FTM neutral [H12, 1D]

thoughts on FTM
think we range higher unless bullish FA comes out for Fantom
confidence on this analysis is low, but thought I'd take a look anyway since I'm getting some fractal fomo vibes
would like to see 2-3 more H12 closes before entering any position
its interesting to see the competition between FTM and AVAX in price action
watching to see if it functions similarly to bitcoin dominance
for now though, definitely think that FA would be more telling over technical analysis for blockchain coins, especially in these early days
macro I'm long on FTM
think we range higher unless bullish FA comes out for Fantom
confidence on this analysis is low, but thought I'd take a look anyway since I'm getting some fractal fomo vibes
would like to see 2-3 more H12 closes before entering any position
its interesting to see the competition between FTM and AVAX in price action
watching to see if it functions similarly to bitcoin dominance
for now though, definitely think that FA would be more telling over technical analysis for blockchain coins, especially in these early days
macro I'm long on FTM
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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.