Fantom (FTM) reach all my targets from my previous idea and even more. After the false breakout (bear trap) of the trendline all long traders bacome the fuel for the dump.
After such DUMP and volume growth we can expect local pullback. Even BTC made it after the fall to $17600. Now this is altcoins turn.
I marked the global trendline which is resistance for the price now and FTM should accumulate the "power" for the breakout. If it start squeeze under the trendline and volume start it gives us additional confirmation of big player (buyer)✅.
The targets: 🔶 $0.30 - key level 🔶 $0.34-0.38 - value area and huge resistance for the price
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P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.