After deeply analyzing FTM's market behavior I came across a notable similarity from its previous consolidation. Fib. levels from the current consolidation are almost identically crossed, resisted, and supported by the previous consolidation's fib levels. Hence, I decided to retrace the market movements from both consolidations which both represent their actual...
The previous wedge broke out upwards then fell from resistance of 0.545. I was probably wrong with the timing of that wedge but directly after I saw huge support on a second wedge. The wedge above looks much better and is more loosen than the previous one. Previous wedge: $FTM NEWS: - Fantom is going to be the first cryptocurrency to present its blockchain...
This is just a possible outcome of the wedge breakout based on past behavior. The 3.6 trend fib at $3.1 for the new ATH might be exaggerated, however, my the past two wedge breakouts price hypothesis all reached the 3.6 trend fib before correcting. Possible representation of $FTM for the next few weeks.
Looking like some possible moves for FTM as the wedge broke out a few hours ago. Large volumes are coming in. If BTC picks up again we could see a good gains. MACD looking incredibly good! Net volume is consolidating. When VFI is below median range it is a good sign that it is cheap.
I have set up a bot which notifies me when large purchases are made at once (1s-5m range). The recent Fantom low has attracted a lot of unusual "buying" activities. As seen on the chart, we can visualize multiple green volumes that are high above the average in the green rectangle. I strongly believe that the price of Fantom has been affected by Bitcoin's...
This is a possible prediction which makes sense since $FTM has become a "pumping" alt. If BTC can reach the 46,000-48,000 level it could soon pump to 0.26 cent. If it falls within the 0.12 by the 15th it will be difficult to recognize the pattern. The bigger the pump, the closer the triangle and I believe (not entirely sure, obviously it's crypto) that big pumps...
Some would say the past weeks were crazy but honestly this was a well waited correction we have long waited for. On this not, I have closely examined BTC Dominance as it kept bouncing up and reverse creating a condense pattern towards the (green line) resistance. Lots of tests and failures have occurred proving that Bitcoin might be at its peak in term of market...
$FTM has consolidated within the 0.116 range. Possible breakout in the next hours/days, and if strong enough, could easily breakout the all time high resistance of 0.26286 On another note: $FTM has clearly been pumping by investors. The $FTM community has been consolidating and the 200 largest holders of $FTM (etherscan.com) have increased their position. $FTM...
$FTM has consolidated within the 0.116 range. Possible breakout in the next hours/days, and if strong enough, could easily breakout the all time high resistance of 0.26286 On another note: $FTM has clearly been pumping by investors. The $FTM community has been consolidating and the 200 largest holders of $FTM (etherscan.com) have increased their position. $FTM...
Uprising support and the recent bullish engulfing candle showed early break out signal of the resistance. Promising purchase for long as price target my reach 0.00000090 - 0.00000120
As the price broke its support and a higher average volume is present might be a sign for an increase. NOTES: As BTC still holds dominance this action may take longer to reach the resistance level
The support level definitely affects the the currency. It is at the final stage of the falling wedge, meaning it will soon breakout. INFO FTM: - Investors will purchase the currency for actual usage (safety transactions,...). - The support level is holding the right now, meaning its a good time for huge increase. - CEO of FTM is very visible in his action through...
The current strong resistance level allows a probability for a falling wedge to soon breakout. My buy price is set between 0.025-0.027. I have been able to double my FTM amount by playing with the strong resistance level followed by its strong falling wedge. I believe that it will soon finally reach a new level 0.6? (SOON)
Rounding bottom is clearly seen followed by the recent break from the trending line. This could potentially mean that there is a continuous bullish relationship (price will go high). I strongly support buying long for the next weeks or eventually until first quarter 2021 as FTM will gain much more demand with its financial and governmental use. I target the...