Fantom FTM renewed tradeFantom dipped 50% in a couple of days with no fundamental reason but FUD. It is a good chance for me to re-enter this trade that I previously sold too early back in January.
My 1st entry marked in blue
Main support is marked in black (where I'd be laddering my 2nd entry if it gets there)
My two exits marked in green
PS Everything is on sale in the market nowadays. So I am HODLing and adding to my bag all those that are at discount with solid fundamental background.
FTMBTC
Fantom FTM/USDTHello lovely people!
Long time no see!
Here we have possible Fantom breakout movement upwards.
- Nice looking Bull flag.
- Potential 100% move.
- Beautiful 63 day consolidation.
- After touching that weekly 20Ema (Yellow) bulls clearly took the lead
I still want to see that vertical resistance ( 2nd confirmation ) around 0,55 - 0,60 cent break out and candle close.
If you like my work give a like ;)
-Jebu
FTMUSDT - Resistance ahead!There's a small resistance on this coin's market right now.
We might be able to break it if the prices consolidate in this area.
In case of a dump or correction, there are a few support areas on the way down which can help keep the price from going further down.
Open your long positions after the prices pass the resistance and aim for the target area.
⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high.
Good Luck 🎲
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