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FTMUSDT trade ideas

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.
Editors' picks
by MyCryptoParadise_Nathan
2
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.
Long
by MyCryptoParadise_Nathan
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
Long
by VKtradesimbalance
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.
Long
by filllintheblank
1