Fantom
🔥 FTM Easy Bounce Trade: Support Holds!FTM has been falling like the rest of crypto, but the price failed to fall through the main bullish support of the last few weeks.
In my view, this gives us a nice opportunity to play the bounce with a clearly defined stop and profit target.
BTC appears to be reversing as we speak, so it's a matter of time before alts start regaining their losses.
Fantom (FTM) coin completed setup for upto 26.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of the Fantom (FTM) coin with US Dollar pair.
Our last successful trade of FTM was the below one, and it was almost 44% pump:
Now on a daily time frame, FTM has formed a bullish Gartley move for the next pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
FTM/USDT In the Crucial Area. Break and Bullish or Rejected ???💎 FTM's recent market activity has undeniably garnered attention. The coin's trajectory showcases a breakout from the Descending Channel, further emphasized by its significant volume and upward momentum.
💎 Interestingly, FTM didn't undergo the typical retesting phase on the resistance trendline post-breakout. Instead, it surged forward, breaking and closing above the resistance level at $0.2195. This resistance has now transformed into a support zone for FTM. Observations indicate that probability FTM has been consistently bouncing off this newfound support, aiming for the next pivotal point: the supply area.
💎 This supply area is a critical juncture for FTM. For the coin to continue its bullish trajectory and reach the subsequent supply zone, it needs to break and sustain above this area. However, the crypto market's inherent volatility means there's always a chance for a reversal. If FTM faces rejection at the current supply zone, it might retreat to its support at $0.2195 to gather momentum for another upward push.
💎 A failure to bounce off this support could see FTM descending towards the demand zone. This demand area is FTM's last bastion for bullish hopes. A breach here could trigger a bearish trend, potentially pushing FTM towards its key support zone.
💎 In a pessimistic scenario, if FTM revisits the demand zone and fails to uphold its position, it could mirror the trajectory of FTM, as mentioned. This would mean a potential downward spiral for FTM, with the coin possibly gravitating towards a strong support area, emphasizing the delicate balance between bullish optimism and bearish caution in the crypto landscape.
Resistance Zone, can be reversedLast idea
On 4H TF
The first candle has rejected #Resistance. This Resistance is supported by Descending Trend Line and Previous High
I found a #FairValueGap around 0.287 and Support Zone around 0.26 by Ascending Trend Line and Fibo Clusters
I think Fantom can be reversed if it can break this resistance
Wait for next move
Reversal Pattern, A Triple Bottom | Long BiasOn Week TF
Easily spot the reversal pattern which is triple bottom.
Now, Fantom is trading at 0.231x and will being move up to resistance 0.33
Fantom is trading in Triangle Pattern so wait for a breakout
The Dollar Shop💵: ADA, FTM, CTXCHi Traders, Investors and Speculators of Charts📈📉
I'll be making a series on altcoins that are trading well under 1 dollar. These coins make for great additions to a diversified portfolio AND with such a cheap price, why not get a few. You never know which one will 100x 🤑
Incase you missed the previous one, find it here :
NOTE that these are accumulation ideas ideally. You can definitely swing trade once they have doubled, but keep a few around for incase one of them x10 or x100.
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FTM Speculative Asset Play - DeadCOIN?FTM is one of those coins that is in a pretty uncomfortable place for me, Not much going on in the Fantom Ecosystem and a ton of new competition has sprung up over the past three years, However from a technical standpoint FTM looks incredible right now, Id recommend accumulating at least a small bag in case these targets do come to fruition.
Support Zone : $.2570 - $2670
Major Resistance Zone: $.2960-$.3210
Target 1: $.3863 +31%
Target 2: $.4880 +64%
Target 3: $.6101 +105%
Fantom is a directed acyclic graph (DAG) smart contract platform providing decentralized finance (DeFi) services to developers using its own bespoke consensus algorithm.
Together with its in-house token FTM, Fantom aims to solve problems associated with smart-contract platforms, specifically transaction speed, which developers say they have reduced to under two seconds.
The Fantom Foundation, which oversees the Fantom product offering, was originally created in 2018, with the launch of OPERA, Fantom’s mainnet, coming in December 2019.
Fantom is an open-source decentralized smart contract platform for DApps and digital assets that was created as an alternative to Ethereum. Fantom has the goal of overcoming the limitations of previous generation blockchains and balancing three components: scalability, security and decentralization. The project offers a set of tools to simplify the process of integrating existing DApps, as well as a detailed staking reward system and built-in DeFi instruments.
Fantom = Phantom JetGet ready for fantom and don't miss it again.
Fantom will have great rise after he wakes up again after this bearish trend line and then 1$ is easy.
FTMUSDT UPSIDE IS COMINGFTM has breakout on the weekly and there is upside coming in the next 3 months
not FA.
fantom is preparing for a bull runHi
ftm has finished subwave x of wave X and has started to cover wave y recently.
