FTM Fantom: In depth 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Fantom (FTMUSDT).
The chart is self-explanatory. The price is currently inside a and meeting the local support line. The price is also in the red Ichimoku Cloud. Volume is declining and price is still below the EMA ribbons. If price moves lower, keep an eye on the 200 SMA and the Danger Zone Support Line. If price moves up, the price could go up to the Local Resistance Line with the RSI, and Stoch RSI moving up. MFI is almost at resistance. If RSI and MFI fall, keep a close eye on the Important S/R Lines.
Included in the chart: Trend line, Support and Resistance Lines, Ichimoku Cloud, Volume, RSI, MFI (Money Flow Index), Descending Channel, Double Top Formation, Stochastic RSI, and EMA Ribbons, and 50 and 200 Simple Moving Average.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
Fantom
FTMUSDT : There is a potential inverse cup & handle in 4hAs the tittle in 4h chart ,there is a potential inverse cup & handle pattern .
If price break down 1(1.770) and stand firm ,trading as below .
SL: 2.4038
TP1: 1.3324
TP2: 1.1554
TP3: 0.9656
TP4: 0.7758
If you like this analysis, give it a like or share your thought or let me know what crypto TA you want to know.
BITCOIN Daily TA : 02.14.22 $BTCAs we can see that the price is in the support range of $ 42,500 and above the 50-day moving average! Now there are 2 scenarios ahead of the price, if the price can maintain this support in the next 3 days, we can have another bullish move up to $ 45,500 as the first target, even if the price loses the 50-day moving average support and If the price break it's upward trend , we can expect an further fall and sell pressure will be increase and this time there will be a possibility of a drop to $ 29,800.
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 14.Feb.22
⚠️(DYOR)
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(dashusdt) T.F(daily) TA (2/14/22)There is a downtrend to hit the resistance range where the target is again up to the resistance range if the trend line breaks and the target is 80 if the 100 support is broken.
⚠️ This Analysis will be updated ...
📊 #dashusdt (dash )
💹 Time Frame : daily
👤 hosein alizadeh
📅 2/14/22
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
YFIUSD(yearn.finance) (Which scenario will occur? Sell or buy)The trend is neutral. Which position do you choose?
⚠️ This Analysis will be updated ...
📊 #YFIUSDT (yearn.finance )
💹 Time Frame : daily
👤 hosein alizadeh
📅 2/13/22
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FTM Fantom we MUST pay attention to price here We are currently at the mid-range after spiking up and rejecting back into range. We are likely to see a bounce at the mid-range but if we are to lose this level there is a demand zone that coincides with the 50 day MA that will almost certainly get tapped. The RSI is giving mixed signals here as there is a strong bearish divergence based on the highs but a weaker hidden bullish divergence based on the lows. If we lose the mid-level I will look to sell and buy back if the range lows hold. With stocks overextended and interest rates bound to go up, we are in an uncertain place where it's better to be safe and pay attention. It's better to sell if things look bad and miss a few percent on the way up vs losing 90% of one's portfolio on the roller coaster down
FANTOM - At the SAME Level againFANTOM chart is a rather straight forward again. We are now at the same support as previously.
Good news considering the situation, to at least find support.
Looking forward to a new potential rise, so here is our updated chart and levels.
One Love,
the FXPROFESSOR
Related article:
Could Fantom Be a Multibagger?
Fantom's compatibility with Ethereum and its speed have attracted developers and investors. Today, Fantom is the world's 29th biggest cryptocurrency by market value. And it's climbed more than 19,500% since its launch in December of 2019. This crypto player has slipped in recent weeks, however, with the rest of the crypto market. But can Fantom gain ground and even become a multibagger?
Not just a single blockchain
First of all, a little background. Fantom is more of a blockchain network than just a single blockchain. Each new project results in a new blockchain, and it connects to Fantom's mainnet. Fantom stands out from rivals because of its compatibility with Ethereum. For instance, developers can write and deploy smart contracts written in Solidity (the language of Ethereum) on Fantom. This makes Fantom an easy and practical choice for developers. What also sets it apart is Lachesis, its consensus mechanism. This is the key to Fantom's speed, low cost, and security.
