FANTOM - The Perfect Impulsive Move is LOADING!FANTOM Weekly Timeframe :
We have completed wave 2 correction and the bottom in IN. We can see a clear impulses on higher timeframe, Therefore, we are now bullish and looking to ride wave 3.
Trade Idea:
- Watch for the current correction to break out.
- Invalidation level is below the bottom.
- Targets: 0.97,1.47, 3.5, HODL the rest and manually close.
Goodluck and as always, trade safe!
Ftmusd
FTMUSDT (FANTOM) Daily: 04/03/2023: 🔴Please read the caption🔴
The bears show weakness on the Fantom chart.
The price had a bullish reaction after collecting liquidity below 0.411 and a low time frame demand zone supported the price very well.
On the other hand, there is a huge liquidity pool above 0.4762 that can be interesting for the price.
For that, the price can re-test the demand zone or rise from here.
The final target can be the supply zone
💥Important note: It is a high-risk opportunity, and if the price breaks the demand zone, this TA is invalid.💥
💡Wait for the update!
🗓️04/03/2023
🔎 DYOR
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(FTMBTC 1W chart)
The question is whether the price can sustain it by rising above 0.0000 2029.
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Depending on how the candle closes this week, we can see that the HA-High indicator on the 1W chart forms at the 0.4808 point.
If the price is maintained above the HA-High indicator on the 1W chart, it is expected to continue its mid- to long-term upward trend.
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(FTMUSDT 1D chart)
The question is whether the price can sustain its rise above 0.5366.
If it rises above 0.5366, it is expected to break out of the bottom.
A full-fledged uptrend is expected to be possible when the price maintains a move above 0.7534.
It needs to be confirmed that it can rise with support around 0.4257-0.4417.
If not, it is likely to fall to around 0.3339.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
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FTM ANALYSIS (4H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG 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 GO UPPERHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG 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 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
The price fluctuationsThe buying pressure in the weekly timeframe caused a temporary break of the $0.50 range. But price stabilization has not been observed in the weekly timeframe above this area. 5 consecutive weekly candles and breaking the previous static resistance levels is a very strong sign for the continuation of this movement after the correction. After the price of Fantom entered the corrective wave, the first important support is located in the range of $0.36-$0.38, where we expect a positive swing from this range.
But the second support of FTM is considered in the range of $0.278 to $0.320. This support level is an important supply and demand range in daily time, which has the potential for a stronger positive reaction. Its trend in the 4-hour timeframe is bearish, for which we can consider a bearish channel. The continuation of price fluctuations in this range is expected.
$FTM Down to .328 then up to .87FTM appears with will hit the bottom of the weekly candled breakers. The smart money fib, that breakewr runs between the smart money buy, getting alot of retail to buy early, then sell thiniking it's gonna sink then back uip to when I would recommend.
Entry - .33
SL - .232
TP1 - .49
TP2 - .69
TPT3 - .87
KUCOIN:FTMUSDT
BITSTAMP:FTMUSD OKX:FTMUSDT.P
F\ KUCOIN:FTMUSDT.3L
BITFINEX:FTMF0USTF0LONGS
FTM amazing profits after my call ! What next?FTM / USDT
FTM was one of strongest coins in this bullish wave
In less than 1 month it made more than 180%(spot) after my call in 8th January last month
See my previous idea here : ⬇️
WHAT NEXT ?
I recommend secure some of your profits As you can see in my chart we approaching strong resistance between 0.75$ and 1.10$
Big rejection can happen here however if it could break it the next will be the previous ATH or even more
Appropriate your support by likes and comment for more ideas like this one
FTM to ATH and beyond, question is WHEN?My opnion is that one of the fast performers on this new bull run will be FTM.
It's obvious from my point of view that the whole FTM/USDT graph it is a biiig BULL FLAG.
I've used the trend based fibo time to mark the possible answer to the question WHEN.
WHat do you think?
FTM is the ticker symbol for the cryptocurrency Fantom, which is a distributed ledger technology (DLT) platform designed to enable fast and scalable transactions. These are the key fundamentals and potential reasons for optimism regarding Fantom :
1.Scalability: Fantom aims to solve the scalability issues faced by other blockchain platforms by using its unique directed acyclic graph (DAG) structure, which enables parallel processing and high transaction speeds.
2.Interoperability: Fantom is designed to be interoperable with other blockchain networks, making it possible to integrate existing systems and infrastructure with the platform.
3.Use cases: Fantom is targeting a range of use cases, including digital asset management, supply chain management, and decentralized finance (DeFi) applications.
4.Partnerships and collaborations: Fantom has established partnerships and collaborations with a number of organizations and institutions, which could help to drive adoption and increase its network effect.
5.Research and development: The Fantom team is actively engaged in research and development activities aimed at improving the platform and expanding its capabilities.
This is just my opinion, it's not a financial advise!
Take care of your hard made money guys!
CHEERS!
FTM/USDT ChartHi, I try to post often so if you could follow and like it would mean a lot to me.
Crypto had a great run lately and in the midterm I am still bullish, but for now a small correction will probably happen. BTC is moving sideways and most altcoins don't have enough strength to break their next resistance so we will go back to support and then bounce. In the 4H and in 1D chart FTM is overvalued and looking to drop, so I think I have a nice short set up here. Not financial advice
We can only hope that 2023 is a good year for crypto and the markets in general.
I will probably give an update on APT in the next days, since I believe in a great run for the coin.