Is ftm finally moving?In my opinion, ftm is in a box in the 1-hour time frame and when it wants to break out of the box and open a long position with the break of 0.7803, we can enter. I prefer to open a short position on another coin.
FTMUSDT.PS trade ideas
FTM USDT By HesamUNTHey traders
look at the Fantom in 15m TF
almost BO the bearish parallel channel
Next target will b the supply zone same as the chart
what u think ? share ur chart n leave a comment
FTM to pull back to my buy zoneFTM is setting up a nice consolidation to continue the up trend in the long run. However, in the short term we will experience sideways to down action.
As shown in the chart, we are seeing the money flow come down, VWAP about to cross zero line and MOM (modified macd) signal crossing below. These all indicate the potential down price action in the coming weeks.
My accumulation zone is around 0.65 to 0.70 range. Not a financial advice. DYOR.
📈FTM: Unveiling Potential Trading Opportunities in the Market🔥☀️In today's analysis, we dive into the realm of Fantom (FTM), a coin exhibiting promising potential in the market. Focusing on the daily timeframe, we dissect FTM's price action and chart patterns to uncover strategic entry points for traders seeking bullish opportunities.
📈Since October last year, FTM has delivered remarkable gains, surging approximately 570% to reach the $1.1485 ceiling. Currently undergoing a corrective phase, FTM appears poised for its next significant upward movement, presenting an opportune moment for traders to capitalize on potential profits.
🔍Zooming into the daily timeframe, we observe a prevailing high wave cycle indicative of an upward trend. In alignment with trading principles, our focus remains on identifying entry points within the prevailing bullish trend. FTM's recent retracement to $0.6267, coinciding with the 0.618 Fibonacci level and forming a strong point of reversal zone (PRZ), underscores the potential for a bullish continuation.
📊 As volume gradually diminishes, both primary traders and whales remain absent from the market, contributing to increased market volatility. In such conditions, refraining from trading presents the optimal choice, ensuring prudent risk management amid erratic market behavior.
📉Observing SMA99's proximity to price action, we recognize its significance as a key entry point during upward trends, often catalyzing significant price movements. Furthermore, the trend curve exhibits a gentle slope, indicative of a parabolic ascent, albeit with associated risks of trend curve breakdowns leading to sharp market declines.
🛒For spot traders, multiple entry points exist. Firstly, identifying a strong bullish candle within the current range presents a high-risk, high-reward opportunity. Alternatively, entry upon breaching the box resistance at $0.7971 offers a more conservative approach, minimizing risk while ensuring confidence in the bullish momentum. Lastly, a breakout above $1.1485 signifies a strong confirmation of the uptrend, albeit with potentially lower profit margins.
⚠️While near-term targets include $1.6673, a crucial resistance level, and ultimately the all-time high (ATH), it's essential to employ fibo extension tools post the $1.1485 breakout to refine target levels and mitigate risks.
📝As we navigate the complexities of FTM's market dynamics, exercising caution and strategic decision-making remain paramount. Stay tuned for ongoing updates and insights as we continue to navigate the ever-evolving landscape of cryptocurrency trading.
🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2
[FTMUSDT] - TIME TO BUY! the Crucial S/R level Breakout/Retest has Confirmed on the 3-day timeframe Chart.
time to buy the dip!
buy between: 0.75 . 0.70
targets: 0.80 - 1.12 - 1.85 - 3.5
stoplose: 0.56
thanks and for more signals and idea hit "like" and "follow"🎯
FTM: Keep an eye on this level! If you're looking to trade FTM at the moment, here's a quick setup that you might find helpful!
The idea is: Buy when the price breaks above 0.76$ and take profits at the levels shown in the chart.
Targets:
1. 0.77$
2. 0.78$
3. 0.79$
4. 0.805
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About our trades:
Our success rate is notably high, with 10 out of 11 posted trade setups achieving at least their first target upon a breakout price breach (The most on TW!). Our TradingView page serves as a testament to this claim, and we invite you to verify it!
