Hello Traders! This analysis for FTM was done at the request of one of our members. I was actually quite Bullish on this crypto last year long before the leader left and chaos ensued. So where is price headed? - To be brutally honest... This is one of the worst charts that I've seen in a while. I can't find a single Bullish indicator anywhere on the chart. I...
Posting to see if there are any other perspectives from what I am seeing. Basically 5:1 descending channel.
Looking at the Volume Profile FTM at .19 looks good to me
After falling 16% FTM jabbed at the support level, where the level below was sharply redeemed. Volatility began to decline. I expect that with further decrease in volatility and price fixation above the support level we can correct to resistance levels.
FTM is supported by the RED trend line and is trading in a parallel channel. Once the channel has confirmed exit. Profit Target is at the MA 200/50% retrace at $2. Good Luck
Fundamental Analysis: 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...
FTM is trading within these descending parallel channel. Monitor for YELLOW trend breakout. FTM nearly reset the entire hype phase returning to it's lowest levels. Now FTM can recover and deliver on the programs fundamentals. Once $1 clears, this will be explosive. Good Luck
Phantom is completing wave A and wants to create wave B in the range of 80-90 cents
FTM It is abc right now is C.. IT IS NOT FINISH WE WILL SEE LAST YEAR OF 2022
I think This is correct for 4H chart Good for long term It is in wave C It does'nt finish wave 4 of 3 of C of 2
4H chart ew fantom I think FTM is very good for long term It is new born coin It will grow up as I see
Hello I see Fantom running in wave 2 What is your counting What do you think about it
Crypto is struggling to break through key areas to flip the sentiment to bullish. I follow what I can see on the charts and not the noise (hype) on platforms such as twitter and YouTube. (seeing is believing) Bearish conditions means bearish confluences and we saw this on FTM a couple of days ago, we had break of support and retest on the 25/04/2022 Bearish...
FTM looks horrible. But i will buy as much as i can between 0.7-0.8
One major similarity between poker and trading is that they both involve incomplete information. A poker player may have a strong hand, but he or she is still not 100% sure of what cards other opponents hold. The same thing applies to an investor/trader who may predict a good return but may not be 100% of it. So, decisions in poker and trading are often based on...
in this chart we can see a strong support zone and in this area, a long position could be profitable. entry point: green box as shown on chart Stop loss : 18 % belo the EP. Take Pforfit : ~100 %
idk seems like its about to lose half of its value, who woulda thought lol