Get started

Fantom / TetherUS

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

FTMUSDT trade ideas

FTM/USDT bullish move from key support? 🚀 FTM Analysis💎 Paradisers, turn your attention to #FTMUSDT, as it shows signs of a bullish resurgence from a significant support level. 💎 In the dynamic world of cryptocurrencies, #Fantom has experienced fluctuations but is now poised at a crucial support zone of $0.4165. If #FTM can firmly establish itself above this threshold, we may see a vigorous rally towards the resistance level of $0.5607, signaling a bullish phase in its trajectory. 💎 Given the unpredictable nature of the crypto market, flexibility and adaptability in your strategy are paramount. Should UPCOM:FTM struggle to secure its position at this pivotal support, it might be time to consider an alternate approach. 💎 Plan B involves a strategic pivot, focusing on a bullish revival from the lower support level at $0.3431. Monitoring this level is vital, as falling below it could suggest a shift towards bearish trends. Keep your wits about you, Paradisers, as we journey through the fascinating landscape of the #FTM market.. 🌴💰
Long
by MyCryptoParadise_Simon
FTM to continue uptrend despite traders' profit-taking With BTC is in price discovery, FTM looks to be taking the opportunity to continue following the uptrend as price action remains above the Ichimoku cloud. Profit-taking has lowered the price but the outlook is still bullish according. Stochastic RSI shows a downtrend to *possible* buying opportunity but will most likely continue sideways as BTC also moves sideways after recently touching ATH. In any case, personally, I'll be hodling and waiting to increase my bag when th opportunity arises.
by cointradergeek
🚀 FTM (Fantom) Trade Setup 🚀📊 Analysis: Breakout Confirmation: FTM has broken the $0.60 area of resistance and flipped it into support, indicating potential for trend continuation. Buy Zone Retest: Look for any retest of the buy zone to gain market exposure. Entry the trade between $0.63 - $0.715 Initial Take Profit: Target the next area of resistance around $1 as an initial TP area. Extended Take Profit: Consider extending the take profit to $1.6 for additional gains. Stop Loss: Set the stop loss just below the $0.55 level to manage potential losses. 🌐 Note: Stay updated on market conditions and adapt your strategy as needed.
Long
by Richtv_official
FTMUSDT.1DBased on the given market data, the FTM/USDT pair is currently trading at a price of 0.79 USDT. The Relative Strength Index (RSI) on the 4-hour, daily, and weekly charts suggest that the pair is somewhat overbought, with the RSI values being 63.11, 82.59, and 78.46 respectively. An RSI above 70 usually indicates overbought conditions, suggesting a potential price correction in the future. The Moving Average Convergence Divergence (MACD) on the 4-hour, daily and weekly charts are positive, indicating bullish momentum in the short, medium, and long term. However, as the RSI is high, the bullish momentum may slow down or reverse due to potential overbuying. The Bollinger Bands (Bb) on the 4-hour and daily charts are 0.85, suggesting that the pair is trading near the upper band, another sign of overbuying. However, on the weekly chart, the Bb is 1.010, which is above the current price, indicating that there may be room for upward movement. The support levels on the 4-hour, daily, and weekly charts are 0.63, 0.68, and 0.59 respectively, which could provide a safety net if the price starts to fall. The resistance levels on the 4-hour, daily, and weekly charts are 0.95, 1.113, and 1.11 respectively, indicating potential targets for the price to reach if the bullish momentum continues. In conclusion, while there are bullish signs for FTM/USDT in the short, medium, and long term, the overbought conditions suggest caution. It may be wise to wait for a potential price correction before considering a long position. However, if the price breaks the resistance levels, it could potentially continue its upward trend. Please note that this analysis is based on the current market data and does not take into account potential future events or changes in market conditions. Always do your own research and consider your risk tolerance before making investment decisions.
by MarsSignals
1