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.
FTMUSDT is trading in PRZ, having bearish divergence on RSI, we can anticipate the change of trend and after the break of HL, we will short it.
🔍 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...
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....
The crypto market is in a general uptrend so we can expect coins to rally until BTC reverses. BTC had a slight retrace, bringing alts down to a key support zone. FTM is now within said support and is preparing for a rally as BTC is recovering from its retracement.
I have spotted an interesting formation on this crypto pair. I believe we should go short now. Please feel free to comment :)
On 4h TF FTM is creating a candle long wick on the support so I think FTM can bounce back from this support, just wait confirmation Time will tell
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.
#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...
Trading Alpha is giving bullish signals across the board on many altcoins and FTM is one of my favorites. We have grey dots after a grey tear drop and grey arrow and a squeeze shade. Very, very clear. Now we are trading above support with the trackline turning green and curling up. My target is $1.22, the highs. If it comes, a dip to test support around .80...
FTMUSDT broke out from it's long bull flag. There are 3 confirmations which lead me to open this long trade. Bounced - from the 0.786 fib level - from upward diagonal support - from the diagonal support which was the resistance last year in Feb 2023 Entry: 0.76 TP: 1.95 SL: 0.618 It's a swing trade and could take weeks to play out. Will keep on updating on this thread.
📈 The Price Perfectly Breakout From The Main Trend Line And Pullback Above It, Currently There Is a Nice Bounce From The Pullback Area And Its a Sign Of The New Bullish Trend 👉 Expect a Bullish Move Toward a 1.1$ And 1.4$ As a Next Targets
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...
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.
Fantom is changing it's momentum to bullish ! 4H and 1H time frames are Bullish ! So , It's time to Buy FTMUSDT and Make some money!
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%.
If you're looking to trade FTM at the moment, here's a quick setup that you might find helpful! The idea is: Buy when the price breaks above 0.734$ and take profits at the levels shown in the chart. Targets: 1. 0.748$ 2. 0.784$ 3. 0.82$ ------------------------------------------- About our trades: Our success rate is notably high, with 10 out of 11...