Fantom two waysFantom is one of the only coins still in a mainly bullish trend. It has tested the $3.3 level, which is its ATH, and retraced to the .272 FIB level.
Seeing as the market trend is not terribly bullish and we're testing the ATH, there are two ways to play this:
1) Aggressive: you enter now or at another retest of the .272, making it risky as we have the ATH and $3 (psychological level) to break.
2) You wait for a break of the ATH and after that a clear retest upon which you enter.
Either way, I will be looking for a bullish crossover on the Stochastic RSI.
Fantomcoin
FTMUSDT-SHORTBased on technical factors there is a short position in :
FTMUSDT Fantom
Score 3️⃣
🔴Short Now or set on Key Level 3.2120
🟢Target 1 2.9970
🟢Target 2 2.8100
🟢Target 3 2.3975
❌Stop loss 3.3200
#K_Level
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones.
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FANTOM- The Flight to 4$ Continues 💎👻 (part 3)Fantom: A recent DeFi winner.
We tend to be good at picking winners (way more than picking losers that is!)
Fantom has been great to us and has allowed us to take profits when the market was still correcting last month.
Yest our expectation is to see the price at 4$ where it belongs (in comparison with the competition and their market caps).
FANTOM - Back On The RiseFANTOM keeps outperforming the market. Price is over 10% higher today.
Hopefully we get to see Bitcoin rising over resistance tomorrow and experience Fantom reaching the next 2 targets as you can see on our chart here.
NEWS:
1. Andre Cronje teases new decentralized exchanges on Fantom
2. Fantom Transactions Surge Ahead of Avalanche as DeFi Prospects Heat Up
3. Fantom: A recent DeFi winner
Everything going well for Fantom. Looks like we picked a Winner.
One Love,
the FXPROFESSOR
Fantom is moving powerfullyOn a daily TF, the resistance of $ 2.66 broke, and Fantom is moving powerfully. I expect a correction to the level of $ 2.66; in this case, you can enter. If it can break its historic price ceiling, it could move to the $ 4 and $ 4.8 targets. Holders should note that this is the last wave of Fantom movement, and after that, it will be corrected.
Fantom is on the way for a second Elliott Impulse Wave $FTM$FTM * Not a Financial Advice *
Fantom looks quite bullish despite the recent decline in the overall crypto market. From the looks of it, FTM is going to have another run to the high side, possibly a second Elliott Wave to the high side.
I have some open positions that I have kept for the long run...but if ever we get to the designated BUY ZONE I will definitely add more FTM to my portfolio.
Remember that the risk of going to the DownSide is always there, so please be careful out there! Whales are in control of the whole market and we as shrimps can only eat what comes to the deep floor of the freakin crypto ocean.
FANTOM PROTOCOLGood Project = Future Good Gains. Looks very strong right now.
DYOR it.
What Is Fantom (FTM)?
Fantom is a directed acyclic graph (DAG) smart contract platform providing decentralized finance (DeFi) services to developers using its own bespoke consensus algorithm.
Together with its in-house token FTM, Fantom aims to solve problems associated with smart-contract platforms, specifically transaction speed, which developers say they have reduced to under two seconds.
The Fantom Foundation, which oversees the Fantom product offering, was originally created in 2018, with the launch of OPERA, Fantom’s mainnet, coming in December 2019.
Who Are the Founders of Fantom?
The Fantom Foundation was founded by South Korean computer scientist Dr. Ahn Byung Ik. Currently, the platform’s CEO is Michael Kong.
The team behind Fantom has extensive experience primarily in the field of full-stack blockchain development, and aimed to create a smart contract platform which privileges scalability, decentralization and security.
According to its official website, Fantom’s team also consists of specialist engineers, scientists, researchers, designers and entrepreneurs. Employees are located throughout the world, matching the ethos of a distributed platform.
Trading Parts :
- Buy Zones ( with conditions ) :
- Buy Zone 1 : 0.85+$ ( After it breaks ATH, not before !)
- Buy Zone 2 or Rebuy : 0.5$ (if u don't want go in while rising, you can wait this retracement Zone )
Take Profits :
TP1 : 1.49$
TP2 : 1.95$
Stay safe and follow BTC king !
Happy Tr4Ding !
FTM / USDT - On track to ATHHello!
FTM seems unstoppable, im trading at the 4 hours chart at the moment.
The bull flag has broken out, so we set our target.
On the long term the technical perspective looks good as well.
We'll see! first things first lets reach our ath target earn some profit and look further.
FANTOM- Bullish No matter What!FANTOM is our favorite these days.
Same way that Cardano was our favorite from 20 cents to 3 dollars, Avax from 15% to 117$ and so many more.
No matter what Bitcoin and Ethereum will do most alts will follow. Some will correct less and others more and just a few will be able to rise.
