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FTMUST trade ideas

FTMUSDT is looking great for MEGA investments !!Hello mates, I would like you to support me by pressing the like and boost buttons. Now let us dig into our analysis about FTMUSDT on 1D time frame Fantom's financial should be enough to sustain the project for another 30 years !!. Comparing the size of Fantom's holdings with FTM's current market capitalization of $600 million and the total value locked in the project of $460 million makes it easier to make profitable investment decisions. After the bullish news FTM price skyrocketed 36.55%. If we notice the descending resistance trend line (white line) three rejections are shown (yellow arrows) and the most recent one is on the first of December. FTM price reversed from 0.16$ and reclaimed the $0.20 area in the process. Fellows, this is considered a BULLISH sign,but FTM price has to break out from the descending resistance line or the price will remain trapped within support and resistance lines. If FTMUSDT transcend the resistance line and bounced off to the 0.3$ resistance level we could see an easy bull-ride toward 0.45$. Whether it breaks out from the line or fall below the $0.20 area will determine the direction of the future trend. If we notice Stochastic RSI (at the * drawn) is showing that price may decrease before the bounce from the next strong demand zone (Yellow shaded rectangle) thus we could enter at the yellow rally flag on the stochastic RSI indicator for better profit. We could see nice spice on the volume indicator too. If you are a long term investor FTMUSDT is the right choice to invest in. Waiting for descending trend line upward-breach and then FTM is going to MARS Discrimination: The published article is NOT a financial advice, it is a well constructed analysis based on fundamentals and technical analysis.
Long
by CryptoMonstersOfficial
Fantom ( FTM ) Price Prediction 2022 ✅Fantom ( FTM ) Price Prediction 2022 ✅ Fantom ( FTM ) holds the 70th position on CoinGecko right now. FTM price prediction 2022 is explained below with a daily time frame. The falling wedge is a bullish price pattern that represents a story about the market in which bulls are preparing for another push. A falling wedge pattern is bullish , although it appears after a bearish trend . The falling wedge pattern works as both a trend work as a trend reversal and a trend continuation pattern. If the falling wedge appears in a downtrend, it is considered a reversal pattern. A falling wedge is an important technical formation that signals that the correction, or consolidation, has just ended as the asset’s price left the wedge to the upside and, in most cases, the continuation of the overall trend is taking place. ✅✅✅✅ Currently, Fantom ( FTM ) is in the range of $0.2678. If the pattern continues, the price of FTM might reach the resistance level of $0.3080 If the trend reverses, then the price of Fantom ( FTM ) may fall to $0.2594 Trade Level ✅✅✅ Entry Point : $ 0.2707 Target : $ 0.3080 Stop Loss : $ 0.2594 Happy Trading $$$
Long
by TheNewsCrypto
💡Don't miss the great buy opportunity in FTMUSD @FantomFDNTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.3121). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . FTMUSDT is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 60. Take Profits: TP1= @ 0.3578 TP2= @ 0.3878 TP3= @ 0.4310 TP4= @ 0.5228 TP5= @ 0.6147 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
fantom coin price ananlysisthe long term support of fantom is broken but one thing to keep in mind is that fantom is in oversold position in daily time frame so if price moves up and then rsi moves up then we can see a bullish crossover in stockhastic rsi as well in daily time frame leading to a bullish divergence in stock rsi. so it may also happen the price may rise anytime soon creating a fakeout . And as ftm is really undervalued as its market value is lower than the total value locked and the value locked in ftm is also increasing from may 2021 to till now from .8% to 3.8% as well asactive wallet addresses have also increased in ftm wallet and the big players are also adding ftm ad its price has decreased from1.3$ .
by dalakotianshul312
💡Don't miss the great buy opportunity in FTMUSD @FantomFDNTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.3320). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . FTMUSDT is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 57. Take Profits: TP1= @ 1.4514 TP2= @ 1.6088 TP3= @ 1.7151 TP4= @ 1.8303 TP5= @ 2.0785 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
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