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Fantomcoin

FTM (Macro Picture)FTM / USDT Fantom is one of my favorite coins so far I made alot of signals and calls in FTM recently which ended in nice profits Macro Picture : This is the long term / macro picture which can updated per weeks to months only Mid term targets (wave 3) : 1.8$ - 2.2$ Then a possible huge correction (wave 4) Long term targets (wave 5) : 5.5$ - 8.8$++ If we reached there the holding in this area will considered a risky as the distribution phase will start near there Confirmation : breaking 1.15$ weekly Note : this is my long term view .. in short term strong fluctuations expected to happen DYOR
Long
by Babenski
18
FTM 💣 Ichimoku BREAKOUT Hey guys! Kina here, well FTM coin has been on a range for a very long time and still is stuck in a box. But as it bounced off from support I believe is going to re-test the resistance of this range which is at about 0.65 zone. So we could set potential targets in that area. Now, as we can see FTM pierced through the cloud, re-tested it and then bounced off from it again. An ichimoku cloud on a daily chart means we can go long and hold for as long as the coin give us! When price goes back into the cloud we keep the money and stay out of the trade. That's one classical way to use this famous indicator. Safe and consistent approach if you don't want to overthink it too much! Hold dearly and risk wisely, Kina 💣 The Girly Trader
Long
by KinaStar
2
Fantom ($FTM) Price Surges to $1 Amidst Market Volatility Over the past few days, UPCOM:FTM has experienced a remarkable surge, defying the consolidation gripping the broader crypto landscape. With its price jumping to $1.0 and beyond, Fantom has captivated the attention of both seasoned traders and newcomers alike. The Rally Unveiled: Since the advent of March, Fantom ( UPCOM:FTM ) has embarked on a staggering rally, propelling its price by an astonishing 150%. From a modest $0.41, UPCOM:FTM has soared to the $1 mark, with projections suggesting further gains on the horizon. Renowned crypto analyst Ali Martinez, who accurately predicted this rally, now foresees UPCOM:FTM reaching $1.44, underscoring the underlying strength of its upward momentum. A Steep Discount: Despite its recent surge, Fantom ( UPCOM:FTM ) still trades at a significant discount from its all-time high of $3.16, witnessed back in 2021. This discount presents an enticing opportunity for investors looking to capitalize on the token's growth potential. Moreover, with nearly 43% of investors currently holding positions below their initial investment, there exists a palpable sense of anticipation for a resurgence in FTM's value. Market Dynamics: The recent surge in FTM's price is not merely a result of speculative frenzy but is underpinned by tangible market dynamics. One notable development is the reduction in the supply of UPCOM:FTM coins available on exchanges. Since the beginning of March, the exchange supply has dwindled from 655 million to 643 million, signaling a shift towards long-term investment strategies. This decrease in supply correlates with a corresponding price increase, indicating a growing confidence among investors in FTM's future prospects. Long-Term Investment Thesis: The dwindling exchange supply of UPCOM:FTM underscores a broader trend of investors opting to store their assets in cold wallets, away from the volatility of exchange trading. This shift towards hodling signifies a fundamental belief in the intrinsic value of Fantom, beyond short-term price fluctuations. As more investors adopt a long-term perspective, the selling pressure on the market diminishes, paving the way for sustained upward movement in UPCOM:FTM 's price.
Long
by DEXWireNews
📈 Fantom (FTM):Potential Retrace, and Upside Targets! 🔄💹An analysis of Fantom (FTM) indicates a ranging phase, potential retrace, and outlines upside targets, providing insights for market participants. Key Observations: Ranging Phase: After a significant run-up, FTM is observed to be in a ranging phase between $0.37 and $0.40. Potential Retrace: The analysis suggests a potential retracement in the market over the next week, possibly bringing FTM down to test $0.32 - $0.33. Upside Targets: Following a correction, FTM could target as high as $0.45 - $0.48.
