FTM Analysis - How Low Can It Go?Hello Traders! This analysis for FTM was done at the request of one of our members. I was actually quite Bullish on this crypto last year long before the leader left and chaos ensued. So where is price headed? - To be brutally honest... This is one of the worst charts that I've seen in a while. I can't find a single Bullish indicator anywhere on the chart. I actually think FTM could be trading around 0.20 or less by the end of the year and I'm serious about this. - In the short term I would like to say I think it could bounce considering it's at a support level and has come into this level quick (indicator of potential bounce) but this crypto has underperformed so much that even when a bounce setup occurs it blast through the level and continues lower. ***I really don't have much to say regarding this crypto, if it was me I wouldn't put a single penny into FTM. It's done nothing but trade down with the exception of a couple bounces but aside from that this has got to be one of the worst performing coins in Cryptoland. - For anyone holding FTM, I'm not trying to be abrasive, I'm just giving my honest opinion. ***I suppose you could short FTM but I would caution against shorting period unless you are experienced. ***Let me finish by saying this... - If you are HODL'er of FTM, I would think very carefully about your plans for this crypto. The probabilities of you continuing to lose money with FTM are VERY high especially considering BTC is projected to hit $20K in the coming months. - Personally I learned the hard way and had liquidated my account on several occasions when I first started trading. I left my money in cryptos like ADA, holding on because my emotions told me to. There was no logical reason to it, the charts said otherwise but I was attached to it and couldn't bare taking that size of a hit. In the end I lost all the money invested and learned the lesson of what happens when you allow your emotions to dictate your trading decisions. - Lastly, I don't know if anyone reading is in this particular situation, but either way it's a good lesson to be learned. Charts like FTM will undue months if not years of work saving money to invest. That's all, thank you everyone and best of luck trading!by natef19912
BEARISH SETUP ON FTM 30/04/2022 !!!!!!!!!!!!Crypto is struggling to break through key areas to flip the sentiment to bullish. I follow what I can see on the charts and not the noise (hype) on platforms such as twitter and YouTube. (seeing is believing) Bearish conditions means bearish confluences and we saw this on FTM a couple of days ago, we had break of support and retest on the 25/04/2022 Bearish Rectangle formed Increase in Bearish Volume Rejection off the 50EMA Rallie Candle at Resistance of Range on 1H Using the Fib Extension tool from a local swing high - swing low - end of rallie, we ended up taking 15% from this trade (no leverage) Shortby LuxTradeVenture12122
what if... FTMFTM looks horrible. But i will buy as much as i can between 0.7-0.8by UnknownUnicorn299643340
FTM Parallel Channel Exit to $2FTM is supported by the RED trend line and is trading in a parallel channel. Once the channel has confirmed exit. Profit Target is at the MA 200/50% retrace at $2. Good LuckLongby peterbhc666
Poker Hands Relating To Trading (((FTM APRIL 2022)One major similarity between poker and trading is that they both involve incomplete information. A poker player may have a strong hand, but he or she is still not 100% sure of what cards other opponents hold. The same thing applies to an investor/trader who may predict a good return but may not be 100% of it. So, decisions in poker and trading are often based on incomplete information. Once the market has dealt the hands (provided us traders with information of market behaviour) we can play the hand, stronger the hand the higher the probability of the trade becomes. How much do we want to risk ?? With due diligence, we need to know the EV+ ( Positive Expected Value) and RMultiple expectancy and with this information we can assume a 60-70% chance of making money and now its up to how much we are willing to risk on the trade. Risk Management Position size of £100 with a 10x leverage = £10.00 Risk Per Percentage With a 2/1 RR, the Reward Per 2% = £20.00by LuxTradeVenture2
Fantom #ftm in daily chartin this chart we can see a strong support zone and in this area, a long position could be profitable. entry point: green box as shown on chart Stop loss : 18 % belo the EP. Take Pforfit : ~100 % Longby behrouz_hosseini_13665
FTM so hot rnidk seems like its about to lose half of its value, who woulda thought lolShortby largepetrol333
FTMHello everyone, if you like the idea, do not forget to support with a like and follow. FANTOM STILL IN THE BULLISH PATTERN. REMINDER: THIS IS NOT FINANCIAL ADVICEby Delgersaikhan0724115