Like many other players, Fantom uses proof-of-stake to validate transactions. But Lachesis' process cuts down on the number of consensus messages. And that results in higher speed. While most blockchains emphasize their transactions per second, Fantom prefers the measure of time to finality: the time it takes to complete a transaction. And here, Fantom is a clear winner with transactions complete in just one second.
In recent times, users and developers have taken notice of Fantom's advantages. It is processing close to the same number of transactions per day as bigger rival Ethereum. And the blockchain even processed more on at least one recent occasion, according to data from Fantomscan and Etherscan.
Fantom recently became the world's third-biggest blockchain by total value locked. This refers to the assets held in a particular protocol. That figure totaled more than $12 billion as of late January. And last year, developers on Fantom increased fourfold to about 90, according to a developers report by Electric Capital, an early-stage venture capital firm focused on cryptocurrencies and fintech..
The coin supply
So, can all of this translate into a multibagger for investors? Let's look at it from a coin-supply perspective first. The circulating supply right now is 2.5 billion. If, for example, Fantom quadrupled from today's price, the result would be a market value of $21 billion. That would make Fantom the ninth-biggest cryptocurrency by market cap. That's entirely possible.
Now, let's look at the question from a use and investment standpoint. Here, too, Fantom has what it takes to multiply in value. As I talked about above, the network stands out from rivals and has made progress in attracting users and investors.
Of course, there are no guarantees in the cryptocurrency world. Competition is high. The industry is new. And as a result, risk is high. So never invest more than what you can afford to lose. But if you are looking for potential multibaggers, Fantom is one to add to your watch list.
BITCOIN Daily TA : 02.11.22 $BTCAs you can see, the price reacted negatively when it reached to $ 45,800 range and formed a bearish Pinbar . If the price closes below $ 42,200 , I expect it to fall to the 41K range as the first bearish target. If the price can consolidate above $ 42,200 , we can expect another bullish move, at least up to 46K.
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 11.Feb.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
FTMUSDT 2-11-2022English:
$FTM is unarguably the most undervalued of all chains. It has as many active addresses as $AVAX, and it has more TVL than $SOL. Although, $FTM Market Cap is surprisingly lower than the formers'.
Needless to say, I see $FTM and its ecosystem projects as a a really good investment alternative when compared to its peers/rivals/substitutes.
Español:
$FTM es, indiscutiblemente, el blockchain más más infravalorado de todos. Fantom tiene tantas direcciones activas como $AVAX y tiene más TVL que $SOL. Sin embargo, la capitalización de mercado de $FTM es sorprendentemente más baja que la de sus rivales mencionados.
Aunque ya está tácito, $FTM y los proyectos de su ecosistema me parecen una excelente alternativa de inversión al compararlos con sus rivales/sustitutos.
FTM/USD - Bullish Cross to take FTM to $2.6! 🚀FTM did a bullish cross on daily MACD three days ago and we appear to have plenty of space to go to the first real resistance at $2.6.
That is an easy 15% pump from here.
The price action is bullish with higher lows.
The only thing missing is more volume to propel price higher, but that may come as price develops.
For now, FTM looks interesting here and bias is bullish due to the indicators.
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FANTOM- Updated ChartMANY OF YOU HAVE ASKED ME TO UPDATE OUR FANTOM CHART, SO HERE WE ARE.
NEWS YOU PROBBALY KNOW:
Fantom overtook Binance Smart Chain (BSC) over the weekend to become the third-largest decentralized finance (DeFi) ecosystem by total value locked, data from analytics tool DeFiLlama showed.
DeFi broadly refers to smart contract-based financial services such as trading, lending and borrowing offered by blockchain projects to users.
As of Monday morning in Europe, more than $12.2 billion worth of Fantom’s FTM and other tokens were locked on 129 protocols geared toward Fantom users. That's just over $94 million locked per project on average, and it's a 52% increase in the past week and a greater than 170% increase over the past month, the data showed.
Cross-chain swap Multichain is the biggest protocol by value locked on Fantom, with over $6.97 billion worth of assets in its smart contracts. In second place is the relatively new 0xDAO, which locks over $3.91 billion, while decentralized exchange SpookySwap takes third place with just over $1 billion in locked value.
ONE LOVE,
the FXPROFESSOR