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Fantomusdt

FTM/USDT: BREAKING OUT OF THE FALLING WEDGE PATTERN.Welcome members, to this UPDATE ON FTM. If you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on it or use it to understand the market. Let's get back to the chart. FTM/USDT is breaking above the falling wedge pattern. Ever since FTM got rejected at $2.07, it has been dipping down badly. For almost 7 days FTM is under the falling wedge pattern and currently, FTM is breaking out of this falling wedge pattern. Technically, this looks good but let's not FOMO on this one and wait for the confirmation. I am expecting a retest and then a rally. We can enter this trade once we get a confirmation between $1.08 to $1.109. The SL will be below $1.02 and the target will be between 10% to 15%. This chart will get invalidated if FTM gets rejected from the upper trendline and enters back into the FW pattern. Note: This is not financial advice. This trade setup is based on my T.A and I am risking my own money on this trade. I am reliable for my own losses and profits. So, trade as per your preference. I will cover more on this in the coming days until then stay safe and trade well. Thank you.
Long
by Dexter_The_Trader
FTMUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. We are in the 4-hour time frame. The price had a sharp fall after breaking the support line which is now the second resistance for the price. If the price breaks the first support zone, after a pullback, it will move down to the next support zone. But we expect the price to be supported here and move up to the first resistance. If the first resistance is broken, it will move up to the next. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
by MarsSignals
8
FANTOM- Finally Moving / Will accelerate over 2,13$ Patience pays off, despite some of your comments the price managed to rise a good 7% today despite going sideways for a week. Some of you have no patience, or faith. 2,13$ will be a breached resistance and the price will possibly accelerate from there. Our target for this Quarter (1st Q 2022) remains the 4$ mark. NEWS: Fantom Collaborates With Blocknative to Provide Developers and Users with Real-time Tooling : Blocknative, the real-time Web3 infrastructure company, launches beta support for the Fantom Network across its core mempool data platform, empowering Web3 developers, dApps, and traders within the Fantom ecosystem to leverage critical, pre-chain infrastructure to improve user visibility and experience. For Fantom developers and dApps, the partnership unlocks new capabilities that enable them to build more reliable, user-friendly projects. For Fantom traders, real-time visibility into the status of every in-flight transaction provides the opportunity to overlay their existing trading strategies for better-informed trades. One Love, the FXPROFESSOR
Long
by FX_Professor
FTM's Expected Movement For Near Future.Hello every one FANTOM / TETHERUS 🟡Chart is speaking it self! 🌳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. 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 project offers a set of tools to simplify the process of integrating existing DApps, as well as a detailed staking reward system and built-in DeFi instruments. Fantom is a Layer-1 blockchain that uses a scratch-built consensus mechanism and independent consensus layer, Lachesis, to facilitate DeFi and related services on the basis of smart contracts. Lachesis provides security for other layers as well, including Opera, Fantom's EVM-compatible smart contract chain. The long-playing mission of the project is to “grant compatibility between all transaction bodies around the world.” One of Fantom's key strengths is its performance and efficient transaction processing, namely thousands of transactions per second, where transactions are settled in 1-2 seconds, and the cost is fractions of a cent per transaction. As a result, Fantom provides higher scalability but at a lower cost. The ecosystem is based on two main technologies: Lachesis protocol and Opera. The Lachesis protocol is the core consensus layer that secures the Fantom network by providing both transaction speed and security. Lachesis is an aBFT consensus engine that uses a directed acyclic graph (DAG) algorithm. How it works: network data can be processed at different times, and the network filters the participants, allowing only one third, which are allocated due to erroneous or malicious behavior, without compromising network processes. Fantom's Asynchronous Byzantine Fault Tolerant (aBFT) Proof-of-Stake (PoS) consensus mechanism maintains the efficiency of the entire network, its design provides security at maximum speed. Fantom developers emphasize that the PoS mechanism is a leaderless phenomenon — there are no leaders of blocks and participants, and anyone can join (or leave) the network of nodes at a convenient moment. The key qualities of Lachesis are: asynchronous, leaderless, Byzantine fault-tolerant, and near-instant finality. As for Opera, it's an application development layer or Fantom's mainnet deployment platform, permissionless and open-source hosting DApps. Thanks to EVM integration and support for the Solidity programming language, Fantom has a full set of smart contract capabilities, which allows users to seamlessly interact with Ethereum platforms while maintaining the advantage of Fantom's transaction efficiency. The Fantom Foundation concluded that removing block leaders improves network security, so Opera uses a PoS model and leaderless validators (validators do not determine which blocks are valid). In addition to being a fast, secure and cheap payment platform that enables to make fast and secure payments at minimal cost, Fantom also features on-chain governance where users vote with FTM tokens (one token equals one vote). Of the features: users have the right to express the degree of agreement / disagreement on a scale from 0 to 4. FTM is the native utility in-house PoS token of Fantom that powers the ecosystem and is applied for payments, network fees, staking, and governance. FTM forms the backbone of transactions, and allows fee collection and staking activities, along with the user rewards the latter represents.
Long
by CobraVanguard
13
FANTOM ECOSYSTEM (Request)- FTM is one one of the big winner in this bullrun, the price seems low in price, but i checked many indicators and noticed that FANTOM was bullish 80% of the time. What is the Fantom ecosystem? The Fantom Foundation is building a highly scalable blockchain ecosystem that facilitates decentralized, scalable, and secure technologies. Fantom is a fast, scalable, and secure layer-1 platform built on an aBFT consensus protocol. Dyor it if you want to know more about FTM. - Basically, i don't see this coin retracing for now, but like always, all depends on TheKing. So manage your % investment. ---------------------------------- Trading Plan ---------------------------------- - Buy : Now - Rebuy : 2.5$ - Rebuy : 2$ TP : 4.95$ ---------------------------------- - Check in comments for Older Analysis. Happy Tr4Ding!
BINANCE:FTMUSDLong
by thecryer
7
Fantom is on the way for a second Elliot Impulse Wave!! Not a Financial Advice !! FTMUSDT The last published idea is still in play. Although we overshoot over the first leg of Elliott Wave, we are coming down and preparing for the third leg. I can imagine the CPI report by fed on 12 Jan will bring us down to the buy zone. There I will add more fuel to my rocket :) I think the CPI report will be nothing burger but I expect SHF to dump the market to ride the wave of retail's uncertainty for at least half a day to a couple of days then we turn back to the upside again. I do not think we go lower than %1.5 Be careful and never invest more than you are willing to lose! That is the most important rule in investing.
Long
by GoatOfWallStreet
10
FTMUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. We are in the daily time frame. The price broke the R1 line which was previously the support line and now is at the S1 line. You can buy it at the S1 line with a good Stop Loss. The next target then would be the R1 line and if it is broken then it can go higher. We need to wait and see how it reacts during these days. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
Long
by MarsSignals
2
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.
Long
by Coinathlon
FTM BEAUTIFUL BUYING OPPORTUNITY! Whats up fam, i have been checking out Fantom on a 4hrs chart and i see a great buying opportunity. I have a drawn a couple of trendlines, one is a long term trendline and the other is a short term trendline. I also have drawn a few key levels where the price could come down to. I am placing 3 buy limit orders on the green key levels that i have drawn. I am pretty sure fantom is going to drop to one of these 3 levels that i have drawn. Not a financial advice, just sharing my idea, good luck guys!
Long
by skanzymusic
2