Oh my god, I just got scammed yesterday, dealing with the scammer GD Nhanh, I sent him money and after he received it, he asked me to add him on Zalo and send him my ID card and driver's license, I refused and he wouldn't unlock my account, I filed a complaint with Binance.
$FTM has experienced a substantial decline of 11.74% in the past 24 hours, with a trading range between 0.9661 and 1.1808. Currently, prices hover near the lower Bollinger Band at 0.9583, suggesting potential oversold conditions. Key support at 0.9661 could stabilize the price, while resistance at 1.3634 poses a challenge for upward movement. Traders may find opportunities by considering buy orders near support and monitoring for a potential rebound, while keeping an eye on broader market trends.
10$ what month and year is it now? When it's down, it's like crazy; when it's up, it's all over the place 😂
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Fantom Chart Hints At $10 Surge As Breakout Pattern Emerges
Fantom's support level around $0.20 has stayed strong for over 884 days during its current price pattern.
Livermore’s Accumulation Cylinder signals a major move as Fantom eyes a potential breakout above the $1.19 price range.
Analyst Alex Clay predicts Fantom could reach $10 as market momentum builds following years of steady accumulation.
Fantom (FTM) shows a strong bullish setup that could push its price to double digits, according to analyst Alex Clay. The chart shows a Livermore Accumulation Cylinder pattern, which has been forming for 884 days, indicating price movement is likely.
Source: Alex Clay
The Livermore Accumulation Cylinder Explained
The Livermore Accumulation Cylinder is a pattern where prices consolidate for an extended period before a major breakout occurs. Fantom’s chart has been developing this pattern over 29 monthly bars, which equates to more than two years. Historical data shows that such patterns often lead to sharp price increases when the market moves out of the consolidation zone.
The chart also shows that the support level near $0.15 to $0.20 has been tested several times but has not been broken. The declining trading volume during this accumulation phase suggests that large investors are holding positions, reducing supply in the market and preparing for a potential price surge.
Alex Clay believes the chart supports a price target above $10, significantly higher than the current price of $1.19. He suggests that if the market respects this pattern, Fantom could achieve these levels soon.
Technical Indicators and Market Sentiment
The chart highlights ascending trendlines that form a wedge pattern, which is often a precursor to an upward breakout. Reduced trading volume during the consolidation phase indicates growing pressure for the price to move in one direction. Such trends are common in markets when long-term holders accumulate assets, waiting for the breakout.
Market sentiment around Fantom remains strong due to developments within its ecosystem. These improvements, combined with the chart pattern, suggest that the cryptocurrency could be among the top performers in 2025. However, some dissenting voices in the market have questioned the validity of the support levels. Despite this, Alex Clay dismissed these claims and maintained his bullish stance on the cryptocurrency’s outlook.
What Investors Should Know
The current pattern presents an opportunity for long-term investors who are looking for returns. If the Livermore Accumulation Cylinder plays out as expected, Fantom could see its price move well beyond $10. With the market watching for confirmation of a breakout above $1.19, the coming months could define Fantom’s trajectory for years to come.
The post Fantom Chart Hints at $10 Surge as Breakout Pattern Emerges appeared first on Crypto News Land.
😂😂😂😂 How many bookmakers are there? Is it just me playing? When I bet down, it goes up. When I bet up, it goes down. Can someone show me how to play? 🤣🤣
If you believe in this fortune teller, sell everything and run while you can. Haha. I play in a spiritual way. Forget the market. No profit means no closing. Haha Selling immature grains, so hoping the coin drops to buy back. Where is there such a juicy deal? Brothers should remember when the coin price rises. If you're not good at entering and exiting, just sit still. It goes up and down 10-20-30%, who cares. Crypto going up and down is very normal. If it drops 50-60%, buy more. Don't lose your position. Volume and price are the only leading indicators in trading. 1. Volume Doesn't Lie: High volume signals intentions. Whether the market is about to explode or reverse, volume will often give you a signal—if you know how to read it. 2. Price Action Speaks: Trends, reversals, fake breakouts—price action will reveal all. But when you combine it with volume? That's where the magic happens. A price moving higher with low volume? Weak trend. A breakout with strong volume? Pay attention. 3. The Rhythm of the Market: Every market moves through stages—accumulation, uptrend, distribution, downtrend. Anna explains how volume and price tell you where you are in the cycle and how to trade appropriately. Personal Takeaways: • Start small. Observe how price reacts to volume at key levels—support, resistance, breakouts. • Look for patterns: Does volume increase when price rises? Strong trend. Does volume decrease during a price rise? Be cautious. • Focus on risk management. VPA won't guarantee success, but it can help you avoid bad trades and spot high-probability setups.
