FTM USDT , How Fantom Is Going To Be The Next 4x Gigantom!BINANCE:FTMUSDT
FTM has been one of my favorite altcoin which i bought at 0.2$ and reached the price of 0.65$ which is almost 3x gain in the times when everybody's mom was dead bearish on overall crypto market.
Here is that tweet posted on 4th Jan :
At that time FTM was at the MAJOR SUPPORT! and it made a Bullish Divergence on RSI in Weekly Timeframe! Which was the Biggest Bullish Signal which nobody saw!.
And now
And Now, It broke the consolidation of 280 days and retested it. Retesting the Range after breakout it a buy condition and also it has now bounced from it and making bullish trends on lower time frames
Even if we calculate the current retracement it comes out to be exact at 0.618 Fib Levels
For Swing Setup, Invalidation would be break below 0.4$
and targets would be 0.84$-1$-1.6$-2$
That's it for FTM
Please do like and comment your doubts below and let me know whether you liked the analysis or what you can add more to it. :)
Thank you
Ftmanalysis
FTM about to give you 10X profits than Other coins? Yes, FTM has potential progress in the slight bull run of BTC. Though BTC tries to break 24300 USD and if it breaks the 24300 zone surely it will hit 28000 USD within a week. Mark my word.
In the meantime, FTM made us 2.5X profits from 0.18 USDT to 0.49 USDT almost. MOST OF THE COINS NEVER GIVE THAT KIND OF PROFIT IN A SHORT TIME.
So, FTM is the BEST EVER.
If FTM manages to break 0.52 USDT, we will see it in 0.63 USDT, then every break makes it more positive. I even expected to reach at least $2 within August 2023
So fill your bag with FTM at every step.
Thank you
Fantom FTM price is able to grow to $0.70-0.80, but when?FTM buyers are quite aggressive, and they are currently buying back any price corrections.
We wrote more about Fantom in our previous idea
In today's idea, we have slightly adjusted the dynamic channels and reduced the working timeframe to daily for easier tracking of the idea's development.
It seems that buyers of FTMUSDT can organize another impulsive growth to the range of $0.70-0.80 in the near future . To do this, they need to gain a fixing FTM price above $0.45 and manage to break the stops of shorts above $0.50.
If sellers manage to defend the range of $0.45-0.50, then a fairly deep price correction may begin, to the region of $0.26 as we see in the white scenario.
And after the correction, growth will continue to the liquidity zone of $0.68-0.80.
Which scenario do you think is more realistic now and why?
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FTM SHORT SETUPHi, dear traders. how are you ? Today we have a viewpoint to SHORT/SELL the FTM symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
FTM CAN DROP AGAINHello, dear traders. how are you ? Today we have a setup to SELL/SHORT the FTM symbol.
I think a falling triangle is being completed and we are now in the E wave of this triangle
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
FTM SHORT SETUPHello, dear traders. how are you ? Today we have a setup to SELL/SHORT the FTM symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
FTM time for a small pullbackFTM is at a pivotal point which gives us a great risk reward trade.
i am setting 3 short orders at
0.2425
0.2440
0.2480
I have 3 take profi points as well.
0.2402
0.2385
0.2352
Stop loss if 1h candle closes above 0.2480 so keep an eye on it.
max loss 1%
max profit 4%
LEV x2
( while writing this post,i got in at first entry,but you can set the orders,it is still valid)
FOLLOW FOR MORE
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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Fantom FTM Long-term AnalysisHello friends,
I'm going to study long term FTM. It is indeed one of the most robust projects when you look at on-chain data and wallet movements.
We see that the uptrend from 0.0017 USD has been broken and has received a bearish confirmation.
If we consider USD 0.0106 as strong support, we have reacted as both trend and 0.5 fib support.
But do not be in a hurry to create a new uptrend.
The area where it will be accumulated is very important.
Finally, if we close below the green support channel, the support points that buyers and liquidation hunters are waiting for are indicated on the chart.
In order to create a possible bear flag from here, we can expect an increase to 0.72 cents.
It creates the opportunity for a person who wants to accumulate from this region to sell half of it twice.
Those who bought at the Fib 0.5 support sold half of the doubles. For accumulation, my advice is to wait for positive dissonances and support points that may occur in the 4H graph.
Don't worry, if you're patient, it won't flight without you. If you are inside at the right time, you will be the most profitable.
I wish you good luck.
FTM/USDT - Potential Short ScenarioHello Traders!
FTM continues its downward price formation. Currently, the asset is testing the support level of $0.27.
The appearance of convergence on a two-day timeframe confirms the strength of a downtrend, the aggressive continuation of which will send the price to new support levels.
Soon we can assume that the downward movement will culminate in a withdrawal of $0.1025.
We can search medium-term entrances in the price range of $0.1025 - $0.1530.
The targets will be the price levels of $0.27 and $0.43
Good luck, and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
$FTM Breakout & Retest Done - Trade Idea for Swing & Day TradersHi Traders;
$FTM Inverted Head & Shoulders Breakout and Retest of Neckline Done, Entry at those levels and Targets are mentioned in the chart.
STOPLOSS 1 Day Close Below 1.1$.
NFA, DYOR? and Good Luck.
Tell Me what do you think in the comments? Press that like button to show support.
FTM (Fantom) Coin Analysis 19/03/2021we had analyzed this coin and capitalized on it now updating new targets and positions.
Fundamentals:
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.
Fantom attempts to use a new scratch-built consensus mechanism to facilitate DeFi and related services on the basis of smart contracts.
The mechanism, Lachesis, promises much higher capacity and two-second transaction finalization, along with improvements to security over traditional proof-of-stake (PoS) algorithm-based platforms.
Matching Ethereum, the project appeals to developers looking to deploy decentralized solutions. According to its official literature, its mission is to “grant compatibility between all transaction bodies around the world.”
Its in-house PoS token, FTM, forms the backbone of transactions, and allows fee collection and staking activities, along with the user rewards the latter represents.
Through token sales in 2018, Fantom raised almost $40 million to fund development.
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.
Technical Analysis:
price has don its secondary accumulation phase and consequently showed some move up,
there exist Hidden Bullish Divergence with MACD and its Histogram which is the sign of trend continuation
there are total of 3 targets defined with Fibonacci Projection where as the 3 TP gets confirmed when the 2TP is triggered followed by some distribution and retracements
FTM Capitulation before potential blastoffHere is what I think is going on with FTM:
1) I mentioned the key zone of support marked by the green box. I still believe into this green box is at play.
2) The spread on the daily ema ribbon is very large. You can see FTM has already encountered some resistance near this first ema line, in combination with the uptrending zone of resistance marked in red.
3) The ichimoku is pretty far away from us on the daily so there is a decent chance we could have an impulsive move to the upside, but I believe this will happen after re-testing the green box.
4) Not shown, we are currently rejecting out of a 30% red ichimoku cloud on the 4hr timeframe.
5) The BTC pair for FTM has actually touched the uppermost boundary of the green support box that I have drawn. But we could very well see it drop to the lower boundary which would likely put the USDT pair into the green box I have mentioned.
8) Remember, this is not financial advice and always do your own analysis/research before making any decisions on the market.