FANTOM- 3 Doable Targets For Q2💎👻 FANTOM has had it's correction but support has now worked twice so let's look at 3 doable targets for the price, between now and June.
1,40 - 1,70 and 1,88 is what our chart shows but then again there is no guarantee for anything; this is just our chart here.
We will need to see Bitcoin rise for all these to happen and it looks possible today: look at our BTC analysis here:
Let's go step by step.
the FXPROFESSOR
Fantom
FANTOM ; into Falling Wedge PatternThe Fantom has Formed a Falling wedge pattern on the its daily chart in the last few weeks so if the bulls could breaks upper trend line i think it will started a bullish move up to second major resistance as i've Marked by my red arrow.
Happy trading 🌷
Check out last my analysis
FANTOM- Time to Rise💎👻 We see support here and the market is attempting a rebound. Could this be FANTOM's time to shine again? Possibly!
Many first and second-generation blockchains like Bitcoin and Ethereum were not designed for scalability. They only prioritized security and decentralization. This resulted in slower transaction speeds in the network, especially when new nodes were introduced. For instance, a transaction on the Bitcoin blockchain network could take up to 15 minutes, whereas transactions in the Fantom network takes only a few seconds.
Fantom addressed the 'blockchain trilemma' of balancing speed, security, and decentralization using the unique Lachesis consensus.
The PoS process of Lachesis allows validators to create new blocks by staking their FTM, like any other PoS blockchain. But the critical feature of the Lachesis consensus is that the aBFT protocol allows nodes to create blocks independently.
The Byzantine Fault Tolerance algorithm allows for consensus even if there are faulty or malicious nodes in the network. Theoretically, it could handle up to one-third of faulty or malicious nodes without negatively affecting the network.
Therefore, nodes can reach consensus alone through a two-stage block confirmation process as long as they reach a two-thirds supermajority. This means there are no leader nodes responsible for creating blocks, which results in faster transactions while maintaining high levels of security.
The fantom network is more decentralized as the blocks in the network are independent. Every decentralized application runs on an independent blockchain structure that is connected to the Lachesis consensus.
The Fantom Opera mainnet utilises the Fantom Virtual Machine. This is Fantom’s software development kit that provides the framework to develop and deploy decentralized finance applications on the network.
In addition, Opera is also compatible with the Ethereum Virtual Machine (EVM). It allows developers to move their Ethereum based decentralized applications onto the Fantom network seamlessly and provides interoperability with the world's biggest smart contract-based platform.
Can Fantom dethrone Ethereum?
While Fantom is relatively young, it has a lot going for it, especially as a contender to Ethereum. It is more decentralized due to its independent blocks, and it takes 1-2 seconds to complete a transaction on the network. It is also slowly becoming a hub for DeFi projects. According to data from Defi Llama, in January, Fantom became the third-largest decentralized finance (DeFi) ecosystem in terms of total value locked in.
Let's see if FANTOM can get back on the right path now.
One Love,
the FXPROFESSOR
Two Key Levels: $1.5 and $1Two Key Levels: $1.5 and $1. I expect a bounce from $1.5 although $1 is a stronger support.
Not a financial advice.
FTM Fantom bounce from supportFTM is sitting at a strong support level.
I think it`s ready for a reversal to the $1.54 resistance.
Looking forward to read your opinion about it.
FTM USDT - LONG SHORT analysis Flag patternmy first trend analysis on FTMUSDT
we can see flag pattern on 1H time frame
now we should wait to see what happened.
FantomFTM/USD this is my idea for Fantom I saw 2 supports in this cryptocurrency im waitin for 1 Support 1.1500 if breakout in First support im buyin if not breakout im waiting for 2 Support 1.1000
FTM analysis in 4-hour timeframe LongThe $ 1 Fantom is well-supported, ready to jump up, but not as a pump.
If the number of followers reaches 100 this week, I will put pure analysis every day.
Follow fractal_analysis98
FTM falling wedge#FTM/USDT
$FTM can be inside a huge falling wedge.
🐻 price can drop more to lower line of wedge that is around 0.786 fib level.
🐻🐻 break down from lower line will drop price to support around $0.5.
🐮 holding the lower line can increase price to break out from wedge and head up toward resistance zone between $2.2 and $2.5.
Elliott Wave Analysis: Cryptocurrencies Can See Deeper PullbackHello everyone.
In this video, I will talk about cryptocurrencies, in which will cover Bitcoin miners' outflow who were massive lately, so miners want to sell or exchange bitcoin for something else. At the same time, I see an even "strong" Luna now in the late stages of an uptrend. It appears there is a chance for a deeper pullback on cryptos.
