Get started

FTM 3x Short / Tether

No trades
See on Supercharts
Overview News
Ideas
Technicals Markets

FTMUSDT.3S trade ideas

💡📈 "FTM Coin Analysis: Trends & Opportunities" 🚀🔍🔍 Let's conduct an in-depth analysis of the esteemed cryptocurrency, FTM, and identify our potential setups in the lower timeframes. 📊 In the weekly timeframe, contrary to the majority of coins, FTM has broken free from its prolonged weekly range after approximately 600 days, advancing towards the significant resistance level of 1.0950. This bullish movement was corroborated by an increase in volume, affirming the trend. 🔻 Upon encountering this resistance and with sellers re-entering the market, red candles reappeared, driving the price down to 0.6326. Nevertheless, this decline was marked by a reduction in volume, which underscores the robustness of our upward trend, suggesting that this may merely be a pullback to the weekly range. 🧐 I delved deeper into the nature of such movements to ascertain the underlying causes. It appears that traders who liquidated their holdings at the resistance and now observe FTM's commendable upward trajectory are motivated to reacquire their positions at the same price levels, thus transforming the previously breached resistance into a pivotal support through their buy orders. 📉 Now, let's shift our focus to a lower timeframe for futures trading analysis. For short positions, our support is well-defined, and upon breaking the critical support at 0.6326, we can initiate a short position aligned with our 4-hour trend. However, it is imperative to confirm the increase in volume at the time of the break. ⚠️ Given the significance of the 0.6326 support, if we notice volume rising as we approach this level and the RSI nearing oversold territory at the 30 line, you can also set a stop-sell order to capitalize on any sharp movements. 🔄 For a long position, we currently lack a clear trigger, but considering the weekly movement, we can hypothesize that this support may serve as a reversal point. Nonetheless, we will refrain from acting until we receive confirmation. For a riskier long position, we will await the 0.7300 level, and for a more secure long position, we will wait for a break above 0.7838. 🪙 In today's market, your trades should be closely aligned with Bitcoin's movements, given that BTC.D (Bitcoin Dominance) commands a significant portion of the market. Essentially, Bitcoin dictates the supports and resistances on the charts of other cryptocurrencies. ❌ Consequently, it is advisable that if altcoin support and resistance levels are breached but Bitcoin does not provide confirmation, you should enter positions with reduced risk. For instance, if FTM loses the 0.6323 support but Bitcoin maintains support at 60706, FTM is likely to hit its stop loss. However, if Bitcoin loses its support, FTM is poised for a more substantial decline, potentially yielding significant profits. ⏳ At present, we do not have an entry point for repurchasing this coin. Exercise patience and explore other projects during this period. Additionally, you might consider examining the DeFi space within the Fantom chain. 📊 Our upcoming support levels are 0.5472, 0.4903, 0.4380, with the resistances at 0.7300, 0.7838, and 0.9096. 😊 If you'd like me to analyze a specific coin or currency pair, be sure to comment so that I can allocate the next analysis for you! ⚠️ Also, please remember that I'm just an analyst, and this isn't financial advice. We're here to stay in the market and maximize profits by adhering to risk and capital management principles.
by RealMRA
1
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 0.734$ and take profits at the levels shown in the chart. Targets: 1. 0.748$ 2. 0.784$ 3. 0.82$ ------------------------------------------- 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!
Long
by MBM_Crypto
6
🔥 FTM: Huge Reversal Possibility From Major SupportFTM has been trading in a very strong bullish trend since October of last year. This analysis is based on the idea that FTM will keep trading alongside the bottom purple support. I'm waiting for a minor sell-off towards the entry, or when the price hits the bottom support line. Target at 2$ and the stop below the most recent local low. The stop is very tight. If you prefer a higher probability trade (but lower RR) put the stop at 0.54
Long
by FieryTrading
1
#FTM/USDT#FTM The price is moving in a bearish channel on the 12-hour frame and is largely sticking to it We have a green support area at 0.5500 that is expected to be bounced from due to its strength We have a trend to hold above the Moving Average 100, which is strong support for the rise We have very strong oversold resistance on the RSI indicator to support the rise with a strong uptrend Entry price is 0.7500 The first target is 0.9797 Second goal 1.09 Third goal 1.22
Long
by CryptoAnalystSignal
$FTM Possible Double BottomKUCOIN:FTMUSDT - Huge Double Bottom possibly in print Measured move +40% Divergence at support in 0.635 levels would be preferred entry provided entry trigger activates via candlestick or candle stick formation. Neckline break and retest at 0.78 level will provide further impetus for initial Target to 0.94. Remember UPCOM:FTM can go higher can is dragged around like all altcoins by the ring master $BTC. Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge. If you liked this idea or if you have your own opinion about it, write in the comments. The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
Long
by imr4nkh8n
1
just an IDEA !!!!!!In the zoomed-out view on the 1D and 4H charts, we are in an upward channel. On the 1D chart, we have already hit the middle line, which is acting as resistance. Same Within this channel in 4H, we were in a range area that we broke out of on the upside. I believe we have already hit the target of this range area, which is exactly at the middle line of the 1D uptrend channel. Now, based on the RSI and a small support line, I think it is possible to form a small head and shoulders pattern. If this pattern forms, we could follow its target to go back down, aligning with the Fibonacci retracement levels of 50-61.8%. This would bring us back to our support line, where we can then observe how the price reacts.
by amirh-gh
Analysis for FTM (Fantom USDT) for Next MonthHistorical Performance: Fantom USDT (FTM) has shown significant growth over the past three months, with a steady increase in its market value. This positive momentum could indicate potential for further growth in the future.Resistance Levels: The coin has faced resistance at various price levels, with the most significant being around the $0.80 to $0.85 range. These levels may act as psychological price barriers, but they could also be potential breakout points if the price action surpasses them.Support Levels: FTM has found support at price levels between $0.60 and $0.65. These levels have been strong, with the price bouncing back up after touching them, which suggests strong buying interest and potential for future growth.Technical Indicators:Moving Averages: The coin is currently trading above its short-term and medium-term moving averages, which could indicate a bullish trend. However, it is also important to monitor its performance relative to its long-term moving average.Relative Strength Index (RSI): The RSI is near the midpoint at around 50, which suggests that the coin is neither overbought nor oversold. This could indicate potential for further price movement in either direction.Market Sentiment: The overall market sentiment for FTM has been positive, with a steady increase in trading volume and a growing number of active addresses. This suggests increasing investor interest and could be a positive indicator for future growth.Conclusion: Given the strong performance and positive momentum of FTM over the past three months, along with its current trading above key moving averages and strong support levels, there is potential for continued growth in the short term. However, it is important to monitor the coin's performance against its resistance levels and market sentiment for signs of potential reversals. Investors should also stay informed about regulatory developments and market trends that could impact the broader cryptocurrency market and, consequently, FTM's performance.
Long
by spitraberg