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Fantom

FANTOM - Time to Rise (finally..?) 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 hour. Regardless, this is a LONG idea and for very good reasons. one Love, the FXPROFESSOR
Long
by FX_Professor
2
$FTM/USDT 90m (#BinanceFutures)Falling broadening wedge breakoutFantom is pulling back to 50MA support and looks good for a bounce then a short-term recovery! Current Price= 0.7531 Buy Entry= 0.7432 - 0.7050 Take Profit= 0.8346 | 0.9233 | 1.0164 Stop Loss= 0.6354 Risk/Reward= 1:1.25 | 1:2.25 | 1:3.3 Expected Profit= +15.26% | +27.51% | +40.37% Possible Loss= -12.25% Fib. Retracement= 0.559 | 0.786 | 1 Margin Leverage= 1x Estimated Gain-time= 1 week Tags: #FTM #FTMUSDT #Scaling #PoS #Staking #DAG #SC #EVM #Enterprise #DApp #DeFi #BSC #BC #SolEco Website: fantom.foundation Contracts: #Mainnet #ERC20 0x4e15361fd6b4bb609fa63c81a2be19d873717870 #BEP20 0xad29abb318791d579433d831ed122afeaf29dcfe #BEP2 FTM-A64 #SPL 8gC27rQF4NEDYfyf5aS8ZmQJUum5gufowKGYRRba4ENN #CELO 0x218c3c3d49d0e7b37aff0d8bb079de36ae61a4c0
Long
by TradingOn
Fantom/USDT quick analysis Quick analysis regarding fantom. In my opinion there will be a small bounce back in 1-2weeks, RSI oversold. Small correction is probable, (not over 0.53 price, resistance is strong there). After that we might see price go sideways for next couple months. (0.25-0.42 price range, there is really strong support in 0.25-0.26). I would keep an eye on BTC, if it hits new bottom of the year, we can get fantom cheaply (0.16-0.25 range). Which of course im hoping for, but because there is so strong support at 0.25-0.26 price range, it will be very hard to hit bottom below that. Maybe there should be short term limit sell orders close to 0.285 as it is very probable, price will go below that, because there is no support on that range, next support seems to be 0.25-0.27 range. This enables to buy cheap, about 0.25 would be ideal, if there is fast correction and not big trend going down. If that happens, i would wait a bit, and watch if we can even go below 0.25, if so prices might be at 0.16 on lowest (very good price in my opinion:) In short period of time, we might see a dip, not that much action, compared to couple previous days. Good luck with your trades!
by SuomiJamppa
FANTOM - Step By Step We Rise AgainFANTOM has risen a good 21% today and given that the number was almost 30% a few candles earlier this could be time for it to rise again. Nasdaq is rising nicely on support, Crypto is recovering and weekend is coming. We expect the rise to continue 🦉💹 We are Long on Fantom and our expectations remain high. The market has taken a beating but the Great projects will prevail and FANTOM is in this category. Our Bitcoin chart: One Love, the FXPROFESSOR
Long
by FX_Professor
5
FTM - Levels to watch.Fantom is still rekt, down over 60% from the sell signal and down 77% from its highs back in October 2021, there is still a lot of room for this to fall. The way the chart is now I wouldn't really start paying attention until around $0.95 cents. I would neither buy or sell here, just add an alert and stick it in your watch list. If following the DCA signal the average position here would be around $1.65 with between 5% and 10% allocation. Risk here is currently very low so there could be a chance to move that average down a bit further but personally I would wait for further confirmation of a trend change.
by Cryptodontrading