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Ftmlong

Fantom sonic breakout imminent FTM 1day is right on queue with a beautiful touch of the downward trendline resistance from Feb 2023 A breakout around here at the 0.26 area would be very bullish Maybe a retest but short-term target 0.33 would be inevitable and with blue sky to 0.53 the ride will be worth it Parameters are looking positive reset ready and back this idea Fantom 2.0 Sonic test net reports are all positive with increased speed (+2000tnx/sec) and scalability and 90% reduction in storage space requirements
FLong
by Hollowzep
FTM Weekly Analysis - Have We Hit The Bottom? Long for 2024!FTM has been bouncing off and consolidating in its major support zone of $0.15-$0.20 since it made contact in June of 2022. After a quick bounce to the $0.60 area, the price has remained in that support zone. We have now had a third touch point on this support, and so far, the bull response is strong. Bitcoin has also been consolidating in its support zone of $25,000-$30,000. My analysis of Bitcoin is we will see a bull run in 2024 and new all-time highs by April of 2025. If the Crypto market repeats history, the Alt market will follow Bitcoin to the upside when it finally breaks out. FTM remains #62 in market cap as of this posting, a good spot to be in for a riskier yet probable investment. What remains an open question is; will the Alt market be strong this time around? We don't know, and that's a conversation for another post. As traders and investors, it's important to speculate about the future based on historical data * first *, then inject fundamental analysis to determine the probability of a deviation from history. Key Points: 1. If FTM doesn't fall out of the top 100 in market cap during the next couple of years, I expect the price to at least reach the resistance zone of $0.55 - $1.00 by 2025, a conservative estimate of about 500% up from today's price. 2. If the alt market responds to Bitcoin's bull run in 2024-2025 reaching previous all-time highs, it's possible that FTM will also soar to its previous all-time highs of around $3.50. That is a roughly 1700% increase from today's price. These are great outlooks on FTM, but we should always proportion our investments relative to the risk of the asset. 2 years is a long time in the market, especially in a young market like Crypto, especially with an altcoin. As always, trade at your own risk, you are responsible for your trades, and I hope this information was helpful. Trade wisely and let us know what you think in the comment section below!
FLong
by TraderEngineering
Fantom – Second Entry Point• Please read my previous FTM idea for context. • It looks as if FTM has taken the straight route up. (Green Scenario) • If FTM moves above 0.333 USD I will consider it a ChoCh on the daily chart . Meaning, a move from a downtrend to an uptrend. • IMO, there are two ways to play this. In the end they are all the same: 1. Simple Support/Resistance Flip trade: Wait for FTM to test the 0.333 USD Level as support to enter long with the SL below the previous low. 2. Wait for a pullback to the demand zone with a SL below the zone. FYI, this demand zone was tapped once on June 24th, but it doesn’t mean that price will not test this demand zone again. Trade Idea 1 (Support/ Resistance Trade): • Entry: 0.333 • SL: 0.2876 • Target: 0.546 (TP along the way, leave a moon bag) Trade Idea 2 (Demand Zone): • Entry: 0.3 • SL: 0.2876 • Target: 0.546 (TP along the way, leave a moon bag) NFA. What do you think? Please share in the comments. Best wishes to all.
