FTM APPROACHING RESISTANCE LEVELS Here is what I see that might be happening with fantom:
1) We are below the 200 ema, the ema ribbon, and the ichimoku cloud on the daily timeframe. Not a great sign, BUT we have managed to test the ema ribbon quite frequently during this downtrend, so we could very well break above it soon as the more often support/resistance is tested the more likely we are to break it.
2) If we do break the EMA ribbon to the upside we will again be testing the up trending zone of resistance we recently rejected from (red box). This has been used as strong support in the past and has already been used once as relatively strong resistance.
3) We have a relatively large red ichimoku cloud above us which isnt great, but for the past year or so we have been in relatively sideways price action, where the ichimoku cloud isn't as powerful.
4) If we do manage to get rejected from the ema ribbon, especially since volatility looks relatively weak right now, we could move to the bottom of the green box. This green box has acted as strong support/resistance in the past, so I would expect to find at least a bounce from the bottom of the box.
5) As of now, I am relatively bullish on this on the short term, especially if bitcoin keeps rising. FTM really needs to break the resistance ahead of it though or else it could send us lower.
6) This is not financial advice and always do your own research before entering the market.
Fantombitcoin
FTM #FTM FANTOM 4HR DiscussionNotes in the chart about Fantom. I personally feel a drop is coming. Conference is coming up and price is reflecting the momentum it seems. Bearish divergence and parabolic curve in process. This upside is not sustainable. It needs to cool down. I noted two price points which take into account support areas as well as VPVR.
HIT THE LIKE AND COMMENT BELOW PLEASE. THANK YOU!
CHART ON TRADINGVIEW USING MY AFFILIATE LINK: www.tradingview.com (thank you in advance!)
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. #cryptopickk #fantom #altcoins
FANTOM - 3rd Target Reached ..and Now?We see support at 2,85 now (our third target that was reached) and is now support to probably be checked and next level to take more profit at 4$
Previously:
we had called Fantom a 'Good way to buy the dip'
Called the correction perfectly here
and gave a new entry here
If only every chart could be SO good to us like Fantom...
Let's go higher now (or after a check at 2,85 as support, still fine)
the FXPROFESSOR
fantom ftmusdt 2$hi frends
how are you
Please save at least 50% of your capital within $ 2
----------------------------------------------------------------------
The price is likely to fall to $ 1,600
And you can save up to $ 2, even the total capital
-------------------------------------------------------------------
support 1 : 1.600
support2: 1.100
support3 : 1
like please
Fantom [FTM/BTC] on July 11 (#FTM #FTMBTC)FTM looks still strong and its target should be about 180-200sts in this bullrun
It is still accumulating for higher target and it may make correction to these 2 zones : 110-115sts and 90-95sts
Be careful if it drops below 90sts because it may drop sharply to 70-75sts or even 35-40sts
FTM ANALYSIS (BOTTOM IS JUST ABOUT IN!)FTM ANALYSIS:
FTM is bottoming out inside a wedge. Expecting a push off the zone of 80-95 sats. This is perfect entry point for those who are looking to enter. Main targets are T1 at 110 sats, followed by T2 at 122 sats. Last target is 140 sats back near accumulation zone, which is a new temporary resistance. FTM has plenty of room for growth, and breaching under 100 sats is go time. Small RSI bull divergence look to capitalize on. Remember to set exit points accordingly.
Possible Entries: 85-95 sats.
FTMBTC forming a bullish Shark | A good long opportunityPriceline of Fantom / Bitcoin cryptocurrency is forming bullish Shark pattern and soon it will be entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000140 to 0.00000137
Sell between: 0.00000143 to 0.00000149
Regards,
Atif Akbar (moon333)
$FTM targeting November ?Seems that $FTM is hanging in clients terms of mainet release !
Will not be surprised if Fantom will delay again the release of the first mainets.
Just hang on and enjoy the future gains !
FTMBTC Breakout | Bullish News Idea Idea is Very clear with 4 hour closing
possibilities that we can touch 100 ema and try to settle above but no one here to give money
so people trying to hold this level just because we are just retraced from breakout or above the Trend line
after closing of 4 hour candle direction is very much clear
FTM AB=CD scenarioAs you can see we are moving into descending triangle. In the past AB=CD worked nice let's see how it will works now. Idea will be invalidated if we break up and stay above descending trendline.