Long
by Richtv_official
1
FTM → Fantom at Risk of Falling to $0.28! Should We Short?FTM is holding steady in the bull channel going sideways at $0.38! This pattern indicates a continuation pattern to the upside for FTM, so why am I bearish? How do we trade this? 🤔 FTM has had three pushes to the upside in this bull channel $0.24, $0.38, and $0.43, which is a typical leg count in a bull run before converting to a trading range or reversal. Bitcoin and the crypto market just had a monster sell-off at a key resistance level, and FTM's RSI is below the Moving Average at 59.00 which gives plenty of room to fall. Do I think FTM is going back down to $0.20? We don't have evidence for that case yet. What we do have evidence for is a market-wide pullback from a burning hot bull run. I think it's reasonable to expect FTM to fall back to the previous support area of $0.28, an area we should look for a buy signal! Look for a strong bull signal and confirmation bar to enter the market for a 1:2 Risk/Reward Ratio. We have a ways to go before hitting this mark, we need to see the market status at the time to determine if 1:2 is a conservative ratio. You could also short scalp this analysis, but I believe it's a bit too risky at the moment given FTM's bullish sentiment. Wait for more price action to determine if a short is reasonable. Until then, I would wait on the sidelines for the next moves! 💡 Trade Idea 💡 Long Entry: 0.295 🟥 Stop Loss: $0.260 ✅ Take Profit: $0.365 ⚖️ Risk/Reward Ratio: 1:2 🔑 Key Takeaways 🔑 1. Bull Channel, Bias to Long. 2. Currently in 5-Day Trading Range. 3. Watch for a Right Shoulder Rejection to Form Head and Shoulders. 4. RSI at 58.00 and below Moving Average, Bias to Short. 5. Short Scalp Opportunity, But Would Wait to Long at Support. ⚠️ Risk Warning! ⚠️ Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk! Like 👍 and comment if you found this analysis useful!
Long
by TraderEngineering
2
Long-Term Analysis of Fantom (FTM) CoinIf FTM experiences a decline within the specified range of $0.2246 - $0.208 in the coin analysis, it may be considered for long-term investments. If it encounters strong buying reactions from the mentioned support range, the initial upward target is $0.357, with the next target being $0.414. Should FTM continue its downward movement, and if it drops to the $0.1856 level, a final addition can be made. However, if FTM closes weekly candles below the $0.17 level, it should be stopped. Not financial advice (NFA).
by wagmitraders
Fantom Gas Fees Are Surging, What’s Driving The Traffic? Key Takeaway 1. Fantom reached 2.945 million transactions, bringing gas fees to unprecedented highs.  2. Fantom recently introduced the gas-heavy FRC-20 Protocol. 3. Gwei values soar, yet actual costs remain low. Fantom’s Gas Fees Rise After FRC-20 Protocol Goes Live On Thursday, November 22, Fantom’s blockchain witnessed a record-breaking number of transactions, reaching approximately 2.945 million. As a result, gas fees on the network surged to 11,000 gwei, far above the normal amount.  This surge in activity coincides with the introduction of the Fantom Inscription FRC-20 protocol, similar to Bitcoin ordinals. The FRC-20 protocol has sparked significant interest in crypto, offering new possibilities for token inscription and NFT creation. Despite the high gwei values, the actual gas fee cost on Fantom remains relatively low. This is considering that 1 Gwei equals 0.000000001 Fantom and that the current Fantom price is around $0.30. Therefore, the current gas fees on the Fantom blockchain, ranging from 11,000 to 12,000 Gwei, translate to approximately $0.0033 to $0.0036.  Inscription Protocols Drive Gas Costs on Major Chains Similarly to Fantom, inscription protocols are driving up volumes, along with gas fees on other major chains. For instance, Avalanche C-Chain has also seen a major surge in activity. On Thursday, driven by its Inscription ASC-20 protocol, the network surpassed 6.3 million transactions.  Avalanche’s scalable architecture has so far managed to accommodate this spike without a substantial increase in gas fees. In contrast, the Bitcoin network experienced a noticeable surge in gas fees earlier in November, attributed to a spike in ordinal inscriptions.  Ordinals are a relatively new concept within cryptocurrency, primarily associated with the Bitcoin network. They represent a method of inscribing unique data, such as images or texts, directly onto individual satoshis, the smallest units of a Bitcoin.  On Brighter side 1. While Fantom maintains low gas fees despite high Gwei, such an equilibrium might be challenging to sustain as the network grows.  2. While offering potential utility, ordinals face criticism over staggering gas costs and the potential to cause network congestion.  Why This Matters The emergence of inscription protocols is shaping the future of blockchain development. As these features become more prevalent, they are likely to influence how new blockchains are designed and how existing ones evolve.
