Fantomcoin
Fantom (FTM) formed bullish Gartley for upto 1808% big moveHi dear patrons, hope you are well and welcome to the new trade setup of the Fantom ( FTM ) coin.
Previously we had a nice trade of FTM:
Now on a monthly time frame, FTM has formed a big bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with the trade
Fantom back to ATH's but at least to $1 - FTM I like the fundamentals of Fantom and out of all the major coins on major exchanges Fantom is one of the highest returns back to ATH's, 14X's currently. I think alts will see ATH's. If this doesn't workout I think it at least has a return to $1 to re-test the breakdown which would be a 4x from here. I like the look when coins hit major Demand areas.
FANTOM the last chance (bottom) and the range market 📖🚀Hello 🐋
Based on the chart, the price is close to the major support (bottom) or better to say the previous zone that started its amazing pump to the upside ✔️
we
expect to see gain besides the range market is acceptable scenario too 📖💡🚀
and
if the price break the rang area to the upside, we will see more gain 🚀
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
FTM Fantom: Monthly Chart Hello friends, today you can review the technical analysis idea on a 1M linear scale chart for Fantom (FTMUSDT).
The chart is self-explanatory. With the crypto market going through a correction, Fantom may still have downside to go. See where I believe there may be strong support and possible bottom.
Included in the chart: Trend line, Support and Resistance Lines, and Volume.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. More ideas 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
FTMHello guys,
there is a good chance that Ftm goes up to the 0.81 $ and then a decrease to 0.17-0.18 $ zone.
but before this we probably would have a short to 0.29 $ or even lower 0.26$
chart time frame is weekly
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I hope you guys enjoy :)
FANTOMFTM/USDT is now on support zone maybe will test resistance and will go down or breakout and drop down
FTM/USDT BUYING SETUP$FTM Look's like make a bullish pennant. big volume on support , close with bullish enqulfing on support line. Potensial breakout
Buy zone : 0.365 - 0.34
Target : 0.3817 - 0.3994 - 0.4348 - 0.4747 - 0.5233
Stop : 0.32
ftm road to 0,20$ -FTM SHORT DYORftm road to 0,20$ -FTM SHORTftm road to 0,20$ -FTM SHORT
not financial advice
FANTOM- Time to Buy The Dip FANTOM Could be next to Pump.
Apart from the market's overall correction in April, Fantom ended up having extra reasons to suffer; named Cronje.
At this stage we see 99cents being the critical resistance which at least should be checked...and most likely breached over.
Let's see how the market does today and take it step by step but remember this: FANTOM deserves to shine again and it will.. sooner than later.
One Love,
the FXPROFESSOR
FTM UPDATE📊 $FTM UPDATE 📊
Currency Pair: $FTM/USDT ✅
Direction: Long Term
Position Size: 10%
Risk: Medium
Expected Price: 0.8899 to 1.0894
Breakeven Point: 0.6556
FTM/USDT ChartHi, I try to post often so if you could follow and like it would mean a lot to me.*
FTM has been droping for a while and it can drop even more. However with the low volume that is going on any trade is welcome. FTM is undervalued in the 1D chart and in the 4H chart so I am preety confident that in the short/mid term the coin will perform well. I don't think that FTM will run again so this is just based a lower time frame trade. MACD is also looking strong. I expect higher volume in the next hours so don't miss on this long oportunity. Be careful and don't trade with high leverage. Comment what you think.
* Its been a while since my last post and I apologise for that. I have been really busy in the past weeks and my next 2 months will be exactly the same. I didn't spend enough time to research for ideas that I think that are worth posting and with low volume trading became even harder. I will try to stream every friday but I can't promise anything. I am truly sorry and when I can I will make a huge comeback for sure
FANTOM BEATS ETHEREUMWhile Ethereum struggles with high gas fees and the switch from pow to pos , Fantom is way more utile than ETH till they upgrade to ETH 2.0 maybe in 2023. For those who don't know about FANTOM here is a brief definition from cmc:
Fantom is an open-source decentralized smart contract platform for DApps and digital assets that was created as an alternative to Ethereum . Fantom has the goal of overcoming the limitations of previous generation blockchains and balancing three components: scalability, security and decentralization.
