Fantomusdt
Fantom Wedge BreakoutFantom recently released new partnerships with Middle Eastern governments, hence, the price did not reverse after reaching the ATH.
As Fantom recently broke the Wedge structure, it is highly possible and healthier that it retest what is now a support level to eventually discover new price ranges. I suggest buying once the retest is clear as afterwards there is no limit on how high it can go, except fib levels and psychological levels ($1, $1.1, $1.5...)
Buy level if retest: 0.84 - 0.86
TOP 10s INCOMING? Greetings trader's, and investor's. While whales continue to keep scooping up as much of Fantom as they can during the last bit of this accumulation phase, we start approach the beginning of another parabolic move up. The last major move took us from the second page on CMC to the top 40s before the distribution pull back taking placing us where we are now in the 60s.. But where will this next major move take us? Top 40s,30s,20s,10s???
Here are 5 reason's that show Fantom has what it takes to become a top 10 Crypto project.
Ps. There are more than just 5 ;) Check it.
1. Fantom becomes the world's fastest Block Chain platform.
2. Fantom to track 200 million pharmaceutical product's.
3. More, and more developers are building on Fantom causing a surge in new users and network transactions.Recent network upgrades boost Fantom performance even more. With the launch of the Go-Opera upgrade in April, Fantom’s performance and reliability were dramatically improved, with the average transaction time to finality as fast as 1 second. Now that the Go-Opera upgrade and migration are complete, Fantom offers users sub-second transaction confirmation times with one click. Fantom is a fast, scalable, and secure smart contract platform.
The speed and low transaction costs make Fantom ideal for real world uses, such as payments, supply chain, and DeFi applications among the others.
4. Massive growth in Asia, and the middle east. In recent weeks, Fantom has seen a huge uptick in growth across Asia and the Middle East. For example, the group recently signed a Memorandum of Understanding with the Pakistan Punjab Prisons Department to implement custom blockchain Enterprise Resource Planning (ERP) software. The department's use of the Fantom platform will provide the group with efficient company data flow tools, immutable databases, and transparent operational commands for effective data-driven decisions, all within a secure environment. Fantom's platform is also being seen at the heart of government, with the group recently signing a deal with Pakistani province Khyber Pakhtunkhwa, or KPK, to digitize KPK's Provincial Assembly and related government departments.
anistan Railway Authority - the leading government department in the country, generating the most revenue.
5 Huge Scalability
Fantom is dedicated to growing along the rapid expansion of the crypto world so that user experience never stops progressing. Unlike other blockchain platforms that never bother to innovate on their old technology, Fantom makes it a priority to scale like no other. By constantly attracting big investors such as HyperChain Capital, BlockTower Capital, Alameda Research, Quantum (NASDAQ:QMCO) Fintech, and more, Fantom pushes the boundaries of what blockchain technology is capable of.
FANTOM is the champion of crypto !! (500 x +)Since its low on 17 February 2020 Fantom crypto currency has made over a 500 x return !!
From 0.00169 $ (less than 2 tenth of a penny) to 81 cents today.
I was fortunate enough to capture a 130 x move from June until today !!
(sold almost all my position - keeping 15% for the long term and in staking).
Thank you Fantom for this phantastic ride !! You are the champion of the Crypto Space !!
Fantom broke out again and is rising to new ATH ! It got some attention recently when Hyperchain invested 15 million dollars into the project !!
It is now a 2 Billion Project ! How high can this go ? Can it reach 10 Billion ? I think so (otherwise I would have sold 100%).
Fantom could become a Top20 coin !! (it is now 64).
Note: as a new investor I would not invest in Fantom at todays prices ! Please take note that there are better opportunities elsewhere).
FTM USDT - Similar patternsAfter deeply analyzing FTM's market behavior I came across a notable similarity from its previous consolidation.
Fib. levels from the current consolidation are almost identically crossed, resisted, and supported by the previous consolidation's fib levels. Hence, I decided to retrace the market movements from both consolidations which both represent their actual size in that specific graph. It showed that they are very similar to one another, almost identical if stretched.
It does not conclude anything but I thought it could be yet another aspect to take into consideration because market consolidations tend to behave similarly.
FTMUSDT formed bullish Shark | Upto 11.5% move expectedPriceline of Fantom / US Dollar cryptocurrency has formed a bullish Shark pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.01291 to 0.01256
Sell between: 0.01326 to 0.01401
Regards,
Atif Akbar (moon333)
FTMUSDT forming bullish Shark | Upto 44% expectedPriceline of Fantom / Tether US is forming a bullish Shark and completing the last leg.
MACD is strong bearish.
Soon it will be entered in potential reversal zone.
I have usded Fibonacci sequence to set the targets.
Buy between: 0.01545 to 0.01399
Sell between: 0.01704 to 0.02027
Regards,
Atif Akbar (moon333)
$FTM AWAKINGBeautiful $FTM breakout triangle !
Still, to reach new prices like the 200 sat supp , 220 and 250 sats, we need :
- announcement;
-strong volume to get us out of this accumulation triangle with medium buys;
I see big price movement in $FTM mid September with a few days before mainet releases.
Happy trade everyone !