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FTMUSDT

FTM Fantom: Unveiling the Potential in a Ghostly Market!Hello Crypto Explorers! 👋 The FXProfessor here, diving into the spectral world of FTM Fantom. Let's decode the mysteries of this intriguing altcoin and chart a path through its ethereal market presence! FTM Fantom's Current Pulse: 📈 Ghostly Gains: FTM is showing a spirited performance in the crypto realm. 🎯 Target Locked: Aiming for phantasmic heights in our trading journey. Support and Resistance Levels: 🛑 Steady Support: Monitoring critical levels that underpin FTM's stability. 🚀 Ascending Further: Breaking key barriers could propel FTM to otherworldly gains. Tactical Trading Steps: 🕵️‍♂️ Focus on the immediate targets, navigating each spectral wave with precision. ⚖️ Balance your moves with a deep understanding of the ghostly market dynamics. Long-Term Vision: 🌠 Potential for supernatural returns as FTM challenges its spectral boundaries. 📊 Watch closely as we trace its ascent towards our long-awaited targets. Strategic Approach: 🌟 Combine patience with keen market analysis to master the Fantom realm. 📝 Adapt to the ghostly fluctuations of the FTM market. FXProfessor's Perspective: 🌐 FTM Fantom is more than just numbers; it's a digital enigma in the vast crypto universe. 👀 Stay tuned for continuous insights as we journey through Fantom's enigmatic path. Trade with foresight, embrace the crypto mysteries, and let’s unravel the secrets of Fantom together! 💙 One Love, The FXProfessor 💙 Remember not to FOMO..Just follow the levels
Long
by FX_Professor
$FTM of Fantom Easily Reached To 1st TargetHi Friends After breaking through the 50WMA resistance, Fantom ecosystem's valuable cryptocurrency, UPCOM:FTM , easily reached the first target and reached above the $0.4 level. Currently, 100WMA at the level of $0.5 is still considered the main resistance of UPCOM:FTM before reaching the important level of $1. Therefore, if UPCOM:FTM can cross the 100WMA and register a weekly candle above the $0.5 level, the 3rd target and higher targets will be easily available before reaching $1. More than 30% net profit has been made since my last update. Don't forget to save profit, avoid greed and do your own research. "Like" & "Follow" if you want to see more of these ideas. BJWise, Goodluck
Long
by BJWiseReal
FTM/USDT Assessing Bullish Breakout Potential?👀 🚀Fantom💎 Paradisers, turn your attention to #FTMUSDT as it presents an intriguing trading scenario. Currently positioned in a demand zone and having recently executed a Break of Structure (BOS), FTM is showing a strong likelihood of breaking above resistance and initiating a significant bullish movement. 💎 Reflecting on #Fantom market behavior, it has been adhering to a descending trajectory. Presently, it is approaching a critical resistance level at .4428. If the price respects this level, we might witness a pullback to the BOS level. However, a successful breakout could lead to a vigorous bullish rally, aiming to overcome a higher resistance level at $.6599. 💎 However, it's crucial to stay grounded in the volatile crypto market. #FTM traders should be prepared for multiple outcomes. If it faces challenges in breaching the resistance zone and loses momentum, shifting focus to a recovery strategy from the support level of $.2855 becomes essential. 💎 A decline below this support level would necessitate a strategic shift. This development would call for a reevaluation of the bullish perspective and an adjustment of trading strategies to adapt to new market conditions. 🌴💰
BINANCE:FTMUSDLong
by MyCryptoParadise_Simon
1
Long-Term Analysis of Fantom (FTM) CoinIf FTM experiences a decline within the specified range of $0.2246 - $0.208 in the coin analysis, it may be considered for long-term investments. If it encounters strong buying reactions from the mentioned support range, the initial upward target is $0.357, with the next target being $0.414. Should FTM continue its downward movement, and if it drops to the $0.1856 level, a final addition can be made. However, if FTM closes weekly candles below the $0.17 level, it should be stopped. Not financial advice (NFA).
by wagmitraders
FTM → A High Profit Opportunity! This Analysis Breaks it Down.Fantom is marching forward in a bull channel, breaking previous resistance and setting its sights on $0.34. It looks like we have a clear shot to the next resistance level, but is it safe to long now? How do we trade this? The bulls have several data points on their side; a bull channel, breaking of previous resistance, successfully testing that resistance as support, but is that enough to enter a long? Not yet! What we need now is a bull confirmation candle on this second support test. The last hourly candle just closed above support a few minutes ago, we need to hold this price and close a strong bull candle to justify a long. If FTM delivers, set a protective stop below the "New Support" line and set a take profit at a 1:2 Risk/Reward ratio. The next resistance level on this timeframe is just below $0.35, so it's reasonable to take your profits before then. Also, keep an eye on Bitcoin as a leading market indicator, it's into new high territory for this bull run and we need to be vigilant about reversal candles appearing. If one does, be prepared to change your bias to short! Trade Idea Long Entry : $0.325 Stop Loss: $0.319 Take Profit: $0.340 Risk/Reward Ratio: 1:2 Key Takeaways 1. Bull Channel, Bias to Long! 2. Broke out of Previous Resistance, Now Testing Support. 3. RSI at 56.00 and below Moving Average, Bias to Short. 4. Wait for a Bull Confirmation Candle Above Support. 5. Long 1:2 Risk/Reward, Stop Loss below New Support. You are solely responsible for your trades, trade at your own risk! If you found this analysis helpful, click the Boost button and let us know what you think in the comment section below!
