The Fantom price has managed to slow down its decline a little. Our primary expectation is that it should recover soon and continue its rise. After all, the magenta-colored wave (3) the coin is currently working on should continue well above the $0.65 resistance level. Only the 35% probable alternative would see a different course. It considers the upward swing...
The roof of the channel will be broken soon. By breaking the ceiling of the weekly channel, the next target is 1 euro.
I have set $30 for FTM for 2024.
As long as we are on this channel. It is a good buying opportunity.
This analysis is for spot.
If it breaks, we will see $1 soon.
FTMUSD is a great opportunity to take profits!
Extraordinary Risk to Reward trade for a cryptocurrency that is favored by crypto experts fundamentally! around days which BTC potentially is experiencing last days before a sharp move!
Look at my old days BTC analysis and see how easy was to get a good profit out of short and long positions during the last 24...
Like many other alts, FTM is going up to the 1.618 levels. I put two fibonacci extensions setups to find out possible target.
The 1.618 religion is back!
In our last analysis, we identified we were in a correction were looking for a move up to complete wave B, subwave c. We are now nearing its completion and have banked over 150%.
We are now focusing our efforts on finding the reversal point for the next big trade. We have the fib levels falling in line with the recent highs.
Trade Idea:
- Watch for price to...
FTM has hit the first price target for December of 43 cents, the bearish price target is marked as a dashed green. My second bullish target is the next dashed green level of ~53 cents. The supertrend indicator has maintained bullish since that low of volume. Volume is on a high uptrend along with RSI. This past CPI print could bring us to 1$ by Feb.
#FTM
The price has been moving in a descending triangle since last February
The price gained support at 0.1730
The price is expected to break the downtrend at the current price
First target : 05160
Second target : 0.6555
Which represents 200% of the current price
With an oversold presence on the MACD
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💎 Paradisers, turn your attention to #FTMUSDT as it presents an intriguing trading scenario. Currently positioned in a demand zone and having recently executed a Break of Structure (BOS), FTM is showing a strong likelihood of breaking above resistance and initiating a significant bullish movement.
💎 Reflecting on #Fantom market behavior, it has been adhering to a...
FTM has broken the fib on the four-hour chart and awaiting a daily confirmation. Despite BTC dominance rising this is pretty bullish. The uptrend is apparent and the volume is much higher than the previous year's average. My short term bullish price target is still marked by the green dashed line. I updated the daily demand. Careful as this can easily break down...