LongThis is my next call for this recovery of crypto coins everything is explained on the graph.Longby elionuUpdated 1
Elliott Wave Analysis: Cryptocurrencies Can See Deeper PullbackHello everyone. In this video, I will talk about cryptocurrencies, in which will cover Bitcoin miners' outflow who were massive lately, so miners want to sell or exchange bitcoin for something else. At the same time, I see an even "strong" Luna now in the late stages of an uptrend. It appears there is a chance for a deeper pullback on cryptos. If you like the video, please press a like button below or leave a comment below. Thank you. Enjoy your weekend. GH08:36by ew-forecast4423
FTM/USDT - LONGDeadcat or a genuine bullrun do we have here? First TP would be the white arrow then reassess from there. BTC looking like it can run 64k form here. Safe trading allLongby BullnBear_MarketsUpdated 5
Fantom GOING BULLISH!! 🚀🚀💣💣BINANCE:FTMUSD Fantom will provide you significant gains these coming months!! 🚀 🚀 🚀 For a steady profit set your take profit limit @ 15% on your entry Don't follow others advice but follow technical based analysis! - David van Delden Next Level Quantum Trading - www.financeimperial.weebly.comLongby ImperialTrading111
Fantom in descending wedge scaring away all evils 👻💀The price is in an interesting region on the Pitchfork fork. And MACD is confirming uptrend. A good time for entry I believe is at 50% of Fibo correction. The uptrend will expand upon breaking above the wedge. Against Bitcoin, the asset is also at an interesting moment. We had a rejection of the last support breakout, and consequently a diagonal resistance breakout. Longby andre_0072
FTMFTM long idea playing out. Didn't take this trade, but I like how it's going :)by kukurikucro20115224
FTMUSD (4H) Bullish Wave We2Hi Traders FTMUSD (4H Timeframe) A Med-High probability, entry signal to go LONG will be given with the upward break of 1.620 after the market found support at 1.510. Only the downward break of 1.510 would cancel the bullish scenario. Trade details Entry: 1.620 Stop loss: 1.510 Take profit 1: 1.780 Take profit 2: 1.950 Score: 6 Strategy: Bullish Wave We2 Longby Avramis116
FTM PUMP 15/03/2022 FTM has dropped 50% since 02/03/2022 after key personnel associated with its project announced departure, this has left FTM near an area not touched since 09/21. Looking at the 6H chart, we have Bullish Divergence + Hammer Fractal (currently this is still Subjective until a clear break in Market structure) As the market has overextended to the downside - an automatic rally was very likely. As a trading idea, price would need to be > $1.30s as this would clear a key level and the 50ema I am early in my development in charting, any tips to improve would be very helpful - Many thanks :) by LuxTradeVentureUpdated 114
Ftm longJust a long position for ftm, used some trnd analysis on this and hopefully it hits entry and take profit.Shortby grimzempire330
FTM/USDFantom flirting with a breakout in momentum as well. Keeping a close eye on it. Macro target aims for $30. Longby Unchained_Trading3311
FTM ready to push higherFTM is squeezing against resistance at the 4H MA200. That should break soon causing an impulse to the parallel channel between $1.65 and $1.70 over the next few days. Good LuckLongby peterbhcUpdated 10
FTM H&S pattern on 30 minFTMUSD is like all Crypto reverted and in an uptrend but now correcting. However on the Short term FTM & SOL are keeping strong due to positive news. In the medium term they will still follow BTC and TOTAL. In the 30 min timeframe i saw a potential H&S pattern. Let's see what it gives!by oliveralex0
FTM (Fantom) Coin Analysis 01/04/2022Fundamental Analysis: 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 is an open-source decentralized smart contract platform for DApps and digital assets that was created as an alternative to Ethereum. Fantom has the goal of overcoming the limitations of previous generation blockchains and balancing three components: scalability, security and decentralization. The project offers a set of tools to simplify the process of integrating existing DApps, as well as a detailed staking reward system and built-in DeFi instruments. Fantom is a Layer-1 blockchain that uses a scratch-built consensus mechanism and independent consensus layer, Lachesis, to facilitate DeFi and related services on the basis of smart contracts. Lachesis provides security for other layers as well, including Opera, Fantom's EVM-compatible smart contract chain. The long-playing mission of the project is to “grant compatibility between all transaction bodies around the world.” One of Fantom's key strengths is its performance and efficient transaction processing, namely thousands of transactions per second, where transactions are settled in 1-2 seconds, and the