FTM is bullish now and many Traders don't see it !!
So if you pay attention to the FTM chart you can see that the price has formed a Ascending wedge which means it is expected to price move as equal as the measured price movement.( AB=CD )
NOTE: wait for break of the WEDGE .
Best regards CobraVanguard
FTM
Sonic (FTM) Technical Outlook: Signs of an Upcoming Breakoutthe price is currently below a dynamic resistance line, but the strength of this line has weakened compared to the past, increasing the likelihood of a breakout.
below the current price, a dynamic support line has formed, preventing the creation of a new price low. additionally, the pivot that led to the lowest low was unsuccessfully broken once. this, along with the fact that the price has been moving within this range over the past two months, serves as a bullish signal.
ichimoku analysis was also used, but is has been removed for chart clarity.
future price targets are: $0.35, $0.60, $1.20, and ultimately $3.00.
SONIC/USDT — Descending Triangle at Key Support!Overview
The daily chart shows a clear medium-term downtrend (well-defined descending trendline) meeting a strong horizontal support zone around 0.25–0.31 USDT (yellow box). Current price ≈ 0.3059 USDT. This structure forms a descending triangle or accumulation range, signaling that the market is in a decision phase — either a bullish breakout or a bearish continuation.
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Key Levels
Current Price: 0.3059
Support Zone: 0.2494 – 0.305 (historical low at 0.2494)
Descending Trendline Resistance: ~0.33–0.35 (dynamic)
Next Resistances: 0.3891, 0.5278, 0.6067, 0.7461, 0.8654, 1.0453
Breakdown Measured Target: ~0.11 (if 0.2494 breaks)
Potential % moves from current price:
To 0.3891 ≈ +27.2%
To 0.5278 ≈ +72.5%
To 0.2494 ≈ −18.5%
To 0.11 ≈ −64%
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Pattern & Interpretation
Main Pattern: Descending trendline + horizontal support = descending triangle (bearish bias unless broken to the upside).
Bearish Signal: Lower highs structure, price still under the descending trendline, supply pressure dominant. A daily close below 0.2494 with high volume = breakdown confirmation.
Bullish Signal: Daily close above the trendline (~0.33–0.35) with strong volume, followed by a successful retest = breakout confirmation. Extra confirmation if price breaks and holds above 0.3891.
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Scenarios
Bullish
1. Break & daily close above trendline (~0.33–0.35) with rising volume.
2. Retest holds as support.
3. Targets: 0.3891 (+~27%), then 0.5278 (+~72%).
4. Stop-loss: below support box (~0.28 or safer < 0.2494).
Bearish
1. Daily close below 0.2494 with strong volume = breakdown.
2. Measured move target ≈ 0.11.
3. Conservative target: psychological zones 0.18–0.15.
4. Stop-loss for shorts: above 0.305–0.33.
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Trading Notes
Conservative Long: Wait for breakout & retest above trendline.
Aggressive Long: Enter near support (0.26–0.30) with tight stop below 0.2494.
Short: Only after confirmed breakdown below 0.2494.
Always watch daily close + volume to avoid false signals.
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Conclusion
Current trend is bearish, but the strong 0.25–0.31 support keeps the possibility of a short-term rebound alive.
Decision point: Breakout above 0.35 → bullish rally, Breakdown below 0.2494 → extended sell-off.
Risk management is key — use stop-losses and position sizing.
#SONIC #SONICUSDT #CryptoAnalysis #SupportResistance #DescendingTriangle #Breakout #Altcoin #RiskManagement
SONIC | (Previously Fantom) | HUGE BULLISH PatternFTM has now officially been replaced on most exchange and is now trading as Sonic.
At first we saw an initial drop, typical "sell the news" actions, but now there is a bullish pattern forming in the 4h timeframe.
SONIC is bullish because:
✅ Upwards trendline trading
✅ Higher Lows
✅ Bullish chart pattern: W-Bottom
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BYBIT:SONICUSDT
FTM Delisting | OFICIALLY Becoming SONIC (S)Although a name change for FTM was announced in Aug 2024 already, many exchanges still list FTM, and this will soon change.
It is expected the Fantom will officially be delisted and become SONIC within the next two months.
In August 2024, Sonic Labs announced that they would be replacing Fantom with a new token called Sonic (S). Sonic Labs have confirmed that all existing FTM holders would be able to convert to S at a fixed rate of 1 FTM : 1 S. However, many exchanges will only transfer now, as they will finally be delisting FTM for good and converting all FTM S. This will be done at a conversion rate of 1:1.
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Make sure you don't miss the latest ETH update, since BTC is likely heading towards a new ATH and ETH stands much more to gain.
