Fantom is on the way for a second Elliott Impulse Wave $FTM$FTM * Not a Financial Advice *
Fantom looks quite bullish despite the recent decline in the overall crypto market. From the looks of it, FTM is going to have another run to the high side, possibly a second Elliott Wave to the high side.
I have some open positions that I have kept for the long run...but if ever we get to the designated BUY ZONE I will definitely add more FTM to my portfolio.
Remember that the risk of going to the DownSide is always there, so please be careful out there! Whales are in control of the whole market and we as shrimps can only eat what comes to the deep floor of the freakin crypto ocean.
Fantomcoin
FANTOM PROTOCOLGood Project = Future Good Gains. Looks very strong right now.
DYOR it.
What Is Fantom (FTM)?
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.
Who Are the Founders of Fantom?
The Fantom Foundation was founded by South Korean computer scientist Dr. Ahn Byung Ik. Currently, the platform’s CEO is Michael Kong.
The team behind Fantom has extensive experience primarily in the field of full-stack blockchain development, and aimed to create a smart contract platform which privileges scalability, decentralization and security.
According to its official website, Fantom’s team also consists of specialist engineers, scientists, researchers, designers and entrepreneurs. Employees are located throughout the world, matching the ethos of a distributed platform.
Trading Parts :
- Buy Zones ( with conditions ) :
- Buy Zone 1 : 0.85+$ ( After it breaks ATH, not before !)
- Buy Zone 2 or Rebuy : 0.5$ (if u don't want go in while rising, you can wait this retracement Zone )
Take Profits :
TP1 : 1.49$
TP2 : 1.95$
Stay safe and follow BTC king !
Happy Tr4Ding !
FTM / USDT - On track to ATHHello!
FTM seems unstoppable, im trading at the 4 hours chart at the moment.
The bull flag has broken out, so we set our target.
On the long term the technical perspective looks good as well.
We'll see! first things first lets reach our ath target earn some profit and look further.
FANTOM- Bullish No matter What!FANTOM is our favorite these days.
Same way that Cardano was our favorite from 20 cents to 3 dollars, Avax from 15% to 117$ and so many more.
No matter what Bitcoin and Ethereum will do most alts will follow. Some will correct less and others more and just a few will be able to rise.
Fantom is our best hope for a nice January. This is our personal opinion here and our main trade at this very moment.
Hope you like the updated chart.
One Love,
the FXPROFESSOR
FTMUSDT - Flag PatternFTMUSDT (4h Chart) Technical analysis
FTMUSDT (4h Chart) Currently trading at $2.246
Buy level :Above $2.25
Stop loss: Below $2.05
TP1: $2.44
TP2: $2.66
TP3: $2.91
TP4: $3.17
Max Leverage 3x
Always keep Stop loss
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
FANTOM- The Flight to 4$ Continues 💎👻FANTOM has been one of our favorites lately and for very good reasons.
Price has almost doubled since our post on Dec 10th and the Expectations remain High:
Nothing but GREAT news here:
Innovative Fantom-Based DEX DefySwap Is Now Coming Up With NFT Staking
Fantom Adds DIA’s Open-Source Oracles to Propel dApps with Customisable Data Feeds
Integration Delivers DeFi Developers Access to Data Feeds on Fantom’s Layer-1 Blockchain
Gotta Love Fantom boys and girls!
the FXPROFESSOR 💎👻
Fantom Daily AnalysisFTM is at the resistance of a triangle and the most important level to determine if it's going to be bullish or bearish. If a daily candle closes above 2.4488 the higher target at $12 is reachable. In another scenario if this level gets rejected the right shoulder of a head and shoulders pattern will be formed and in case of losing the support at $1.4 next supports to hold the price are 0.94, 0.69 and 0.32.
FANTOM- 1,98$ and HigherFantom is one of the few DeFi chains that has managed to amass a variety of protocols on its network . Presently Fantom has more protocols running on it than Solana, Terra and Tron combined. However, the issue is deeper than the number of protocols.
