Fantom took a hit (like most alts) when Bitcoin dumped yesterday. Stochastic RSI shows a clear sudden downmove when the market dumped. RSI actually looks good, it bounced off of the 50MA indicating bulls holding FTM in bullish territory. When Stochastic bottoms out an can reverse momentum i think FTM can resume its uptrend soon. (Let's hope BTC doesnt shit the bed again).
#FANTOM bounced off the supper level what is also the lover boundary of an ascending trendline. FTM is likely to continue the movement inside the channel and reach its upper boundary at 4,17$
Overall market sentiment bullish, FTM however is a special one for long-term and short-term. I want to see the S/R flip zone hold, I do not want FTM to break through this level otherwise the bullish move would be invalidated. I am looking to take a long from around $2.60-$2.70 level, ideally if these levels hold I want to make this a long-term trade, targetting...
$FTM /USD Retested and trying to hodl above ~2.5$ support level Trying to see if its able to start a new HH/HL sequence on lower timeframes that allow a restart of the trend Still just ~17% away from ATH & ~100% up since latest UCTS 1D Buy signal Will let it run #FTM
Fantom looks like it is completing the 4th wave and may touch $1.90 before next move up to about $6.00 and possible blowoff top of $8 depending on how aggressive Bitcoin runs. Indicators are pointing to a short term correction maybe over the next week or so then onward and upwards to the top of wave 5 before any kind of consolidation correction. I will revisit...
Fantom has the potential to reach $16 and above. It depends on a few things such as the overall marketcap moving higher, BTC moving higher and continued momentum behind the project. This had to be a short video, my dinner is ready,
Fantom (FTM) on the 1D chart shows a lower high. I charted a few trendlines to consider keeping an eye on along with a fib retracement. What are your thoughts? Comment below, hit the like and follow me. Thank you! Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my...
Fantom looks very bullish to me. Stochastic is bottomed out showing momentum turns bullish, RSI strong above 50 indicating bulltrend. $4 target mid-term on the Fib.
BINANCE:FTMUSDT After having a breakout outside the triangle pattern with decent volume, FTM, Is inside an uptrend channel with a potential of reaching 3.4752 in the following week.
BYBIT:FTMUSDT - If you're following the trading strategy as below, you must have a nice profit right now. - Due to a M pattern formed before, resistance might be around here. Therefore, I set a new SL $3.0040 to protect your unrealized profit. You can still set the original SL $2.5505, all depend on the risk you wanna take. Have a good day!. - If you like this...
A little more than a week ago I made an analysis on FTM. Here I argued that FTM was nearing a perfect reversal point on the crossover from the previous ATH resistance and the channel's bottom trend line. As expected, the price touched the $2.45 at the channel's support and saw a huge reversal. FTM is one of the major gainers of the last two days. Seeing that...
FTM finally broke its bullish flag and it will go high from here. BUY SETUP: BUY: 2.85 or BELOW SELL: Target 1: 2.90 Target 2: 2.95 Target 3: 3.10 Target 4: 3.25 STOP LOSS: 2.64 Have a nice trade....ENJOY!!!!! THUMPS UP if you like it.
Trading pair FTMUSDT is probably one of the few, which in the last month is only growing, relentlessly, despite the trading maneuvers of the pair BTCUSDT. Let's try to understand what is happening now on the FTMUSD price chart. We can assume that an expanding triangle was forming on the chart from March to August, but usually such a pattern is formed on global...
Add some volume to this chart and it could squeeze breifly over $10 here.
Fantom is truly my favorite coin with 1600x run from the 2020 Covid lows. In March 2020 the Market Cap was some 4.7m (#380), now some 7.2b (#32). That is absolutely amazing. But how much upside potential is there left? Honestly, I do not know. In this case, it is wise to be aware of the chart signals and be reactive for whatever price action. First of all,...
BYBIT:FTMUSDT 4H trend chart - FTM is building an inverse HS pattern. We notice that 4H candle never stand firm at 2.875, which is the neckline and Fib(0.618) If price can break through 2.875 w/o wicks top, trading strategy as below. - Profit Targets: a) 3.49----Fib(1) b) 3.928~4.105----Fib(1.272~1.382) c) 4.4845----Fib(1.618) Stop losses: a) 2.5505-----Red...
Hi guys, Fantom (FTM) has confirmed an up trend and I am identifying targets at a minimum of $3.75 up to $5.58 in the next couple of weeks after breaking out of this bull flag. Sit and wait, don't FOMO. Trade on confirmation Let's just wait and see where we go, this is not financial advice. Let me know what you think Peace