FTMUSDTAccording to the waves analysis we can expect that price rise again to the green zones. This is my personal opinion and is not an offer to buy or sell, please act according to your trading plan follow me for more ideas
FTMUSDT.PS trade ideas
FTMUSDT.4HAlright, let's get into the technical analysis of this Fantom (FTM) chart against Tether (USDT) on the Binance exchange from a first-person perspective as a trader.
Upon inspecting the chart, the first thing that stands out is that Fantom's price has been trending downwards recently as it's trading below the Ichimoku Cloud. This suggests a bearish market sentiment in the short to medium term for FTM. The price below the cloud often signifies that the asset is in a downtrend and that the cloud is likely to act as resistance on attempts to move higher.
The Conversion Line (blue) is below the Base Line (red), which traditionally means the bearish momentum is currently stronger. The Lagging Span is also below the price line and within the cloud, which reinforces the bearish outlook.
The pivot points on the chart show resistance at R1 and R2, with support levels at S1 and S2. Given the price is below R1, it is currently acting as a resistance level. If the price begins to rise, R1 is the first hurdle it would need to overcome before we can consider a change in the immediate trend. Conversely, if the price continues to fall, S1 and S2 are levels where we might anticipate potential support or a reversal.
The Relative Strength Index (RSI) is around 28.65, which is quite close to the oversold boundary of 30. This could indicate the possibility of a trend reversal or a pullback, as prices often revert back after hitting such extremes.
As for the Moving Average Convergence Divergence (MACD), the MACD line is slightly below the signal line, which typically suggests bearish momentum. However, both lines are very close to each other, so I'd watch out for any crossover which could signal a change in momentum.
In conclusion, FTM's current price action is bearish, but with the RSI being close to the oversold territory and the MACD lines close to a potential crossover, there may be a reversal on the horizon. As a trader, I would closely watch these indicators for signs of a momentum shift, especially any bullish divergence on the RSI or a MACD crossover above the signal line. Trading near support levels could provide a favorable risk-reward ratio, but it's important to wait for confirmation signals before making any trades, as countertrend trading can be particularly risky.
🔥 FTM Fibonacci + RSI Bounce SignalWith BTC selling off, alts are naturally following suit. However, I think that it's more likely than not that alts will bounce soon.
As for FTM, this token is currently around 30% down from the top after a massive run-up. The 4H RSI is oversold for the first time since the huge run-up started in January. Furthermore, the price is currently sitting at the 0.382 Fibonacci retracement, which often functions as a strong support during up trends.
Target at the current local top of 1.20$.
FTM sounds bullish In short termFTM Looks in a low-risk area in the short term. please consider money management.
Will You Fade the Falling Wedge $FTMWe’re getting close to the 30 mark on the RSI as well as coming to the bottom of a falling wedge. Sentiment reset and liquidity is flushed. Will we break out to the upside?
FTM Is about to make big moves! t seems like the price is about to break the upper trendline, and now is the time to keep a close eye on FTM! If you're looking to trade FTM at the moment, here's a quick setup that you might find helpful!
The idea is: Buy when the price breaks above 1.015$ and take profits at the levels shown in the chart.
Targets:
1. 1.04$
2. 1.095$
3. 1.145$
-------------------------------------------
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!
FTMUSDTHi guys
Note that the analysis is on weekly and daily time frames and a medium-term trend is considered.
It seems that considering the maintenance of the support area of $0.2719 and the consumption of the resistance areas, the areas marked for buying can be attractive.
What do you think?
Time to keep a close watch on FTMIt seems like the price is about to break the upper trendline of the triangle, and now is the time to keep a close eye on FTM! If you're looking to trade FTM at the moment, here's a quick setup that you might find helpful!
The idea is: Buy when the price breaks above 0.975$ and take profits at the levels shown in the chart.
Targets:
1. 1$
2. 1.04$
3. 1.095$
4. 1.145$
-------------------------------------------
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!
Fantom/usdtThis chart attached to previous chart for FTM
Let's see if it will take prediction design
Fantom/usdtBest Chart You can see today
fantom looks really interesting but we need just a breakout the trend ( as chart shows ) and close above with daily candle & high volume
Target on chart Starting from 1.5$ to 3.5$
for 5.5$ maybe it will take couple of months
this is a personal opinion and NFA
Thank you
there are two bullish scenario on FTM coini am still bullish on BTC and ALTcoins. Please don't be afraid to buy altcoins. Good Luck. Make Money.
Don't be surprised if $FTM does thisFantom hasn't really followed the rules on it's move up, with regards to resistance levels. That being said, it wouldn't surprise me at all, if FTM came down and backtested the previous supports. If this happens, good layer 2 tokens are going to go absolutely nuts on the continuation up.
FTM/USDT LONGThe situation is very similar to TAO, and currently to a large number of alts. Reflection from the bottom line of the ascending channel. The breakout of orange can be considered a bullish signal. Phantom has been showing relatively strong strength in recent weeks, currently on a correction of approximately 20%, this may be a good buying opportunity provided that the BTC price does not fall.
FTM shortBased on past data this correction will likely drop to around 0.7-0.6 and then continue to rise
Time to keep a close watch on FTMIt seems like the price is about to break the upper trendline of the triangle, and now is the time to keep a close eye on FTM! If you're looking to trade FTM at the moment, here's a quick setup that you might find helpful!
The idea is: Buy when the price breaks above 1.06$ and take profits at the levels shown in the chart.
Targets:
1. 1.095$
2. 1.145$
3. 1.185$
-------------------------------------------
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!
The caleb gordon - #fruitofourlabo pattern lolWhat do you see ? double bottom couldn't break the resistance so it turned it into a support I think we may see 0.92 just my Bais conclusion as viewed on d/s line...but I am open others reviews.
abeg oooo disclaimer I am not no financial adviser or some market maker.
good setuop for Short FTMhello
we had a ascending trend line that broke downward with strong candle.
i marked points for short position if you see candle confirmation.
FANTOM. USDTWith a price correction, Fantom(FTM) indicated that it intends to continue its growth.
And in the short term, the price may increase to $1.30.
But we should pay attention to the monthly candle in the next two days.
FTMUSDT.PHello Trader BINANCE:FTMUSDT.P
double top but hasn't retested the area yet, net or market price recommended
take profit 27%
stop loss 6.8%
Please add a comment and Positive feedback and constructive criticism are important to authors and the community.
Disclamer: Not Financial Advice
FTM/USDT LONG MIDTERMFTM another coin that likes to fly when the market moves up. It looks very juicy, bullish divergence, double bottom with Adam and Eve pattern, the coin is ready to give xes before the new year. TP on the chart
TP1 - 0.64 usd
TP2 - 0.81 usd
TP3- 1.04 usd
FTMUSDTAccording to the waves analysis we can expect that price rise again to the green zone. This is my personal opinion and is not an offer to buy or sell, please act according to your trading plan follow me for more ideas
FTMUSDT Buy Opportunity!!FTMUSDT a layer1 project, has experienced a significant 90% decline from its previous all-time high (ATH). Currently breaking through resistance, it's on its way to the next level at $0.65.
FTMUSDT (1W Chart) Technical analysis
FTMUSDT (1W Chart) Currently trading at $0.33
Buy level: Above $0.31
Stop loss: Below $0.25
TP1: $0.38
TP2: $0.45
TP3: $0.5
TP4: $$0.65
Max Leverage 2x
Always keep Stop loss
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
