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Fantom

After this breakout Fantom (FTM) can se a new ATHBreaking out the channel: On a daily time frame, the priceline of FTM has again reached the resistance of the channel to break it out soon. RSI broke out resistance: On a daily time frame, the relative strength index (RSI) oscillator has broken out a long-term resistance line, therefore, now there is a high probability for a big move. Bullish divergence: On a daily time frame there is also a bullish divergence flashed which is also indicting to a massive move soon. MAs and Stochastic: On weekly time frame, Fantom is bounced from the 25 SMA and also breaking out EMA 21 as well. Now the EMA 21 can work as long-term support for the priceline. The stochastic has given buying signal from the oversold zone. Therefore this time the priceline can set a new all-time high. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Long
by moon333
BITCOIN Daily TA : 12.23.21As we can see, yesterday the price started to correct in response to the 20-day Exponential Moving Average (EMA20) and rebounded (Pullback) to the broken downtrend . If today the price can maintain the level of $ 48,000 Support and break its EMA20 in the coming days , We can expect the price growth until the first important target (Resistance) , 53K . Follow our other analysis & Feel free to ask any questions you have, we are here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 23.DEC.2021 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
COINBASE:BTCUSDLong
by ArmanShabanTrading
2
FANTOM- 1,98$ and HigherFantom is one of the few DeFi chains that has managed to amass a variety of protocols on its network . Presently Fantom has more protocols running on it than Solana, Terra and Tron combined. However, the issue is deeper than the number of protocols. Fantom on Binance Fantom’s listing on Binance U.S. on 17 December was a huge advancement for the network, which hasn’t been in the best place recently. Deposits on the exchange are now open and this is another addition to the ever-expanding adoption of Fantom. In fact, just recently OKEx had added Fantom to its staking service. But even then the lack of participation continues to be a problem for the DeFi chain. As it is, in less than two weeks the network has lost over 60% of all its active addresses. Consequently, the number of transactions on the chain dropped by 57% to 1.9k. The same at one point used to be at 4.5k. The daily chart shows the Fantom price is consolidating above the 200-Day Moving Average (DMA) at $1.207. Notably, the Moving Average Convergence Divergence (MACD) indicator signals growing bullish momentum. Furthermore, FTM has crossed the mid-point of the Bollinger Bands at $1.500 (20-Day Moving Average) and should therefore extend towards the top of the BB channel at $1.800. However, the 100-DMA at $1.985 and the 50-Day at $2.043 provide robust confluent resistance above the market. For that reason, FTM’s gains may be limited unless the broader market embarks on a sustained bull run into year-end. On the other hand, if BTC fails to hurdle $50k convincingly, altcoin gains may be fleeting. In that event, the 200-DMA comes back into focus. Our chart says 1,98 and if breached then much higher. One Love, the FXPROFESSOR
Long
by FX_Professor
8
FTM Fantom: Channel Inside A WedgeHello friends, today you can review the technical analysis idea on a 4H linear scale chart for Fantom (FTMUSD), a cryptocurrency. The chart is self-explanatory. The Fantom price is inside a small Channel Pattern which is inside a Descending Broadening Wedge Pattern. Based on the indicators, price has the potential for upside, however the Ichimoku Cloud shows heavy resistance ahead. If Volume comes in and price breaks outside of the Cloud, it may be possible to see a nice move upside. Otherwise, price has potential to break below the local S/R line and fall much lower. Additionally Shown: Ichimoku Clouds, RSI (Relative Strength Index), Stochastic RSI (Stoch RSI), MACD, MFI (Money Flow Index), Fear and Greed Indicator, Support and Resistance Trendline, and Volume. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. As the year is coming to an end and holidays are almost here. I want to wish my friends Happy Holidays and ready for an exciting 2022! What are your thoughts for the coming year? Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
by MillionaireEconomics
16
FTMUSDT updateFantom As I mentioned only after breakout major resistance price is bullish again! All depends on BTC Btc depends on; 1) Evergrande payment which is last day tomorrow 13th December 2) US senate meeting:Hearings to examine stablecoins, focusing on how they work, how they are used, and their risks.14th December 3) FOMC Press Conference 15th December Reminder:) We are not in bear market because BTC persentage on exchange - Decreasing! As long as this percentage decreasing we are in bull market!
by Madinakh