FTMUSDT trade ideas
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.
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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🌴
FTM TRADE IDEA#FTM has bounced off the demand zone, forming a double bottom, which is a classic reversal pattern. This suggests a potential upside movement.
Expecting Targets 0.60, 0.70, 0.80
This analysis invalidates if FTM price goes below 0.30
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 cup & handle patternBYBIT:FTMUSDT.P
FTM is forming 1day bullish pattern called cup and handle and it will give good return on breakout it can pump to 200% more on pattern breakout
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.
Fantom/FTM USDT Fantom USDT
- Fantom has already printed 100% from it's bear market low
- Fantom can easily move to 0.52$ with some deep Retracement's
- Make sure that you are not ENTERING anywhere you are told to
- 0.25-0.30 is a good value zone to hold Fantom for mid term
Fantom USDT - Fantom is managed by the best DE-FI developer Andre Cronje.
- Fantom has a solid ecosystem.
- Bear Run made it look very gloomy.
- The next Bull Run will be interesting for Fantom.
- In my opinion, Fantom has a straight short-term swing target of 0.33-0.38$ which depicts an upsurge of 42-50%.
- Do not get carried away by the returns and potential left inside this with a narrow view, the Crypto market is highly volatile so always be prepared for the worst as well.
- Enter this swing or accumulate this for the long term only with a view of 6-12 months in order to gain fantastic returns.
- Not Financial Advice, always research more about the same on Coinmarketcap.
- Stay Safe and follow me for Crypto, Stocks, Forex, and Commodities updates.
- #BTC #crypto #Trading signals
Fantom Elliot Wave TheoryFantom looking bullish on the weekly chart price retraced back to the 32.8% fibonachi retracement. I believe we are at the finishing of wave 4 out of the 5 wave Elliot wave theory.
Looking back in August 2020 we top out and retrace exactly at the 38.2% fibonachi retracement, if history repeat we are likely bottom. After all we are still in a daily uptrend. We would like to see the weekly candle ending 25/7/2021
at around currently price which will print a dragonfly doji candle (bullish candle). RSI on the weekly seem to coincide with the bottom of August 2020. Also it looks like we touch the bottom of the keltner channel as support on the weekly also which also coincide with the August 2020 lows.
Happy Trading.
FTM USDT ANALYSIS 🔥FTM USDT pairs is looking small bullish on point of middle zone support & resistance. Waiting for breakout.
If you want to take a small leverage long trade on it then you can.
FTM Potential Short!- After the drop FTM broke the major Daily support level. The same level is now resistance on 1Hr, 4Hr and Daily time frame!
- Retested Multiple times
- Bearish momentum on resistance
Expecting another Drop on FTM
Fantom USDT Binance Perpetual Futures Provided is the $FTM chart for Long Term View
As you can see two trendlines from 2021 acting as Support and resistance
FTM 4H TF Analysis FTM has broken the accumulation range on 4H TF. We can expect the targets as shown on chart.