FTMUSDTAccording to the waves analysis we can expect that price rise again to the green zone. follow me for more ideas
FTM - Looking for an imbalance sweepA lot of identical setups as we are breaking a lot of bearish structures here. On FTM we have had a Supply Breaker now after it seems we have concluded a wave 4 now. Going to target the imbalances on the way up. Bigger RR on this one, as always take your profits as you wish. Looking for the support of the MDAY-H here and the volume. ✅
📈 Trade Alert: FTM Long Position Setup! 🚀📊📊 Asset: FTM/USD
📉 Current Price: $0.73 - $0.80 (Support Area)
🎯 Entry Strategy:
Initial Entry: Allocate 50% of capital at the current support level.
Additional Entry: Add remaining capital upon price breaking through $0.80.
🎯 Take Profit Targets:
$0.99 - $1.05
$1.14 - $1.23
🛑 Stop Loss: Just below $0.70
📈 Analysis:
FTM is trading within a supportive range, indicating potential for an upward move.
The trade plan involves scaling in gradually to manage risk and capture potential upside momentum.
Take profit targets are set at key resistance levels, with a tight stop loss to mitigate downside risk.
📊 Risk Management:
Monitor price action closely and adjust stop loss levels if needed.
Remain attentive to market developments and adjust strategy accordingly.
🚀 Trade with Confidence! 🌟 #FTM #LongPosition #TradingStrategy 📈🔥
$FTM - Looking Extremely good on the usd chart.Wow, seems like we have another cycle for the good old UPCOM:FTM here.
Looking for a 3.8x
FTMUSDT.1DThis daily chart for Fantom (FTM/USDT) presents a price that is attempting to recover from a previous downtrend. The price action has broken above a descending trendline, which could be an early indication of a change in trend. The Relative Strength Index (RSI) is near the midpoint at 45.08, suggesting that there is neither overbought nor oversold pressure at the moment.
The current price is $0.7455, and it's facing immediate resistance at the $1.0646 level (R2). If the price can sustain above the trendline and push past R2, it might confirm a trend reversal towards the bullish side. There's a notable support at $0.5275 (S2), and maintaining above this level is key for the bulls to hold control.
Traders might look for long positions with a break above R2, setting stop losses just below S2 to manage risk. Should the price fail to hold above the trendline or break below S2, it would signal caution and possibly a resumption of the bearish trend. Watching for increased volume on upward moves would further confirm the bullish momentum.
A nice entry for $FTMHey traders! this is my prediction for Fantom for the next weeks, be prepared for the bullrun and remember to take profits.
TP: 1.7
and ATH ;)
FTM - It's just a B Wave.. I'm speechlessWe never took out the wave 4 low. WE NEVER TOOK OUT THE WAVE 4 LOW! Omg... This is bad. This is really bad. Head in my hands. Devastated. Get out of everything. Get out!!
FTM: Keep an eye on this level!If you're looking to trade FTM at the moment, here's a quick setup that you might find helpful!
The idea is: Buy when the price breaks above 0.851$ and take profits at the levels shown in the chart.
Targets:
1. 0.875$
2. 0.93$
3. 0.975$
-------------------------------------------
About our trades:
Our success rate is notably high, with 10 out of 11 posted trade setups achieving at least their first target upon a breakout price breach (The most on TW!). Our TradingView page serves as a testament to this claim, and we invite you to verify it!
FTMUSDTFTH currency is expected to be supported by Barezgan market in the three downward steps due to the impact on the market value area and the emptying of smart money by banks and institutions.
This currency has both an educational point and a buying point
First step with high risk $0.0773
The second step with an average risk of $0.0553
The third step in the sweet buy zone is $0.0320
All these scenarios are possible if the $0.4405 figure is broken
$FTM Bull Bands and the Golden PocketFTM came down into the Fibonacci golden pocket as well as into the bull band supports. These are both important points in the chart where a strong possibility of reversal is indicated.
FTM is currently in a descending triangle pattern!!!Hi.
BINANCE:FTMUSDT
Today, I want to analyze FTM for you in a 4H time frame so that we can have a MID-term view of FTM regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
A breakdown and successful retest of the pattern would confirm bearish momentum
However, if price is able to reclaim the horizontal support level, it could indicate a potential continuation of the triangle pattern.
✅ Due to the Descending structure of the chart...
🟢 FTM has been Bearish Recently!
🟢FTM is in a descending Triangle
🟢(AB=CD)
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
FTM → Fantom Drop to $0.50!? Or Rush to $3.50? Let's Answer.FTM has shown immense strength during the crypto markets' bullish sentiment over the last 14 months. With a 611% increase from Fantoms' bear market low of $0.15 to the recent high of $1.21, does FTM have any more upside for us?