Long
by TraderEngineering
6
Fantom Gas Fees Are Surging, What’s Driving The Traffic? Key Takeaway 1. Fantom reached 2.945 million transactions, bringing gas fees to unprecedented highs.  2. Fantom recently introduced the gas-heavy FRC-20 Protocol. 3. Gwei values soar, yet actual costs remain low. Fantom’s Gas Fees Rise After FRC-20 Protocol Goes Live On Thursday, November 22, Fantom’s blockchain witnessed a record-breaking number of transactions, reaching approximately 2.945 million. As a result, gas fees on the network surged to 11,000 gwei, far above the normal amount.  This surge in activity coincides with the introduction of the Fantom Inscription FRC-20 protocol, similar to Bitcoin ordinals. The FRC-20 protocol has sparked significant interest in crypto, offering new possibilities for token inscription and NFT creation. Despite the high gwei values, the actual gas fee cost on Fantom remains relatively low. This is considering that 1 Gwei equals 0.000000001 Fantom and that the current Fantom price is around $0.30. Therefore, the current gas fees on the Fantom blockchain, ranging from 11,000 to 12,000 Gwei, translate to approximately $0.0033 to $0.0036.  Inscription Protocols Drive Gas Costs on Major Chains Similarly to Fantom, inscription protocols are driving up volumes, along with gas fees on other major chains. For instance, Avalanche C-Chain has also seen a major surge in activity. On Thursday, driven by its Inscription ASC-20 protocol, the network surpassed 6.3 million transactions.  Avalanche’s scalable architecture has so far managed to accommodate this spike without a substantial increase in gas fees. In contrast, the Bitcoin network experienced a noticeable surge in gas fees earlier in November, attributed to a spike in ordinal inscriptions.  Ordinals are a relatively new concept within cryptocurrency, primarily associated with the Bitcoin network. They represent a method of inscribing unique data, such as images or texts, directly onto individual satoshis, the smallest units of a Bitcoin.  On Brighter side 1. While Fantom maintains low gas fees despite high Gwei, such an equilibrium might be challenging to sustain as the network grows.  2. While offering potential utility, ordinals face criticism over staggering gas costs and the potential to cause network congestion.  Why This Matters The emergence of inscription protocols is shaping the future of blockchain development. As these features become more prevalent, they are likely to influence how new blockchains are designed and how existing ones evolve.
Long
by DEXWireNews
FTM to $0.40? This Trade Separates the Novice From The Pro!FTM has fallen out of the bull channel and is pushing aggressively toward the downside. One might think, "We're going back to $0.20!". Not so fast! The 200EMA acted as strong support on November 9th and it has a good possibility of repeating history. How do we trade this? We may have fallen out of the bull channel but we're still seeing higher highs and higher lows, so we should remain bullish. Before entering into long, wait for a bull signal and confirmation bar as evidence that we're still going up. A bull signal bar will have a long tail and close near its high, a confirmation bar will follow the signal bar, be of a size similar to the signal bar, and close on or near its high. The RSI is also below 30, which is a weak indicator on its own, but supports the other data points in this analysis. Bitcoin also acts as a leading indicator and as shown in my BTC 4HTR analysis, may fall to its 200EMA at $35,000 and hold FTMs price down. This is why we need to wait for confirmation before entering the long. Key Points 1. Fell out of the Bull Channel. 2. Current Price at 200EMA Support. 3. Wait for a bull signal and confirmation bar. 4. RSI Below 30. Reversal to the upside is probable. 5. Use Caution, Bitcoin could fall further. You are solely responsible for your trades, trade at your own risk! Let us know what you think in the comment section below!
Long
by TraderEngineering
FTM/USDT In the Crucial Area. Break and Bullish or Rejected ???💎 FTM's recent market activity has undeniably garnered attention. The coin's trajectory showcases a breakout from the Descending Channel, further emphasized by its significant volume and upward momentum. 💎 Interestingly, FTM didn't undergo the typical retesting phase on the resistance trendline post-breakout. Instead, it surged forward, breaking and closing above the resistance level at $0.2195. This resistance has now transformed into a support zone for FTM. Observations indicate that probability FTM has been consistently bouncing off this newfound support, aiming for the next pivotal point: the supply area. 💎 This supply area is a critical juncture for FTM. For the coin to continue its bullish trajectory and reach the subsequent supply zone, it needs to break and sustain above this area. However, the crypto market's inherent volatility means there's always a chance for a reversal. If FTM faces rejection at the current supply zone, it might retreat to its support at $0.2195 to gather momentum for another upward push. 💎 A failure to bounce off this support could see FTM descending towards the demand zone. This demand area is FTM's last bastion for bullish hopes. A breach here could trigger a bearish trend, potentially pushing FTM towards its key support zone. 💎 In a pessimistic scenario, if FTM revisits the demand zone and fails to uphold its position, it could mirror the trajectory of FTM, as mentioned. This would mean a potential downward spiral for FTM, with the coin possibly gravitating towards a strong support area, emphasizing the delicate balance between bullish optimism and bearish caution in the crypto landscape.
by MyCryptoParadise_Nathan
3
The Dollar Shop💵: ADA, FTM, CTXCHi Traders, Investors and Speculators of Charts📈📉 I'll be making a series on altcoins that are trading well under 1 dollar. These coins make for great additions to a diversified portfolio AND with such a cheap price, why not get a few. You never know which one will 100x 🤑 Incase you missed the previous one, find it here : NOTE that these are accumulation ideas ideally. You can definitely swing trade once they have doubled, but keep a few around for incase one of them x10 or x100. _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
COINBASE:ADAUSDLong
by CryptoCheck-
64