FTMUSDT has reached a strong support zone, which is also serving as an important support level. The recommendation is to shift attention to a zone identified as the Neckline, with the immediate Buy Back zone marked as an area for replenishing holdings for those not currently invested in the coin.
The final setup target is projected to be around the determinant...
FTM! boolish! the BTC dominance will be decreasing the following days, so we can see some price recovery in alts (I think) AVAX, and more alts seems identical
💎 Paradisers, #FTM is indeed catching the eye as a coin worth monitoring closely.
💎 After facing rejection at the resistance area, it appears poised to revisit the support region around 0.568 in search of renewed momentum.
💎 Should FTM successfully find support and bounce from this level, it could potentially form a double bottom pattern, with the neckline...
FTM has very well performed recent weeks.
Prices are at weekly resistance. On lower time-frame (4H), a double-top pattern was formed and the neckline was broken.
In my opinion, we would open a Short (as in chart) and/or specially wait for prices to fall around $0.55-$0.65 to accumulate FTM for a long-term investment (targeting $3 and above).
It's important...
Layer-1 blockchain Fantom ( UPCOM:FTM ) is pioneering the idea of “safer meme coins” by setting aside $6.5 million worth of its native Fantom ( UPCOM:FTM ) token as a reward to devs as it tries to get a slice of the nearly $50 billion sector.
Fantom Foundation CEO Michael Kong said he wants to create "an environment where people can launch what we call ‘safer...
🔍In today's analysis, we observe a continuation of yesterday's market movement, characterized by a minor downward trend. Yesterday's correctionary movement, as discussed in our previous analysis, has extended into the London time frame today. This movement has nullified all corrections suggested yesterday, indicating the potential for a second wave of decline in...
it's bearish in midterm you can take and manage your position if you get your short setup...
at this time, the volume has decreased and has gotten choppy...
Trade Overview:
FTM is forming a bearish wedge pattern, suggesting a potential downward move, particularly with the anticipation of bearish news this week.
Trade Strategy:
Entry: Consider laddering into spot positions between $0.55 to $0.45, allocating 50% of the position within this zone.
Confirmation: Look for price to close above the 200-day MA on the daily...
FTM has breached its main support level on the daily chart, turning this former support into resistance. The price is currently in the designated blue zone, signaling a potential entry point for short positions. Investors are advised to implement strict risk management strategies, including placing stop-loss orders just above the blue zone to limit potential...
#FTM/USDT
SPOT or Low Leverage Swing Long
Limit orders (grey):
0.349
0.489
0.61
Targets (green):
0.7516
1.0654
1.4254
1.8315
2.2469 is the target to break for new ATH
SL:
0.2627
KUCOIN: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...
In my opinion, ftm is in a box in the 1-hour time frame and when it wants to break out of the box and open a long position with the break of 0.7803, we can enter. I prefer to open a short position on another coin.
Hey traders
look at the Fantom in 15m TF
almost BO the bearish parallel channel
Next target will b the supply zone same as the chart
what u think ? share ur chart n leave a comment
FTM is setting up a nice consolidation to continue the up trend in the long run. However, in the short term we will experience sideways to down action.
As shown in the chart, we are seeing the money flow come down, VWAP about to cross zero line and MOM (modified macd) signal crossing below. These all indicate the potential down price action in the coming weeks....
☀️In today's analysis, we dive into the realm of Fantom (FTM), a coin exhibiting promising potential in the market. Focusing on the daily timeframe, we dissect FTM's price action and chart patterns to uncover strategic entry points for traders seeking bullish opportunities.
📈Since October last year, FTM has delivered remarkable gains, surging approximately 570%...