The bad news for this setup is the $BTC as always, we need this $BTC move inside the bear flag:
FTM APPROACHING RESISTANCE LEVELS Here is what I see that might be happening with fantom:
1) We are below the 200 ema, the ema ribbon, and the ichimoku cloud on the daily timeframe. Not a great sign, BUT we have managed to test the ema ribbon quite frequently during this downtrend, so we could very well break above it soon as the more often support/resistance is tested the more likely we are to break it.
2) If we do break the EMA ribbon to the upside we will again be testing the up trending zone of resistance we recently rejected from (red box). This has been used as strong support in the past and has already been used once as relatively strong resistance.
3) We have a relatively large red ichimoku cloud above us which isnt great, but for the past year or so we have been in relatively sideways price action, where the ichimoku cloud isn't as powerful.
4) If we do manage to get rejected from the ema ribbon, especially since volatility looks relatively weak right now, we could move to the bottom of the green box. This green box has acted as strong support/resistance in the past, so I would expect to find at least a bounce from the bottom of the box.
5) As of now, I am relatively bullish on this on the short term, especially if bitcoin keeps rising. FTM really needs to break the resistance ahead of it though or else it could send us lower.
6) This is not financial advice and always do your own research before entering the market.
FANTOM- Time to Rise💎👻 We see support here and the market is attempting a rebound. Could this be FANTOM's time to shine again? Possibly!
Many first and second-generation blockchains like Bitcoin and Ethereum were not designed for scalability. They only prioritized security and decentralization. This resulted in slower transaction speeds in the network, especially when new nodes were introduced. For instance, a transaction on the Bitcoin blockchain network could take up to 15 minutes, whereas transactions in the Fantom network takes only a few seconds.
Fantom addressed the 'blockchain trilemma' of balancing speed, security, and decentralization using the unique Lachesis consensus.
The PoS process of Lachesis allows validators to create new blocks by staking their FTM, like any other PoS blockchain. But the critical feature of the Lachesis consensus is that the aBFT protocol allows nodes to create blocks independently.
The Byzantine Fault Tolerance algorithm allows for consensus even if there are faulty or malicious nodes in the network. Theoretically, it could handle up to one-third of faulty or malicious nodes without negatively affecting the network.
Therefore, nodes can reach consensus alone through a two-stage block confirmation process as long as they reach a two-thirds supermajority. This means there are no leader nodes responsible for creating blocks, which results in faster transactions while maintaining high levels of security.
The fantom network is more decentralized as the blocks in the network are independent. Every decentralized application runs on an independent blockchain structure that is connected to the Lachesis consensus.
The Fantom Opera mainnet utilises the Fantom Virtual Machine. This is Fantom’s software development kit that provides the framework to develop and deploy decentralized finance applications on the network.
In addition, Opera is also compatible with the Ethereum Virtual Machine (EVM). It allows developers to move their Ethereum based decentralized applications onto the Fantom network seamlessly and provides interoperability with the world's biggest smart contract-based platform.
Can Fantom dethrone Ethereum?
While Fantom is relatively young, it has a lot going for it, especially as a contender to Ethereum. It is more decentralized due to its independent blocks, and it takes 1-2 seconds to complete a transaction on the network. It is also slowly becoming a hub for DeFi projects. According to data from Defi Llama, in January, Fantom became the third-largest decentralized finance (DeFi) ecosystem in terms of total value locked in.
Let's see if FANTOM can get back on the right path now.
One Love,
the FXPROFESSOR
FTM Fantom bounce from supportFTM is sitting at a strong support level.
I think it`s ready for a reversal to the $1.54 resistance.
Looking forward to read your opinion about it.
FANTOM - Healthier Support than Most ALTSFANTOM had failed to go any higher and yesterday the dip brought it below it's key support level, which is now resistance.
In our last post we had stated that it would need to ''Break the 1,40 and FLY!'' :
All this after the Cronje incident:
Regardless, FANTOM remains one of our favorite and yet more promising picks, so here we go with a new Long position on a new support now.
One Love,
the FXPROFESSOR
Fantom FTM Price Targets and Stop LossFTM/USDT short
Entry Range: $1.47 - 1.65
Take Profit 1: $1.41
Take Profit 2: $1.28
Take Profit 3: $1.13
Stop Loss: $1.69