Bear Flag Setup : Confirmation ? Price broke out downwards out of the channel as expected. Waiting for pullback to go short .
Looks like BTC pump was a fake out
FTMUSD trade ideas
Bear Flag SetupLooks like it was a bear flag forming . Failed to break the descending trend line. You can wait for break out below to enter the trade but given current market conditions time to see red .
Position ya KuomokaLooks like FTM is a bout to start a new rally , Ascending triangle breakout from support
Fantom to new ATHLogarithmic chart and i do believe that fantom would be able to hit the new ath in the cycle ahead , ecosystem and user growth will help it , added some to my portfolio aswell .
Stay safe and dyor
Fantom Daily Daily Fantom chart we check on GMSONIC. Will update the meme lines and indicators as we move along.
Fantow consolidation at lower levelFANTOM HUGE CONSOLIDATION AT LOWER LEVEL.
BEST BUY @ 0.4-0.5 for 2-3 year holding .
Next target 3.
FTM Rebound After Finding Support, a buy opportunity. Fantom (FTM) bulls may be catching their breath after a recent price dip. FTM found support at $0.80 on the daily timeframe chart, following a fall from a high of $1.22 .
If FTM breaks above the current resistance, key levels to watch include:
First Resistance : $0.94 - A successful breakout above this level could indicate further bullish momentum.
Second Resistance : $1.023 - Surpassing this resistance could be a significant step towards revisiting the previous high of $1.22 .
FTM in daily chart.Hello
As we expected, this chart is making a Leading Diagonal for wave I cycle (like NEAR) but please consider that we are in corrective waves and what I say is just my ideas and we need more confirmations for FTM, NEAR or all others ones.
For the next days we just need to sit relaxed and wait for theses confirmations.
Do not decide emotionally even you get your confirmations.
Please do not send me massages about my notices and expressions in my ideas.
Follow me if you like this page.
I know what I am doing and What I am saying.
Thanks
FTM in weekly chart is Bearish or Bullish?Hello everyone
FTM is on of the most beautiful symbols in the market, in terms of Elliott Principle, but it has had many alternatives recently in its corrective waves and it seem that there is more correction for it. I should chose my side and I chose bullish market for but please consider a second scenario for its wave II cycle to go down.
Thanks
A discussion about FTM Coin for Elliotticians .Hello
I selected this topic because there some rules in Elliott that completely is uniq.
I do not discuss for this coin situation and analysis because all of you have your
valuable analysis for this coin but I just want to ask you a simple question :
This correction (as wave (II)) is finished and you think this pattern is enough for
a major rally.
Thanks
Fantom at .40 cents a fresh startAndrew Cronje is going to have an event this month
and said he will focus on Dapp ecosystem
looks like an abandoned project and not much investors
maybe a good time to accumulate this march
Waves 2Next round waves 2 for FTM before the three ?
...............................................
$FTM Looking Pretty Good for Upwards Price actionFTM came down and tested the bull market support band 3X. Appears to have moved out of the accumulation zone and into the sign of strength, so my expectation is that we're going to be seeing some green candles.
FTM: $1.15 | Loyalty Check in play for $5.0 Rewardgreat community solid projects
just a matter of settling issues and new investors getting volume for the next big payout
Fantom 600% Potential in Long TermElliott Wave Pattern:
The chart shows a complete Elliott Wave pattern with the sequence 1-2-3-4-5 followed by an ABC correction. Currently, FTM is in the initial phase of the third wave of the new cycle, which signals the potential for significant upside ahead.
Fibonacci Retracement Level:
FTM has tested the 0.382 Fibonacci retracement level several times as strong support. This provides an indication that the price is likely to respect this technical level, which is usually a positive sign for potential further upside.
Moving Average:
The 21-week Exponential Moving Average (EMA) shows an uptrend. When price is above this EMA, it usually indicates bullish momentum.
Price Target:
The price target projection using Fibonacci extensions suggests that the price could reach around $5.55 in the anticipated wave 3 phase. This provides interesting upside potential from the current level of around $0.82.
Sentiment and Fundamental Analysis:
Based on the latest analysis and predictions, the Fantom project has growth potential supported by the adoption of new technologies and collaborations in the DeFi and dApps ecosystem.
Fantom: Ready or not?FTM fell back to the upper edge of our magenta Target Zone ($0.7680 – $0.5047) last week and ran sideways above this level. Primarily, we continue to grant the coin the opportunity for a deeper dive into our range in order to reject the low of the magenta wave . Only then should it turn around and rise above the resistance at $1.22. Should this level be exceeded earlier (37% likely), however, we will have to place the price in this uptrend now.
FANTOM #FTM to $2.60If we are lucky of course lol and log targets are hit for us.
