FTM investing*Warning i am not a Financial adviser*
This bullrun their are a few coins you need to take a good look at.
1 of these is FTM (Fantom), FTM is while i am speeking the only one coin that can run 20k transations per second with very low transaction fees, while BTC can run only 7 and ETH just 15-30 TPS.
When you are looking at a business or a currency to invest in. You need to look at a few topics of why these curruncy's are better then the top coins and why they will change the market.
With this said here are the 3 tops of FTM.
1. FTM is based on Directed Acyclis Graph (DAG) structure instead of the traditional blockchain, thats why its soo goddam fast and efficient.
2. FTM is focused on fixing scalability problems on the blockchain through low costs and fast transactions.
3. FTM is working on its own blockchain just like BTC and ETH, it can be used for staking, transactions and netwerk governance.
This all and now just the top of the iceberg, FTM got a transaction bridge wich called ERC-20. This make a lot of sense. Because its very secure to and so you can use the coin inside the ETH eco system.
If you want to invest in FTM or other coins, do your own research but FTM is my top investment right now.
The cost of one FTM on this moment is $0.6307, my target is $1,5 to $2,5 per coin.
FTMUSDT
Short Trade on FTMthis is my first trade in 2024 , and i wanna short on FTM
the reason behind this trade:
weekly FVG
5 eliot waves
lets see what will happen.
this is not a financial advice .pls #DYOR
FTM Long Spot Position (Retest of Key Level)Market Context: FTM is attempting to retest the critical $0.61 level, displaying strong relative strength in the market. This is an opportunity to bid on that strength.
Trade Setup:
Entry: Long spot position at $0.61.
Take Profit:
First target: $0.68
Second target: $0.75
Stop Loss: $0.57
📊 This setup focuses on capitalizing on FTM's strength with well-defined risk management. #FTM #Crypto #Altcoins
$FTM is about to do a massive breakoutFTM (Fantom) is one of the strongest altcoins and one of the best-looking charts from a multi-timeframe perspective.
Nice bounce from daily demand zone with a strongly rising volume supporting the pump.
4-hour timeframe:
Price is now approaching at the first level of resistance $0.70, expect a reaction at this level.
A clean market structure break of $.70 resistance would confirm the expansion toward $0.80 to $1
Any dip around $0.60 to $0.50 is a good opportunity for us to accumulate.
#FTM/USDT#FTM
The price is moving within a descending channel pattern on the 12-hour frame and is expected to break upwards
We have a downtrend on the RSI indicator that has been broken upwards and we have a tendency to stabilize above it
We have a major support level in green at a price of 0.300
We have a tendency to stabilize above the moving average 100 which supports the rise
Entry price 0.3300
First target 0.4648
Second target 0.4648
Third target 0.5448
FTM looks bullish (4H)From where we put the red arrow on the chart, it looks like the FTM correction has started.
This correction appears to be a double correction that is over.
We are looking for buy/long positions in the green range.
The targets are clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
FTMUSDT Bullish Head and Shoulders!FTMUSDT Technical analysis update.
FTM has formed an inverse head and shoulders pattern on the daily chart. The price is now moving towards the neckline for a potential breakout. Once the breakout is confirmed, we can expect a strong bullish move in FTM.
Buy level: After breakout confirmation on the daily chart.
Regards
Hexa
FTM ANALYSIS🚀#FTM Analysis : Pattern Formation
🔮As we can see in the chart of #FTM that there is a formation Inverse Head And Shoulder Pattern and it's a bullish pattern. If the candle closes above the neckline then a bullish move could be confirmed✅️
🔰Current Price: $0.5160
🎯 Target Price: $0.7140
⚡️What to do ?
👀Keep an eye on #FTM price action. We can trade according to the chart and make some profits⚡️⚡️
#FTM #Cryptocurrency #TechnicalAnalysis #DYOR
FTMUSDT.1DUpon reviewing the daily chart for FTM/USDT, I see a fascinating trend and pattern development that deserves attention. Currently, the price is around $0.4712, showing some signs of recovery after a prolonged downtrend.
Trend Analysis: The previous downtrend was marked by a series of lower highs and lower lows, as depicted by the descending trendline. Recently, the price has broken above this trendline, suggesting a potential reversal or at least a pause in the downtrend. This breakout could be an early signal of changing dynamics in the market.
Key Support and Resistance Levels:
Support 1 (S1): $0.2563 - This level, marked on the chart, has previously acted as strong support. It's critical because if the price were to decline, a hold above this level could reinforce bullish sentiments.
Resistance 1 (R1): $0.5715 - This level is the immediate hurdle for any upward movement. It coincides with past price reactions, making it a significant threshold for further gains.
Resistance 2 (R2): $0.7985 - Should the price move past R1, this next level would likely act as a substantial resistance, being a previous high area.
Technical Indicators:
MACD: The MACD line is above the signal line and both are above zero. This indicates increasing bullish momentum, which supports the potential for further price increases if the trend continues.
RSI: The Relative Strength Index is around 31.60, close to the oversold territory. This suggests that the market could be undervalued at this point, potentially leading to a buying opportunity.
Conclusion: The break above the descending trendline along with supportive indicators like MACD and RSI near oversold levels suggest an emerging bullish scenario. My strategy would be to watch for a sustained hold or consolidation above the trendline and possibly enter long positions near the support of $0.2563, targeting the next resistance levels. However, it's crucial to be vigilant and prepared to adjust strategy based on how the price reacts at these key resistance levels. Setting stop-losses below S1 would be prudent to manage potential downside risk. This approach offers a balanced view between optimistic recovery signals and the need for cautious risk management.
Long on ftmusdtAfter the ascent, we need a correction, and I have two areas in mind to finish the correction and start the upward trend again. If the reversal is confirmed, we can enter the long-in position.