#FTM #FANTOM long-term targets, until the end of 2025Fantom's long-term targets, until the end of 2025
According to Elliot's wave count conditions, from March 2020 to January 2022, a five-wave structure can be observed, which can be a small part of a larger structure, i.e., it is either wave 1 or wave A of a five-wave or a three-wave. . From January 2022 to October 2023, a corrective structure will be observed as wave 2 or B, and now we are forming the next rising wave, which according to Elliott's rules should be formed as five waves and as wave 3 or C. Depending on whether the new movement wave is formed as wave 3 or C, different targets will be created.
Therefore, our target range will be relatively large, but according to the shape of the movement structure and also the estimate of the end of the climb, we can reach relatively suitable points in the specified time.
The targets are:
TARGET1: 6$
TARGET2: 15$
TARGET3: 60$
TARGET4: 270$
ENTRY: 0.33 -0.21 $
STOP LOSS: 0.15$
BULLISH ON THIS FTM TWO-YEAR APEXIn this chart of BINANCE:FTMUSDT , we saw an apex pattern and I would consider bullishness for this coin because of these factors:
Triangle and its past. The specific pattern shown is a descending triangle from its prior uptrend movement from a daily and weekly timeframe, indicating a higher chance of a resistance breakout.
Respecting the elderly. In terms of the seniority, the current resistance line is formed in January 2022 while the support is two years old and six months older. In my trading experience, the old will have the "firmness" and conviction.
I also posted this on my past idea of this two-year support, true enough the market respected it.
Take note, price rejection can happen, plot your support lines on an hourly perspective as possible.
I would add more goodies in the comments down below.
Always PLAN your trades and happy trading!
The FTM chart is amazing!The FTM symbol is inside a very large structure. Wave C of this large structure is a diametric, whose sides I marked with dashed lines. Now wave e is ending and we are entering wave f.
The Fibonacci on the chart is the ratio of wave A to G of the diametric pattern that I marked with a dashed line, and it is expected that wave G will end in this area in the future.
We expect the completion of the drawn movements from the FTM as shown.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
ftm long term i saw ideas that when some coin goes up publish the bullish when its goes down they say its dead man
i think
the market cap of ftm is small even small money can change the market
i analyzed ftm like this for long time ago
ftm will see 30 cents but it may stay there for a cuple of the time
but 30 cent resistance is powerful and when its goes over it it can be a powerful suport line
i think
the capacity of ftm is 1.5B so the real price is
50 to 60 cents (as i marked)
in the other hand
ftm has 22cent
and the 16 cent suport line
when its crash
i think ftm goes to 5 cent and it can be a bad ending
beware that any news can change the price extremely
the best news that i want to hear is ftm become layer 2 and nfts maket hype again or etc
many thx
Fantom (FTM) long - big breakout soon!?FTM are squeezed between the daily 20 MA and 200MA, and at the same time the weakly trend are about to break to the upside. It could lead to big move to the upside.
If a weekly trend break will be confirmed, I don't think it takes much time before we can see a 100% move.
Zoom in to smaller time frames to find a perfect entry with lower risk and adjust your stop loss according to your trading style.
The main idea is - big move is probably coming for Fantom - prepare to catch it
The idea in the chart have risk/reward ratio 6, with potential 100% profit
FTM has a dropWe have reached the weekly resistance and weakness can be seen in the upward trend. A liquidity pool is created under the candles.
It is expected that the liquidity pool will be broken and we will move towards the green box
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
FTM Major Breakout or Rejection Incoming?!?Lets take a look at this beautiful confluence on FTM. A confluence this clean from major pivot highs do not come around often and what I can say is that the smart thing to do at these levels would be to enter a short position with stop above the wick high.
Some people might trade this as a potential breakout, with a stop loss 1% to 2% below entry while managing your position size isn't a terrible idea but the most probable outcome is for price to reject a little from here.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
FTM doom predictions and golden opportunityFTM looks bearish.
Expecting a small bounce and getting rejected from the resistance .
Many altcoins have started making new lows so we believe that FTM will catch up and 0,1590 support will fail.
Looking for a buy orders in the green area:
0,055 - 0,038 usd
Long way to go. FTM may drop another 80 % from the current levels.
2 possible scenarios are shown on the chart.
Short it at the resistance or wait for a price to reach the buy zone .
Do you agree? Feel free to leave a comment
Fantom Launches Testnets For Sonic Upgrade, Estimates 6,700%Fantom Launches Testnets For Sonic Upgrade, Estimates 6,700% Throughput Gain
Fantom launched testnets for its upcoming revamped tech stack, Sonic, on Oct. 24, with the team claiming Sonic’s throughput will compete with major credit card companies and banks.
