Fantom Big Move Coming Ahead?Dear Everyone,
I hope on this day everyone is well! I want to share my analysis with the public to understand what has given me the evidence regarding the near future growth of $FTM.
Why would it go up?
- Technology adoption is increasing at an exponential rate ftmscan.com
10M transactions per month (50m total)
300k+ transaction per day
$500m in locked assets
Passionate and genius team
- Growing projects on its Blockchain
- Above moving averages + Stoch RSI
- Lower time frame (4h) bullish diverange
- Weekly MACD (looking so seeexy)
- Found Support on MA 21 + Trend line
Why would it go down?
- Bitcoin drops
- Harry Yeh selling all his tokens (one of main investor :P)
- Many more reasons but very unlikely.
Analysis
1. As you can see on the above chart, FTM has been retesting founding a support at the 21 MA and its trend line. Fib lvl 0.786 is a strong resistance and was a previous support before the market fell in mid-may. The 30% correction is a healthy indication that people are taking profits but $FTM is not ready to drop further. The 50MA and 200MA are going to cross and based on the history of fantom, it is a very significant bullish sign.
2. Stoch RSI is at the bottom ready for another move upwards.
3. RSI bullish divergence from higher lows
4. Weekly MACD is bullish
5. Despite not reaching high levels of volume $FTM is known to reach volume spikes when doing parabolic moves right after it consolidates. The accumulation from the past months has woken up a little and large volume spikes could happen anytime pushing $FTM to the unknown territory.
PS: We can possibly see the end of this cycle reaching the 1.618 Fib lvl. with a volume of ~$7B and market price of $2.8-$3.1
If you have any suggestion or question feel free to share it in the comment section.
Sebastien - Hilius Capital Managing Director
FTMBTC
FANTOM TO 1 USDT Fantom is a high-performance, scalable, and secure smart-contract platform.
It is designed to overcome the limitations of previous generation blockchain platforms.
Fantom is permissionless, decentralized, and open-source.
Lachesis, its revolutionary aBFT consensus mechanism, allows Fantom to be much faster and cheaper than older technologies, yet extremely secure.
FTM/BTC going longFTMBTC has been setting higher RSI on the daily while setting lower PA. And it has retested the bottom and bounced off it multiple times.
FTM BTC 1-D Trenda move to 0.236 fib zone towards 830 sats and establishing it as support would confirm its revival
i am just buying a small bag because movement to 830 sats will also give you 30% profits
i will go big once the trend is confirmed
FTMBTCFTMBTC 1D
Longing FTM on the breakout of the MA200 lvl/resistance of a descending triangle.
If you liked my idea, follow me for more.
FTM at a major support levelFantom at a major support level... will it break or against all odds survive this volatile bearish trend?
If FTM bounces then we should see a retest to the 1D 50EMA. If not, then a 50% drop from here is likely.
FTM / BTC trade patternRising after the Fib Retracements
Above 0.236 Zone and should move towards 0.5 area at 1250 Sats soon
Buy Zone : 950 - 1000 Sats
Sell : 1105 , 1225 , 1375 Sats
Accumulate FTMUSD from 0.19 to 0.25 areaLong term supports at $0.19, recovered to trade at $0.25 now.
Expecting it to form a bottom here and target $0.50 short term.
Fantom FTM renewed tradeFantom dipped 50% in a couple of days with no fundamental reason but FUD. It is a good chance for me to re-enter this trade that I previously sold too early back in January.
My 1st entry marked in blue
Main support is marked in black (where I'd be laddering my 2nd entry if it gets there)
My two exits marked in green
PS Everything is on sale in the market nowadays. So I am HODLing and adding to my bag all those that are at discount with solid fundamental background.
FTM channel bounceLooking for healthy confirmation using the phoenix ascending indicator. I have drawn something that I might see happening in the fututre
FTM Ready for a break outFTM has consolidated and is ready for the next leg up. First target previous ATHs, second target the moon. Long and hold on tight
FTMUSDT Technical AnalysisVolatility down.
RSI Top point
CCI losting power
This mean: if this stuation continue
FTMUSDT can lost Buying power and can turn Selling stuation.
0,6178 support level
Fantom FTM/USDTHello lovely people!
Long time no see!
Here we have possible Fantom breakout movement upwards.
- Nice looking Bull flag.
- Potential 100% move.
- Beautiful 63 day consolidation.
- After touching that weekly 20Ema (Yellow) bulls clearly took the lead
I still want to see that vertical resistance ( 2nd confirmation ) around 0,55 - 0,60 cent break out and candle close.
If you like my work give a like ;)
-Jebu
FTMUSDT - Resistance ahead!There's a small resistance on this coin's market right now.
We might be able to break it if the prices consolidate in this area.
In case of a dump or correction, there are a few support areas on the way down which can help keep the price from going further down.
Open your long positions after the prices pass the resistance and aim for the target area.
⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high.
Good Luck 🎲
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