FTM
FTM.Usd (Y22.P2.E1). Relief rallyHi All,
#FTM #FANTOM top structure fits the Wyckoff distribution schematic and we are looking for this relief rally shorting. entrance.
To find the entry at the time, we need to keep an eye on a few charts.
a) BTC b) DXY c) SP500 & NASDAQ
For now, I see confluence for a strong resistance with the daily 200 EMA and the 618 fib level.
PS. FTM team looking to introduce the FUSD stable coin.
which probably gave it this strong bounce.
All the best.
S.SAri
FTM Double TopFTM shows a clear double top (bear formation), like other top alts ( in a more shy way). Others show also double top but last peak higher is than the first one (like BTC), but we should imho play safe and considerer double top the same.
Due to the delicate macro situation, pre war cenario, inflation, tax rates, sp500 double top, btc domination rise, and so on, I believe 99% of all crypto will go more downwards than up, during a long period of time: 12-18months.
I may be wrong of course.
Good luck.
FTM has a correction and is back in the support areaHello everyone, let's take a look at the FTM to USDT chart on the 1H interval. As you can see, the price is moving in the triangle marked with the blue lines.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 0.3772, if the support breaks down, the next ones are $ 0.3478 and $ 0.3247 and $ 0.2847.
Now let's move from the resistance line as you can see the first resistance is $ 0.4256, if you can break it the next resistance will be $ 0.4740 and $ 0.5349 and $ 0.6148.
Looking at the CHOP indicator, we can see that in the 1H interval we have exhausted energy.
FANTOM - Time to Rise (finally..?) FANTOM had to follow the market and the crash was as depressing as it gets. Then again good we had been short on other assets but Fantom was never in that category of ours.
Technically it is giving signs, promising ones, that it should rise to 0.50 or higher.
then again, the market is so unpredictable and we depend on what happens the US markets open in 1 hour.
Regardless, this is a LONG idea and for very good reasons.
one Love,
the FXPROFESSOR
$FTM/USDT 90m (#BinanceFutures)Falling broadening wedge breakoutFantom is pulling back to 50MA support and looks good for a bounce then a short-term recovery!
Current Price= 0.7531
Buy Entry= 0.7432 - 0.7050
Take Profit= 0.8346 | 0.9233 | 1.0164
Stop Loss= 0.6354
Risk/Reward= 1:1.25 | 1:2.25 | 1:3.3
Expected Profit= +15.26% | +27.51% | +40.37%
Possible Loss= -12.25%
Fib. Retracement= 0.559 | 0.786 | 1
Margin Leverage= 1x
Estimated Gain-time= 1 week
Tags: #FTM #FTMUSDT #Scaling #PoS #Staking #DAG #SC #EVM #Enterprise #DApp #DeFi #BSC #BC #SolEco
Website: fantom.foundation
Contracts:
#Mainnet
#ERC20 0x4e15361fd6b4bb609fa63c81a2be19d873717870
#BEP20 0xad29abb318791d579433d831ed122afeaf29dcfe
#BEP2 FTM-A64
#SPL 8gC27rQF4NEDYfyf5aS8ZmQJUum5gufowKGYRRba4ENN
#CELO 0x218c3c3d49d0e7b37aff0d8bb079de36ae61a4c0
Fantom/USDT quick analysis
Quick analysis regarding fantom.
In my opinion there will be a small bounce back in 1-2weeks, RSI oversold. Small correction is probable, (not over 0.53 price, resistance is strong there). After that we might see price go sideways for next couple months. (0.25-0.42 price range, there is really strong support in 0.25-0.26). I would keep an eye on BTC, if it hits new bottom of the year, we can get fantom cheaply (0.16-0.25 range). Which of course im hoping for, but because there is so strong support at 0.25-0.26 price range, it will be very hard to hit bottom below that.
Maybe there should be short term limit sell orders close to 0.285 as it is very probable, price will go below that, because there is no support on that range, next support seems to be 0.25-0.27 range. This enables to buy cheap, about 0.25 would be ideal, if there is fast correction and not big trend going down. If that happens, i would wait a bit, and watch if we can even go below 0.25, if so prices might be at 0.16 on lowest (very good price in my opinion:)
In short period of time, we might see a dip, not that much action, compared to couple previous days.
Good luck with your trades!
FTM/USDTDue to the strength of the downward trend in the foreign exchange market ftm was also affected and one after another important support was broken down.
Now, after a break and trying to grow above 0.4337, it has failed and is falling again.
In my opinion, due to the high strength of the downtrend, we can see a drop to 0.1843
If FTM can down to range 0.1843 It has a very important support on its way and with the failure of the range 0.1568_0.1843 It can drop up to 0.0508
FTM SHORT FTM it's dead i am short it first target on the 1h and 15 min time fame here 0.3097
on weekly we going to 0.2 wil upadte that later soon
ftm wil drop to the 0.3097 and i think it could do like luna from this level to drop fast
good luck all
ftm bearish divergance got reject 4h time fram btc going down usdt going up
FANTOM - Step By Step We Rise AgainFANTOM has risen a good 21% today and given that the number was almost 30% a few candles earlier this could be time for it to rise again.
Nasdaq is rising nicely on support, Crypto is recovering and weekend is coming. We expect the rise to continue 🦉💹
We are Long on Fantom and our expectations remain high. The market has taken a beating but the Great projects will prevail and FANTOM is in this category.
Our Bitcoin chart:
One Love,
the FXPROFESSOR