FLong
by NewThoughtCrypto
1
Fantom is at Support Will It Hold?Fantom had an amazing run between November 22nd until February 23rd . In 73 days Fantom’s price increased by almost 300%. However, In the last four months (116 days) FTM is in a downtrend. The chart structure emerging from this correction is of a Triangle. The question is will Fantom hold support on the Triangle’s diagonal support line, or will it break to the downside? The short answer: yes, probably. This is why: Support Levels: 1. The diagonal support line has held Fantom’s price in January and March. 2. If we examine the RSI, we can see a Falling Wedge pattern. A Falling wedge is a bullish reversal pattern. The diagonal support of this wedge has held Fantom’s price on several occasions (blue dots). 3. Regardless of pattern, The RSI level of Fantom is close to oversold. Past experience shows that FTM rejects the oversold level. 4. Should Fantom temporarily lose the diagonal support, the 0.5 Fib retracement (pulled from the low of November to high of February) is at 0.3187 and I expect it to hold. Admittedly, Fantom is at a stage that it lost some of the hype. Regardless, in the last bull market Fantom performed extremely well and I see no reason why it can’t do just as well in the future. Targets: I think FTM is good for a long-term hold. I expect FTM to exceed it’s previous ATH in the next bull market. I also think that short-term FTM provides a good R: R to risk a trade. My short-term targets for FTM are: 1. 0.41 USD (daily resistance). 2. 0.45 USD (diagonal resistance). 3. 0.55 USD (daily resistance). 4. 0.65 USD (daily resistance). Trade Idea: • Entry: 0.33 • SL: 0.3185 • Targets: As mentioned above. • R: R 1:7 for the first target NFA Feedback will be appreciated Best wishes to all.
FLong
by NewThoughtCrypto
FTM 1st wave breakout - longtermTLDR - Longterm targets: 5$ and 9$ ------------- As I mentioned in a previous idea, I believe FTM broke the zigzag correction in october of 22. Historically speaking, the Elliott Wave Theory fits like glove on this token, so my selling strategy will be according to that same theory as well, besides the usual indicators. FTM is a low profile token that actually solves problems and the FTX shambles was what prevented the first impulse to carry the price action. It was hinted then and it's obvious now that the exchange's debacle and its native token was a "small" stone on what already seemed back then a clear path to my long term targets of 5$ and $9. They still stand. I don't know how long it will take, but it's now confirmed that the journey already began. ¡See you there! ---------- DYOR
FLong
by Zerkaalo
FTM USDT , How Fantom Is Going To Be The Next 4x Gigantom!BINANCE:FTMUSDT FTM has been one of my favorite altcoin which i bought at 0.2$ and reached the price of 0.65$ which is almost 3x gain in the times when everybody's mom was dead bearish on overall crypto market. Here is that tweet posted on 4th Jan : At that time FTM was at the MAJOR SUPPORT! and it made a Bullish Divergence on RSI in Weekly Timeframe! Which was the Biggest Bullish Signal which nobody saw!. And now And Now, It broke the consolidation of 280 days and retested it. Retesting the Range after breakout it a buy condition and also it has now bounced from it and making bullish trends on lower time frames Even if we calculate the current retracement it comes out to be exact at 0.618 Fib Levels For Swing Setup, Invalidation would be break below 0.4$ and targets would be 0.84$-1$-1.6$-2$ That's it for FTM Please do like and comment your doubts below and let me know whether you liked the analysis or what you can add more to it. :) Thank you
FLong
by Traders_skooll
2
$FTM Technical Analysis - R Fair Value Gap Turned Support *SMC**SMC* = Smart Money Concepts. See related Ideas for tutorials In Smart Money, there are specific candle formation that will lead to a lot of clues to price action results. Yesterday FTM was the product child of those clues. Currently, the price has hit the top od the daily / weekly fair value gap. I just closed my long position because I expect it to retrace to thebottom of the weekly fair value gap, which in turn is also a breaker. These will act as support so once price reaches $0.548 we should see that support start working it's magic Current chart label (1) Lower time frame (2) It could retrace to the bottom of the order block which would balance the chart on a weekly level and then would also turn bullish at$0.51885 - See chart two higher time frame 1 2 We shall see good luck and happy trading
FLong
by BodiesXWix
1
FANTOM'S ADVANCED TECHNICAL ANALYSIS !!!Here we are having an advanced Elliott based analysis on one of the best featured DeFi projects, Fantom . As the chart illustrates, the expected deep correction is done, by completing the wave (b) and reaching the daily order block and also, changing the main structure by crossing the last major pivot. It might have an appropriate possibility for investment and buy some Fantom on 0.32$ and hold for long (at least 2 yaers). And let's look at the last impulsive wave from the Fantom: We might see something like this! It's not dramatic, this is the reality! -Stay tuned for more updates-
FLong
by OmidBK2003
3