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Fantom

🔥 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.
Short
by FieryTrading
3
🔥 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.
Long
by FieryTrading
7
Fantom Gets momentum As the as the weekend arrives and all of news is out, most important of them non farm payroll that shows the job market is more resilienct than the consensus before and it would temper the end of future hike rates, Bitcoin and Etherium as market leaders in the cryptocurrency market are in uotrend but at this moment Fantom was stopped and I think it's natural because of the nature of this currency that starts moving fast and furious somehow. We will have two days I mean Saturday and Sunday that the stock market is closed, to decide which direction the cryptocurrency market will go, at this moment Etherium has gone up around 3% in 24 hours and we expect this currency to top around $2,000 by a similar calculation we can expect that Fantom gets around 0.46 until the end of Sunday that markets will be opened.
Long
by SaeedDalili
4
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
BINANCE:FTMUSD
by Crypto-Quantum-Fox
2
✳️ Fantom vs Bitcoin 1.1 Months Later...Here is an update for a pair that we shared late November... A little over a month ago. Fantom (FTMBTC) continues with a bullish bias. It is growing slowly and steadily as it should. While uncertainty can be seen with major pairs/altcoins, the smaller ones paint a clear picture. After the low is in, we get a long drawn out accumulation phase before the next bullish wave starts. On the daily timeframe, FTMBTC is trading back above EMA50 giving it mid-term bullish potential. This supports our view of a bullish Q1 2023. We can see similar charts across hundreds if not thousands of pairs. Meaning, higher lows positioned for a higher high since the June/July 2022 low. Some altcoins hit their lows in November and these two are set to grow in the months ahead. Here is the previous chart, 28-Nov-2022, see for yourself: Fantom vs Bitcoin Moves Above EMA50 (85% Target Mapped) It takes time... Patience is key. Namaste.
Long
by AlanSantana
2
✴️ Fantom Looking Like July 2021... 2,180% Wave To Go UP!Back in July 2021 Fantom hit bottom vs Tether (FTMUSDT). This bottom was marked by a hammer candlestick and what followed was a 2,180% bullish wave. This wave lasted 98 days. The bear market started right after and has been going for 434 days. A huge 95% correction (-95.29%) from the All-Time High... If the low is confirmed at 21-November-2022, then the total duration would be set at 392 days. Now, with Fantom looking like July 2021, we have to prepare for the next bullish wave. We have a higher low long-term so a higher high is still in place. It will take years to get there... We are at the bottom now... Once we hit bottom, the only one place left to go is... 👆 Namaste.
Long
by AlanSantana
4
🔥FTM GROWTH WILL IMPRESS YOU: THE 3 TARGETS FOR THIS ALTCOIN🔥Hi, friends! Fantom has been quite the rollercoaster ride in the world of altcoins, with its volatility making it a topic of much discussion among crypto enthusiasts. Recently, there has been a trendline breakout that has many traders wondering what the future holds for this digital asset. While some believe that this break may be temporary, others predict that it will return to the value area once more. One thing is for sure, the $0.53 key level will be a major hurdle for Fantom to overcome as it tries to make its way back to the top. 📊 TRADING PLAN FOR FTM: 1. return to IMPORTANT $0.44-047 value area after the local growth 2. volume growth as it usually happens at the bottom 3. bullish BTC is a must-have for the growth of 99% of altcoins ✅ THE MAIN TARGETS FOR FTM: 1. $0.53 - the key level and local high 2. $0.66 - the key level and local high 3. $0.75 - even number and key level 💻Friends, press the "boost"🚀 button, write comments, and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
5
Fantom outperform Bitcoin?Hello I'll start to make once per week update from some chart now on, so better stay tuned. Fantom looks really good against Bitcoin as long as price stays on top of that key level which I marked clearly with arrows . You can see from the chart what happened last time it broke that level. If we can't hold the level I let my risk managment do the work and look for new opportunity if the price comes back on top We can also break and retest the level which actually happens quite often if you stay patience Ethereum has also been outperforming Btc for 2 weeks now so that would support this and maybe move some money to alts. Everything depends of the Bitcoin Dominance chart. Let's check some bigger time frame also Not financial advice If you do take trades always use stop loss! 1st mistake novice traders do I don't use them and their ass burned! Check out my previous work "I think bottom is in" -Palén
Long
by PalenTrade