FANTOM, OH FANTOM!
Weekend was fantastic , we came lower early this week but: SUPPORT AT 40 CENTS SEEMS STRONG!
We are Long, stop losses at 38 cents and why not: let it be weekend again. A long one starting right now!
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Today I want to talk with you about FANTOM the chart.
Price came down to the support level.
FANTOM is a LONG position and we expect that level to hold.
over the last few weeks we have seen a crypto by the name of LUNA collapse, why? here's why and why fantom could follow LUNA
Luna first started crashing when its algorithmic stable coin UST lost its peg to the US dollar. how did it lose its peg? here's why: there was massive withdrawals from Anchor ( a terra based decentralized protocol that...
What happened once may never happen again. But what happened twice will certainly happen a third time.
— Paulo Coelho
Good time to accumulate this coin. She might shoot next week.
In addition, the volume of trading increased sharply.
Of course, this is mainly sales volume, but the stronger the bowstring is pulled, the higher the arrow will fly.
FANTOM had to follow the market and the crash was as depressing as it gets. Then again good we had been short on other assets but Fantom was never in that category of ours.
Technically it is giving signs, promising ones, that it should rise to 0.50 or higher.
then again, the market is so unpredictable and we depend on what happens the US markets open in 1...
FTM it's dead i am short it first target on the 1h and 15 min time fame here 0.3097
on weekly we going to 0.2 wil upadte that later soon
ftm wil drop to the 0.3097 and i think it could do like luna from this level to drop fast
good luck all
ftm bearish divergance got reject 4h time fram btc going down usdt going up
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...
FTMUSDT price getting resistance from EMA 21 trading into a Symmetrical Triangle and holding the Higher Low. So we are expecting that if bulls get sentimental support from the market Fantom can print a good upside rally. Keep following the price action.
FANTOM, oh Fantom...
NEVER GIVE UP - NEVER SURRENDER - Let's go higher.
Love Hurts and so does crypto but come on now: FANTOM below 30 cents looks like bargain to me.
PLEASE - Higher...Now
this is a short video of our analysis and charts.
Given the circumstances, Bitcoin is rejected at 30,000 and does not seem ready to break higher:
Ethereum looks even worse:
whereas FTM is the chart we find more Bullish and promising at this very moment:
Keep in touch and keep your eyes and minds open for what is coming soon... it is...
Fantastic weekend run for FTM and still a lot higher from the 32 cents on Friday.
FANTOM is a LONG position at 0.40 and we expect that level to hold.
51 cents of the dollar will be the first major resistance.
#FTM #FANTOM top structure fits the Wyckoff distribution schematic and we are looking for this relief rally shorting. entrance.
To find the entry at the time, we need to keep an eye on a few charts.
a) BTC b) DXY c) SP500 & NASDAQ
For now, I see confluence for a strong resistance with the daily 200 EMA and the 618 fib level.
PS. FTM team looking to...
FTM entering accumulation zone. Time to start stacking up!
1. Respectable descending channel - looking to create a final LL
2. Major key support from last summer
3. Based on historic records, altcoins have a tendency to reach maximum drawdowns from ATH's at 90-97% thresholds. We have entered that territory.