FTMUSDTFTM ~ 1D ✅
#FTM Make purchases gradually after successfully breaking through this resistance line. at least for a minimum increase of 15%++
Ftmusdtsignals
FTMUSD 1WFTM ~ 1W
#FTM The retesting of the Support Block has been successful. The gradual purchase here is quite interesting with a minimum target of 20%++
FTMUSDT Bullish short-term + break-out target.*** ***
For this particular analysis on the Fantom token we are using the FTMUSDT symbol on the OKX exchange .
*** ***
The idea is on the 1D time-frame where FTM has been trading within a Falling Wedge pattern since the May 23 2022 Lower High. Today it broke above the 1D MA50 (blue trend-line) for the first time since November 08 and that alone calls for a bullish extension towards the top (Lower Highs trend-line) of the Falling Wedge.
That would mean hitting the 1D MA200 (orange trend-line), which has been intact since March 03 2022. That would fall nicely on the 0.618 Fibonacci retracement level, which both previous Lower Highs either approached or marginally broke. A break above the 0.786 Fib (above the Falling Wedge) will be a bullish break-out signal for us, targeting the 0.4200 Resistance (August 13 High).
-------------------------------------------------------------------------------
** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
You may also TELL ME 🙋♀️🙋♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
