FTM Fantom: 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. There are many bearish signs so be careful when considering to trade Fantom. Keep an eye on the key support line as well as the 200D simple moving average.
Included in the chart: Trend line, Support and Resistance Lines, Ichimoku Cloud, VPVR ( Volume Profile Visible Range), Volume, RSI, MFI (Money Flow Index), Dead Cat Bounce.
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
Fantomprotocol
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 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 will keep momentum?$FTM have had quite the year, with recent 3 months holding a very strong bullish momentum.
So far growth holds exponential pattern starting at around $0.275 - August.
If bullish momentum holds can very well hit $10-$12 EOY.
That said, there're still very big news and events coming weeks:
Coinbase listing - Only rumors right now, but could be happening around 30-31 Oct.
25-29 Oct there's the Dubai events.
Influencers only recently started picking up on Fantom and its ecosystem.
Other news & growth.
Exciting!
Next 2 weeks really are quite crucial and quite possibly hit 1 of 2 extremes:
1. Something happens and momentum breaks and we fall back to $1.5 line.
2. Coinbase listing sends FTM pumping, and with it's current momentum and growth can we dream of $15-$20 by EOY?