FTMUSDTFTM ~ 1D ✅
#FTM Make purchases gradually after successfully breaking through this resistance line. at least for a minimum increase of 15%++
FTM Long Position (Support Test Opportunity)Market Context: FTM has retraced to test the upper range of support, providing an opportunity for a long spot trade.
Trade Setup:
Entry: Ladder into a long spot trade at around $0.45 on the retrace.
Take Profit:
First target: $0.54 - $0.63
Second target: $0.75 - $0.85
Stop Loss: Just below $0.38
📊 This setup leverages the support retest for potential gains with clear profit targets and risk management in place. #FTM #CryptoTrading #SupportTrade
FTM/USDT: BULL FLAG BREAK OUT! READY FOR 250% PUMP!!Hey everyone!
If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated!
FTM looks good here. Break out from the bull flag-like structure in the daily time frame and currently going for a retest. Accumulate it in the green zone.
Entry range:- $0.43-$0.48
Target:- 200-250%
SL:- $0.34
What are your thoughts on FTM's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
FTM: FML! If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
Bounce out of Golden Corner Pocket, reaction off PF median line. 👌
May have one more W4 in there.
Looking for an impulse down and internal retrace, as
always.
Trade Safe,
Trade Clarity.
FTM#FTM / USDT
Price is showing bullish signs:
1- Falling wedge breakout
2- Potential inverse H&S
Conformation:
ema 200 breakout (red dotted line) will be the conformation for trend reversal
Best of luck
FTM/Sonic is a bargin - longWill Fantom/Sonic overcome all skeptics?
My thoughts, not financial advice....
Anything under $0.50 for FTM is ridiculously cheap. Be prepared for the Sonic-train to move quickly.
Sonic testnet delivers speed of light, time to finality <0.7 seconds (today). Probably the fastest blockchain on earth?
Serious backing, great tech, and trend breakout (D)
DCA or come back later (buy higher)
Fantom FTM price forming a powerful movementThe #Fantom price has been accelerating upwards quite aggressively for 3 days now.
Now OKX:FTMUSDT is approaching the neck, which is the critical point of the inverted head and shoulders pattern.
And now we have two options:
1️⃣ wait when #FTM price to breakout and consolidate above $0.51 and take a long from there.
2️⃣ or put “buckets” in the global purchase zone of $0.36-0.42, which we wrote about in our previous idea. 👇
Well, the take profit is $1 or $1.8, it depends on your trading strategy and patience)
FTMUSDTsee and watch :)
It seems that the price is forming a Head & Shoulders pattern, which is targeting the $0.9-$1 range...
FTMFTM has surpassed the 0.40 level, indicating a potential opportunity to enter a short position after a retest.
FANTOM (FTMUSDT) Short trade setup in 4H Time frameFANTOM (FTMUSDT) Short trade setup in 4H Time frame
Short entry at $0.4513
Profit target of $0.4 reached
Target 2: $0.3169
Target 3: $0.2338
Target 4: $0.1825
Trailing stop loss: $0.4630
Good luck! and do follow to motivate me and support my work.
FTM Long Position (Oversold Conditions) Market Context: FTM is at a key support level and is oversold on medium timeframes, making it a favorable candidate for a long trade.
Trade Setup:
Entry: Long spot position at $0.43 support level.
Take Profit:
First target: $0.50
Second target: $0.60
Stop Loss: Just below $0.40
📊 This setup aims to capitalize on the oversold conditions and key support, with clear profit targets and a tight stop loss to manage risk effectively. #FTM #CryptoTrading #SupportLevel
Fantom | FTM & Andre Cronje FTM jumped 300% since Defi father aka Andre Cronje is back as vice president of memes at the fantom foundation! wait a what...
FTM has been one of the best performing tokens of 2023, pulling off a series of impressive gains in the last few weeks the price of Fantom is $0.53 today with a 24hour trading volume of 315 million dollar. This represents a 4% price increase in the last 24 hours and a 11% price increase in the past 30 days.
Blockchain platform Fantom plans to introduce version 2 of its fusd stablecoin to provide a more predictable and budget friendly system for builders, partners and users, developers said in a post over the weekend. They didn't give a timeline for the release.the new version will allow the stakeholders to allocate fees in either fantom or fUSD and to predict future costs based on usage, the developers said. It will allow programmers to build additional institutional products for users and provide a more consistent system for planning and budgeting for grants. .on Jan 24, the Fantom Foundation announced a partnership with Axelar, which will introduce interchain communication to the Fantom Network and ftm whales use every opportunities to accumulate as much as they can
since we published our first ftm chart and hit all targets - 100% gain - its time to look at the chart again and set new targets.
The daily EMA showed bullish signal at 0.35 and it shows the down trend is over. RSI shows bulls are in control. ftm successfully broke ascending triangle at 0.23 and broke 0.29 and 0.31 resistance as well. next targets for FTM are 0.57, 0.59 and 0.63$ and if you trade with btc pair ftm broke 000016 resistance and heading to 000018 and 000020
Crucial Points To Prevent Further Price DeclinesBINANCE:FTMUSDT FTM is trading within the $0.46 to $0.48 support range. These levels serve as crucial points to prevent further price declines. If the price stabilizes within this range, there is a potential for an upward move.
Potential Scenarios:
Maintaining Support and Moving Upwards:
If the price holds within the $0.46 to $0.48 range, there is a possibility of rising towards the $0.54 and $0.55 targets. These resistance levels could act as short-term price objectives.
Breaking Support and Continuing the Downtrend:
If the price fails to maintain these support levels and drops below $0.46, selling pressure may increase, leading to a move towards lower levels. In this case, traders should closely monitor the market's behavior.