How do we trade this? 🤔
We're at a crucial point for the FTM price near a major resistance area peaking at $1.25. Two strong legs up from the support zone in a rough Measured Move with an RSI of 80.00 and above the Moving Average. The crypto market has given us more than the price action called for with Bitcoin hitting new all-time highs without touching lifetime support and before the halving. A long at this stage is not reasonable, at least not on the Daily or Weekly timeframes.
It's reasonable to wait for the price to fall toward the Weekly 30EMA and 200EMA between the $0.42 and $0.52 price range, this range will increase slightly as the pullback happens toward the $0.46 and $0.56 area. Therefore, it's ideal to target the $0.527 area for optimal Risk/Reward, setting a stop loss below the EMA ribbons at $0.285, the first take profit at 1:1 Risk/Reward ($0.77) selling half of the position and moving the stop loss up to the entry price, before the $0.97 resistance area. The second take profit should be set anywhere above the $1.25 resistance until a sell signal and confirmation are witnessed, but ideally, before the $2.00 psychological and minor resistance before the peak of the 2021 high.
💡 Trade Idea 💡
Long Entry: $0.527
🟥 Stop Loss: $0.285
✅ Take Profit #1: $0.77
✅ Take Profit #2: $1.98
⚖️ Risk/Reward Ratio: 1:6
🔑 Key Takeaways 🔑
1. Two legs up in a strong 611% bull run finding resistance at $1.21
2. Measured move played out
3. Bitcoin at all-time high resistance areas could impact crypto market sentiment
4. Gap between the current price and EMA ribbons
5. RSI at 80.00 and above the moving average. Supports a pullback.
💰 Trading Tip 💰
It's reasonable to take half profits at the first resistance target in a long trade or the first support target in a short trade. Using a 1:1 Risk/Reward Ratio for your first target, you can move your stop loss up to your entry price, locking in profits. This allows you to watch the rest of the trade execute without worrying about losing money, which helps improve trading psychology and the equity in your account.
⚠️ 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 Follow to learn more about:
1. Reading Price Action
2. Chart Analysis
3. Trade Management
4. Trading Psychology
FANTOM (FTM) DAUNTING REASONS WE WILL BE GOING TO BACK TO $0.08
Support becoming Resistance (S/R) meeting on the Resistance level of an Ascending Channel and at the 61% Fibonacci level coupled with a strong divergence on the Daily Timeframe of the Relative Strength Index (RSI) at the over Overbought region is too much of a confluence for a bearish sign for $FTMUSDT.
Afterall, the All Time High seems to be a perfect wave 5-cyan that amounts to the end of either an Impulse or Corrective Elliott Wave Cycle and that being true, we expect wave 2 or B-red to retrace at least 50% but preferably 60% (not a rule but a guideline - a guild line that is true 80% of the time) and in this case that has not happened in fact, from the All Time Low ($0.0004) we have not even seen up to 38% Fibonacci level retracement.
Other than the facts on the first paragraph another important point according to Elliott Wave Theory is that the first price action just after the all time high is an an impulse (doesn't look corrective) and what that means is that after a counter correction (the WXY-yellow) that brought us to this present price action, we should see a new low to for a Zigzag (ABC-cyan) and that Zigzag will balance in proportion the wave 2 or B-red by taking out the liquidities below and also reach the 50-60% Fibonacci zone or 70-90% spanning to the monthly order block or at worst case scenario the 38% which is just below the Sell Side Liquidity.
Clean bulish structure on FTMOn the weekly time frame, the FTM is above the 50 EMA, each time the price touches the Moving average respects it and has a nice reaction, on the other hand, price action has a clean change to a bullish trend and if price retraces to previous high or touches the 50 EMA, it could be a good opportunity to go long!
fantom ready to flyfantom after many days corresction now ready to fly
matbe go back to entry point maybe pump from there.
FTM short term analysisFTM / USDT
In macro view iam still very bullish on this coin
But in short term …
In my view the price could be in the correction elliot waves and potential C wave in formation
Invalidation: close daily/ weekly above 1.15$
Fact : During bull run altcoins can drop 30%-70% many times
This isn’t short signal ..Its recommended to accumulate partially in drops and sell partially at top signals
Best of wishes
