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...
Notes in the chart about Fantom. I personally feel a drop is coming. Conference is coming up and price is reflecting the momentum it seems. Bearish divergence and parabolic curve in process. This upside is not sustainable. It needs to cool down. I noted two price points which take into account support areas as well as VPVR.
HIT THE LIKE AND COMMENT BELOW PLEASE....
We see support at 2,85 now (our third target that was reached) and is now support to probably be checked and next level to take more profit at 4$
Previously:
we had called Fantom a 'Good way to buy the dip'
Called the correction perfectly here
and gave a new entry here
If only every chart could be SO good to us like Fantom...
Let's go higher now...
hi frends
how are you
Please save at least 50% of your capital within $ 2
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The price is likely to fall to $ 1,600
And you can save up to $ 2, even the total capital
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support 1 : 1.600
support2: 1.100
support3 : 1
like please
Trading Signal:
There is a Trading Signal to Buy in FTMUSD
Traders can open their Buy Trades NOW
FTMUSDT Fantom
⬆️Buy on 0.358 or buy on downtrend breakout
⭕️SL @ 0.22
🔵TP1 @ 0.60
🔵TP2 @ 0.80
🔵TP3 @ 1.15
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FTM looks still strong and its target should be about 180-200sts in this bullrun
It is still accumulating for higher target and it may make correction to these 2 zones : 110-115sts and 90-95sts
Be careful if it drops below 90sts because it may drop sharply to 70-75sts or even 35-40sts
FTM is still strong and the selling pressure is not too harmful to it.
I expect it will hit 70sts in near days and will hit 90sts in this June. It has a super strong support zone at 50sts and you will not want to see it broken
FTM ANALYSIS:
FTM is bottoming out inside a wedge. Expecting a push off the zone of 80-95 sats. This is perfect entry point for those who are looking to enter. Main targets are T1 at 110 sats, followed by T2 at 122 sats. Last target is 140 sats back near accumulation zone, which is a new temporary resistance. FTM has plenty of room for growth, and breaching under...
Priceline of Fantom / Bitcoin cryptocurrency is forming bullish Shark pattern and soon it will be entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000140 to 0.00000137
Sell between: 0.00000143 to...
Seems that $FTM is hanging in clients terms of mainet release !
Will not be surprised if Fantom will delay again the release of the first mainets.
Just hang on and enjoy the future gains !
Looking at the chart here for FTM, I have just opened a position for 1% of my total portfolio in this coin, the target will be announced in my telegram channel with the signal details. Feel free to leave any comments below.
Idea is Very clear with 4 hour closing
possibilities that we can touch 100 ema and try to settle above but no one here to give money
so people trying to hold this level just because we are just retraced from breakout or above the Trend line
after closing of 4 hour candle direction is very much clear
As you can see we are moving into descending triangle. In the past AB=CD worked nice let's see how it will works now. Idea will be invalidated if we break up and stay above descending trendline.
![FTMBTC: Fantom [FTM/BTC] on July 11 (#FTM #FTMBTC)](https://s3.tradingview.com/4/4c7uZsy6_mid.png "Fantom [FTM/BTC] on July 11 (#FTM #FTMBTC)")