Fantom on Binance
Fantom’s listing on Binance U.S. on 17 December was a huge advancement for the network, which hasn’t been in the best place recently. Deposits on the exchange are now open and this is another addition to the ever-expanding adoption of Fantom.
In fact, just recently OKEx had added Fantom to its staking service. But even then the lack of participation continues to be a problem for the DeFi chain.
As it is, in less than two weeks the network has lost over 60% of all its active addresses. Consequently, the number of transactions on the chain dropped by 57% to 1.9k. The same at one point used to be at 4.5k.
The daily chart shows the Fantom price is consolidating above the 200-Day Moving Average (DMA) at $1.207. Notably, the Moving Average Convergence Divergence (MACD) indicator signals growing bullish momentum. Furthermore, FTM has crossed the mid-point of the Bollinger Bands at $1.500 (20-Day Moving Average) and should therefore extend towards the top of the BB channel at $1.800.
However, the 100-DMA at $1.985 and the 50-Day at $2.043 provide robust confluent resistance above the market. For that reason, FTM’s gains may be limited unless the broader market embarks on a sustained bull run into year-end. On the other hand, if BTC fails to hurdle $50k convincingly, altcoin gains may be fleeting. In that event, the 200-DMA comes back into focus.
Our chart says 1,98 and if breached then much higher.
One Love,
the FXPROFESSOR
FTM Fantom: Channel Inside A WedgeHello friends, today you can review the technical analysis idea on a 4H linear scale chart for Fantom (FTMUSD), a cryptocurrency.
The chart is self-explanatory. The Fantom price is inside a small Channel Pattern which is inside a Descending Broadening Wedge Pattern. Based on the indicators, price has the potential for upside, however the Ichimoku Cloud shows heavy resistance ahead. If Volume comes in and price breaks outside of the Cloud, it may be possible to see a nice move upside. Otherwise, price has potential to break below the local S/R line and fall much lower.
Additionally Shown: Ichimoku Clouds, RSI (Relative Strength Index), Stochastic RSI (Stoch RSI), MACD, MFI (Money Flow Index), Fear and Greed Indicator, Support and Resistance Trendline, and Volume.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
As the year is coming to an end and holidays are almost here. I want to wish my friends Happy Holidays and ready for an exciting 2022! What are your thoughts for the coming year?
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. Do your own research! #cryptopickk
FTM IF WE GET A BEAR MARKET. ⚠CAUTION⚠In my last FTM analysis i showed how ftm could have seen it's top and was due for a correction and it played out (even tho i wish it didn't) as a ABC correction wave.
In todays analysis I will be showing possible future moves for FTM.
While The ABC correction in the last analysis we did (linked below/Chart beneath this statement) was correct, it seems that was only a smaller degree wave of a potential larger ABC correction to come.
Should Bitcoin lose its bullish structure, FTM could very well spiral into a 5-3-5 correction to complete a larger degree ABC correction as shown in the chart above. While I don't really see this happening and do think bitcoin will keep it's bullish structure, I can't overlook the possibility of this potential outcome.
Hope this helps with perspective and honestly hope the ABC was the correction and that we're done with it.
FANTOM - Still Have HIGH Expectations HereFANTOM has been struggling (like most cryptos) and still beloww the 1,98 resistance.
We still have high expectations from FANTOM and a breakout is most likely going to happen when Bitcoin manages to rise.
The past few weeks have been nothing less than a roller coaster ride for Fantom . Since October, every uptrend has more or less been followed by a downtrend and vice versa.
However, this time around, things have been a little different. December has been quite merciless to most of the coins. FTM, in effect, wasn’t spared either. In fact, at press time, this alt was seen trading at a value that was half of its $3.41 high.
London Bridge is falling down?
