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Fantom

😻 FANTOM - 20% Higher After Our Post Today!!! 🧙We posted it today as the ' Trade of the Day: Breakout and Targets'' : Fantom is flying for all good reasons we have shared with you once too many times befor. Here is our updated new chart with key levels to know. (from their website) : ''Opera is a secure and fast environment to build decentralized applications. It is fully permissionless and open-source. Powered by Fantom’s aBFT consensus algorithm, it leverages its speed and fast finality, and is ready for real-world applications with no risks of congestion or long confirmation times. The Fantom Opera mainnet is compatible with the Ethereum Virtual Machine (EVM) and provides full smart contracts support through Solidity. We designed Opera to overcome the limitations of older generations of blockchains, keeping the compatibility with Ethereum for seamless dApp porting.'' First time I looked at this and I thought: BLA BLA BLA ... Can they walk the talk? 10 months later I can tell you this: Fantom is FANTASTIC and Opera is great: speed and low transaction costs. This is my personal opinion and apparently more people with good repute seem to share this view. ps. Fantom has some kick ass new projects that we are looking at right now. Do some research, it might lead you to some great gems. One Love, the FXPROFESSOR
Long
by FX_Professor
3
🔥 FTM Massive Reversal: UpdateA couple of days ago, I made an analysis on FTM. Here I argued that the reversal we saw was most likely the start of a shift in direction, after FTM saw bearish price action for almost a month. In the end, FTM had to re-test the earlier mentioned support area around $1.90. Since earlier today, FTM saw a massive bullish move, making it one of the top gainers of the day and taking out the first target at $2.37. I'm convinced that the bearish phase is over now. Assuming BTC will stay relatively calm, we can see further bullish price action from FTM. Targets at $2.5 and $2.7, be aware that we might re-test the last local top around $2.27. Happy trading!
Long
by FieryTrading
9
ftm long swing ~let's try this again :^). when everyone is fearful, we have to be greedy! ftm pulled a beautiful impulse the other day, and has retraced back down perfectly after a 5-3-5 correction. i think it has the potential to pull at least 50% from here, especially if btc is going to see a mean retracement. during this mean retracement, we may see a little alt season. higher risk, wider stop, but i have a good feeling about this. btc still might raid 53k, so be prepared for it. target = $2.9
FTX:FTMPERPLong
by Eloquent
FANTOM- Trade of the Day: Breakout and TargetsPosting this one fast because the price is running fast. Breakout in the making and the targets as on our chart. Hope it helps, hope you are also on it and liking it: (from their website) : ''Opera is a secure and fast environment to build decentralized applications. It is fully permissionless and open-source. Powered by Fantom’s aBFT consensus algorithm, it leverages its speed and fast finality, and is ready for real-world applications with no risks of congestion or long confirmation times. The Fantom Opera mainnet is compatible with the Ethereum Virtual Machine (EVM) and provides full smart contracts support through Solidity. We designed Opera to overcome the limitations of older generations of blockchains, keeping the compatibility with Ethereum for seamless dApp porting.'' First time I looked at this and I thought: BLA BLA BLA ... Can they walk the talk? 10 months later I can tell you this: Fantom is FANTASTIC and Opera is great: speed and low transaction costs. This is my personal opinion and apparently more people with good repute seem to share this view. ps. Fantom has some kick ass new projects that we are looking at right now. Do some research, it might lead you to some great gems. One Love, the FXPROFESSOR
Long
by FX_Professor
6
🔥 FTM Huge Reversal: V-Shaped RecoverySince early November, FTM had lost almost 45% of its total value, making it one of the bigger losers of this month. A strong bearish move was to be expected after the massive 20x it made since August. However, investors did not forget about this coin. A massive buying spree occurred at the $1.9 support area, which held on till today. Since yesterday's lows, FTM has already gained 22% in value, making it one of the biggest reversals of the day. The next resistance area is the resistance of the bearish channel. In case the price can break out of there, I'd expect a further upside move, targeting $2.37 and $2.5 over the next weeks. Happy trading!
Long
by FieryTrading
12
Fantom of the Opera - Destination 4 Could be Fast 💎👻 (P2)13,5% HIGHER TODAY DESPITE THE MARKET STRUGGLING AS SUCH! What is Fantom Opera? (from their website) : ''Opera is a secure and fast environment to build decentralized applications. It is fully permissionless and open-source. Powered by Fantom’s aBFT consensus algorithm, it leverages its speed and fast finality, and is ready for real-world applications with no risks of congestion or long confirmation times. The Fantom Opera mainnet is compatible with the Ethereum Virtual Machine (EVM) and provides full smart contracts support through Solidity. We designed Opera to overcome the limitations of older generations of blockchains, keeping the compatibility with Ethereum for seamless dApp porting.'' First time I looked at this and I thought: BLA BLA BLA ... Can they walk the talk? 10 months later I can tell you this: Fantom is FANTASTIC and Opera is great: speed and low transaction costs. This is my personal opinion and apparently more people with good repute seem to share this view. ps. Fantom has some kick ass new projects that we are looking at right now. Do some research, it might lead you to some great gems. One Love, the FXPROFESSOR
Long
by FX_Professor
5
-35% crash on Fantom.Here are some bearish factors? 1).We had a pi cycle top on 26 October. 2).We have continually failed to break the linear regression trendline despite bitcoin breaking its 64k resistance. 3). It has rallied 232.37% in 34 days. Conclusion: The risk of a Potential upside rally while highly likely vs a potential short term wash of leverage by bearish price action. I choose the bears for they have best t.a. Price target of 1.9 about -35%. Trade responsibly and follow me on my twitter
Short
by trader734567
FANTOM - A good way to Buy the 'Black Friday Crypto discount' 🧙Correction took place, we got stirred BUT not too shaken and perhaps it is time to 'Buy yet another Dip'. After all, this correction felt a bit like a 'Black Friday' kind of discount before we enter the Xmas season.... 'it's all about sales' as a theory proposes. FANTOM has been one of our favorite posts the last 2 months and yes, it went really well. We have explained before the 'Why' (just check our previous posts below). If you are not convinced just try the speed and low cost of an Opera network transaction; you will be impressed. Let's Go FANTOM! the Fantom of TA, aka FX PROFESSOR 🧙‍♂️
Long
by FX_Professor
4
FTM - Trio Retest!Hello Trading Family, FTM is approaching an interesting area. What I call "TRIO RETEST" Here is why => The Highlighted Purple Circle is the intersection of Three key rejection levels/zones. Retest 1: Brown Trendline Gold is overall bullish and currently testing the brown trendline which acts as non-horizontal support. Retest 2: Lower Red Trendline The lower red trendline is the lower bound of the channel which I consider as an oversold area. Retest 3: Green Support - 1.9-2.0 The green level is a previous resistance turned into support As per my trading style/plan: I will zoom in to lower timeframes and look for bullish reversal setups (like a double bottom, trendline break, and so on...) Always follow your trading plan regarding entry, risk management, and trade management. Good Luck All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
21