Fantom
Confirmed Buy SignalToday there is a confirmed buy signal on FTM against USDT. This is the third DCA signal since the hard sell signal at the $2 mark. The price dropped over -90% since then. The turning point here is above 0.34 cent which the price is currently at. If a hard buy signal comes then it would be time to increase position sizing and take real interest in this trade.
Luck or Chart? (Oops I did it again) 🙄It looked like it was time and indeed it ended up being another good one:
News:
DePocket Lists Fantom ( FTM ) as its Latest Supported Chain
Less than a month ago, on June 20th, a company known as DePocket, which allows users to easily manage and optimally invest their crypto assets across all DeFi platforms, announced plans to support Fantom ( FTM ). According to the company’s tweet, it decided to add support for Fantom blockchain and enable users to use DePocket’s service to track assets on the Fantom chain, using its popular multi-chain wallets.
Recently, Fantom confirmed that DePocket did go through with the plan, and that Fantom’s blockchain is now officially supported by the service.
What does this mean for Fantom?
As mentioned, users will be able to use DePocket to track Fantom-based assets in wallets like Trust Wallet or Metamask. The same is true for those who use Fantom single-chain wallets.
Fantom is a permissionless, decentralized smart contract platform that particularly focuses on dApps and digital assets. As such, it is one of Ethereum alternatives and in the eyes of many — a potential successor to Ethereum . It is infinitely more scalable, with extremely cheap transaction costs which are typically under a cent.
On top of that, it is also EVM-compatible, and it uses PoS consensus mechanism, all of which makes it a safe and reliable platform for launching or using decentralized applications and other smart contract-based blockchain products.
So far, this has already worked well for the project, which is constantly seeing more and more innovative and interesting dApps which are enriching its ecosystem and attracting more users.
This is also what makes it perfect for DePocket, which seeks to integrate the leading chains into the application dashboard. Thanks to its reputation, ecosystem, technology, and more, Fantom definitely fits in well with the rest. Furthermore, additional supporting dApps on the Fantom chain will soon also become accessible via the DePocket app, according to the company’s announcement.
FANTOM - This could be Time for 30c (Or higher!)FANTOM on support at 0,256 and 0,30 is a target that should normally be checked.. only there is no 'normally' when it comes to crypto so DYOR and take your own decisions.
Professor is Buying with targets of 0.30 and 0.40
News:
DePocket Lists Fantom (FTM) as its Latest Supported Chain
Less than a month ago, on June 20th, a company known as DePocket, which allows users to easily manage and optimally invest their crypto assets across all DeFi platforms, announced plans to support Fantom (FTM). According to the company’s tweet, it decided to add support for Fantom blockchain and enable users to use DePocket’s service to track assets on the Fantom chain, using its popular multi-chain wallets.
Recently, Fantom confirmed that DePocket did go through with the plan, and that Fantom’s blockchain is now officially supported by the service.
What does this mean for Fantom?
As mentioned, users will be able to use DePocket to track Fantom-based assets in wallets like Trust Wallet or Metamask. The same is true for those who use Fantom single-chain wallets.
Fantom is a permissionless, decentralized smart contract platform that particularly focuses on dApps and digital assets. As such, it is one of Ethereum alternatives and in the eyes of many — a potential successor to Ethereum. It is infinitely more scalable, with extremely cheap transaction costs which are typically under a cent.
On top of that, it is also EVM-compatible, and it uses PoS consensus mechanism, all of which makes it a safe and reliable platform for launching or using decentralized applications and other smart contract-based blockchain products.
So far, this has already worked well for the project, which is constantly seeing more and more innovative and interesting dApps which are enriching its ecosystem and attracting more users.
This is also what makes it perfect for DePocket, which seeks to integrate the leading chains into the application dashboard. Thanks to its reputation, ecosystem, technology, and more, Fantom definitely fits in well with the rest. Furthermore, additional supporting dApps on the Fantom chain will soon also become accessible via the DePocket app, according to the company’s announcement.
📊FTM: do the whales try to collect liquidity to open a long?The appears of volume at the bottom is the sign of bulls. If it appear this time it will show the local bottom and we can look for entry point at FTM.
📊Now the price try to fall bellow the HUGE value area of $0.24-0.27. It can be just collection of the liquidity for whales to open a long trades. Also sl of long traders will be trigered.
