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Fantom

Fantom two waysFantom is one of the only coins still in a mainly bullish trend. It has tested the $3.3 level, which is its ATH, and retraced to the .272 FIB level. Seeing as the market trend is not terribly bullish and we're testing the ATH, there are two ways to play this: 1) Aggressive: you enter now or at another retest of the .272, making it risky as we have the ATH and $3 (psychological level) to break. 2) You wait for a break of the ATH and after that a clear retest upon which you enter. Either way, I will be looking for a bullish crossover on the Stochastic RSI.
Long
by Coinathlon
FANTOM of the OperaFTM has performed very well since 21st Dec, gaining 155% to date. It is eye-opening when you realise how large the width of these channels are and the benefits of holding a coin for the long-term; especially those with good fundamentals. We can see FTM has long-term support (bottom black line), it is trading above all EMA’s and is currently using the 20-day EMA as support. FTM has attempted to breakout from its daily resistance at ~3.33 and faced pullback which may partly be due to the weakness in BTC. It is currently holding short-term support where it has previously seen long candle wicks. If it hits the short-term support at ~2.56 this could be a good area to look for buy setups for a re-test of ~3.33 resistance (29.15% gain). Alternatively, FTM could push toward the resistance from this point without further pullback and if that happens, there is a good chance that it flips the ~3.33 level to support. Please note I am not a financial advisor and this is not financial advice. All ideas are for educational purposes only :) Please feel free to leave your comments and thoughts below!
Long
by kush23456
FTM BEAUTIFUL BUYING OPPORTUNITY! Whats up fam, i have been checking out Fantom on a 4hrs chart and i see a great buying opportunity. I have a drawn a couple of trendlines, one is a long term trendline and the other is a short term trendline. I also have drawn a few key levels where the price could come down to. I am placing 3 buy limit orders on the green key levels that i have drawn. I am pretty sure fantom is going to drop to one of these 3 levels that i have drawn. Not a financial advice, just sharing my idea, good luck guys!
Long
by skanzymusic
2
FTMUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. We are in the daily time frame. You can see that the price has created the support line S1. It can either rise from right here or it can come down to the S1 line and then go up. The first target of both of which will be the R1 line. If the S1 line is also broken, then the next area for buying would be the S2 line for long-term. It needs to break the R1 line so that we can say it will enter a new bullish phase. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
by MarsSignals
4
what is next for FANTOM ? 💡As I mentioned in my previous analysis ✔️ target reached 💣 and now the price become close to important resistance area ✔️ if the price breaks the resistance to the upside, we can expect gain 🚀 unless we expect correction for the price to the downside and our target is 38 Fibonacci levels ❌🧨 This is not financial advice, always do your own research. Please, feel free to ask your question, write it in the comments below, and I will answer. 🐋
by MadWhale
10