As you can see from the chart, the price of Fantom is currently trading within a descending trendline at $0.44 cents. If the price breaks and consolidates above the important $0.47 level, we can expect further growth and an upward trend to the $0.66 supply zone and the $1 price range. The important support zone in the long term is $0.38/$0.34 cents.
Please share...
📊Analysis by AhmadArz:
🔍Entry: 0.9312
🛑Stop Loss: 0.9881
🎯Take Profit: 0.8719-0.8131
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What is Fantom (FTM)?
Fantom (FTM) is a high-performance blockchain platform designed to address the scalability limitations faced by the Ethereum network. It utilizes an innovative consensus mechanism called Lachesis, which achieves faster transaction speeds and lower fees than Proof-of-Work (PoW) blockchains. FTM serves as the native token of the Fantom...
Hey guys!
Kina here, well FTM coin has been on a range for a very long time and still is stuck in a box. But as it bounced off from support I believe is going to re-test the resistance of this range which is at about 0.65 zone. So we could set potential targets in that area.
Now, as we can see FTM pierced through the cloud, re-tested it and then bounced off from...
Fantom is a distributed ledger technology stack. At its foundation, it is a DAG-based distributed ledger incorporating new methods of scalability, combined with a high-performance virtual machine and safe, secure smart contract execution.
Close above trendline would activate this trade.
GL
You can see the start of a bullish trend using the daily fibo retracement ! Need to be monitored and confirmed by a daily closing out of the red area. You can try a symetrical projection until 1.5 usd which which is clearly reasonnable until the first expected correction until the second barrel ! Be carreful and limit your exposure to leverage.
It's not a...
Over the past few days, UPCOM:FTM has experienced a remarkable surge, defying the consolidation gripping the broader crypto landscape. With its price jumping to $1.0 and beyond, Fantom has captivated the attention of both seasoned traders and newcomers alike.
The Rally Unveiled:
Since the advent of March, Fantom ( UPCOM:FTM ) has embarked on a staggering rally,...
Hey traders hope you are enjoying our analysis. Now we are here again with a new trading opportunity. We will discuss today about FTM
FTM Finally Hits Our Target +60% Profit Done ✅ 💰💵
FTM / USDT
FTM is just printed new bullish pattern on HTF
Breaking-out this pattern will result in strong bullish wave
Keep an eye on it
Note :
this coin above our 2nd entry by 37%
And from 1st entry by 105%
Yet still looks very bullish in HTF
Best of wishes
Trading Setup:
There is a Trading Signal to Buy in FTMUSDT Fantom (4h) (Futures)
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 0.728
⭕️SL @ 0.657
🔵TP1 @ 0.961
🔵TP2 @ 1.100
🔵TP3 @ 1.260
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning...
We are aware of this currency.
He wants to break the strong red resistance line up.
With a solid break of this line we will see the next good growth .
So we carefully monitor its movements during these hours.
wait & watch it.
my entry on this trade idea is taken from a point of interest BELOW an inducement.. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as i anticipate.. just a trade idea, not financial advise
💎 Paradisers, turn your attention to #FTMUSDT, as it shows signs of a bullish resurgence from a significant support level.
💎 In the dynamic world of cryptocurrencies, #Fantom has experienced fluctuations but is now poised at a crucial support zone of $0.4165. If #FTM can firmly establish itself above this threshold, we may see a vigorous rally towards the...
With BTC is in price discovery, FTM looks to be taking the opportunity to continue following the uptrend as price action remains above the Ichimoku cloud. Profit-taking has lowered the price but the outlook is still bullish according. Stochastic RSI shows a downtrend to *possible* buying opportunity but will most likely continue sideways as BTC also moves...
