ftm fantom"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"
FTM
Trade BoxI have decided to start providing my signals in the futures market, so this will be the last trading box model I draw. Starting tomorrow, I’ll share futures signals that I believe can yield good profits with reasonable leverage on gold and crypto markets. If you need, let me know the name of the cryptocurrency so we can focus on it for a week. From tomorrow, we’ll begin trading on gold.
TradeCityPro | FTM : Evaluating Parabolic Trends👋 Welcome to TradeCityPro!
In this analysis, I’ll review another coin from our weekly watchlist, FTM (Fantom). Previously, I analyzed this coin, highlighting the breakout trigger at 0.8401. If you entered a position or bought in the spot market, you likely secured solid profits. Let’s re-evaluate this coin with fresh insights, analyzing it on the daily and 4-hour timeframes.
📅 Daily Timeframe: Weekly Resistance Break with Trend Weakness
On the daily timeframe, FTM is exhibiting a parabolic trend accompanied by a curved ascending trendline. So far, the price has reacted to this trendline three times, each time resuming its upward movement and ending corrections.
📈 In the last leg of the uptrend, after breaking the 0.7707 resistance, the price surged to the weekly resistance zone at 1.1116. The price even stabilized above this level; however, the trend is not in an ideal state.
🔍 Following the breakout of 1.1116, candle sizes have gradually shrunk, corrections have deepened, and volume has been declining. Additionally, the RSI is showing signs of a divergence that hasn’t yet materialized but could influence the chart upon a breakdown below 55.74 on the RSI.
🔑 A notable aspect of sharp trends and pre-pump movements is their inherent trend weakness and potential for reversals. Interestingly, when trend weakness peaks, the trend often resumes sharply with large candles, nullifying all indicators of weakness and aligning them to support the trend.
🔼 If the trend continues, the first resistance level, a minor resistance, is at 1.6218. If the price stabilizes above this zone, the next resistance lies at 3.2506, the strongest resistance for FTM. This zone is near the ATH and represents a major supply area.
📉 In case of a correction, the first immediate support is the curved trendline, which the price may react to. If this trendline breaks, the next levels are 1.1116 and 0.7707. A stabilization below 0.7707 would invalidate the bullish scenario, and the price could target supports at 0.5349 and possibly 0.2928.
⏳ 4-Hour Timeframe: Moving Within an Ascending Channel
On the 4-hour timeframe, the price is moving within an ascending channel and is currently interacting with the channel's midline. So far, the channel's bottom has provided strong support. As long as the price remains within this channel, no sharp movements are expected.
🚀 If the channel breaks upward, two scenarios may occur:
Trend Exhaustion: The price could re-enter the channel, leading to a loss of bullish momentum and increasing the likelihood of breaking the channel downward.
Parabolic Continuation: The price could break the channel with high momentum and large candles, initiating a new parabolic uptrend.
The next static resistance is at 1.636, a suitable futures trigger level. However, the price has not reacted to this zone yet, so it’s safer to seek long positions based on Dow Theory and channel breakouts.
🔽 For short positions, I would personally wait for a channel breakdown and possibly a break below 1.0957, although this would be a high-risk setup. Instead, I prefer to wait for a clear trend reversal on the High Wave Cycle or Medium Wave Cycle before entering.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️ above.
FTMUSDT (Fantom) Updated till 16-12-24FTMUSDT (Fantom) Daily timeframe range. its moving steadily for a while now. very close to 1.5512 resistance if it can stay above 0.9803 that resistance can be taken out. and that can open up ways to 2.0512 and above.
FTMUSDT: %80 VOLUME SPIKE | BIG OPPORTUNITYFTMUSDT has experienced an 80% daily increase in volume, highlighting growing interest.
🔵 Key Zones: The blue box and green line on the chart mark potential demand areas, ideal for setting orders in preparation for possible bearish year-end market trends.
📈 Entry Strategy: Evaluate these levels only after confirming upward breakouts on the hourly time frame to ensure stronger signals.
⚠️ Risk Management: Always manage your risk effectively, as market conditions remain uncertain.
This is not investment advice stay cautious and trade wisely!
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
My Previous Analysis
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT.P: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
FTM Update - 11.12.2024 On the weekly tf we form Long Off!
I plan to work from 4h breaker block!
Observe the risks and think with your head!
Fantom looking for backtest pullbackFTM is dipping alongside the rest of the market. As a momentum trader, I focus on momentum shifts in the market. The 4h is almost oversold however much more needs to convince me that this dip is over. Bitcoin is not giving me a signal of support yet either. Be patient and accumulate slowly and get more aggressive as the confirmations of support come.