Long
by DEXWireNews
FTM to $0.40? This Trade Separates the Novice From The Pro!FTM has fallen out of the bull channel and is pushing aggressively toward the downside. One might think, "We're going back to $0.20!". Not so fast! The 200EMA acted as strong support on November 9th and it has a good possibility of repeating history. How do we trade this? We may have fallen out of the bull channel but we're still seeing higher highs and higher lows, so we should remain bullish. Before entering into long, wait for a bull signal and confirmation bar as evidence that we're still going up. A bull signal bar will have a long tail and close near its high, a confirmation bar will follow the signal bar, be of a size similar to the signal bar, and close on or near its high. The RSI is also below 30, which is a weak indicator on its own, but supports the other data points in this analysis. Bitcoin also acts as a leading indicator and as shown in my BTC 4HTR analysis, may fall to its 200EMA at $35,000 and hold FTMs price down. This is why we need to wait for confirmation before entering the long. Key Points 1. Fell out of the Bull Channel. 2. Current Price at 200EMA Support. 3. Wait for a bull signal and confirmation bar. 4. RSI Below 30. Reversal to the upside is probable. 5. Use Caution, Bitcoin could fall further. You are solely responsible for your trades, trade at your own risk! Let us know what you think in the comment section below!
Long
by TraderEngineering
FTM Time to Buy!? Or Will The Price Fall Back to $0.20?FTM is in a strong bull channel eyeing a target of $0.42 at the Weekly 200EMA! But with Bitcoin potentially pulling back, will it hinder FTM's chances of reaching the target? How do we trade this? The most important aspect of this moment is that FTM is in a bull channel, which means the probability of profit is greater when longing. There are no definitive reversal patterns yet, so we should be looking for long entries. Bitcoin may be signaling a minor pullback as shown in my recent analysis, and if that pans out, it may hinder FTM's ability to climb in price. This will likely bring FTM down to $0.325 at the bull channel support line, where we should look for either a bounce or breakout to the downside. A bounce should consist of a bull signal bar followed by confirmation, a strong bull bar closing on or near its high. If the price falls through the channel support, we should be looking for a strong bear bar closing near its low followed by a test of the channel low. At this point, we should be looking for a short entry. Key Points 1. Bull Channel, Always in Long 2. Weekly 200EMA Target 3. Gap to bottom of channel, $0.325 4. Bitcoin leading indicator, risk of pullback 5. RSI around 55.00, Wait for more Price Action. You are solely responsible for your trades, trade at your own risk! Let us know what you think in the comment section below!
Long
by TraderEngineering
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
Long
by Amir_H2O
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
Long
by TaTaTaCrypto
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 $39.2M last week. Two testnets Fantom deployed both a public and a closed testnet for Sonic. The closed testnet is intended to showcase Sonic’s maximum capabilities, while the public testnet is open for any user to explore. Fantom said it is feeding the closed testnet with more than 2,000 TPS or 175M synthetic transactions daily to simulate its peak performance. This compares to a throughput limit of 30 TPS for the existing Fantom mainnet. Fantom also estimated Sonic validators require 351 GB to store 518M pruned transactions, a 29% reduction compared to 1,194 GB on the Fantom mainnet. “The reduction in operational costs… decreases the barrier to entry to operate a cost-effective validator and makes it more accessible to participate in securing the network,” Fantom said. Roughly Two-thirds of the transactions are ERC-20 transfers or mints, a quarter are Uniswap swaps, and 10% are native token transfers. The closed testnet will reset every fortnight. The public testnet is also being fed synthetic transactions, but at a reduced rate of 130 TPS to leave room for transactions executed by public users. Fathom has undergone a consolidation move lately but on the verge of a major breakthrough.
Long
by DEXWireNews
📈Fantom weekly --> 50% price jump📉BINANCE:FTMUSDT BITFINEX:FTMUSD Hello Traders, please check out my previous ideas. If the price stabilizes above the indicated areas in daily or 4H timeframe--> 💥50% price jump💥 targets are on the chart. optimum stop-loss is below the 0.215$ level. ✌💥If you are satisfied with my analytical content, please share my ideas💥✌ ✍🐱‍👤Otherwise, make sure you leave comments and let me know what you think.🐱‍👤✍ 🤑🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾🤑 CrazyS✌
Long
by CrazyS
3