FANTOM - Still Have HIGH Expectations HereFANTOM has been struggling (like most cryptos) and still beloww the 1,98 resistance.
We still have high expectations from FANTOM and a breakout is most likely going to happen when Bitcoin manages to rise.
The past few weeks have been nothing less than a roller coaster ride for Fantom . Since October, every uptrend has more or less been followed by a downtrend and vice versa.
However, this time around, things have been a little different. December has been quite merciless to most of the coins. FTM, in effect, wasn’t spared either. In fact, at press time, this alt was seen trading at a value that was half of its $3.41 high.
London Bridge is falling down?
With respect to fundamentals, things seemed to be quite disappointing for Fantom. Consider this – the aggregate value of assets locked up on Fantom’s protocol witnessed a steep 4-fold incline in October. Post that, in November, the value managed to create a new high, slightly above the previously pre-set level only to dunk in December.
The protocol witnessed over $800 million erode away from its ecosystem since the beginning of this month. Well, loss of liquidity isn’t really a healthy sign on any given day.
One Love,
the FXPROFESSOR
Fantomcoin
FTM Fantom: Is A Major Correction Coming?Hello friends, today I am completing a technical analysis on the 4H linear scale chart for Fantom ( FTMUSD ), an altcoin cryptocurrency. Please review the chart and analysis below carefully as there are many trendlines and indicators noted.
#CryptoPickk notes the following:
1) Fantom price has had a major run in 2021 with the price reaching an all time high in October 2021. The price has corrected since that point.
2) The price recently completed a Head and Shoulders Pattern with a potential break down possible from this point.
3) The measured move of the Head and Shoulders Pattern brings the price down to $1.25-$1.30 which is a 37%-38% correction from current price levels.
4) If the price makes it down to the $1.25-$1.30 level, it would re-test a multi-month trendline (in yellow color).
5) That price target around $1.25-$1.30 has had multiple months of support as shown in the purple color rectangle box.
6) The Volume has been weakening month over month.
7) The RSI (relative strength index) has the ability to drop further as shown on the chart.
8) If the price rebounds up from the Head and Shoulders Pattern, the idea would be invalidated.
What are your opinions on this?
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
FANTOM- On The RiseWeek has started so nicely. Indices seem to be recovering early this morning (Asian morning. Markets is open in Sydney now).
Fantom offers us high expectations for a rise to 4$ and higher.
Lets go FANTOM!
(from their website) :
''Opera is a secure and fast environment to build decentralized applications. It is fully permissionless and open-source. Powered by Fantom’s aBFT consensus algorithm, it leverages its speed and fast finality, and is ready for real-world applications with no risks of congestion or long confirmation times.
The Fantom Opera mainnet is compatible with the Ethereum Virtual Machine (EVM) and provides full smart contracts support through Solidity.
We designed Opera to overcome the limitations of older generations of blockchains, keeping the compatibility with Ethereum for seamless dApp porting.''
First time I looked at this and I thought: BLA BLA BLA ... Can they walk the talk?
10 months later I can tell you this: Fantom is FANTASTIC and Opera is great: speed and low transaction costs.
This is my personal opinion and apparently more people with good repute seem to share this view.
ps. Fantom has some kick ass new projects that we are looking at right now. Do some research, it might lead you to some great gems.
One Love,
the FXPROFESSOR
FTM long! The profit-to-loss ratio of the Fantom is excellent!
It is also excellent in terms of fundamentals and experts of blockchain have praised it a lot.
But before buying please read this.
We might be just before the last upward wave of Cryptos till to the next BTC halving, equally, we might be just at the end of the upward wave!
*************************** ATTENTION *********************************
In my view, the price of bitcoin is in an unclear position!
It may go up, it may go down, the probability of both is almost equal.
Enter the market with very small volumes.
Do not forget that we have received our profits from the crypto market before!
Do not lose all those profits!
please read my latest view to BTC
ATTENTION again!
Follow the principles of capital management.
Pay attention to your strategy.
No analysis is 100% accurate, even if it sounds perfectly good.
You are responsible for your own trades, so do it carefully.
