50% GAINED FROM MY LAST FANTOM CALL🤑💰Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
In my last idea on Fantom, I made a forecast for Ftm to rise by 65% to 1.74 where I also gave an update to change the profit targets from $1.74 to $1.50, $1.52, $1.54 and $1.55 here
Price hit all profit target.
For those that took the trade, congratulations on the profit.
Drop your testimonies in the comment section.
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Happy Trading💰🥳🤗
Fantomusdt
FTM (Fantom) Coin Analysis 19/03/2021we had analyzed this coin and capitalized on it now updating new targets and positions.
Fundamentals:
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 attempts to use a new scratch-built consensus mechanism to facilitate DeFi and related services on the basis of smart contracts.
The mechanism, Lachesis, promises much higher capacity and two-second transaction finalization, along with improvements to security over traditional proof-of-stake (PoS) algorithm-based platforms.
Matching Ethereum, the project appeals to developers looking to deploy decentralized solutions. According to its official literature, its mission is to “grant compatibility between all transaction bodies around the world.”
Its in-house PoS token, FTM, forms the backbone of transactions, and allows fee collection and staking activities, along with the user rewards the latter represents.
Through token sales in 2018, Fantom raised almost $40 million to fund development.
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.
Technical Analysis:
price has don its secondary accumulation phase and consequently showed some move up,
there exist Hidden Bullish Divergence with MACD and its Histogram which is the sign of trend continuation
there are total of 3 targets defined with Fibonacci Projection where as the 3 TP gets confirmed when the 2TP is triggered followed by some distribution and retracements
Long term Bullish, but could pull back once more. A couple things:
1) In my previous post I mentioned we would likely come down to the green box and set a bottom, and drew the red arrow. I've adjusted the box to better fit the previous bottoms and tops set but even then we barely scraped the top of it.
2) We have managed to rally right back into resistance, as you can see with the red up trending zone of what was support as well as the EMA spread and the 200 EMA.
So, with this being said:
a) Green box is providing decent support.
b) we really need to break back into the triangle pattern on the daily, as well as break above the EMA ribbon.
c) if we do not break above these resistances we could very well double bottom, seeing support at the green box again.
Now if bitcoin blasts off to 60k shortly and takes everything with it, we could very well see quite the explosion though these resistance levels to the upside.
Do not be surprised if FTM sees another re-test of this green box on the short term though.
Overall i'm pretty bullish on this as long as we hold the green box, especially seeing that the majority of coins are now moving upwards as well.
This is not financial advice and always do your own research.
To Keep An Eye For FANTOM-- Trying to break above 200 SMA (Catalyst)
-- Still have room to grow on 8HR and DAILY
-- Zoom in to LTF for better entry options
Update fantom analyse As you can see in the chart, the Phantom is approaching an imbalance and must fill this imbalance so that you can exit the trade with a low risk in the purple range. If you take more risk, exit in the 1.60 range.
Fantom long positionThe uptrend is confirmed and the phantom is moving according to the previous forecast, but in Ichimoku, because the tenkan line and the kijun line became flat, they caused the side trend. If the tenken approaches the candlestick and plays a supporting role, and then the kijun ascends, the ascending trend of the phantom will be powerful.
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.
FANTOM POLARITY FLOW WEEKLY LVL After a longer-term downtrend, I expect a strong bounce from the weekly hold level - 0.96. It seems that we are targeting our base of a range, which give us great opportunity to buy Fantom.
FIRST ENTRY - 0.96 - 0.98
SECOND ENTRY 0.76900
SL - 1W CANDLE CLOSE UNDER 0.76
TARGETS : 1.18
1.32
1.37
GOOD LUCK !
TRADE ON YOUR OWN RISK, USE CORRECT POSITION SIZING.
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
Buying FTM/USDT LONGFTM Breakout symmetrical triangle
RSI oversold on daily timeframe, good setup for entry
Expecting big upward move from here
Target mentioned in the chart
Stop loss $1.35
FTM Possible Reversal zoneshighest probability area for a bounce would be the weekly supply zone level from 1.30-1.40
FANTOM- Finally Moving / Will accelerate over 2,13$ 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
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.
FTM, FANTOM, DAY TRADING, SIGNAL$FTM Channel trading opportunity. Clear entry and exit points. Our fave scalp coin. #DYOR #USESTOPS #TAKEPROFIT #NOTADVICE
FTM going further down?- Rejected from 21 EMA
- Descending triangle
- Support held four times, making it weaker every time
Could see a breakdown into the golden pocket or the next support area around $1.55
FTM, FANTOM, DAY TRADING, SIGNALWatching $FTM closely on the 4H chart. Waiting for directional confirmation before trading this one
FANTOM ECOSYSTEM (Request)- FTM is one one of the big winner in this bullrun, the price seems low in price, but i checked many indicators and noticed that FANTOM was bullish 80% of the time.
What is the Fantom ecosystem?
The Fantom Foundation is building a highly scalable blockchain ecosystem that facilitates decentralized, scalable, and secure technologies. Fantom is a fast, scalable, and secure layer-1 platform built on an aBFT consensus protocol. Dyor it if you want to know more about FTM.
- Basically, i don't see this coin retracing for now, but like always, all depends on TheKing. So manage your % investment.
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Trading Plan
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- Buy : Now
- Rebuy : 2.5$
- Rebuy : 2$
TP : 4.95$
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- Check in comments for Older Analysis.
Happy Tr4Ding!
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.
FANTOMUSDTHi everyone , This is my vision about FANTOM chart and as you know Market now its Unstable and you can see my idea in the chart , if market crash im expected to retest once again the support and if first support break expect to see next support on the chart in the trendline , but in other hand if bulls control market we can see the new ATH in Fantom !
NOT FINANCIAL ADVICE