Which path does the FTM choose?Three lines are seen for the continuation of the trend and which one will it follow?
Comment and will it see $70 in this bullish cycle?
I am sure that $14 will be the first and most likely point to reach
$14
$30
$70
$FTM on WeeklyFTM looking good in weekly time frame , breakout the zone and looking nice close weekly candell
Target base on Fibo
But it's better to buy at correction ( maybe in daily timeframe )
FTM 2H. Market Signals Growth. 11/29/24The asset has demonstrated strong resilience and growth despite the overall market decline, suggesting potential for further price increases.
Investors and traders are gradually accumulating this asset, which could signal the market’s readiness for continued upward movement.
I’m considering opening a long position if the price drops again to the $0.9729 - $0.9407 range. The target in this case is $1.1022 - $1.2270.
For spot trading, confidently buy in the $1 - $0.9 range. Targets are 2x from current levels!
DYOR.
Alikze »» APT | Forming a head and shoulders pattern - 2D🔍 Technical analysis: Forming a head and shoulders pattern
- It is moving in an ascending channel in the daily time frame.
- After the touch neck line and also the failure of swing and poleback to it, it has continued its growth up to the ceiling of the channel.
- Currently, an AB=CD pattern is formed.
- In addition, a head and shoulder pattern is also observed in the daily and weekly time frames.
- Therefore, it can have another growth in the middle of the channel after a temporary correction, up to the area of the width and roof of the channel.
💎In addition, it can continue its growth until the next supply zone after the failure of the supply zone and pullback to it.
🚨 Note: The support area of 6.25 is the validity area of the analysis, if the candlestick stabilizes below the area, the bullish pattern will be invalidated. 🚨
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
BINANCE:APTUSDT
FTMUSDT - Buy high sell higher!Weekly chart displays breakout a multi years symmetrical triangle + the neckline of inverse H&S pattern confluence with the upper side of the symmetrical triangle.
price is based at strong support (0.618)
u are wrong if u think FTM is too high to buy!
this chart clearly shows that a massive potential targets ahead
it will be the december coin!
Best regards Ceciliones🎯
Alikze »» FTM | Suspicious of the reverse head and shoulders🔍 Technical analysis: Suspicious of the reverse head and shoulders pattern
- In the analysis presented in the previous post, the target exactly touched the bottom of the channel, which then met demand and caused a 110% growth.
- Considering that the recent corrective wave had a correction of 0.23 fibo of the previous wave, so we should expect an upward trend.
- In addition to the fact that the recent corrective wave was a three-wave and its corrective momentum was in the form of three waves, if its correction is not complex in combination, we can expect the continuation of the upward trend after a short-term correction.
- Therefore, the first target of the neck line can be considered the first supply area. After defeating the supply area, the next targets will become available.
💎 In addition, you should pay attention to this point, in order to verify the upward trend, the previous floor should not be touched (Invalidation LVL range), in which case the analysis will be invalid.
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
BINANCE:FTMUSDT
FTM LongFantom Confirmation Low at support with bullish divergence, backtest of the 200 ma and in a longer term uptrend. Good RR for the first target and following ones. SL can be placed below support if you wanted it looser
FTM | Andre Cronje & SONIC UPGRADEThe Future of DeFi: Insights from Andre Cronje & the Sonic Network
Andre Cronje, a pioneer in decentralized finance DeFi, has long been a critical voice in the evolution of blockchain technologies. His journey, which spans revolutionary projects like Yearn Finance to his current work with the Sonic Network, provides valuable insight into the challenges and opportunities shaping the DeFi landscape
Evolving Challenges in DeFi and Regulation
Cronje’s recent discussions frequently highlight the shift in DeFi from its nascent, experimental stages to a more mature, regulated industry. As governments and regulatory bodies increase scrutiny, developers are forced to navigate a complex maze of compliance. Cronje emphasizes the importance of engaging traditional finance professionals to bridge the gap between on-chain technology and regulatory frameworks, a step he acknowledges was challenging but necessary. This convergence, though fraught with hurdles, marks a vital evolution as the DeFi space seeks broader legitimacy.
Sonic Network: A Vision for NextGen Blockchain Performance
At the forefront of Cronje’s work is the Sonic Network, a high-performance blockchain designed to tackle critical bottlenecks in DeFi. Built on innovations like the Carmen database and customized for Ethereum Virtual Machine (EVM) compatibility, Sonic addresses issues of scalability, speed, and usability. With features like over 10,000 transactions per second TPS and sub-second finality, Sonic is poised to redefine the user experience in DeFi applications. Its fee-sharing model also redistributes 90% of transaction fees back to decentralized applications (dApps), incentivizing innovation and reducing reliance on validators.