📊You have to see this preconditions to open a long after the fall:
✅volume growth - show us the appears of buyers and local bottom
✅return or squeeze to $0,24-0,27 value area - sign of bulls
✅squeeze to the trenline - best confirmation of the upcoming growth
✅BTC bulls sentiment - help altcoins to grow higher
🚩The targets:
$0.293 - key level
$0.34-0.37 - the HUGE value area and resistance
💻Friends, press the "like"👍 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.
FANTOM - Huge Level is 0,3049Market on the rebound and a huge level will be tested sooner or later for FANTOM.
Can Fantom (FTM) Retrace Back to Its Peak Values?
After raising millions through various ICO rounds in 2018, Fantom’s main net went live by the end of 2019. Unlike most cryptocurrencies, FTM does not use a blockchain but relies on a DAG, and it is secured by a novel Proof of Stake consensus mechanism called Lachesis.
This protocol enables FTM to process and complete 20,000 transactions per second. Fantom has around 60 validators, of which the Fantom Foundation runs a few.
One Love,
the FXPROFESSOR
Buy signal on FTM against BTCThere is a clear buy signal on FTM against the BTC pairing. This comes after a drop of -73% from the last sell signal. With the way the market is some alts will outperform against the BTC pairing. There was a previous DCA signal in April and if you took that entry (which should be on a very small percentage of the overall position) then now is a good time go in with some more size and move the buy average lower. The risk here is not telling us much and the TDV is almost at the zero line so volatility is very low. Manage risk and position sizing.
Fantom (FTM) - July 2hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(FTMUSDT 1W chart)
Whether or not it can move higher than 0.6947 is crucial.
To do this, it is necessary to check whether it can be supported above 0.0160.
(1D chart)
The key is to find support and move higher above 0.2600.
If not, it is likely to lead to further declines.
When a wiggle up and down to the 0.3438-0.4254 section, it is expected that the ascent will begin to rise above 0.6947.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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💹FTM: on the way to the second target and...long traders trap?!Fantom is following my scenario. It`s almost not consolidate under the trendline and directly break it up. It`s a good sign of the bull strength.
After reaching the $0.30 key level and our first target price made local double top and break the trendline down. It would be too obvious to break this trend line with a strong dump, since after such a serious dump 2-3 weeks ago, not enough traders have accumulated for a trap.
There were a lot of buyers at the bottom and volume indicator confirmed it. During FTM growth we haven`t seen the huge volumes that confirms us the sellers presure.
So for the huge pullback and to entry the short we should wait for the local pump and the false breakout (liquidity collection) which can happen when the price reach our second target. This is the $0.34-0.38 value area. I don`t think that the pullback will be the deep but we to make 1:3, 1:5 RR we don`t need it.
✅This is the one out of severals scenarious and most possible of them so stay tuned to get more updates.
💻Friends, press the "like"👍 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.
Fantom Adam & Eve Bottom Pattern Can Lead to 140%+We continue and this time Fantom (FTMBTC) is the altcoin pair at hand.
There are always so many signals and indicators to look at...
But the strongest of all signals is the market cycle.
If you can learn the market cycles you can know when everything will recover/bounce/move up.
Keeping track of the market cycles, once on a bullish wave we can also figure out all the peaks/highs and tops.
For FTMBTC, we have a strong RSI after a new low.
Prices trading above EMA21 and EMA10...
This is another chart setup with LOW RISK and HIGH POTENTIAL REWARDS.
You can find additional details (targets and stop-loss levels) on the chart.
Namaste.
Clear buy signal on FTM/ETHWe now have a clear buy signal on the Fantom / Ethereum pair. This follows on from the early buy signal just over a week ago. The price is currently down -64% since the last sell signal all the way back in February, if you previously exited at that signal now is a good time to get back in. I expect Fantom to outperform Ethereum at this point in time. Manage your risk and position size accordingly.
Off to 0,2781 for the Big TestFEDS have spoken and our sentiment is that a rebound could now continue.
Powell mentioned recession a bit more than i expected but the statement is more Dovish and i hope that the markets can see this in a positive way.
I am going Long with care and FANTOM is one of the assets I like to Buy.
One Love,
the FXPROFESSOR