It is very likely that the FTMUSDT price is completing its corrective consolidation in the white liquidity zone.
And it looks like FTM holders may be in for a +100% price increase.
The first target for Fantom token growth is $0.80
The second target is $1.75, but this is a long process
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To see such a bearish scenario, we should expect bitcoin to go down to at least 19K. and that might lead to a drop in all altcoins.
but make sure that you don't open short positions with high volume or high leverage. its a high risk/high reward trade.
📊 $FTM UPDATE 📊
Currency Pair: $FTM/USDT ✅
Direction: Long Term
Position Size: 10%
Risk: Medium
Expected Price: 0.8899 to 1.0894
Breakeven Point: 0.6556
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...
FANTOM is one of the famous projects with high volume of exchanges in the cryptocurrency market.
With the improvement of our network, we will soon see its emotional rise and we will see the range of $ 5.
BINANCE:FTMUSDT
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...
- FTM is one one of the big winner in this bullrun, the price seems low in price, but i checked many indicators and noticed that FANTOM was bullish 80% of the time.
What is the Fantom ecosystem?
The Fantom Foundation is building a highly scalable blockchain ecosystem that facilitates decentralized, scalable, and secure technologies. Fantom is a fast, scalable,...
Heres a potential scenario for fantom,
I've been scratching my head at this since it started dropping a couple days ago.
This seems to be the most accurate count I've found yet. Im almost certain we are in an overall C wave of the correction from the previous ATH.
Let me know what you think.
FTM Fantom bounced from the strong support and it looks to aim higher.
But what is FTM?
Fantom is a fast, high-throughput open-source smart contract platform for digital assets and dApps.
Fantom’s aBFT consensus protocol delivers unparalleled speed, security, and reliability.
Enjoy almost instant transactions and extremely low fees.
Looking forward to read...
In my last FTM analysis i showed how ftm could have seen it's top and was due for a correction and it played out (even tho i wish it didn't) as a ABC correction wave.
In todays analysis I will be showing possible future moves for FTM.
While The ABC correction in the last analysis we did (linked below/Chart beneath this statement) was correct, it seems that was...
Fantom formed a rising wedge. This is usually a bearish pattern. At the moment I am posting this idea FTM is testing the ressince line. We could break also on the upside. If Fantom succesfully breakout I will consider entering in Fantom.
