FTM
FANTOM- 😻 Time to Enter? (probably yes!)Charts don't lie and FTM chart is looking great to enter.
Valid major support at 0.326 and 0.3049 with a first target at 0.3778
0.4011 is our Key target and resistance. At that level we could expect a delay (rejection) or a breakout towards 0.5172
News:
Not many and it's worrying me a bit as the community here seems to have lost momentum.
Then again there is this:
Fantom Launches Gas Monetization Feature with Incentives for Developers
Link: www.coinspeaker.com
This incentive can be a great wake to 'wake up, team up, build up!'
So, let's Go FTM
One Love,
The FXPROFESSOR 🌅
FTM Price Analysis: Long-Term Targets Suggest a Mind-Blowing 30xFTM/USDT Technical Analysis: A Bullish Outlook with Long-Term Targets
( FTM Price Analysis: Long-Term Targets Suggest a Mind-Blowing 30x-40x Growth )
In this technical analysis of the FTM/USDT pair, we will explore the current price action and chart patterns of Fantom (FTM) in relation to the Tether (USDT) stablecoin. Please note that this analysis is based on historical price data and personal interpretation, and it is important to conduct your own research before making any investment decisions.
Cup & Handle Pattern:
On the higher time frame (HTF) chart, FTM is showing signs of a Cup & Handle pattern. The cup has already formed, and the handle is currently being shaped. This pattern suggests that FTM may experience a significant price increase after breaking above the neckline resistance.
Long-Term Targets:
Based on the chart analysis, there is a strong bullish sentiment surrounding FTM. It is anticipated that FTM could potentially reach $10 during the next bullish run, representing a substantial 30x-40x increase from its current price level.
Support and Resistance Levels:
Key levels to watch for support include $0.25 and $0.170. These levels may present attractive entry points if the price experiences a significant dip. On the other hand, resistance levels are situated at $0.46, $0.60, $1.18, and $3.31. Breaking above these resistance levels could indicate further bullish momentum.
Opportunities for Accumulation:
According to this analysis, every significant dip in the FTM price presents an opportunity for accumulation. If the price approaches the strong support level at $1.75, it could be an advantageous entry point for investors looking to accumulate FTM tokens.
Conclusion:
In summary, the technical analysis of the FTM/USDT pair suggests a bullish outlook for Fantom (FTM). The Cup & Handle pattern, combined with the projected long-term targets of $10, indicates potential substantial gains in the future. However, it is essential to remember that this analysis is subjective and not financial advice. Conduct your own research and exercise caution when making investment decisions.
Takeaways:
FTM/USDT is showing a Cup & Handle pattern on the higher time frame chart.
A breakout above the neckline resistance at $0.60 could trigger a significant bullish move.
Long-term targets indicate a potential rise to $10 during the next bull run.
Strong support is found at $1.75, presenting an attractive entry point.
Consider every significant dip as an opportunity to accumulate FTM tokens.
Disclaimer: This analysis is for informational purposes only and should not be considered as financial advice. Always conduct your own research and consult with a professional financial advisor before making investment decisions.
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FTMUSDTThe weekly chart shows a bigger picture of what is happening. We can see that the 6th week is ending with a red candle for Phantom. This is not a good sign. But the price is approaching the important support of 0.3 and also in this area we have the support of the dynamic trendline, both of which can cause price stability and growth. But as you can see in the chart, I chose 2 scenarios for the currency. The first scenario is the price meeting the support of 0.3 and growth again. The second scenario is the failure of the support and reaching the next support, which is 0.25. So it is better to wait and see the price reaction to these supports
⚠️"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
BDP: $0.18 | dna of the next FANTOM lonely at the Bottomonce i wolfed 5 coins in 2016/17 ... only 1 made it to the moon and that was FTM with a massive shakedown of close to oblvion
the cringe of this BiG DATA is so ARTIFICIAL that lets you wonder a Big Player wants to get a board seat towards 100x++
Keep an eye on $FTM/USDTKindly wait for breakout of the structure and target region marked
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🔥 FTM Fell Through Support: More Selling ComingIn my last FTM analysis I talked about the potential Pennant pattern that FTM was trading in. After founding temporary support at the bottom of the wedge, BTC continued trading bearish and dragged FTM down with it.
As a result, FTM has fallen through the support and is currently looking bearish in the near-term.
Before any chance on a reversal, I think we have to go further down. Blue areas are my targets for the next couple of weeks.
FTM/USDT 20% DUMP INCOMING!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this FTM/USDT trade setup.
FTM looks bearish here. Breaks down from the bearish flag pattern and according to the pattern, it might drop 20% from here. Open a short position here and add more to the upside.
Entry range:- $0.352-$0.356
Target:- 15-20%
SL:- $0.367
Lev:- 5x-10x
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🔥 FTM Pennant Pattern Confirmed: Temporary Bottom Set?After a huge move at the start of the year, FTM has been consolidating inside this pennant pattern for around 4 months. FTM has been quite volatile both downwards and upwards, so there's a decent probability for the price to move back up after a month of selling.
I'm anticipating a move towards the top resistance of the pattern, which is a nice ~25% move. In the short-term, 0.43 is a lower-risk target.
Over the long-term, this pattern will classically break out bullish. However, this will all depend on BTC and the stock markets. Time will tell.
FTM/USDTI will short FTM on a break down below $0.5027.
The trade is valid as long as FTM doesn't reclaim $0.535.
This is a good place to short but if it turns, it is also a good place to long, so don't hesitate to cut it if it starts to look strong.
There are two targets, first one is Mid Range at $0.39, second one is Range low at $0.17.
Good luck.
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Fantom FTM price does not want to fall, so it will grow🚀It is very likely that the FTMUSDT price is completing its corrective consolidation in the white liquidity zone.
And it looks like FTM holders may be in for a +100% price increase.
The first target for Fantom token growth is $0.80
The second target is $1.75, but this is a long process
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ETH - FTM comparison; apples and oranges? updateETH - FTM comparison; apples and oranges? update
this chart comparison fascinates me. whats crazy is i STILL cant tell which of those two points in more likely. though it does seem overall very very similar.
i think with their dev runway etc ftm will pump hard for the first big bear market rally.
using that same ratio of time gone by since x point; seems we already bottomed. but macro in general indicates we haven't. id be ready to buy, but try staying above fake small time frame pumps.
gl