Cryptocurrencies are volatile and have been highly correlated with bitcoin in the past
😻FANTOM + 123SWAP = Polkadot Level or Higher 🧙👻Forgive my Big mouth but this is just my humble opinion:
Fantom will rise simply because it does much better things in a better way than other cryptos... for example Polkadot (I got tired of using XRP for this kind of comparisons).
Lately I have been using such comparisons frequently, I think it is something you should do too.
News: finance.yahoo.com
Fantom and 123swap make a huge announcement that 123swap's uniquely designed framework, which is non-custodial, cross-chain, and decentralized, is now integrating with Fantom blockchain.
123swap platform is growing with tremendous speed as it adds 1-2 blockchains every week; there is a considerable addition. We are the rapidly increasing multi-chain DeFi which is still in its initial stages. We recently completed our seed round, and now we are in our private sale, which is going very well, and we have a few seats left!
123swap platform has a distinctively decentralized, non-custodial, highly innovative cross-chain framework, and now this platform has made a colossal collaboration with the Fantom blockchain, which provides a beyond comparison ecosystem of essential projects essential applications. The cooperation of these two industries will power up the future of DeFi with the development of a uniquely decentralized cross-chain app.
You may also look at our ideas below for more info on the Fundamentals of FANTOM..
Or just give it a go and try the Fantom Opera network..you might be impressed.
the FXPROFESSOR 🧙
😻 FANTOM - 20% Higher After Our Post Today!!! 🧙We posted it today as the ' Trade of the Day: Breakout and Targets'' :
Fantom is flying for all good reasons we have shared with you once too many times befor.
Here is our updated new chart with key levels to know.
(from their website) :
''Opera is a secure and fast environment to build decentralized applications. It is fully permissionless and open-source. Powered by Fantom’s aBFT consensus algorithm, it leverages its speed and fast finality, and is ready for real-world applications with no risks of congestion or long confirmation times.
The Fantom Opera mainnet is compatible with the Ethereum Virtual Machine (EVM) and provides full smart contracts support through Solidity.
We designed Opera to overcome the limitations of older generations of blockchains, keeping the compatibility with Ethereum for seamless dApp porting.''
First time I looked at this and I thought: BLA BLA BLA ... Can they walk the talk?
10 months later I can tell you this: Fantom is FANTASTIC and Opera is great: speed and low transaction costs.
This is my personal opinion and apparently more people with good repute seem to share this view.
ps. Fantom has some kick ass new projects that we are looking at right now. Do some research, it might lead you to some great gems.
One Love,
the FXPROFESSOR
FANTOM- Trade of the Day: Breakout and TargetsPosting this one fast because the price is running fast. Breakout in the making and the targets as on our chart.
Hope it helps, hope you are also on it and liking it:
(from their website) :
''Opera is a secure and fast environment to build decentralized applications. It is fully permissionless and open-source. Powered by Fantom’s aBFT consensus algorithm, it leverages its speed and fast finality, and is ready for real-world applications with no risks of congestion or long confirmation times.
The Fantom Opera mainnet is compatible with the Ethereum Virtual Machine (EVM) and provides full smart contracts support through Solidity.
We designed Opera to overcome the limitations of older generations of blockchains, keeping the compatibility with Ethereum for seamless dApp porting.''
First time I looked at this and I thought: BLA BLA BLA ... Can they walk the talk?
10 months later I can tell you this: Fantom is FANTASTIC and Opera is great: speed and low transaction costs.
This is my personal opinion and apparently more people with good repute seem to share this view.
ps. Fantom has some kick ass new projects that we are looking at right now. Do some research, it might lead you to some great gems.
One Love,
the FXPROFESSOR
Fantom of the Opera - Destination 4 Could be Fast 💎👻 (P2)13,5% HIGHER TODAY DESPITE THE MARKET STRUGGLING AS SUCH!
What is Fantom Opera?
(from their website) :
''Opera is a secure and fast environment to build decentralized applications. It is fully permissionless and open-source. Powered by Fantom’s aBFT consensus algorithm, it leverages its speed and fast finality, and is ready for real-world applications with no risks of congestion or long confirmation times.
The Fantom Opera mainnet is compatible with the Ethereum Virtual Machine (EVM) and provides full smart contracts support through Solidity.
We designed Opera to overcome the limitations of older generations of blockchains, keeping the compatibility with Ethereum for seamless dApp porting.''
