🔍 Let's conduct an in-depth analysis of the esteemed cryptocurrency, FTM, and identify our potential setups in the lower timeframes.
📊 In the weekly timeframe, contrary to the majority of coins, FTM has broken free from its prolonged weekly range after approximately 600 days, advancing towards the significant resistance level of 1.0950. This bullish movement...
I don't think It will give you a chance to buy in a big retracement.
It doesn't look like touch the low again and check the support(Yellow line)
so you can set buy on here and set a stop-loss appropriately.
Trend is so bullish that it will touch weekly resistance zone.
There is a difference from other altcoins.
FTM has been trading in a very strong bullish trend since October of last year. This analysis is based on the idea that FTM will keep trading alongside the bottom purple support.
I'm waiting for a minor sell-off towards the entry, or when the price hits the bottom support line. Target at 2$ and the stop below the most recent local low.
The stop is very tight....
FTMUSDT was being accumulated from couple of weeks and was traded in range bound.
later buyers took the charge and decided to put it in clear direction and has given breakout of range tight market.
Breakout is seems very strong and if this breakout sustains then the next upside target could be
1.05 which is decent 30%.
FTMUSDT broke out from it's long bull flag. There are 3 confirmations which lead me to open this long trade.
Bounced
- from the 0.786 fib level
- from upward diagonal support
- from the diagonal support which was the resistance last year in Feb 2023
Entry: 0.76
TP: 1.95
SL: 0.618
It's a swing trade and could take weeks to play out. Will keep on updating on this thread.
#FTM
The price is moving in a bearish channel on the 12-hour frame and is largely sticking to it
We have a green support area at 0.5500 that is expected to be bounced from due to its strength
We have a trend to hold above the Moving Average 100, which is strong support for the rise
We have very strong oversold resistance on the RSI indicator to support the rise...
Posted this one a bit late here but we are long on FTM.
Backtest of key ice line is a massive indicator. Within the triangle also above the demand line suggests strength.
#FTMUSDT
UPDATE
Hey dear traders hope you are enjoying trading and analysis with our team. we are here to discuss about FTMUSDT
Falling wedge breakout done in 12h Time frame ✅
Expecting massive Bullish wave 🚀
Welcome, Trader. Welcome to our crypto community! 🚀We are delighted to welcome you, whether you are an experienced trader or new to cryptocurrency.
We are willing to discuss #FTMUSDT💹.
#FTMUSDT 🔥🚀.
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Update:
Time Frame: weekly
➡️ FTMUSDT has formed a consolidation zone. ➡️ Breakout confirmation is already completed 🚀.
➡️ Retest confirmation is...
#FTM/USDT is testing the Diagonal Trendline in 4-Hour TF!
UPCOM:FTM needs to clear the Diagonal Trendline to gain the bullish momentum. Wait for BO/retest to open a long position. The local resistance level is $0.7485.
📈 The Price Perfectly Breakout From The Main Trend Line And Pullback Above It, Currently There Is a Nice Bounce From The Pullback Area And Its a Sign Of The New Bullish Trend
👉 Expect a Bullish Move Toward a 1.1$ And 1.4$ As a Next Targets
ftm currency is in an ascending channel with a strong ascending channel that we expect to break the ceiling of the channel and continue its upward movement.
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...
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...
