FANTOM in a pennant on the 4hrCompression leads to.... expansion!
Monday will decide with way it will go. What do you think?
FTMUSDT.P trade ideas
shortI think that since we have a continuing trend line, it is possible to enter by breaking the 0.2445 line and with the stop that I set for it, but be aware that it is a risky position, so don't invest too much.
FTM BULL FLAG ! Fantom has been moving like a snail lately.
I see a bull flag pattern forming up. If bitcoin stops being a bully to altcoins, we can go higher !
PUMP or Breakdown??
NFA,DYOR
$FTMbelow 2396 idea is invalidated
for now recon it moves by Tuesday so scale in on any dips you get
think Dixie will attempt a short squeeze on monday so may get you a better entry
have entered 50% of my position and left the remainder at 2400
above 2900 will add
Impressive Rally Continues**Title: FTM/USDT Price Analysis: Impressive Rally Continues with Wave 3 Surging to 0.2511**
**Date: July 26, 2023**
In the latest developments for FTM/USDT, the digital asset has been showcasing remarkable bullish momentum, further solidifying its upward trajectory. A series of well-defined waves has been observed, with the 3rd wave reaching an impressive high of 0.2511.
**1st Wave (July 26, 2023 - 0.2344):** The initial wave surged to 0.2344, setting a promising tone for the FTM/USDT pair.
**2nd Wave (Correction - July 26, 2023 - 0.2319):** Following the first wave, a correction took place, dipping to 0.2319. Corrections are a common aspect of market cycles and serve to balance the price action.
**Wave 3 (Continued Impulse - July 26, 2023 - 0.2511):** Defying expectations, the 3rd wave experienced a significant surge, climbing to an impressive height of 0.2511. This dynamic price movement indicates strong bullish sentiment among traders.
**Wave 4 (Correction - July 26, 2023 - 0.2405):** As expected, a correction followed the surge in the 3rd wave, leading to a temporary dip to 0.2405. Such corrections are normal in a trending market.
**Current Price (As of July 26, 2023 - 0.2458):** The FTM/USDT pair currently stands at 0.2458, showing resilience despite the correction.
**Wave 5: (Trending Direction - Yet to Unfold):** As of the current analysis, the direction of the 5th wave is yet to be determined. Market participants and analysts are closely monitoring price action to gauge the potential of a continuation or reversal.
**Conclusion:**
FTM/USDT's performance has been remarkably bullish, showcasing impressive upward momentum with significant gains. The price action has been characterized by well-defined waves, indicating a structured and bullish market sentiment. However, traders should exercise caution and closely monitor the trend's development before making any trading decisions.
**Sentiment:**
The overall sentiment surrounding FTM/USDT remains optimistic, driven by the positive price movements in the recent waves. The strong surge in the 3rd wave has bolstered confidence among traders, but the market remains cautious due to potential volatility and corrections. Market participants are advised to employ prudent risk management strategies and conduct thorough analysis before taking any significant positions.
Fantom is death, why don't you buy it?I love to buy coin which are death, probably there will be huge puımps in mid-term.
So Fantom is death, why don't you buy it?
$FTM USDT looking bullishftm usdt making a symmetric triangle, I'm expecting a good pull back from here,
if ftm gets break out from this triangle it could easily go to 0.5$ or above.
lets where we are heading
FANTOM TRENDFTM has lost most of its momentum to the bears after reaching an ATH of 0.65 this year and is now struggling to keep up with 0.23.
Ftm is currently at the bottom in a downtrend where it has gained a little momentum and will be testing the various resistance zone at;
1.) 0.2750 which is the midway of the trend
2.) 0.2870 which is the resistance zone
3.) 0.3 which is the top of the trend
It is like that FTM may continue in this trend and fall to the major support zone at 0.18
GOD LOVES
FTM S&R in short and mid term>>>>>
I Have Tried My Best to Bring the best Possible outcome in this Chart.
Based on the movement's and correction on FTM (Daily-T) chart and by examine other index's,
FTM still need more correct till show some serious support and inject huge valume of fresh money to The downward price structure can be broken and changed at this point.
All important area's in short term marked on the chart.
(classick pattern/harmonic/supply and demand/candlstick pattern..)
It's Not a financial advise.
PLZ DYOR
With hopping success>>>
FTM Trading PlanHorizontal Supp/Resis in yellow lines
Long Scenario
Descending Resistance Lines
Ascending Resistance Line
Weekly RSI Horizontal and Descending Resistance
Twin Bottom Pattern and Trading Risk MitigationIf we notice a favorable response, particularly around the $0.22 level, there might be a chance of a twin bottom pattern emerging, indicating potential growth for Fantom. As we proceed through this week, keeping a close eye on the $0.22 support level becomes crucial. Additionally, watching for RSI divergence and a break in the downward trend line on shorter timeframes can help mitigate trading risks.
#FTM/USDT is forming the Falling Wedge Pattern in 1-Hour TF!
I am expecting a PML retest before a pump. UPCOM:FTM
needs to clear the Pattern to turn bullish. The first local resistance level is PWL $0.2485.
FTMFriends, according to the harmonic pattern, I determined the downward target of the phantom currency. Given that we believe that Bitcoin will also correct, almost all of our daily time analyzes are corrective.
FTM ""Double Bottom"" Weekly ChartFTM is looking great as it is also forming a double bottom on weekly timeframe. The higher the timeframe the better it is.
It also started to form bullish divergence on 4h timeframe as shared in the previous idea.
We need to wait for the BREAK and RETEST of the NECKLINE marked with orange dotted line.
LETS PUMP IT !!
DYOR, NFA
FTMUSDT PRZHere is PRZ for Fantom according to harmonic pattern, with next target. As always this analysis can be failed. Enjoy responsibly.
FTM 4h Hidden Divergence !Fantom price has been consolidating around the GOLDEN POCKET for a couple of weeks now.
Just spotted a divergence forming up on 4h. It is good that correction happened and its getting ready for an upwards movement.
Happy Trading !
NFA , DYOR