If you like the video, please press a like button below or leave a comment below.
Thank you.
Enjoy your weekend.
GH
FANTOM - Healthier Support than Most ALTSFANTOM had failed to go any higher and yesterday the dip brought it below it's key support level, which is now resistance.
In our last post we had stated that it would need to ''Break the 1,40 and FLY!'' :
All this after the Cronje incident:
Regardless, FANTOM remains one of our favorite and yet more promising picks, so here we go with a new Long position on a new support now.
One Love,
the FXPROFESSOR
Fantom FTM Price Targets and Stop LossFTM/USDT short
Entry Range: $1.47 - 1.65
Take Profit 1: $1.41
Take Profit 2: $1.28
Take Profit 3: $1.13
Stop Loss: $1.69
Fantom bull both long & short term(Falling wedge)As you can see in the chart FTMUSDT has a falling wedge for long-term. It also has a breakout so long-term bull confirmed.
For the short-term we can see a falling wedge but we should wait for the breakout to confirm bullish sign.
In my opinion it's good to put a stop-loss at the top of the wedge(yellow line) to be sure about the FTM price rising and avoiding false signal.
Fantom GOING BULLISH!! 🚀🚀💣💣BINANCE:FTMUSD
Fantom will provide you significant gains these coming months!! 🚀 🚀 🚀
For a steady profit set your take profit limit @ 15% on your entry
Don't follow others advice but follow technical based analysis!
- David van Delden
Next Level Quantum Trading - www.financeimperial.weebly.com
Fantom in descending wedge scaring away all evils 👻💀The price is in an interesting region on the Pitchfork fork.
And MACD is confirming uptrend.
A good time for entry I believe is at 50% of Fibo correction.
The uptrend will expand upon breaking above the wedge.
Against Bitcoin, the asset is also at an interesting moment.
We had a rejection of the last support breakout, and consequently a diagonal resistance breakout.
FTM - Short to $1It is clear that FTM had difficulty breaking the downward momentum. It had three touches at the resistance on the daily TF, but was unable to hold it as support. I can see this coin going back to $1 or lower. Furthermore, based on my indicators, it tells me that the trend is exhausted, whale money flow and stoch rsi is overbought on the daily timeframe
Bitcoin Daily TA : 04.04.22 As we can see the price broke the 46K resistance zone , now the price is consolidating above this level, by maintaining the support in 44K zone , we can expect the price to rise to the Equilibrium (50% fib ratio of the main downtrend) in the range $ 49,500 to $ 52,000, if this rsistance is broken, one of the most appealing and important ranges for saving profits of whales and institutions is from 52K to 56.5K range ! Important price supports are $ 44500 and then the range of $ 40400 to $ 41,500, respectively! Targets will be updated!
Follow us for more analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 04.04.2022
⚠️(DYOR)
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FANTOM - Depending TA on interesting trendHello trading friends,
Depending on TA FTM are an interesting zone.
We will follow the coming time trend to see how it will play out.
# know when to take profits on any coin
Have good time
- This is not a trading call - trade only depending on your setup.
FANTOM (FTM)FANTOM is one of the famous projects with high volume of exchanges in the cryptocurrency market.
With the improvement of our network, we will soon see its emotional rise and we will see the range of $ 5.
BINANCE:FTMUSDT
FTM TO REACH PREVIOUS HIGHS 🥷🏻Greetings,
Today we're looking FTM. Fantom is an open-source decentralized smart contract platform for DApps and digital assets that was created as an alternative to Ethereum. During May 2021 whilst all alts were booming, FTM went from 15c to 94c, then went back to 15c.
In the short term i'm keeping a close eye on the upwards parallel channel that it is working in. If the market structure changes and falls out of this pattern I will act accordingly. Below is a longer time frame of FTMUSDT - We can see the all time high currently sits around $3.40.
Buy Zone
$1.42 - $1.48
$1.48 - $1.55
Targets
$1.78
$2.06
$2.34
$2.58
FTMBTC Chart - We can see here that FTM has really not moved much from it's low support against BTC. Which is great sign and shows a huge upside potential.
FTM can only reach previous highs if Bitcoin continues to see green candles, btc controls the markets price.
Remember, nothing is guaranteed, control the controllables.
Mogues
FTM trading setup idea! 💡FTM trading setup idea! 💡
Enter the trade by checking yourself. 💥
Do not put more than 2% of your capital at risk! ❌
Do you think this scenario will happen?
