Every since the start of April FTM has been trading under the dotted top resistance trend line. With BTC appearing more bullish, alts are looking for bullish formations as well.
FTM has been lagging most alts. Historically FTM has been one of the most volatile alts, so my assumption is that FTM will soon catch-up to the market and make a big bullish...
It can be very risky!!!
But I still don't have a signal to form a bearish trend, and until the upward trend line is broken, I have the view of the price being bullish, up to the yellow range ($0.3).
Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for FTMUSDT
Here you see R1 which used to be a support area and the price was supported several times and then at its last rejection, it reached S1. Obviously, S1, S2, and S3 are our support areas and they all include the support of the price at some points. In...
Hey guys
We came back to the FANTOM. With the recent pump that BTC had the FTM has followed and now has formed a nice pattern that we would like to take as a confirmation of bouncing out of that line we drew. We are rejoining FTM in the red box and if it break below that we will re-enter around $0.216. Target is not set but we aim to get at least 20% here
If...
1) Go to settings
2) Type Dark or color and select "turn on dark mode system wide" or "choose your accent color"
3) Select "dark" in the drop down for "Choose you color"
4) Close and reopen The application .
If the background of the chart is still in light mode:
1) Go to Tradingview in your browser, dark mode should be on. If not turn it on.
2) Right click your...
new breakout attempt for FANTOM as it has just managed to breach over 0.2565 resistance.
At this stage we can be Long again over here with SL just below 0.253 and take profit at 0.2785 and 0.3050
DYOR, trading is not for most people.
One Love,
the FXPROFESSOR
Hello Traders !!
Feels like BINANCE:FTMUSDT having a Falling wedge getting formed on 4H timeframe !!
Fantom went down massively before even BTC start to fall.
Surely we all know that 1- Falling wedge is a bullish pattern 2- the target for the falling wedge will be the top of the wedge
Will FTM do it ? OR we gonna get a new low ?
What do you think ?
Thumb...
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...
i see these buying zones for FTM :
1- (0.193-0.1550) (DCA) 20%
2- (0.056 - 0.04 ) (DCA) 80%
other support zones , are unlikely to be reached , only if something very bad happen to bitcoin and the crypto market !
strong supports zones are indicated in red (strength mesured from 1/10 to 10/10)
lines in red are ichimoku kijun support lines (daily ) .
Of course...
hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(FTMUSDT 1W chart)
Whether or not it can move higher than 0.6947 is crucial.
To do this, it is necessary to check whether it can be supported above 0.0160.
(1D chart)
The key is to find...
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!
The FTM price has entered the historical oversold zone, now the asset is the same as a year ago, the chart shows that in 2021, in the month of June, gradual consolidation began.
I think there will still be a slight drop, around $0.19
You can buy on average for 2-3 months.
✅Do not forget to visit the channel, there is a lot of useful information about trading.
Over the last couple of days, FTM (and many other alts) seem to be holding up quite well, even with BTC dumping hard.
However, I think that this relief is only temporary. FTM has been forming a bear-flag over the last couple of days, which I think will break bearish sooner or later.
Hard to say when it exactly will break down, since we can still re-test the top...
Hello friends, today you can review the technical analysis idea on a 1M linear scale chart for Fantom (FTMUSDT).
The chart is self-explanatory. With the crypto market going through a correction, Fantom may still have downside to go. See where I believe there may be strong support and possible bottom.
Included in the chart: Trend line, Support and Resistance...
BINANCE
