#Fantom Accumulation Zone Revealed: Why I’m Expecting 12x Return#Fantom Accumulation Zone Revealed: Why I’m Expecting 12x Returns 🔥
FTM/USDT Bullish Chart Analysis: Accumulation Zone & Targets
#FTM Bullish Analysis
🔹 UPCOM:FTM has been on an uptrend for the past 7-10 days, currently up 60% in the last 10 days.
🔹 I’m waiting for a dip to buy in my accumulation zone, which is the green box between $0.78 - $0.60.
▪️ Targets: $2/$3.3/$5/$6/$10
▪️ Stop Loss: $0.53
I’m expecting 12x gains from my accumulation zone. I'm super bullish on FTM/USDT in this bull run.
📢 Reminder:
▪️ Don’t go all-in on a single coin. Diversify your investments.
▪️ This is not financial advice. Always DYOR before investing in any cryptocurrency!
What’s your take on FTM? Let’s discuss! 👇
FTMUSDT
Fantom (FTM/USDT) – Daily Timeframe AnalysisCurrently, Fantom (FTM) is forming an inverse head-and-shoulders pattern on the daily chart, a traditionally bullish reversal signal. The key support and resistance levels have been highlighted, along with an order block for potential exit points. Based on market dynamics, I'm anticipating a minor pullback before a continuation of the uptrend, as reflected by the money flow and wave trend indicators, both pointing upwards.
Upcoming Market Considerations:
The upcoming FOMC meeting, scheduled for September 17-18, may introduce heightened volatility across global markets, including the cryptocurrency sector. A potential rate cut is being speculated, which could catalyze a short-term rally in Bitcoin and altcoins, potentially followed by a broader correction.
Disclaimer:
This analysis is for informational purposes only and should not be considered as financial advice. Please ensure thorough research and risk management before making any trading decisions.
Is FTMUSDT About to Make a Major Move?Yello Paradisers! Are you ready for what could be a significant bullish move on FTMUSDT? Let’s dive into the chart and break it down.
💎FTMUSDT has been following a descending channel and recently formed an inverse head and shoulders pattern, which increases the probability of a bullish breakout.
💎If FTMUSDT breaks out and closes a candle above the resistance zone, this will validate both the inverse head and shoulders pattern and the descending channel, giving us a stronger confirmation of a potential bullish move.
💎On the other hand, if we see a pullback from the current level, we could expect a bounce from the support zone, potentially forming a double bottom pattern. However, to increase our confidence in a bullish reversal, we’ll need to see an I-CHoCH (internal change of character) signaling a shift in market structure.
💎But remember, if FTMUSDT breaks down and closes a candle below the support zone, this would invalidate our bullish scenario entirely.
🎖 That’s why, Paradisers, patience and discipline are key. Always wait for clear confirmations before taking action. Consistency is the way to long-term profitability in this market!
MyCryptoParadise
iFeel the success🌴
Get ready for potential action with FTMUSDT💎 Paradisers, #FTM is currently exhibiting a bullish market structure, with the price approaching the Bullish Order Block (OB).
💎If #FTMUSDT displays a Change of Character (CHoCH) and Break of Structure (BOS) within this zone, we can anticipate a rise up to the next swing resistance.
💎Should the bullish OB breakdown occur without any CHoCH and BOS on the bullish side, a bounce from the demand area might be expected; however, confirmation is necessary before making any entries.
💎If both the bullish OB and demand area break down, it would be prudent to wait for more favorable price action to develop.
FTM: Bullish Breakout Imminent! Watch for Confirmation💎 FTM has recently broken out of a descending channel by forming a W pattern on the 200 EMA. Additionally, the price has exhibited Change of Character (CHoCH) and Break of Structure (BOS), indicating a shift towards a bullish market structure.
💎Currently, I anticipate a retracement on FTMUSDT towards the Bullish Order Block (OB), which is also supported by the Fibonacci 0.618 level and the 200 EMA. Prices near this level may show a bounce, but it's advisable to wait for confirmation through bullish candlestick formations.
💎If the price directly breaks the first resistance level, it can be considered a bullish structure, further increasing the probability of a bullish trend continuation.
💎However, if FTMUSDT breaks down directly below the bullish OB, it would be prudent to exercise caution and potentially avoid trading FTM until clearer market signals emerge.
Bitcoin Trade Setup Bitcoin pierced through all the highs.
- I think the volume of the pump was quite strong.
- 10% JUMP in BTC clearing all the supply looks very interesting
- Alts to watch out for are the current outperformers, FTM, LINK, INJ, APT.
- BTC is at a crucial level let a weekly candle close above 33k, before adding any size.
- Do not FOMO in.
FTM Short right now.
FTM giving a sell signal now declining right above the downtrend line.
For now making the wick inside the downtrend line. You can still enter at market price.
The risk reward sounds too good to be true. I'm in, if it breaks upwards, I'll come out quickly.
In my reading it is 60%-40% in favor of the bears.
Trade with your face on the screen, at 2 hours you can still wait for the candle to close to confirm, of course.
Not a financial advice.