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CRYPTO:SONIUSD
POLONIEX:FTMUSDT
ALTCOINS | Alt Season | BUY ZONES1️⃣ATOM / BINANCE:ATOMUSDT
Ideal buy zone is the lower area, unless it CLOSES daily candles above the upper area - then the bottom is likely in and chance for lower entry is slim
2️⃣ Litecoin LTC / BYBIT:LTCUSDT
This likely means a longer wait until ideal entry points, weighted heavier towards the lower zones:
3️⃣ Fantom FTM / BITSTAMP:FTMUSD
Seeing a trendline here that should be noted for a likely buy:
4️⃣ DOGE / BINANCE:DOGEUSDT
DOGE price has not yet begun to trade UNDER moving averages in the weekly either, meaning the bearish cycle is still in early days:
DOGE ideal entry for me would be for accumulation, long-term:
FTM/USD 1D ChartHello everyone, let's look at the 1D FTM to USD chart, in this situation we can see how the price is moving in a descending triangle where we are approaching the moment of trying to choose the direction in which the price can go further.
Let's start by defining the targets for the near future that the price has to face:
T1 = 0.66 USD
T2 = 0.81 USD
Т3 = 0.93 USD
Now let's move on to the stop-loss in case the market continues to fall:
SL1 = 0.44 USD
SL2 = 0.31 USD
SL3 = 0.21 USD
If we look at the MACD indicator we can see a return to a local downtrend, however we are still in a place where the trend can reverse and surprise us with growth.
ALTS Shine, +55% INCREASE !! FTM | RNDR | Render and Fantom have made steep increases over the past two weeks.
In the past two weeks, FTM increased a whopping 55%:
And RNDR increased around the same amount:
This naturally makes it likely to see a correction soon, which may be the ideal time to get into the accumulation boat - or just for a swing trade.
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GEMINI:RNDRUSD CRYPTO:FTMUSD
FTM | FANTOM | Altcoin with GREAT UPSIDE POTENTIALFTM has recently increased 11% in the weekly, but is making more red candles in the daily and the impulse up seems to be over for now.
Looking at the corrections, from -45% to -80% is not uncommon for Fantom.
The good news, is that the bottom is likely close - and from here, there exists great upside potential.
I am NOT saying we can't fall lower here - infact, a full retracement may be likely, just as we saw the previous cycle. In which case, the upside is even bigger. 30c is indeed a very popular demand zone:
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BINANCEUS:FTMUSDT
Major Levels – Is Sonic Ready to Pump?After reaching the daily resistance level ($0.7818), price faced strong rejection. The anchored VWAP, acting as dynamic resistance just below the daily level, provided additional confluence for a low-risk short opportunity.
Additionally, a key high at $0.7891 further reinforced this resistance zone. Following the rejection, price sharply declined -13%, retracing back into the previous trading range.
Support Confluence
Price is now approaching a well-defined support zone:
Bullish Order Block: $0.6816
Key Level Near Order Block: $0.6803
Golden Pocket (Fib 0.618 - 0.65): 0.618 at $0.6793 & 0.65 at $0.6739
Monthly Open: $0.6732
Point of Control (POC): $0.6732 (aligning with Monthly Open)
Daily 21 EMA/SMA: 21 EMA at $0.6835 & 21 SMA at $0.6790
Fib Speed Fan 0.7 (from $0.615 to $0.7818): Providing additional support in this zone
Long Trade Setup
Entry Zone: $0.6816 – $0.6732
Stop Loss: Below the Monthly Open ($0.6732)
Take Profit Zone: $0.7111 – $0.7201
Risk-to-Reward (R:R): 3:1 R:R setup, offering a high-probability trade
Take Profit Targets & Resistance Zones
Previous Swing Low: $0.7111 (untested)
Value Area Low (VAL): $0.7152
Anchored VWAP (from $0.615 low): $0.7137
Fib Retracement 0.382 (from $0.7818 high to current low): $0.7201
SONIC ( PRE FTM )Analysis of the FTM OR Sonic currency
It seems that a trend reversal has formed and has completed 5 microwaves in the form of a larger wave 1
Next we need to see if it can break the major ceiling to confirm the new move
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Can FTM/Sonic Maintain Bullish trend?Can FTM/S Maintain Bullish trend?
Curious to hear your toughts on this.
Fantom FTM => Sonic S price analysis💱 At the beginning of January 2025, the rather old #Fantom project #FTM rebranded to #Sonic #S
‼️ The previous history of #FTMUSDT trading disappeared from the charts, but we have recreated it for you on this OKX:SUSDT chart
Unlike most altos, the price is held and rounded up.
🆗 We have schematically depicted the levels for trading and the possible price movement of the #S on the chart.
In the long term, we can see growth to $8-8.50
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FTM/USD 8H possible correction?Hello everyone, let's look at the 8H FTM to USDT chart, in this situation we can see how the price has broken out of the local downtrend line, which it is currently moving above.
Let's start by defining the targets for the near future that the price must face:
T1 = $0.75
T2 = $0.86
Т3 = $1.02
Т4 = $1.19
Now let's move on to the stop-loss in case the market continues to fall:
SL1 = $0.60
SL2 = $0.49
SL3 = $0.42
SL4 = $0.32
It is worth looking at the RSI indicator, which shows how strongly we have broken out of the upper limit of the range, moreover, here we can see how we have touched the level of 81, at which price rebounds were previously visible.