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Fantombitcoin

FTM APPROACHING RESISTANCE LEVELS Here is what I see that might be happening with fantom: 1) We are below the 200 ema, the ema ribbon, and the ichimoku cloud on the daily timeframe. Not a great sign, BUT we have managed to test the ema ribbon quite frequently during this downtrend, so we could very well break above it soon as the more often support/resistance is tested the more likely we are to break it. 2) If we do break the EMA ribbon to the upside we will again be testing the up trending zone of resistance we recently rejected from (red box). This has been used as strong support in the past and has already been used once as relatively strong resistance. 3) We have a relatively large red ichimoku cloud above us which isnt great, but for the past year or so we have been in relatively sideways price action, where the ichimoku cloud isn't as powerful. 4) If we do manage to get rejected from the ema ribbon, especially since volatility looks relatively weak right now, we could move to the bottom of the green box. This green box has acted as strong support/resistance in the past, so I would expect to find at least a bounce from the bottom of the box. 5) As of now, I am relatively bullish on this on the short term, especially if bitcoin keeps rising. FTM really needs to break the resistance ahead of it though or else it could send us lower. 6) This is not financial advice and always do your own research before entering the market.
FLong
by MarketM8ker
FTM #FTM FANTOM 4HR DiscussionNotes in the chart about Fantom. I personally feel a drop is coming. Conference is coming up and price is reflecting the momentum it seems. Bearish divergence and parabolic curve in process. This upside is not sustainable. It needs to cool down. I noted two price points which take into account support areas as well as VPVR. HIT THE LIKE AND COMMENT BELOW PLEASE. THANK YOU! CHART ON TRADINGVIEW USING MY AFFILIATE LINK: www.tradingview.com (thank you in advance!) 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. #cryptopickk #fantom #altcoins
GEMINI:FTMUSDShort
by MillionaireEconomics
2
FTM ANALYSIS (BOTTOM IS JUST ABOUT IN!)FTM ANALYSIS: FTM is bottoming out inside a wedge. Expecting a push off the zone of 80-95 sats. This is perfect entry point for those who are looking to enter. Main targets are T1 at 110 sats, followed by T2 at 122 sats. Last target is 140 sats back near accumulation zone, which is a new temporary resistance. FTM has plenty of room for growth, and breaching under 100 sats is go time. Small RSI bull divergence look to capitalize on. Remember to set exit points accordingly. Possible Entries: 85-95 sats.
FLong
by altchicasignals
1