How much do you expect it to be by the Lunar New Year?
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Fantom ($FTM) Targets Significant Price Gains as Bullish Momentum Builds
$FTM targets $3.0053, with potential to reach $5.7906 if bullish momentum continues.
Recent breakout signals sustained growth, potentially surging 102% and beyond.
Hidden bullish divergence suggests continued strength, with a possible 522% price increase.
Fantom ($FTM) has seen price movement, setting new post-breakout highs and drawing attention from traders and analysts. With a bullish trend developing, $FTM's potential for further growth is under scrutiny.
The current target for the cryptocurrency stands at $3.0053, and if this level is surpassed, according to technical analysis, $FTM could continue its climb toward even higher price levels, reaching as much as $5.7906.
The recent breakout in $FTM’s price action marks a key turning point for the token. The asset has surged after consolidation between 2022 and mid-2023, with a substantial price rally leading into 2024.
Moreover, the momentum indicator beneath the price chart supports this bullish outlook. Its values were higher during the current rally compared to previous periods, signaling an increase in market interest and buying pressure.
Looking ahead, $FTM could see another major surge in price, potentially rising by more than 102% to reach the $3.0053 target. If $FTM maintains its upward momentum and breaks above this level, the cryptocurrency could have room for further gains.
A sustained move above $3.0053 could open the door to another significant increase, potentially bringing the asset to around $5.7906, marking a further 90% jump in value.
Strong Momentum After Recent Bullish Patterns
The recent breakout follows a series of bullish patterns for FTM, contributing to its current surge. The cryptocurrency has shown signs of a larger, ongoing breakout phase, which could increase the price to 206% if the current bullish trend continues.
With this momentum, $FTM has the potential to surpass its $3.0053 target and enter a new phase of growth. This period of sustained bullish action might mirror past performance, where the cryptocurrency saw massive price surges, including a previous 414% climb.
Hidden Bullish Divergence Confirms Further Potential
Adding to the optimism surrounding $FTM is the confirmation of a hidden bullish divergence. This technical pattern typically signals continued price strength, as it reflects a period of accumulation before a major move upward.
The cryptocurrency has previously experienced similar setups, with the most notable being the 414% rally after the last hidden bullish divergence. As $FTM holds this key pattern, analysts are predicting further price gains, with a potential for a 522% increase to meet the $3.0053 target.
🔥🎁$FIL 🔥🎁🔥🎁$EGLD 🔥🎁🔥🎁$FTM 🔥🎁 – Morning Star Pattern – A Bright Future Ahead! The morning star pattern seen on 🔥🎁$FIL🔥🎁, 🔥🎁$EGLD🔥🎁, and 🔥🎁$FTM🔥🎁 charts is lighting up the crypto market. This reliable reversal signal suggests the downtrend is over, and a new bullish phase is starting. Traders are buzzing about the potential gains as these tokens gather momentum. With strong fundamentals and massive community backing, these gems are poised to outperform. Don’t get left behind—position yourself now and reap the rewards as prices soar. This could be the entry point you’ve been waiting for! 🌟💰
How much will it be at the end of December, brothers?
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Bullish
🔴ALERT GUYS...‼️‼️ 🚨$FTM /USDT is on Strong Bullish Mode...Next Big Move is on the ride...
$FTM is currently trading at $1.3834, up +4.90% after reaching a 24-hour high of $1.309. The next key resistance level is near $1.400, and a breakout above this could pave the way for a move toward $1.500. On the downside, support at $1.250 is critical to hold, as a break below this level could lead to further losses.
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