AlanSantana

Fantom vs Bitcoin Moves Above EMA50 (85% Target Mapped)

Long
KUCOIN:FTMBTC   Fantom / Bitcoin
The Bitcoin pair for Fantom (FTMBTC) is producing a bullish breakout now just as the Tether pair but it looks better.

We can see a volume breakout today, above-average/high volume, as prices move above EMA10, EMA21 and EMA50.
We also have higher lows since June 2022.

These signals are enough to support the bulls.
Based on these signals we can say that Fantom is baised to grow.

The targets are mapped on the chart.

85% is doable in the short-term.
As usual, mid- and long-term there can be so much more.

Namaste.

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