The invention discloses a suspension type damper used for a high speed rotating machine. The upper part of an oil film ring fixed bracket is fixedly connected to a damper fixed plate, and the lower part of the oil film ring fixed bracket is connected with the lower part of a sealing limiting ring through an oil sealing plate; the lower part of a ball fixed bracket is connected with the upper partof an oil film axle neck through combined suspenders; a gap is arranged between the bottom surface of the oil film axle neck and the oil sealing plate; an oil film ring is located at the outer side of the lower part of the oil film axle neck, and a gap is arranged between the oil film ring and the oil film axle neck; lubricating oil is injected between the oil film ring fixed bracket and the sealing limiting ring; and upper balls are arranged in a reversed V-shaped hole of a first suspender in each combined suspender and a V-shaped hole of the ball fixed bracket, and lower balls are arranged in a V-shaped hole of the second suspender and a reversed V-shaped hole of the oil film axle neck. The suspension type damper in the structure can ensure that a flywheel rotor operates at a low-order critical rotating speed stably, eliminate low frequency precessional motion and realize the integration of lower natural frequency and bigger oil film viscous damping performance.