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PolarHusk
Sep 23, 2020 3:01 PM

FTM/USDT (Bearish Double Top?) 

Fantom / TetherUSBinance

Description

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💎Technical Analysis Summary💎


BINANCE: FTMUSDT


-Fantom is unable to get above the Swing High at 5500 sat
-We can see two rejections at 4500 sat
-This is a sign of weakness in terms of price action
-Currently, it is still holding local support
-But if the channel is broken downward
-Please reduce position size or place a proper stop loss




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Comments
UnknownUnicorn999651
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nice chart!
PolarHusk
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@Nibiru7, thanks!
davidbbt2807
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so now it broke the downward. It will coming back to 0.02866 area right?
PolarHusk
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@davidbbt2807, yes, if the Bears can send more follow-through.
kubilaydereli32
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It's a tough one to decide where this one will go. FTM surprises many people again and again. But I see that because of exchanges haven't implemented futures on it. Lets see
PolarHusk
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@kubilaydereli32, thanks for sharing your thought :)
cryptosince1963
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Nice work! Shame the ride is ending, was enjoying the gains.
PolarHusk
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@reggiogeorge, thanks!
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