Fantom FTM will dump by 70%Merry Christmas, dear friends!
I wish you be healthy, happy and wealthy! Thanks for huge support you gave me. You are my motivation to make a quality articles.
You asked me to share my opinion about Fantom. It’s fundamentally strong asset which I am going to add to my portfolio, but not today. It will fall by 70% and I am going to explain you why.
FTMUSDT is printing the ending bearish wave 5, like the rest crypto assets. Let’s take a look in details on internal structure of this wave. I consider that wave 1 and 2 have been already finished and now asset is in wave 3. The target for the wave 3 is $0.08 , but the first stop is about to happen at $0.11 because the sub wave 3 target for FTM is located there. These targets have been defined using 1.61 Fibonacci extension levels.
The area between $0.11 and $0.08 suits for placing buy limit order using grid. It is not going to be the end of the bear market, but the potential bounce can be caught. At the same time, the global bottom I expect at $0.05 , but this target is approximate, we should see the wave 4 to define the exact target.
Best regards, Ivan
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Fantomusdt
FANTOM Cup & Handle Bullish Build UpKUCOIN:FTMUSDT
FTM is still looking strong for a Long and this is an update to previous idea.
Not broken yet but printed build up for more reliable breakout.
On breakout SL under breaking candle.
Entering the breakout before the breakout? ... stop loss under build up
Possible upside targets 0.2733, 0.2910, 0.3128.
* Learn to buy support - see the lower horizontal rays to understand how to build edge.
If you liked this idea or if you have your own opinion about it, write in the comments.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
Fantom (FTM) formed bullish Shark for upto 11% pumpHi dear friends, hope you are well and welcome to the new trade setup of the Fantom ( FTM ) coin with BTC pair.
Previously I shared a long-term trade setup of FTM , which is still in play as below:
This time on a 4-hr time frame, FTM has formed a bullish Shark pattern. At the moment, after the completion of final leg the priceline has slightly moved up, therefore, we can wait for some correction to buy it from the buying zone.
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
Fantom/usdt technical analysisAfter going below the line and starting the second phase, Phantom will go up and make a new high, then it will have a return, which according to the structure of the market at that time, it will either reach the desired place, or it will make a new high again, then it will reach the desired place.
⭕Now is the time to buy Fantom cryptocurrency🧨🚀🔰You can see the analysis of Fantom cryptocurrency in the 4-hour time frame (FTMUSDT_ 4H)💣🔍
💥The price behavior is clear in the picture🧐👌 Due to the presence of the price near the DEMAND zone❗, there is a possibility that the price will rise to the Resistance🧡 area🔺🚀
Do you think this analysis can be profitable❓
I hope the analysis was useful for you🤍🌹
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FTMUSDT 3D FTM price "make it or break it"Today we will consider the global chart of FTMUSDT on a 3-day timeframe
From 2020 to 2022, a growth trend continued with sky-high %% growth.
In May 2022, the growth trend finally broke down in the liquidity zone of $0.67-0.80
In June - July 2022, sellers and buyers reached a compromise zone - a conditional bottom near $0.20
A retest of the +/- $0.20 liquidity zone is now taking place, and a Double Bottom reversal figure is likely to form
I would like to believe this, because as you can see on the graph, below $0.20 there is a total void of liquidity and the probability of devaluing FTM by 10 times.
Only the fact that:
- May-July 2021 - BTCUSDT price on the bottom +/- $30,000, FTMUSD price +/- $0.20
- May-July 2022 price of BTCUSDT on the bottom +/- $18000 (-40%), FTM price unchanged on the bottom +/- $0.20
That is, it can be assumed that FTM is purchased in a pair of FTMBTC, which gives hope that the Fantom is still interesting to large investors.
And therefore, the growth of the FTMUSD price, at least to the above-mentioned liquidity zone of $0.67-0.80, is completely real, and this is x3 from the current price.
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Since 2016 , we have been analyzing and trading the cryptocurrency market.
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FTM - Fantom - ghosts of Andre / pick your poison degensFTM - Fantom - ghosts of Andre / pick your poison degens
Last idea attached was range prediction which worked out well, just needed to be stretched out a bit but hey same shit.
THIS IDEA:
option 1 ; yay
option 2 ; poo + extra poo maybe
option 3 ; poo + extra mega poo (not on chart but its like -8373738%
i even put the fractals on for your viewing pleasure.
I have no idea which fractal plays but i feel like one of them will. note the option 1 CMF looks very similar, where as option 2 not so much. RSI could play both ways but option 1 looks a bit better.
Invalidation levels are quite clear ; id play it on a macro scale to those.
note; if option 1 is a go then interestingly avax ran a few days earlier for its first pump. so maybe the nifty move is to all in avax, get that pump to last high, then go all in ftm. ill be trying that anyway if option 1 seems likely.
then again maybe we are in completely uncharted waters and this thing does something novel. theres a good chance of that too. i just use fractals to try and give me some bearing not read the future. that said they often play out very well (until they suddenly don't).
my theory on that is the market makers algos basically run the same programs to fleece the noob leveraged degens
might do a avax chart but this is prob my last until we see where this ship is headed. should find out very soon.
gl
hello guys today must buy ftm. <33$ftm - Fantom - things are about to get silly in the market - expect $ftm to pop quickly - be smart - do not blame the chain - this is manipulation. Anything above .90 in this market condition is a sell - take profits where possible. dont forgt stop loss and dont gt rekt
Fantom (FTM) formed bullish Gartley for upto 1808% big moveHi dear patrons, hope you are well and welcome to the new trade setup of the Fantom ( FTM ) coin.
Previously we had a nice trade of FTM:
Now on a monthly time frame, FTM has formed a big bullish Gartley pattern.
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 the trade
Fantom back to ATH's but at least to $1 - FTM I like the fundamentals of Fantom and out of all the major coins on major exchanges Fantom is one of the highest returns back to ATH's, 14X's currently. I think alts will see ATH's. If this doesn't workout I think it at least has a return to $1 to re-test the breakdown which would be a 4x from here. I like the look when coins hit major Demand areas.
fantom short ideaThe price will most likely return to the starting point after being squeezed and reaching the target. We are only looking for a sell position at the top if the price reaches the set level. And in the middle of the move we will not look for buying opportunities. Please enter with the specified loss limit