Long
Consolidating Further, extended wedge
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 ecosystem to the United Nations for use in Central Banks Digital Currency today! Find out more
- Funds have invested parts of their equity intoFTM which can be found online.
This news could be a game changer for the next run which will most likely happen in the next few days/week.
Net volume consolidating further
4h MACD
Strong wedge support on the 15m
Previous wedge:
FTM NEWS:- Fantom is going to be the first cryptocurrency to present its blockchain ecosystem to the United Nations for use in Central Banks Digital Currency today! Find out more
- Funds have invested parts of their equity into
FTM which can be found online.This news could be a game changer for the next run which will most likely happen in the next few days/week.
Net volume consolidating further
4h MACD
Strong wedge support on the 15m
Note
Note
FTM definitely broke the wedge and went as far down as the 3h RSI wedge. Lost a lot in my future's trade but I am still extremely bullish on FTM. I bought some Spot at 0.38. I'm not going to hold futures until it's fully stabilized yet.Note
Looking like a strong falling wedge
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.