FTMUSDT
FANTOM'S ADVANCED TECHNICAL ANALYSIS !!!Here we are having an advanced Elliott based analysis on one of the best featured DeFi projects, Fantom .
As the chart illustrates, the expected deep correction is done, by completing the wave (b) and reaching the daily order block and also, changing the main structure by crossing the last major pivot. It might have an appropriate possibility for investment and buy some Fantom on 0.32$ and hold for long (at least 2 yaers).
And let's look at the last impulsive wave from the Fantom:
We might see something like this! It's not dramatic, this is the reality!
-Stay tuned for more updates-
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.
FTM/USDT/UpdateAs I predicted in the previous analysis and the first comment, a strong upward movement happened to break the downward channel, and after a pleasant growth, we are now witnessing a break and price correction. It should be noted that in this strong move, a strong static resistance was also broken, which has now become a valid support area in the $0.45 area. Following the specified stop loss, we will continue to wait for the realization of the $0.71 target.
Big Short on FTM?!in weekly timeframe before take sell side liquidity. smart money shifted market structure to bullish and we saw take the old high.
between $1~$1.3 we might have great opportunity for short to reach $0.10.
but for now! we are in discount zone and price will tend to reach monthly fvg which is premium zone. we might have great opportunity for long position from $0.30~$0.27.
FTMUSDT - Bullish Gartley Harmonic Retracement from X to A using Fib Retracement, price hit 0.618 at 0.4553 price. Looks like a classic Gartley Harmonic forming. More info on Gartley www.investopedia.com
Will be interesting to see the volume profile as and if price moves to the down side target at D. That being, Volume, Value Area Low, and Point of Control.
FTM / USDT 1D Interval - Support and ResistanceHello everyone, I invite you to review the FTM chart in pair to USDT, on a one-day interval. We will start by marking the downtrend line that the price has broken up. Next, we can define the lines of the current uptrend.
Now let's move on to marking the support that we should take into account after such dynamic increases. And here we have the first support at the price of $0.42, the second support at the price of $0.37, then we can mark a strong support zone to which the price may move back from $0.33 to $0.29, and then support at the price of $0.24.
Looking the other way, we can see that we are currently facing a very strong resistance at $0.52, but when we manage to overcome it and positively test it, we can see an increase to around $0.74.
It is worth paying attention to the EMA Cross 50 and 200, because we see that the 50 marked on the chart with the yellow line dynamically turns upwards and when it crosses the 200 marked with the blue line, we can see a bullish uptrend.
The Chop Index indicates that we are slowly regaining energy, the MACD indicates an ongoing uptrend, while the RSI has a slight rebound, but is still moving above the upper range, which may lead to a price correction.
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 Bullish Flag!KUCOIN:FTMUSDT
FTMUSDT is sitting now in a bullish flag. Re-entry in the Possible Pullback zone for next leg up.
Break and retest of buildup will make FTM run for about 28% as next target.
If you're more matured you could enter a short when structure breaks to the Possible Pullback zone.
If you liked this idea or if you have your own opinion about it, write in the comments.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
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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