Fantom
FTMUSDT 1H - Crucial pointFTMUSDT 1H
FTM has reached a crucial point, where the buying force is forced to continue or the price breaks above resistance, and will look for the 0.5783 region. In case of rejection, you may experience supports between 0.5357 and 0.5184.
We follow the supports and resistances no 1H:
Main support levels : 0.5357 / 0.5184
Main Resistance Levels : 0.5183 / 0.6013
MACD is neutral
RSI : Exhaustion Buying Forces
EMAs are neutral
FTM has reached a crucial point, where the buying force is forced to continue or the price breaks above resistance, and will look for the 0.5783 region. In case of rejection, you may experience supports between 0.5357 and 0.5184.
FTM IS STILL BULLISHHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the FTM symbol.
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
🔥FANTOM: DON'T MISS THIS TRADE AND MAKE +51% PROFIT TO HIGH🔥Hi, friends! All altcoins make a pullback with BTC. It was so expected. FTM falls to the closest imbalance at $0.42-0.44 and now tries to recover.
I make the 2 trading plans for you, friends.
📊 MY TRADING PLANS FOR FTM:
1. I can expect the pullback to the area of $0.52-0.57 and return to this imbalance which becomes the support.
Here we will try to find the entry point to long again but with targets above $0.66 local highs.
2. FTM returns to the value area of $0.47-0.48 and test it as the resistance.
The price has to fall below the local lows to take more sl of the long traders and make a false breakout. There will be a time to open the longs.
✅ MY TARGETS FOR FTM:
🔥 $0.6 - the key level
🔥 $0.65- the key level and local highs
🚩Traders, what targets do you have for FTM? What is your favourite altcoin to trade? Write your thoughts in the comments!
💻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.
The price fluctuationsThe buying pressure in the weekly timeframe caused a temporary break of the $0.50 range. But price stabilization has not been observed in the weekly timeframe above this area. 5 consecutive weekly candles and breaking the previous static resistance levels is a very strong sign for the continuation of this movement after the correction. After the price of Fantom entered the corrective wave, the first important support is located in the range of $0.36-$0.38, where we expect a positive swing from this range.
But the second support of FTM is considered in the range of $0.278 to $0.320. This support level is an important supply and demand range in daily time, which has the potential for a stronger positive reaction. Its trend in the 4-hour timeframe is bearish, for which we can consider a bearish channel. The continuation of price fluctuations in this range is expected.
FTMUSDTHello dear friends
In the daily time frame, by reaching the resistance range of $0.5312, a Cypher harmonic pattern has been formed. A negative divergence of the RSI is not associated with this harmonic.
If the support range of $0.35 is completely consumed, the possibility of continuing the downward trend to the price area of $0.2424 can be considered.
Until the $0.5312 range is fully consumed, we have no intention of forming an uptrend in the medium term.
In the four-hour time frame, the RSI indicator has issued a negative divergence compared to the previous price ceiling.
We would be happy to hear your comments
$FTM Down to .328 then up to .87FTM appears with will hit the bottom of the weekly candled breakers. The smart money fib, that breakewr runs between the smart money buy, getting alot of retail to buy early, then sell thiniking it's gonna sink then back uip to when I would recommend.
Entry - .33
SL - .232
TP1 - .49
TP2 - .69
TPT3 - .87
KUCOIN:FTMUSDT
BITSTAMP:FTMUSD OKX:FTMUSDT.P
F\ KUCOIN:FTMUSDT.3L
BITFINEX:FTMF0USTF0LONGS
$FTM - could give us a SHORT opportunityHello my Fellow TraderZ,
$FTM in a recent uptrend literally ripped up the Shorters. But here could be an opportunity ONLY if we lose the Support of Line & the EMA 50 on 4 HTF.
Will see some strong retracement in downward around 15-20%. It could retrace more up to $0.32-$0.35, but will see that if #BTC starts behaving like a Bad Boy.
Get ready, observe the conditions, wait for Lower Low and just Hammer in CAPO style.
CHEERS!!!
Mummy Finance (MMY) Long mega potentialHello all perpetual lovers, this one is for you?!
And it’s a risky one - Mummy Finance (MMY)….
but Mummy Finance checks all the boxes for potential exponential growth (as I see it).
This perpetual exchange lives on Fantom network. I think many traders on Fantom network (including me) are waiting for a great perpetual Exchange - and here it is!? Mummy Finance is a fork of extremely popular GMX exchange (Arbitrum network). The look and feel is great and everything about Mummy gives me smell of success - no financial advice.
When it comes to TA, we have almost no historical data. We can see a big explosion in price the last days. But I really don’t think the potential future exponential growing is priced in….All things considered increased traffic on homepage/twitter, trending volume, NFTs, staking possibilities isn't priced in.
The most impressive key indicator is the revenue. $346,399 Dec 21st. Over 100K last 4 days!!!
If a it comes a big pull back, I really think it could be a good time to take a small bet. But please do your own research!
FANTOM'S ADVANCED TECHNICAL ANALYSIS !!!Here we are having an advanced Elliott based analysis on one of the best featured DeFi projects, Fantom .
As the chart illustrates, the expected deep correction is done, by completing the wave (b) and reaching the daily order block and also, changing the main structure by crossing the last major pivot. It might have an appropriate possibility for investment and buy some Fantom on 0.32$ 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-
FTM to ATH and beyond, question is WHEN?My opnion is that one of the fast performers on this new bull run will be FTM.
It's obvious from my point of view that the whole FTM/USDT graph it is a biiig BULL FLAG.
I've used the trend based fibo time to mark the possible answer to the question WHEN.
WHat do you think?
FTM is the ticker symbol for the cryptocurrency Fantom, which is a distributed ledger technology (DLT) platform designed to enable fast and scalable transactions. These are the key fundamentals and potential reasons for optimism regarding Fantom :
1.Scalability: Fantom aims to solve the scalability issues faced by other blockchain platforms by using its unique directed acyclic graph (DAG) structure, which enables parallel processing and high transaction speeds.
2.Interoperability: Fantom is designed to be interoperable with other blockchain networks, making it possible to integrate existing systems and infrastructure with the platform.
3.Use cases: Fantom is targeting a range of use cases, including digital asset management, supply chain management, and decentralized finance (DeFi) applications.
4.Partnerships and collaborations: Fantom has established partnerships and collaborations with a number of organizations and institutions, which could help to drive adoption and increase its network effect.
5.Research and development: The Fantom team is actively engaged in research and development activities aimed at improving the platform and expanding its capabilities.
This is just my opinion, it's not a financial advise!
Take care of your hard made money guys!
CHEERS!
FTM/USDT ChartHi, I try to post often so if you could follow and like it would mean a lot to me.
Crypto had a great run lately and in the midterm I am still bullish, but for now a small correction will probably happen. BTC is moving sideways and most altcoins don't have enough strength to break their next resistance so we will go back to support and then bounce. In the 4H and in 1D chart FTM is overvalued and looking to drop, so I think I have a nice short set up here. Not financial advice
We can only hope that 2023 is a good year for crypto and the markets in general.
I will probably give an update on APT in the next days, since I believe in a great run for the coin.