As BTC continues to hover at 18-20K support demand for FTM will continue to dry up. It looks to be forming a wedge that completes at the July 2021 support. This major support is very near and will act as a magnet. I think we get a good bounce from here (check my previous analysis of BTC expanding flat) and this will spark our movement up!
Fantom is following my scenario. It`s almost not consolidate under the trendline and directly break it up. It`s a good sign of the bull strength.
After reaching the $0.30 key level and our first target price made local double top and break the trendline down. It would be too obvious to break this trend line with a strong dump, since after such a serious dump...
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Hi all,
FTM completed immediate leg of ABC correction and it's expected to go for little releif upside move before further correction to begin to complete the other leg of E and complete WXY extensive correction pattern.
Our plan now is to long from the important support zone and keep an eyes on the reaction towards WEAK resistance area and finally at STRONG...
As you can see in the chart we have a structure similar to bear flag.
Also the RSI in 4h is near the upper band and probably it will break the trend soon.
Also pay attention to divergence on volume.
The context of the whole market is bearish and it seems that the try of the market to recover itself in recent days becomes more and more disappointing and probably we...
Hello everyone, let's take a look at the 1H FTM to USDT chart as you can see the price is on the border of the uptrend line.
Let's start by setting goals for the near future that we can consider:
T1 - $ 0.3734
T2 - $ 0.3460
and
T3 - $ 0.3872
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 0.2884
SL2 - $ 0.2698
SL3 - $ 0.2549
SL4 -...
$FTM is a very bullish lower cap coin. The coin definitely gives a BULL RUN when BTC STABLE and ALT Season Starts. In the previous 7 days, $FTM came back from 0.21 to 0.31, which means a 50% Gain already.
I could hold FTM for the Long term and my target will be 1.45 USDT, 1.69 USDT, 1.92 USDT
I am very bullish and expecting more than 10X profits from it...
Fantom (FTM) reach all my targets from my previous idea and even more. After the false breakout (bear trap) of the trendline all long traders bacome the fuel for the dump.
After such DUMP and volume growth we can expect local pullback. Even BTC made it after the fall to $17600. Now this is altcoins turn.
I marked the global trendline which is resistance...
Hello Traders!
FTM continues its downward price formation. Currently, the asset is testing the support level of $0.27.
The appearance of convergence on a two-day timeframe confirms the strength of a downtrend, the aggressive continuation of which will send the price to new support levels.
Soon we can assume that the downward movement will culminate in a...
FTM 1day looks super bullish backed in with increased volume through the capitulation phase Price does not even come close to reflecting what is going on for this L1 blockchain gem Parameters are reset to hold some upside after what has been a troublesome year for Fantom Initial targets on the 4h are 0.38 - 0.50 We take it from there if BTC can hold current levels...
FEDS have spoken and our sentiment is that a rebound could now continue.
Powell mentioned recession a bit more than i expected but the statement is more Dovish and i hope that the markets can see this in a positive way.
I am going Long with care and FANTOM is one of the assets I like to Buy.
One Love,
the FXPROFESSOR
Hello everybody,
FTM has finally reached the biggest support, both on the weekly and daily charts, in my opinion one of the best bets right now, with a very good r / r.
RSI divergence + MACD divergence
1st target 0.5
2nd target 0.98
stop: daily candle close below 0.19
Hi,
Let me share what is in my mind and appreciate to get your feedback.
I rather to analyze charts in upper time frames.
As you see in weekly chart, Elliot waves are very clear and visible. I believe the first wave ended and we are in the second wave (correction).
the question is: "Where should be B point?"
I tried several Fibo on chart and found 0.193$ for B....
#FTM/USDT Technical RoadMap:-
$FTM currently trading at $0.235
And Almost -95% down from Recent All Time High.
RSI also Oversold and RSI below 24 first Time in 3 Days Chart History.
I am expecting upward move till $0.34
Still Overall Bearish.
In Long Bear Market my Targets are :- $0.10 and $0.05
Let’s Wait and Watch.
But Open Any Trade with Stop Loss.
In...
BINANCE