Fantom is our best hope for a nice January. This is our personal opinion here and our main trade at this very moment.
Hope you like the updated chart.
One Love,
the FXPROFESSOR
FTMUSDT - Flag PatternFTMUSDT (4h Chart) Technical analysis
FTMUSDT (4h Chart) Currently trading at $2.246
Buy level :Above $2.25
Stop loss: Below $2.05
TP1: $2.44
TP2: $2.66
TP3: $2.91
TP4: $3.17
Max Leverage 3x
Always keep Stop loss
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FANTOM- The Flight to 4$ Continues 💎👻FANTOM has been one of our favorites lately and for very good reasons.
Price has almost doubled since our post on Dec 10th and the Expectations remain High:
Nothing but GREAT news here:
Innovative Fantom-Based DEX DefySwap Is Now Coming Up With NFT Staking
Fantom Adds DIA’s Open-Source Oracles to Propel dApps with Customisable Data Feeds
Integration Delivers DeFi Developers Access to Data Feeds on Fantom’s Layer-1 Blockchain
Gotta Love Fantom boys and girls!
the FXPROFESSOR 💎👻
Fantom Daily AnalysisFTM is at the resistance of a triangle and the most important level to determine if it's going to be bullish or bearish. If a daily candle closes above 2.4488 the higher target at $12 is reachable. In another scenario if this level gets rejected the right shoulder of a head and shoulders pattern will be formed and in case of losing the support at $1.4 next supports to hold the price are 0.94, 0.69 and 0.32.
FANTOM- 1,98$ and HigherFantom is one of the few DeFi chains that has managed to amass a variety of protocols on its network . Presently Fantom has more protocols running on it than Solana, Terra and Tron combined. However, the issue is deeper than the number of protocols.
Fantom on Binance
Fantom’s listing on Binance U.S. on 17 December was a huge advancement for the network, which hasn’t been in the best place recently. Deposits on the exchange are now open and this is another addition to the ever-expanding adoption of Fantom.
In fact, just recently OKEx had added Fantom to its staking service. But even then the lack of participation continues to be a problem for the DeFi chain.
As it is, in less than two weeks the network has lost over 60% of all its active addresses. Consequently, the number of transactions on the chain dropped by 57% to 1.9k. The same at one point used to be at 4.5k.
The daily chart shows the Fantom price is consolidating above the 200-Day Moving Average (DMA) at $1.207. Notably, the Moving Average Convergence Divergence (MACD) indicator signals growing bullish momentum. Furthermore, FTM has crossed the mid-point of the Bollinger Bands at $1.500 (20-Day Moving Average) and should therefore extend towards the top of the BB channel at $1.800.
However, the 100-DMA at $1.985 and the 50-Day at $2.043 provide robust confluent resistance above the market. For that reason, FTM’s gains may be limited unless the broader market embarks on a sustained bull run into year-end. On the other hand, if BTC fails to hurdle $50k convincingly, altcoin gains may be fleeting. In that event, the 200-DMA comes back into focus.
Our chart says 1,98 and if breached then much higher.
One Love,
the FXPROFESSOR
FTM Fantom: Channel Inside A WedgeHello friends, today you can review the technical analysis idea on a 4H linear scale chart for Fantom (FTMUSD), a cryptocurrency.
The chart is self-explanatory. The Fantom price is inside a small Channel Pattern which is inside a Descending Broadening Wedge Pattern. Based on the indicators, price has the potential for upside, however the Ichimoku Cloud shows heavy resistance ahead. If Volume comes in and price breaks outside of the Cloud, it may be possible to see a nice move upside. Otherwise, price has potential to break below the local S/R line and fall much lower.
Additionally Shown: Ichimoku Clouds, RSI (Relative Strength Index), Stochastic RSI (Stoch RSI), MACD, MFI (Money Flow Index), Fear and Greed Indicator, Support and Resistance Trendline, and Volume.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
As the year is coming to an end and holidays are almost here. I want to wish my friends Happy Holidays and ready for an exciting 2022! What are your thoughts for the coming year?
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
FTM IF WE GET A BEAR MARKET. ⚠CAUTION⚠In my last FTM analysis i showed how ftm could have seen it's top and was due for a correction and it played out (even tho i wish it didn't) as a ABC correction wave.
In todays analysis I will be showing possible future moves for FTM.
While The ABC correction in the last analysis we did (linked below/Chart beneath this statement) was correct, it seems that was only a smaller degree wave of a potential larger ABC correction to come.
Should Bitcoin lose its bullish structure, FTM could very well spiral into a 5-3-5 correction to complete a larger degree ABC correction as shown in the chart above. While I don't really see this happening and do think bitcoin will keep it's bullish structure, I can't overlook the possibility of this potential outcome.
Hope this helps with perspective and honestly hope the ABC was the correction and that we're done with it.