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Fantomcoin

FTM/USDT: BREAKING OUT OF THE FALLING WEDGE PATTERN.Welcome members, to this UPDATE ON FTM. If you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on it or use it to understand the market. Let's get back to the chart. FTM/USDT is breaking above the falling wedge pattern. Ever since FTM got rejected at $2.07, it has been dipping down badly. For almost 7 days FTM is under the falling wedge pattern and currently, FTM is breaking out of this falling wedge pattern. Technically, this looks good but let's not FOMO on this one and wait for the confirmation. I am expecting a retest and then a rally. We can enter this trade once we get a confirmation between $1.08 to $1.109. The SL will be below $1.02 and the target will be between 10% to 15%. This chart will get invalidated if FTM gets rejected from the upper trendline and enters back into the FW pattern. Note: This is not financial advice. This trade setup is based on my T.A and I am risking my own money on this trade. I am reliable for my own losses and profits. So, trade as per your preference. I will cover more on this in the coming days until then stay safe and trade well. Thank you.
Long
by Dexter_The_Trader
FANTOM- Stable but we want more💎👻 FANTOM has been rising again nicely, despite the turbulence in the markets. In our last post a good entry was given and support worked nicely: A nice article to read: This cryptocurrency is worth $5.1 billion and surpassed Ethereum in transactions — here's why analysts think it's the latest competitor to the blockchain giants The Fantom Innovation The second age of digital currency has arrived, with new money and new networks, including Ethereum, Cardano and Fantom. These and other new systems lend digital currency essential advantages it didn’t have with Bitcoin: speed and scalability. Established in 2018 by Dr. Ahn Byung Ik and colleagues working together in Australia, the Fantom organization has since moved its headquarters to South Korea. The system runs on an extensive matrix of blockchain-powered networks. Each network operates independently, allowing the entire system greater speed and scalability as new users join. One Love, the FXPROFESSOR
Long
by FX_Professor
3
FANTOM- Finally Moving / Will accelerate over 2,13$ Patience pays off, despite some of your comments the price managed to rise a good 7% today despite going sideways for a week. Some of you have no patience, or faith. 2,13$ will be a breached resistance and the price will possibly accelerate from there. Our target for this Quarter (1st Q 2022) remains the 4$ mark. NEWS: Fantom Collaborates With Blocknative to Provide Developers and Users with Real-time Tooling : Blocknative, the real-time Web3 infrastructure company, launches beta support for the Fantom Network across its core mempool data platform, empowering Web3 developers, dApps, and traders within the Fantom ecosystem to leverage critical, pre-chain infrastructure to improve user visibility and experience. For Fantom developers and dApps, the partnership unlocks new capabilities that enable them to build more reliable, user-friendly projects. For Fantom traders, real-time visibility into the status of every in-flight transaction provides the opportunity to overlay their existing trading strategies for better-informed trades. One Love, the FXPROFESSOR
Long
by FX_Professor
FANTOM - New Flight Inbound?FANTOM has been quiet for the last few days and this could be about to change. Fantom is a network of blockchains where transactions are finalized in a second and cost a fraction of a cent. Its main use cases include payments, digital identity, and medical records. Fantom uses a leaderless Proof-of-Stake consensus mechanism called Lachesis. The Lachesis consensus can be plugged into any blockchain and also powers Fantom’s Opera mainnet which is compatible with Ethereum. Here are some of the things I love about Fantom: 1. It conquers the blockchain trilemma. According to the trilemma, a blockchain can have only 2 of these 3 features - scalability, security, and decentralization. Fantom achieves all 3 - scalability, security, and decentralization. 2. Fantom has a modular architecture that makes it highly customizable. Ethereum-based dApps can be ported easily to Fantom Opera mainnet. 3. In Fantom, each application has its own blockchain and its performance and stability are not affected by traffic or congestion. In many blockchains including Ethereum, all dApps use the same infrastructure. This reduces scalability. 4. Each blockchain on Fantom can have its own custom tokens, tokenomics, and governance rules. Since all these blockchains use Lachesis, they can interact with each other. Fantom's native token is FTM, which can be staked. Delegated FTM gives investors sFTM, a synthetic asset that can be used in the Fantom ecosystem. While anyone can run validator nodes on Fantom, there is a huge cost to this - you need to stake a minimum of 1 million FTM. This is a minus. One Love, the FXPROFESSOR
Long
by FX_Professor
6
FANTOM- Thank you for keeping me Alive during the CrashFANTOM, I love you. Casper the friendly Ghost and Fantom the savior crypto during this crash. Di I need to say more? I love Fantom. Here is our updated chart with key levels. News: Fantom Transactions Surpass Ethereum as Users Look to Farm Yields Over 1.2 million transactions were recorded on the emerging layer 1 blockchain on Monday, data showed. One Love, the FXPROFESSOR (REMEMBER TO TAKE PROFITS OR YOUR SUFFERING WILL NEVER END!!!!!!)
Long
by FX_Professor
3
FANTOM ECOSYSTEM (Request)- FTM is one one of the big winner in this bullrun, the price seems low in price, but i checked many indicators and noticed that FANTOM was bullish 80% of the time. What is the Fantom ecosystem? The Fantom Foundation is building a highly scalable blockchain ecosystem that facilitates decentralized, scalable, and secure technologies. Fantom is a fast, scalable, and secure layer-1 platform built on an aBFT consensus protocol. Dyor it if you want to know more about FTM. - Basically, i don't see this coin retracing for now, but like always, all depends on TheKing. So manage your % investment. ---------------------------------- Trading Plan ---------------------------------- - Buy : Now - Rebuy : 2.5$ - Rebuy : 2$ TP : 4.95$ ---------------------------------- - Check in comments for Older Analysis. Happy Tr4Ding!
BINANCE:FTMUSDLong
by thecryer
7
Fantom is on the way for a second Elliot Impulse Wave!! Not a Financial Advice !! FTMUSDT The last published idea is still in play. Although we overshoot over the first leg of Elliott Wave, we are coming down and preparing for the third leg. I can imagine the CPI report by fed on 12 Jan will bring us down to the buy zone. There I will add more fuel to my rocket :) I think the CPI report will be nothing burger but I expect SHF to dump the market to ride the wave of retail's uncertainty for at least half a day to a couple of days then we turn back to the upside again. I do not think we go lower than %1.5 Be careful and never invest more than you are willing to lose! That is the most important rule in investing.
Long
by GoatOfWallStreet
10
FANTOM - Our Favorite TodayFantom remains our favorite these days. News, shared by our friend Dr Andreas: ''veDAO. I don't know if you guys have been following the ve(3, 3) NFTs (Do look into it when you have time - curvonomics is next level), but recently veDAO popped up to try to win one of the NFTs. Background: Only 20 ve(3, 3) NFTs are going to be launched. The project aims to include emission-based incentives and an AMM. Learn more about it here: twitter.com But basically to win these NFTs, you need to be in the top 20 Fantom protocols. "This creates a flywheel effect, bringing new users and capital to Fantom". Less than 48 hours back, veDAO popped up to become one of the top 20 and win the NFT. They have a TVL of 2B in 2 days!!! It's growing at an exponential rate (defillama.com). If they win, then they become the Convex of Curve. If they lose then staked assets are returned to the stakers! Link to veDAO's first 24 hours journey: medium.com What they are doing is INSANE! The capital flowing into Fantom right now 😱 FANTOM RULES! The FXPROFESSOR
Long
by FX_Professor
11