FieryTrading

🔥 FTM: What Dump?

Long
FieryTrading Updated   
BINANCE:FTMUSDT   Fantom / TetherUS
The entire crypto market dumped yesterday, and so did FTM. However, FTM's dump got bought up the instant that BTC saw minor consolidation. Over the mid-term, FTM's bullish channel is still intact.

In my previous BTC analysis I was relatively bullish. This further enforces my belief that FTM has more gains to come.

Target for the coming two weeks would be the current ATH value around 3.48

Happy trading!
Comment:
Crypto markets are very bearish now. I'd advise to wait for clear bullish confirmation of BTC before entering any long positions.
Comment:
FTM went up +10% after posting this signal. Sadly the market is turning sour again and FTM fell through the channel's support. Signal invalidated, waiting for a better entry in the near future.

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