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Fantom

Fantom/USDT quick analysis Quick analysis regarding fantom. In my opinion there will be a small bounce back in 1-2weeks, RSI oversold. Small correction is probable, (not over 0.53 price, resistance is strong there). After that we might see price go sideways for next couple months. (0.25-0.42 price range, there is really strong support in 0.25-0.26). I would keep an eye on BTC, if it hits new bottom of the year, we can get fantom cheaply (0.16-0.25 range). Which of course im hoping for, but because there is so strong support at 0.25-0.26 price range, it will be very hard to hit bottom below that. Maybe there should be short term limit sell orders close to 0.285 as it is very probable, price will go below that, because there is no support on that range, next support seems to be 0.25-0.27 range. This enables to buy cheap, about 0.25 would be ideal, if there is fast correction and not big trend going down. If that happens, i would wait a bit, and watch if we can even go below 0.25, if so prices might be at 0.16 on lowest (very good price in my opinion:) In short period of time, we might see a dip, not that much action, compared to couple previous days. Good luck with your trades!
by SuomiJamppa
FANTOM - Step By Step We Rise AgainFANTOM has risen a good 21% today and given that the number was almost 30% a few candles earlier this could be time for it to rise again. Nasdaq is rising nicely on support, Crypto is recovering and weekend is coming. We expect the rise to continue 🦉💹 We are Long on Fantom and our expectations remain high. The market has taken a beating but the Great projects will prevail and FANTOM is in this category. Our Bitcoin chart: One Love, the FXPROFESSOR
Long
by FX_Professor
5
FTM - Levels to watch.Fantom is still rekt, down over 60% from the sell signal and down 77% from its highs back in October 2021, there is still a lot of room for this to fall. The way the chart is now I wouldn't really start paying attention until around $0.95 cents. I would neither buy or sell here, just add an alert and stick it in your watch list. If following the DCA signal the average position here would be around $1.65 with between 5% and 10% allocation. Risk here is currently very low so there could be a chance to move that average down a bit further but personally I would wait for further confirmation of a trend change.
by Cryptodontrading
📈FTM: when to open a trade? Is sl collection still possible?📈Fantom(FTM), we have to wait for the RIGHT setup or pattern to open a trade to earn +10%, 20%, 100%, and not mindlessly open trades and lose -2%, -5%, -10%. That's what I'll talk about in this idea. 🚩The key zones on the chart are: 🔶$0.564-0.686 - liquidity gap ⬜$1.15-1.50 - huge value zone ⬜$1.98 -2.45 - value zone The price touched the liquidity gap , and since there are no buyers or sellers there , the price quickly bounced off that area. To open a long it is necessary to wait for the collection of stop-losses, the whales manipulation, of course, with the growth of volumes on the indicator. That' s why local collection of traders' stop-losses below the level of $0.66 is still possible. After that it is possible to open long trades❗ 📍The trendline. When the price touches the global trend line, it is necessary to pay attention to the squeeze. The squeeze shows the willingness of traders to buy and a possible break up soon. You can see manipulation and local stop loss collections sometimes, but the squeeze is one of the most successful and simple strategy I use . 🎯Targets. The first target will be the value zone of $1.15-1.50. If Bitcoin and the entire crypto market will be in uptrend, the price have the chance to reach the second value zone of $1.98 -2.45. Every crypto (BTC or alts) is unique. Fantom, for example, grows very fast, pumping by 10-20%, so don't miss the entry point😉 🎥You have to wait for the right set-up on the chart, not to trade everything you see. Check out my yesterday video review on Bitcoin, it's relevant to all cryptocurrencies!
by Yuriy_Bishko
2
⭕️BUY crypto FANTOM ; Now is the best time to Buy ❗️🧐🔰You see the analysis of the crypto FANTOM in four hours ( FTMUSDT , 4H) ❗️🔎 🔰BUY FTMUSDT at 1.0300 ✅TP ; 2.0600 (+10300 pips) ❌SL ; 0.9180 (-1120 pips) 📊R/R ; 0.1 (This number is derived from the division of Risk to Reward and must always be less than one, and the less it is, the better🧐) 🔰BUY FTMUSDT at 1.0300 ✅TP ; 3.1000 (+20700 pips) ❌SL ; 0.9180 (-1120 pips) 📊R/R ; 0.05 (This number is derived from the division of Risk to Reward and must always be less than one, and the less it is, the better🧐) 🔥🔥 🔰Due to the price in the demand area and the fatigue that is evident in the price movement, if the price breaks the white downtrend line. Buying in this area seems low risk. The first target is located in the nearest supply area and the second target is located in the main supply area, which was previously the highest price for this crypto.💰👌 ⚠️⚠️🔥Take a look at Phantom Analysis step by step on YouTube🔥⚠️⚠️ ⚠️⚠️Please observe capital management and open a low volume transaction❗️❗️ I hope this analysis is useful for you🙏🏻🌹 📌Please introduce the "TRADER STREET" to your friends 🙏🏻 _______________________📈TRADER STREET📉________________________
Long
by TRADER_STREET
2