Short
Multi Brick Swing Breakdown of FTM: SHORT
After respecting EMA 20, Fantom broke down the multi brick swing pattern. this is a bearish signal
We can confirm this breakdown in Ichimoku analysis. Fantom has satisfied the conditions for confirming the continuation of the downtrend in Ichimoku.
To determine the target, pay attention to the chart below:
https://www.tradingview.com/x/6g1TVV6G/
Based on the volume profile, the target can be considered in the range of 1.24 to 1.42. This is also confirmed by the support levels of the Ranko chart
We can confirm this breakdown in Ichimoku analysis. Fantom has satisfied the conditions for confirming the continuation of the downtrend in Ichimoku.
To determine the target, pay attention to the chart below:
https://www.tradingview.com/x/6g1TVV6G/
Based on the volume profile, the target can be considered in the range of 1.24 to 1.42. This is also confirmed by the support levels of the Ranko chart
Trade active
Fantom reached the first target. 
For more of my on-chain analyses, visit my CryptoQuant profile:
cryptoquant.com/profile/u/CryptoOnchain?tab=quicktake
cryptoquant.com/profile/u/CryptoOnchain?tab=quicktake
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.
For more of my on-chain analyses, visit my CryptoQuant profile:
cryptoquant.com/profile/u/CryptoOnchain?tab=quicktake
cryptoquant.com/profile/u/CryptoOnchain?tab=quicktake
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.