FANTOM - Urgent Update w LevelsBad News:
Bitcoin tumbled in an extended selloff for cryptocurrencies, falling past $39,000 to its lowest level in more than five months.
The largest token sank 5.6% on Friday, marking a three-day downturn. Other cryptocurrencies were similarly in the red as investors offloaded risky bets in a volatile week for global markets. Ether fell below $3,000, losing as much as 8.8%, while Solana, Cardano and Binance Coin also slumped.
Here is our chart with updated levels. Remember to keep your cool and deal with every situation in the best way.
One Love,
the FXPROFESSOR
Fantom
The Dip what FTM needed to go to the moon in the last week FTM tried 4-5 times to stay above 3$ but could stay
later it fluctuated between 2.75-3$ constantly, in order to rise it needed a good retreatment.
It retreated to the exactly the support line
If big problems wont occur in world economics or in crypto, I think this time it will break the 3$ resistance
NOT FINANCIAL IDEA
BTC Daily TA : Bear or What ? 01.21.22Well , As you can see if the price can Break its important dynamic support and close below 40K i expect price to fall further and touch the 37800$ target and the next important support will be 35500$ ... let's see then ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 21.Jan.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
FTM drop in price? Hello everyone,
FTM is currently showing weakness in the bigger picture and we may see a drop in price in the future.
It is a little bit too early to draw conclusions but if the are not going to be any significant chances in the current pattern then we may see FTM at $2.00 soon.
Have a nice trading week!
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.
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!
FTM/USDT Still 90% Potential from here..?#FTM/USDT
$FTM trading at $2.77
As per our Last $FTM chart.
Did 20% profit and after hit Stop Loss.
Now Let’s see this support hold or not.
But I will buy at this support level.
Best Entry:- $2.60-$2.70
Targets:- $3.12/$4/$5
Stop Loss:- Below White Dark Line.
$FTM dumped After Fakeout.
So That was Big Fake-out but we booked Profit at Top.
Support:- $2.60
Resistance:- $3.10
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!
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
FTM - 1D - Sell SignalFTM printed a short signal on the daily yesterday.
Entry : 2.9307 (January 12th close price) or above.
Stop Loss/invalidation point : If daily RSI close above 70.
Take Profit : Use your own strategy. Don't be greedy!
Always use risk management.
Not financial advise. Trade safe.
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.
🐋
🔥 FTM Channel Break Out: New All-Time High SoonA couple of days ago I discussed the horizontal pattern for FTM. In this analysis I was looking for a potential short if BTC showed continued weakness. In the end, BTC reversed and so did FTM. No trade has been made.
With FTM seeing rapid gains, I'm seeing this token reach a new ATH in the coming day or so. Assuming BTC can remain relatively stable, we might even push further towards $3.70.
Happy trading!