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Fantomusdt

FTM/USDT ChartHi, I try to post often so if you could follow and like it would mean a lot to me.* FTM has been droping for a while and it can drop even more. However with the low volume that is going on any trade is welcome. FTM is undervalued in the 1D chart and in the 4H chart so I am preety confident that in the short/mid term the coin will perform well. I don't think that FTM will run again so this is just based a lower time frame trade. MACD is also looking strong. I expect higher volume in the next hours so don't miss on this long oportunity. Be careful and don't trade with high leverage. Comment what you think. * Its been a while since my last post and I apologise for that. I have been really busy in the past weeks and my next 2 months will be exactly the same. I didn't spend enough time to research for ideas that I think that are worth posting and with low volume trading became even harder. I will try to stream every friday but I can't promise anything. I am truly sorry and when I can I will make a huge comeback for sure
Long
by Devan-CryptoCharts
4
FTM APPROACHING RESISTANCE LEVELS Here is what I see that might be happening with fantom: 1) We are below the 200 ema, the ema ribbon, and the ichimoku cloud on the daily timeframe. Not a great sign, BUT we have managed to test the ema ribbon quite frequently during this downtrend, so we could very well break above it soon as the more often support/resistance is tested the more likely we are to break it. 2) If we do break the EMA ribbon to the upside we will again be testing the up trending zone of resistance we recently rejected from (red box). This has been used as strong support in the past and has already been used once as relatively strong resistance. 3) We have a relatively large red ichimoku cloud above us which isnt great, but for the past year or so we have been in relatively sideways price action, where the ichimoku cloud isn't as powerful. 4) If we do manage to get rejected from the ema ribbon, especially since volatility looks relatively weak right now, we could move to the bottom of the green box. This green box has acted as strong support/resistance in the past, so I would expect to find at least a bounce from the bottom of the box. 5) As of now, I am relatively bullish on this on the short term, especially if bitcoin keeps rising. FTM really needs to break the resistance ahead of it though or else it could send us lower. 6) This is not financial advice and always do your own research before entering the market.
Long
by MarketM8ker
$FTM Potential Swing Long Set Up BUY THE DIP #FTM #FantomIt's time to buy the dip! Over the past few years, every time $FTM has always retraced back to the 0.382 level before bouncing back up. The 0.382 fib level seems to always be the price retracement level in which a huge bounce a price action would take place therefore this could potentially be a good area to buy in or swing trade this coin. I am reposting this due to the recent correction, an amazing opportunity for a swing trade! Entry Levels: 0.942 - 1.0636 Stop Loss: 0.7376 Targets: 1.674 - 8.1099
Long
by yoyokenwan
1
50% GAINED FROM MY LAST FANTOM CALL🤑💰Please support this idea with a LIKE👍 if you find it useful🥳 Not a financial advice🙅🏼‍♂️ In my last idea on Fantom, I made a forecast for Ftm to rise by 65% to 1.74 where I also gave an update to change the profit targets from $1.74 to $1.50, $1.52, $1.54 and $1.55 here Price hit all profit target. For those that took the trade, congratulations on the profit. Drop your testimonies in the comment section. Follow me stay updated about this coin and more helpful projects like this🎁 Happy Trading💰🥳🤗
by PetrockFxTrading
5
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
Long
by BitonGroup
8
Long term Bullish, but could pull back once more. A couple things: 1) In my previous post I mentioned we would likely come down to the green box and set a bottom, and drew the red arrow. I've adjusted the box to better fit the previous bottoms and tops set but even then we barely scraped the top of it. 2) We have managed to rally right back into resistance, as you can see with the red up trending zone of what was support as well as the EMA spread and the 200 EMA. So, with this being said: a) Green box is providing decent support. b) we really need to break back into the triangle pattern on the daily, as well as break above the EMA ribbon. c) if we do not break above these resistances we could very well double bottom, seeing support at the green box again. Now if bitcoin blasts off to 60k shortly and takes everything with it, we could very well see quite the explosion though these resistance levels to the upside. Do not be surprised if FTM sees another re-test of this green box on the short term though. Overall i'm pretty bullish on this as long as we hold the green box, especially seeing that the majority of coins are now moving upwards as well. This is not financial advice and always do your own research.
Long
by MarketM8ker