As I expected in the Past analysis for FANTOM ,it was be able to grow up exactly according to my prediction and the excellent fundamental behind it and almost reached near my target 🎯2178 % profit💰🤑 (in 4 month)
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Although this previous analysis is still active, but Now FTM has a harder pass way to record new ATH
And as you can see on daily timeframe it fell by forming a double top pattern as same as Bitcoin fell,
and recently reached on the pivot zone . meanwhile , the 14-day exponential moving average and
20EMA are crossing under the 200EMA , respectively, which could cause it to further fall again. but it
maybe have a quick rise to higher resistance or ema in the short time which I consider it as a pullback
, but if it couldn't maintain the pivot range then it can fall more to first target which is volume gap zone
and then it can decreases to lower support level or even more to green demand zone .
otherwise in order to fail this scenario it should be able to go above the resistance zone and invalid the double top pattern.
EMAs (14EMA red -20EMA yellow -50EMA lite blue-100EMA purple -200EMA dark blue)
🛑resistance level: $2 - $0 2.18 /// 2.87-3$
🆚pivot zone: $1.37 - 1.5 $
❇️support levels: VOLUME GAP (0.85$-1$) /// $0.5/// (DEMAND)$0.23--$0.33
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses PLZ follow me and give a big thumbs 👍 OR drop comment 🗯💭
-------------------------------------------------------------------------------------------------------------------
Although this previous analysis is still active, but Now FTM has a harder pass way to record new ATH
And as you can see on daily timeframe it fell by forming a double top pattern as same as Bitcoin fell,
and recently reached on the pivot zone . meanwhile , the 14-day exponential moving average and
20EMA are crossing under the 200EMA , respectively, which could cause it to further fall again. but it
maybe have a quick rise to higher resistance or ema in the short time which I consider it as a pullback
, but if it couldn't maintain the pivot range then it can fall more to first target which is volume gap zone
and then it can decreases to lower support level or even more to green demand zone .
otherwise in order to fail this scenario it should be able to go above the resistance zone and invalid the double top pattern.
EMAs (14EMA red -20EMA yellow -50EMA lite blue-100EMA purple -200EMA dark blue)
🛑resistance level: $2 - $0 2.18 /// 2.87-3$
🆚pivot zone: $1.37 - 1.5 $
❇️support levels: VOLUME GAP (0.85$-1$) /// $0.5/// (DEMAND)$0.23--$0.33
--------------------------------------------------------------------------------------------------------------------
👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses PLZ follow me and give a big thumbs 👍 OR drop comment 🗯💭
