know what you think in the comment section below!
FTM to go up by a minimum of 10% FTM not only continues its price ascent since the 25th of Oct, but a nice cup and handle formation also forms on the 5 month timeframe. RSI is in support zone and the 50 day ema shows FTM looks set for a minimum of a 10% price gain. However, a drop in BTC could invalidate this price action so be alert. Target 1 : 0.3553 | Target 2 : 0.4013
Trade with caution as always. This is not investment advice.