In a blog post, Fantom Foundation estimated Sonic can support up to 2,048 transactions per second (TPS) and an average finality of around 1.1 seconds. The upgrade also targets a 90% reduction in database storage and a lowered collateral requirements of 50,000 FTM for stakers, in addition to launching a new virtual machine.
“Sonic puts Fantom’s transactional capabilities on par with the heavy throughput of institutional players like major credit card companies, international banks, and enterprise institutions,” Fantom said. “The upgrade is the latest step in Fantom’s mission to improve its underlying platform without resorting to sharding or additional layers.”
The upgraded Fantom Virtual machine remains fully compatible with the Ethereum Virtual Machine and its programming languages. Fantom is targeting a mainnet deployment for Sonic during Q2 2024.
The news comes amid a brutal downtrend for Fantom, with the network shedding 99.4% of its total value locked (TVL) since ranking as the third-largest Layer 1 with an all-time high of $7.9B in early March 2022, according to DeFi Llama.
Just FWB:47M worth of assets are locked in Fantom-based DeFi protocols today, up from an 18-month low of $39.2M last week.
Two testnets
Fantom deployed both a public and a closed testnet for Sonic.
The closed testnet is intended to showcase Sonic’s maximum capabilities, while the public testnet is open for any user to explore.
Fantom said it is feeding the closed testnet with more than 2,000 TPS or 175M synthetic transactions daily to simulate its peak performance. This compares to a throughput limit of 30 TPS for the existing Fantom mainnet.
Fantom also estimated Sonic validators require 351 GB to store 518M pruned transactions, a 29% reduction compared to 1,194 GB on the Fantom mainnet. “The reduction in operational costs… decreases the barrier to entry to operate a cost-effective validator and makes it more accessible to participate in securing the network,” Fantom said.
Roughly Two-thirds of the transactions are ERC-20 transfers or mints, a quarter are Uniswap swaps, and 10% are native token transfers. The closed testnet will reset every fortnight.
The public testnet is also being fed synthetic transactions, but at a reduced rate of 130 TPS to leave room for transactions executed by public users.
Fathom has undergone a consolidation move lately but on the verge of a major breakthrough.
FTM/USDT bullish horizon? 👀 🚀 FTM Today analysis💎 Paradisers! FTMUSDT is currently on the radar, nearing a potential break above its supply zone, signaling a heightened likelihood of a bullish trajectory.
💎 After its recent emancipation from the descending channel, FTM has been charting an upward course. Presently, there's a strong probability it will approach and potentially challenge the supply level at .2169.
💎 Should it successfully surpass this threshold; the odds lean towards targeting the primary supply zone. However, if the coin faces resistance and doesn't breach the supply, there's a chance it might seek bullish momentum from the demand level at .1949
💎 The VRVP's notable volume further underscores this potential shift, suggesting a pivotal moment when the price converges on that mark. A descent below this point, however, could tilt the scales towards a bearish outlook. Stay informed and strategize accordingly!
The key is whether it can rise above 0.2413Hello?
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(FTMUSDT chart)
The key is whether it can receive support and rise in the 0.2002-0.2732 range.
(1W chart)
The key is whether it can receive support and rise in the box range of 0.2127-0.3683.
(1D chart)
It is necessary to check whether it can rise beyond the previous box range of 0.1669-0.2733.
To do so, the key is whether the price can be maintained above 0.208 and rise above the M-Signal indicator on the 1W chart.
Accordingly, it is important to be able to maintain the price above 0.2413.
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The important support and resistance point on the current chart is at 0.4484.
Therefore, you can set the 0.4484 point as the target point.
If you have set a target point like this, you must create a trading strategy to determine how you can wait until this target point.
If you are thinking of waiting as a trading strategy, it is better to place a pre-order at 0.4484 and not look at the chart.
If not, you must focus on stabilizing your psychological state and making it possible to wait until the goal point.
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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SasanSeifi 💁♂️FTM/USDT 👉1DHey there!😎 In the daily time frame, as you can see, after a price decline from the $0.17 range, there was a positive reaction, and it is currently trading within the price range of $0.19 while following a downward trend line. In the daily time frame, one can expect that if the downward trend line is broken and the price consolidates above the $0.20 range, we may see the price experience further growth after a minor correction and pullback to the level of the downward trend line, potentially reaching the significant supply zone at $0.24.
For a better understanding of the continuation of the price movement, it's important to observe how the price reacts when approaching resistance levels. The likely trend is also indicated in the image above. Maintaining the support range of $0.17/$0.16 is very important. Additionally, in case the price gets rejected from the $0.20 resistance range, there is a possibility of witnessing a sideways trend.
✨What's your opinion? Do you agree?
🔵Remember, always conduct your own analysis and consider other factors before
making any trading decisions. Good luck!"✌️
❎ (DYOR)...⚠️⚜️
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