Fantom/USDT Analysis next 2-3 weeks
We can see small correction in 4-6 days (MACD clear indication)
After that small upforward trend, we will be tryin to go close to last lows (12-14.5.2022).
Also (from BTC);
Same thing as Fantom, btc macd gives crystal clear data that the upward momentum is coming
Straight signals also from RSI keeps going up after that small downfard spike.
Fantom
$FTM/USDT 90m (#BinanceFutures)Falling broadening wedge breakoutFantom is pulling back to 50MA support and looks good for a bounce then a short-term recovery!
Current Price= 0.7531
Buy Entry= 0.7432 - 0.7050
Take Profit= 0.8346 | 0.9233 | 1.0164
Stop Loss= 0.6354
Risk/Reward= 1:1.25 | 1:2.25 | 1:3.3
Expected Profit= +15.26% | +27.51% | +40.37%
Possible Loss= -12.25%
Fib. Retracement= 0.559 | 0.786 | 1
Margin Leverage= 1x
Estimated Gain-time= 1 week
Tags: #FTM #FTMUSDT #Scaling #PoS #Staking #DAG #SC #EVM #Enterprise #DApp #DeFi #BSC #BC #SolEco
Website: fantom.foundation
Contracts:
#Mainnet
#ERC20 0x4e15361fd6b4bb609fa63c81a2be19d873717870
#BEP20 0xad29abb318791d579433d831ed122afeaf29dcfe
#BEP2 FTM-A64
#SPL 8gC27rQF4NEDYfyf5aS8ZmQJUum5gufowKGYRRba4ENN
#CELO 0x218c3c3d49d0e7b37aff0d8bb079de36ae61a4c0
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!
Fantom areas of interest above 0.65 centsFantom is down a huge -81% from the sell signal all the way back in February at just under $2. Above 0.65 cents and maybe we start to see some signs of recovery but right now anything below that level is just downtrend continuation. Stay away until things start to look a bit better.
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
FTM Entering Accumulation ZoneFTM entering accumulation zone. Time to start stacking up!
Key takeaways:
1. Respectable descending channel - looking to create a final LL
2. Major key support from last summer
3. Based on historic records, altcoins have a tendency to reach maximum drawdowns from ATH's at 90-97% thresholds. We have entered that territory.
We been SMASHED but can we Come Back? (YES!!!)FANTOM has come back to base, following the overall market performance (troubles).
Technically speaking the price is on support and a good 9% rebound is in place.
The 60 cents resistance is mild, the 50 cents support is much stronger.
time to Buy again? Who know.. we will be honest with you: things are scary but Fantom has a great project that we like to beleive in..so yes, time to BuY!
One Love,
the FXPROFESSOR
Levels to maintain in Daily FTMUSDT $FTM - analysis ichimokuHere you can see the price to maintain.
--> We've just made a rebound on flat SSA daily.
By the way, we make a falling wedge with RSI weekly. It's often bullish than bearish!
In weekly chart, we get out of this falling wedge probably next week but not in daily chart as you can see.
We see also a bullish divergence in 4H and in daily chart !
I hope that the 30k$ for BTCUSD will be huge support.
have a good day Fantom Family
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.
FANTOM- Time to Buy The Dip FANTOM Could be next to Pump.
Apart from the market's overall correction in April, Fantom ended up having extra reasons to suffer; named Cronje.
At this stage we see 99cents being the critical resistance which at least should be checked...and most likely breached over.
Let's see how the market does today and take it step by step but remember this: FANTOM deserves to shine again and it will.. sooner than later.
One Love,
the FXPROFESSOR
GOLD Can Bullish?Gold in the daily timeframe has reached the support range of its trend line and I have identified possible scenarios in the chart. If it loses $ 1850 support, we will have more drop to the specified limits. And if the resistance price increases, we will have $ 1900 and $ 1995.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
My predictions to Fantom's RSIBecause Fantom hit oversold in the RSI indicator, it is probable that it goes up towards the resistance line, then bounces back and consolidates, breaking through the resistance line. This means Fantom will revert and turn bullish.
DISCLAIMER: This is a theory and can’t be approved till further notice
BINANCE:FTMUSDT
📈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!