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FTM/USDT 1DInterval Resistance and SupportHello everyone, I invite you to review the FTM chart this time on a one-day interval. As we can see, the price is moving in the downtrend channel, which we have marked with blue lines. Let's start by marking the support spots for the price and we see that we have the first support at $0.35, the second very strong support at $0.27, and the next support at $0.16. Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that first we have a resistance zone from $0.44 to $0.48, then we have resistance at $0.51, then we have a second strong resistance zone from $0.55 to $0.59, once price breaks it it will move towards resistance at $0.65 . It is worth paying attention to the EMA Cross 10 and 30, which clearly indicate the place of entering the downtrend. The CHOP index indicates that there is some energy left for further movement, the MACD indicates the continuation of the downward trend, while the RSI is moving in the lower part of the range and is approaching the lower limit, thus creating room for new increases.
by cryptodailyuk
FTM/USDT 4HInterval Resistance and SupportThe last one in today's chart is the FTM vs. USDT chart. First, we will use the white line to mark the main trend that the price must overcome, but locally, with the blue lines, we will mark the downtrend channel in which the price is fighting for an uptrend. Moving on, we can move on to marking the places of support. And here we can immediately see that the support at $0.41 is very strong and held the price, but looking further, the next support is at $0.36. Looking the other way, we see that the price has hit an important resistance zone from $0.43 to $0.46 that it has to face. Then we have resistance at $0.48, then a second zone from $0.50 to $0.53, and another resistance at $0.57. Please take a look at the CHOP index, which indicates that we have a lot of energy for the upcoming move, the MACD indicates that we are moving in a local uptrend, while the RSI has gone to the middle of the range and there is still room for further increases.
by cryptodailyuk
FTMUSDT (FANTOM) Daily: 04/03/2023: 🔴Please read the caption🔴 The bears show weakness on the Fantom chart. The price had a bullish reaction after collecting liquidity below 0.411 and a low time frame demand zone supported the price very well. On the other hand, there is a huge liquidity pool above 0.4762 that can be interesting for the price. For that, the price can re-test the demand zone or rise from here. The final target can be the supply zone 💥Important note: It is a high-risk opportunity, and if the price breaks the demand zone, this TA is invalid.💥 💡Wait for the update! 🗓️04/03/2023 🔎 DYOR 💌It is my honor to share your comments with me💌
Long
by VahidTradingCR
1
🔥SHIB TARGETS ARE HIGHER BY AT LEAST 20%!🔥 Hi friends! Shiba Inu made a pullback with other altcoins and Bitcoin. The news about Silvergate bankruptcy made a bad influence on the whole market. They failed to file their annual report, citing a regulatory investigation - they are likely insolvent and have already lost most of their partners (Coinbase, Paxos, etc.). It gives a chance to open a nice long, but we need more positive preconditions which I mention in my trading plan. 📊 TRADING PLAN FOR SHIB: 🔥 false breakout of the local low ($0.0109) and return the price above this level 🔥 volume growth is already happening, so it's a good reversal sign 🔥 bullish BTC 🚩 Friends, I use DOM and Footrpint scalping tools to track where the big guys sell and buy coins. If I will see that big guys buy SHIB during the false breakout, I will open my long with a short sl. These are very useful indicators. ✅ MY TARGETS FOR SHIB: 1. $0.0119-0.0125 - the value area and huge resistance (book 40-50% of profit here) 2. $0.014 - the key level 3. $0.0158 - the key level and local highs What is your thoughts about BTC and altcoin? Will it go down or up? Write in the comments! I want to know the mood of my dear followers! 💻Friends, press the "boost"🚀 button, write comments, and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
4
🔥DOGE MAKES A FALSE BREAKOUT: WHAT TARGETS CAN IT REACH?🔥Hi, friends! Dogecoin is ready to explode soon because of false breakout of local low. This is one of the most powerful trading patterns! So in this idea, I will show you the best entry point to long. Read to the end! 📊 MY TRADING PLAN FOR DOGE: 🔥 a pullback to $0.079-0.081 value area 🔥 bullish BTC 🔥 huge buy orders on DOM and Footrpint scalping tools which helps me to track the big guys and open a trade with them 🚩 Friends, one more pullback is highly possible, because I expect BTC to trap long traders one more time. The BTC pullback leads the 99% alts to make a pullback too. DOGE can possibly reach $0.071-0.074. This is one more place to open a long with great RR potential. ✅ MY TARGETS FOR DOGE: 1. $0.1 - the local highs 2. $0.11 - the closest key level 3. $0.136 - the key level Traders, how do you think the upcoming pump will be related to the launch of cryptocurrency payments on Twitter? Write in the comments! 💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
2
🔥FANTOM WILL BE A TOP GAINER SOON. BEST PLACE TO OPEN A LONG!🔥Hi, friends! Fantom was the top gainer before the pullback. Almost 200% from the bottom. I think that after this pullback, we will see one more pump of this alt. So I recommend you not to miss the entry point. 📊 TRADING PLAN FOR FTM: 🔥 test the $0.44-0.45 value area as the support 🔥 volume growth means that the bottom for FTM reached 🔥 bullish BTC 🚩 The $0.41 key level is a second possible entry point. Pay attention to this too! ✅ THE MAIN TARGETS FOR FTM: 1. $0.6 - the key level and local highs 2. $0.65 - the key level and local highs 3. $0.75 - the key level Traders, what are your expectations for FTM? Will it reach $1 at this local bull market? Write in the comments! 💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
