Yes fantom is about to explode. As many other coins fantom has created a nice structure. Now it is only waiting for volume to increase and we can see Fantom crush some levels above.
FTM just pumped a major god candle during bullish times. With the impending sonic main net FTM is finally getting the attention it deserves for being such a solid chain. If you have not tried it I highly recommend it. Chart wise the momentum trend like is retaken, there is very little price action until 1.11$ with multiple weeks of history. With this insane btc...
For the sake of continuity, publishing the FTM chart for this cycle.
In my eyes, if we get the supercycle everyone is calling and we don't get $5 FTM this time around, it'll have under-performed.
This is one of my favorite cryptos to chart, for reference:
Previous accumulation idea:
Last cycle's pre-breakout idea:
FTM 3day chart looks bullish. Already had decent move up recently.
.55 level would be the level to break, then consolidation and then run to the upside.
The first target being 1.00 maybe little higher
Thanks for your time!
Not financial advice, just my 2cents
FTM 1day is showing strength returning to the Defi Gods layer 1 Fantom Sonic is on the table ready for launch over the next few weeks and price is reflecting renewed interest in this under-the-radar gem We see a double-bottom between Nov 2023 and 2024 with price rebounding from the bottom back to the 0.56 area before traders taking profits retraced price down to...
Hello
I selected this topic because there some rules in Elliott that completely is uniq.
I do not discuss for this coin situation and analysis because all of you have your
valuable analysis for this coin but I just want to ask you a simple question :
This correction (as wave (II)) is finished and you think this pattern is enough for
a major rally.
Thanks
FTM has broken the channel I had been charting to the upside. I expect this trend to continue with likely 3 Green candle bodies ( 3 white soldiers). This would print a continuation pattern then hopefully over the next few weeks a return to the teal momentum trend line. A likely retake around 55-60 cents in the future.
FTM broke out of the descending channel to this horizontal I have marked. In order for me to get bullish short-term a retake of the real line is needed. The stochastic RSI has been expanding to the upside which is bullish. A possible third wave to the upside could occur.
My short-term target is 42 cents, if we bounce from there we could get back to momentum trend.
Hi friends
As I mentioned before I never trade cryptocurrencies in small timeframes and I prefer to spend 10 - 20 percent of my CFD profits to invest in crypto but there is a very important point in this strategy. You should not invest your money in a market that is not in a bullish major trend and now this is real for Crypto Market so wait till this market...
FTM looks to have rebounded pretty nicely here breaking out of the downward channel. The token has a lot of work to do to climb back to the previous trend. Unfortunately this is one of the weaker charts I have been tracking despite me being a long-term investor in FTM.
FMT looks like it want to break up from this expanding triangle and head for $7 - all going well and there are no flash dips.
Worst case scenario I see a dip to $1.
What're your thoughts? Like and let me know in the comments below.
The Fantom price has managed to slow down its decline a little. Our primary expectation is that it should recover soon and continue its rise. After all, the magenta-colored wave (3) the coin is currently working on should continue well above the $0.65 resistance level. Only the 35% probable alternative would see a different course. It considers the upward swing...