First time I looked at this and I thought: BLA BLA BLA ... Can they walk the talk?
10 months later I can tell you this: Fantom is FANTASTIC and Opera is great: speed and low transaction costs.
This is my personal opinion and apparently more people with good repute seem to share this view.
ps. Fantom has some kick ass new projects that we are looking at right now. Do some research, it might lead you to some great gems.
One Love,
the FXPROFESSOR
-35% crash on Fantom.Here are some bearish factors?
1).We had a pi cycle top on 26 October.
2).We have continually failed to break the linear regression trendline despite bitcoin breaking its 64k resistance.
3). It has rallied 232.37% in 34 days.
Conclusion:
The risk of a Potential upside rally while highly likely vs a potential short term wash of leverage by bearish price action.
I choose the bears for they have best t.a. Price target of 1.9 about -35%.
Trade responsibly and follow me on my twitter
FANTOM - A good way to Buy the 'Black Friday Crypto discount' 🧙Correction took place, we got stirred BUT not too shaken and perhaps it is time to 'Buy yet another Dip'. After all, this correction felt a bit like a 'Black Friday' kind of discount before we enter the Xmas season.... 'it's all about sales' as a theory proposes.
FANTOM has been one of our favorite posts the last 2 months and yes, it went really well.
We have explained before the 'Why' (just check our previous posts below).
If you are not convinced just try the speed and low cost of an Opera network transaction; you will be impressed.
Let's Go FANTOM!
the Fantom of TA, aka FX PROFESSOR 🧙♂️
FTM Fantom 1H - Something is brewingI am reviewing the Fantom 1H chart and noticing the price hovering around the bottom of the long upward channel. In the prior small descending channels there has been two touch points and then a breakout into a rising consolidating pattern before a parabolic breakout. It seems that we may gearing up to meet the top of the current descending channel before possibly the next leg up.
The RSI shows that we may still get some possible short term downside price movement before a nice bump up.
If we can meet the top of the trendline, we can make a good 15-20% gain.
What are your opinions on this? Comment below, hit the like and follow me. Thank you!
Check out more below for recent Altcoin, Bitcoin and Stock Ideas.
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 #bitcoin #altcoins
Fantom of the Opera - Destination 4 Could be Fast 💎👻 What is Fantom Opera?
(from their website) :
''Opera is a secure and fast environment to build decentralized applications. It is fully permissionless and open-source. Powered by Fantom’s aBFT consensus algorithm, it leverages its speed and fast finality, and is ready for real-world applications with no risks of congestion or long confirmation times.
The Fantom Opera mainnet is compatible with the Ethereum Virtual Machine (EVM) and provides full smart contracts support through Solidity.
We designed Opera to overcome the limitations of older generations of blockchains, keeping the compatibility with Ethereum for seamless dApp porting.''
First time I looked at this and I thought: BLA BLA BLA... Can they walk the talk?
10 months later I can tell you this: Fantom is FANTASTIC and Opera is great: speed and low transaction costs.
This is my personal opinion and apparently more people with good repute seem to share this view.
ps. Fantom has some kick ass new projects that we are looking at right now. Do some research, it might lead you to some great gems.
One Love,
the FXPROFESSOR
Bullish on FTM coin ( Fantom)FTM seem to be very disciplined with the Bollinger band levels and the RSI. The tokenomics are also good. There is max supply of 3.175 billion FTM coins only. A Layer 1 solution with many great contracts/projects and govt deals seem to be a lucrative buy and a long term hold in my prospective. The transaction speed on the platform are very high due to the gossiping protocol it follows. FTM to the moon :-)
Crypto Fantom (VC Backed Network Token in play?)View on Crypto Fantom (22 Sept 2021)
Fantom (FTM) is in the swing back phase and it may post as good chance to collect FTM soon.
We see 0.80 will be a very good support region.
You may want to keep an eye on it!
Let's see.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
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FTM #FTM FANTOM 4HR DiscussionNotes in the chart about Fantom. I personally feel a drop is coming. Conference is coming up and price is reflecting the momentum it seems. Bearish divergence and parabolic curve in process. This upside is not sustainable. It needs to cool down. I noted two price points which take into account support areas as well as VPVR.
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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. #cryptopickk #fantom #altcoins