Technological Plateaus and the Need for New Leaps
Cronje frequently underscores that DeFi’s progress is not linear but iterative. The field has often reached technological plateaus, awaiting breakthroughs like the advent of zero-knowledge proofs or significant enhancements in execution environments. These advances, Cronje believes, will enable the next wave of DeFi applications, allowing for trustless exchanges, oracles, and execution layers to replace current, trust-dependent systems.
The Shifting Demographics and Culture of DeFi
One of Cronje’s more provocative insights pertains to the cultural shift within DeFi. The early days were dominated by technologists and developers motivated by pure innovation. Today, the space is increasingly influenced by meme coins and speculative trading, drawing in a demographic less interested in foundational technology. While this shift has broadened crypto's appeal, it raises concerns about the dilution of DeFi’s original ethos of decentralization and technological advancement.
App Chains vs Layer1 Models
Cronje also critiques the growing trend of app-specific chains (app chains), which allow projects to customize their execution environments. While he acknowledges their appeal, particularly for gaming and niche use cases, Cronje believes their economic and operational overheads make them impractical for many teams. Instead, he champions models like Sonic’s, where developers can deploy on a scalable Layer 1 network and retain a significant share of value without the burden of maintaining a standalone blockchain.
The Path Forward: Balancing Regulation, Innovation, and Adoption
Looking ahead, Cronje envisions a DeFi ecosystem that balances regulatory compliance with technological innovation. Projects like Sonic embody this vision by reducing barriers for developers and fostering sustainable ecosystems. However, he warns that achieving this balance requires addressing cultural shifts, incentivizing genuine innovation, and maintaining a focus on decentralization
Andre Cronje’s work and insights serve as a guide for navigating DeFi’s complex future. From overcoming regulatory challenges to pioneering the Sonic Network, he highlights the necessity of technological evolution and the importance of maintaining DeFi’s foundational principles. As the space continues to mature, Cronje’s vision underscores the need for resilience, adaptability, and a commitment to innovation.
let’s talk about the price
Right now, BTC is slowing down, and whales are swimming in altcoin oceans. The Sonic upgrade is a great reason to send FTM’s price to the moon, so buy the dip and wait for a month
next targets for FTM or better to say S are 1.3, 1.5 and 1.9$
Will FTMUSDT go literally off the chart?Key observations from 3D chart:
In june we saw the completion of a double zig zag correction on 5th wave starting from march 2020
Massive bullish divergence in RSI
Squeezing Momentum forecasting a big move ahead
From the 2W chart we also see MACD aproaching a bullish cross.
These timeframes are very powerful. Pitchfork analysis projects 1.618 & 2.618 extensions as almost guaranteed targets, indicating that it could actually go higher, by using the previous run as a baseline.
Considering that BTCUSDT Expanded Flat Correction may be over (see my related Ideas), in my opinion, 0.22 cts is a great level to go long, but that's just me :)
DYOR. Not advice
FTM and the 490 risk to reward investment opportunity Hi Everyone;
today we have one of the best risk to reward Investment opportunity
it is more than 490 times the risk and the chart is look very promising.
I expect breaking the previous bear market key point will clear the way to the final target
FTM has a very good investment opportunity Hi Everyone;
today we have a good risk to reward Investment opportunity
it is more than 700 times the risk and the chart is look very promising.
I expect breaking the previous bear market key point will clear the way to the final target
FANTOM ($FTM) Set to Surge – Heading Above $10 Soon!UPCOM:FTM Macro:
The quarterly and monthly signals are active, and the previous entry at 55c won’t be revisited.
This is a macro view, and I expect UPCOM:FTM to break above $3 and potentially aim for $12.
Dips are for buying. I just added more after reclaiming December's open. If it dips below $1, consider it a solid buying opportunity.
Stay patient and watch the price action closely. BINANCE:FTMUSDT
#FTM/USDT
#FTM
The price is moving in a descending channel on the 1-hour frame upwards and is expected to continue.
We have a trend to stabilize above the moving average 100 again.
We have a downtrend on the RSI indicator that supports the rise by breaking it upwards.
We have a support area at the lower limit of the channel at a price of
0.6500.
Entry price 0.6884.
First target 0.7200.
Second target 0.7660.
Third target 0.8360.