4
To get out of the bottom section...Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (FTMBTC 1W chart) The question is whether the price can sustain it by rising above 0.0000 2029. ---------------------------------------- Depending on how the candle closes this week, we can see that the HA-High indicator on the 1W chart forms at the 0.4808 point. If the price is maintained above the HA-High indicator on the 1W chart, it is expected to continue its mid- to long-term upward trend. ---------------------------------------- (FTMUSDT 1D chart) The question is whether the price can sustain its rise above 0.5366. If it rises above 0.5366, it is expected to break out of the bottom. A full-fledged uptrend is expected to be possible when the price maintains a move above 0.7534. It needs to be confirmed that it can rise with support around 0.4257-0.4417. If not, it is likely to fall to around 0.3339. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ---------------------------------
by readCrypto
🔥dYdX MAKE A PULLBACK: THE BEST PLACE TO OPEN A LONG!🔥 Hi friends! dYdX made +200% from the entry point at $1.01. Now, we see that trend is fading. I explain my expectation for dYdX in this idea. Read to the end! 🚩 Why do I think that pullback is possible? The main precondition is a volume growth at highs. As you can see on the chart when volume goes up at highs so the price goes down. 📊 TRADING PLAN FOR DYDX: 🔥 pullback to $2.3-2.5 value area 🔥 volume growth at the bottom confirms the presence of buyers 🔥 bullish BTC is a must-have for altcoins growth ✅ MY TARGETS FOR DYDX: 1. $3.62 - the key levels and local highs 2. $5.3 - the key level 3. $7.3 -the key level Friends, what did you trade dYdX previously? Write in the comments! This is DEX (decentralized exchange) which will be the top gainer in case of crypto regulation. 💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
2
FTM FANTOM its time to go up +50% +++Fantom is a highly scalable blockchain platform for DeFi, crypto dApps, and enterprise applications. **** What is FTM used for? Résultat de recherche d'images pour "fantom FTM what is" FTM is used for network fees, such as transaction fees and fees to deploy smart contracts or to create new networks. Without a minimum barrier, the network would be an easy target for spam, ultimately hampering the performance and filling the ledger with useless information. *** FTM - Long rough Idea This is an update for FTM - This is my expected price action for the coming days. I WILL FOLLOW FOR THE NEXT BIG POTENTIAL PUMP/DUMP. Let's see how it plays out, Thanks for your comments. *Always use stop loss/Risk Management
FLong
by brunowest1982
FTM/USDT 4HInterval Resistance and SupportHello everyone, I invite you to review the FTM chart in hand to USDT, taking into account the interval of four hours. First of all, with the help of blue lines, we will mark the inheritance trend channel, in which the price is currently moving. Going further we can go to select the places, for this we will use the Trend Fib Extension Trend tool. And here the first support is at a price of $ 0.45, we have the second support at the price of $ 0.41, and then the third support at $ 0.36. Looking the other way, we see that the price cannot break the first resistance zone from $ 0.48 to $ 0.50. However, if you can get out of the downward channel and pierce the resistance zone, the next zone is from $ 0.53 to $ 0.55, when the price overcomes it, the third resistance is at $ 0.58 and the fourth at $ 0.62. Please look at the Index Chop, which indicates that we have a lot of energy for the upcoming movement, MacD indicates that we maintain a local upward trend, while we have a relaxation to RSI and move in the lower part of the range, which may indicate upcoming growth.
by cryptodailyuk
1
FTM Cup& Handle!KUCOIN:FTMUSDT FTM is sitting in a 4h Cup & Handle. Could print double bottom for bottoming out structure which would still be a higher low from previous double bottom. Look to enter break level. SPX at 200D as support though futures has opened so far. If you liked this idea or if you have your own opinion about it, write in the comments. The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
Long
by imr4nkh8n
FTM is Trapped, What Now?FTM is trapped between two levels, so what happens now? What is FMT? Fantom (FTM) is a decentralized blockchain platform designed to facilitate instant transactions at low fees, making it ideal for businesses and developers who need to process large volumes of transactions. FTM’s current situation FTM experienced an impressive rally recently, with its value increasing by 220% from January 1 to February 3. Despite this surge, FTM is still priced relatively low compared to its all-time high, which would require a further 600% increase in value to reach. However, FTM has been struggling to break above the $0.66 resistance level and is currently trapped between the $0.66 resistance and the $0.40 support. If FTM manages to break through the current resistance level, the next levels it would have to overcome are $1.00 and $1.60. On the downside, if FTM breaks below the $0.40 support, $0.165 is the next significant support level. However, given the current market conditions, it is unlikely that the price will drop that low. Instead, the 200 Simple Moving Average (SMA), which acts as a mobile support and resistance, is a more probable level of support. Bottom Line: FTM is an exciting cryptocurrency to watch as it continues to gain popularity and attract investors. Its low transaction fees and fast transaction times make it an attractive option for businesses and developers. However, as with any investment, it's essential to do your research and proceed with caution before investing in FTM or any other asset.
by cryptohopper
1