cost is fractions of a cent per transaction. As a result, Fantom provides higher scalability but at a lower cost. The ecosystem is based on two main technologies: Lachesis protocol and Opera. The Lachesis protocol is the core consensus layer that secures the Fantom network by providing both transaction speed and security. Lachesis is an aBFT consensus engine that uses a directed acyclic graph (DAG) algorithm. How it works: network data can be processed at different times, and the network filters the participants, allowing only one third, which are allocated due to erroneous or malicious behavior, without compromising network processes. Fantom's Asynchronous Byzantine Fault Tolerant (aBFT) Proof-of-Stake (PoS) consensus mechanism maintains the efficiency of the entire network, its design provides security at maximum speed. Fantom developers emphasize that the PoS mechanism is a leaderless phenomenon — there are no leaders of blocks and participants, and anyone can join (or leave) the network of nodes at a convenient moment. The key qualities of Lachesis are: asynchronous, leaderless, Byzantine fault-tolerant, and near-instant finality. As for Opera, it's an application development layer or Fantom's mainnet deployment platform, permissionless and open-source hosting DApps. Thanks to EVM integration and support for the Solidity programming language, Fantom has a full set of smart contract capabilities, which allows users to seamlessly interact with Ethereum platforms while maintaining the advantage of Fantom's transaction efficiency. The Fantom Foundation concluded that removing block leaders improves network security, so Opera uses a PoS model and leaderless validators (validators do not determine which blocks are valid). In addition to being a fast, secure and cheap payment platform that enables to make fast and secure payments at minimal cost, Fantom also features on-chain governance where users vote with FTM tokens (one token equals one vote). Of the features: users have the right to express the degree of agreement / disagreement on a scale from 0 to 4. FTM is the native utility in-house PoS token of Fantom that powers the ecosystem and is applied for payments, network fees, staking, and governance. FTM forms the backbone of transactions, and allows fee collection and staking activities, along with the user rewards the latter represents. Fantom uses a bespoke variety of proof-of-stake algorithm to provide services and secure its network. Known as Lachesis, it is an example of a so-called asynchronous byzantine fault tolerant (aBFT) consensus mechanism. By removing leadership among network participants, Fantom avoids low-cost attack risk, while staking adds further user incentives to secure operations using FTM token holdings. FTM exists on several protocols, with ERC-20, BEP2 and Fantom’s own OPERA tokens all circulating. 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. FTM is a proof-of-stake (PoS) token which in fact exists in several incarnations. The platform’s compatibility with Ethereum means that users can purchase an ERC-20 standard FTM, which is automatically converted to native FTM once received to their wallet. Another version of FTM is available on Binance Chain using its BEP2 standard. Only the native FTM can be used on the Fantom OPERA mainnet itself. The total supply of FTM is 3.175 billion tokens, of which 2.55B FTM is currently in circulation. The rest will be released subject to a schedule running through 2023. Staking forms an important part of tokenomics, with a proportion of the supply reserved specifically for staking rewards to users who hold FTM. The current CoinMarketCap ranking is #44, with a live market cap of $3,676,923,682 USD. It has a circulating supply of 2,545,006,273 FTM coins and a max. supply of 3,175,000,000 FTM coins. Fantom Market Capitalization, Technical Analysis: we expect the market to reach the 25 Billion dollars. Technical Analysis: There exist Bullish Divergence of Total Value and MACD which the sign of bearish trend reversal and start of the new Bullish trend which may lead to the new economical cycle, There are Total of 3 Targets defined by the Average Confluences of the Fibonacci Expansion and Fibonacci Trend Base Extension. these confluences Points can even be counted as the Major Pivot Points . The 3 TP gets its confirmation as the Bullish trend Triggers the 2 TP followed by some Price correction and Reaccumulation. on its Up Formation rally. Currently the Price Value is at 61.8% Fibonacci retracement level; it means it has broken the resistance level and had rechecked it backed and it has been Proved to be the support area . Probably we may not again see the 78.6% Fib or bellow... Our Past Analysis for this Asset Acquisition: Initial Asset Acquisition: Addition on the Treasury: Longby BitonGroupUpdated 2213