W bottom with the linear target giving us price objective of just over a $1
core positions should have been acquired by now ofc
or if hit it big with #memecoin
FTM is a low risk midcap to rotate profits into
(imho)
#FTM/USDT ANALYSIS FTM has successfully broken out of the symme#FTM/USDT ANALYSIS
FTM has successfully broken out of the symmetrical triangle and completed a successful retest. The Ichimoku cloud is acting as support, and the MA 100 is showing a bullish trend. As long as FTM continues to trade above the triangle, a continuation of the bullish move is expected.
FTM breakout Rally Eyes $1.85Bullish Breakthrough: FTM's price has decisively broken above the resistance trendline, signaling a robust bullish reversal.
Stunning 24-Hour Surge: An impressive 26% increase in the last 24 hours marks a significant turnaround, underlining strong buyer interest.
Bitcoin Boost: A substantial overnight jump in Bitcoin has catalyzed a broader altcoin sector recovery, benefiting Fantom significantly.
$1 Horizon: The current momentum suggests that FTM is well on its way to surpassing the $1 milestone shortly.
Volume Vigor: A spike in trading volume supports the ongoing surge, indicating a solid bullish conviction among traders.
RSI Ramps Up: The RSI nearing the 70% line showcases a dramatic increase in buying pressure and market enthusiasm.
EMA Evasion: Breaking above the 50-day EMA has successfully averted a potential death cross, reinforcing the bullish outlook.
Fibonacci Favor: The price challenges the 23.60% Fibonacci level at $0.8194, with eyes set on further gains.
$1.50 Potential: If momentum continues, FTM could not only breach $1 but could aim for the $1.618 Fibonacci level at $1.85.
Consolidation Conclusion: The end of a consolidation phase paves the way for a new bull run, potentially leading to substantial price increases.
Fantom “Big W” Pattern developingI absolutely love it when we can discard more complex names for chart patterns, like the Bump and Run or ascending inverted scallops for more simplistic names. The Big W looks like a big W. And Fantom looks like it is in the second low of a big W. My source material for the Big W is Bulkowski’s The Pattern Site and I use his lettering system. TL:DR at the bottom.
www.thepatternsite.com
The Pattern and Trade
The Big W is identified by its steep fall to target and then a rise that is at least 10-20% of the low. Because we are looking at crypto we have a Point D that is over 200% above the low at B. The uptrend is provisionally supported by a bullish MACD cross below zero. I always like to visualize the MACD EMAs and we can see that price has gotten above the short span and is sandwich between it and the long span. Given my assessment on the macro crypto environment I suspect a quick move to D is very likely.
As a somewhat aggressive trader I am in my position now. A more cautious trader enters when price gets above point D. A 15x (non-margin) on this trade would suit me rather well. I don’t want to assume to much what I will do when price returns to the A level. I may rotate fully or partially this stack into another promising project or I may just hold.
About Fantom
Quite frankly the thing I know most about this project is the chart looks amazing. I am looking at layer 1 projects but everything else is noise to me if the chart looks bad. Fantom tries to solve the trilemma by using be asynchronous Byzantine Fault Tolerance? Great. Don’t really understand, the chart looks great. It uses Lachesis to be asynchronous Byzantine Fault Tolerant? Great, the chart looks good. They have Defi and GameFi. Great! The chart looks good.
fantom.foundation
A bit more seriously, I know that Fantom NFT platform atrion (artion.io) uses chainlink as an oracle, which is nice given my interest in chainlink (my most recent idea was on link). You can link your metamask or Coinbase wallet and pay for your fantom NFT with other currencies and chainlink sets the exchange rate. Pretty neat.
Sidenote: I have never bought a NFT. There are some “waifu” NFTs on atrion and I am not sure what negative emotion best describes the idea that someone would buy a image of a waifu. I certainly am not spending money on one. But there may be some money in it for you if you want to.
I know it has fast finality and relatively high through put, and smart contracts. Probably why the chart looks so good. Also, this is a relatively low market cap coin. It is not advisable to try and put on large amounts of margin or large market buy orders. You may very likely find yourself in a buy way above your intended price as you draw up the available liquidity. If you do that in a margin account you can quickly blow yourself out.
TL:DR
The chart looks good, come help pump my bags. We are all going to make it.*
*Not financial advice. I am not a financial advisor, and even if I was, I am not your advisor.
#FTM/USDT A Falling Wedge has formed on the 12-hour time frame#FTM/USDT
A Falling Wedge has formed on the 12-hour time frame👨💻
The pattern is poised for a potential breakout🔺
If a successful breakout occurs, a significant bullish wave is expected🌊
FTM about to breakout or get rejectedFantom is about to breakout of a clear resistance, it has already tried to breakout once and has failed. This should be interesting
Get rich with this offerTwo explosive buy deal offers
The first is short-term and fluctuating
The second is long-term and maintenance
You can also use this opportunity for a sales position .
#FTM
#crypto