With respect to fundamentals, things seemed to be quite disappointing for Fantom. Consider this – the aggregate value of assets locked up on Fantom’s protocol witnessed a steep 4-fold incline in October. Post that, in November, the value managed to create a new high, slightly above the previously pre-set level only to dunk in December.
The protocol witnessed over $800 million erode away from its ecosystem since the beginning of this month. Well, loss of liquidity isn’t really a healthy sign on any given day.
One Love,
the FXPROFESSOR
FTM Fantom: Is A Major Correction Coming?Hello friends, today I am completing a technical analysis on the 4H linear scale chart for Fantom ( FTMUSD ), an altcoin cryptocurrency. Please review the chart and analysis below carefully as there are many trendlines and indicators noted.
#CryptoPickk notes the following:
1) Fantom price has had a major run in 2021 with the price reaching an all time high in October 2021. The price has corrected since that point.
2) The price recently completed a Head and Shoulders Pattern with a potential break down possible from this point.
3) The measured move of the Head and Shoulders Pattern brings the price down to $1.25-$1.30 which is a 37%-38% correction from current price levels.
4) If the price makes it down to the $1.25-$1.30 level, it would re-test a multi-month trendline (in yellow color).
5) That price target around $1.25-$1.30 has had multiple months of support as shown in the purple color rectangle box.
6) The Volume has been weakening month over month.
7) The RSI (relative strength index) has the ability to drop further as shown on the chart.
8) If the price rebounds up from the Head and Shoulders Pattern, the idea would be invalidated.
What are your opinions on this?
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
FANTOM- On The RiseWeek has started so nicely. Indices seem to be recovering early this morning (Asian morning. Markets is open in Sydney now).
Fantom offers us high expectations for a rise to 4$ and higher.
Lets go FANTOM!
(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
FTM long! The profit-to-loss ratio of the Fantom is excellent!
It is also excellent in terms of fundamentals and experts of blockchain have praised it a lot.
But before buying please read this.
We might be just before the last upward wave of Cryptos till to the next BTC halving, equally, we might be just at the end of the upward wave!
*************************** ATTENTION *********************************
In my view, the price of bitcoin is in an unclear position!
It may go up, it may go down, the probability of both is almost equal.
Enter the market with very small volumes.
Do not forget that we have received our profits from the crypto market before!
Do not lose all those profits!
please read my latest view to BTC
ATTENTION again!
Follow the principles of capital management.
Pay attention to your strategy.
No analysis is 100% accurate, even if it sounds perfectly good.
You are responsible for your own trades, so do it carefully.
Cryptocurrencies are volatile and have been highly correlated with bitcoin in the past
😻FANTOM + 123SWAP = Polkadot Level or Higher 🧙👻Forgive my Big mouth but this is just my humble opinion:
Fantom will rise simply because it does much better things in a better way than other cryptos... for example Polkadot (I got tired of using XRP for this kind of comparisons).
Lately I have been using such comparisons frequently, I think it is something you should do too.
News: finance.yahoo.com
Fantom and 123swap make a huge announcement that 123swap's uniquely designed framework, which is non-custodial, cross-chain, and decentralized, is now integrating with Fantom blockchain.
123swap platform is growing with tremendous speed as it adds 1-2 blockchains every week; there is a considerable addition. We are the rapidly increasing multi-chain DeFi which is still in its initial stages. We recently completed our seed round, and now we are in our private sale, which is going very well, and we have a few seats left!
123swap platform has a distinctively decentralized, non-custodial, highly innovative cross-chain framework, and now this platform has made a colossal collaboration with the Fantom blockchain, which provides a beyond comparison ecosystem of essential projects essential applications. The cooperation of these two industries will power up the future of DeFi with the development of a uniquely decentralized cross-chain app.
You may also look at our ideas below for more info on the Fundamentals of FANTOM..
Or just give it a go and try the Fantom Opera network..you might be impressed.
the FXPROFESSOR 🧙
😻 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
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