Fantom looks for support

FTM 4hr break down into the descending channel again finding support at the POC 1.17 next level support is 1.10 at the 200ma and an upward trendline that doesn't always hold water
Not a time to be trading FTM especially leverage

Comment:

Nice primary move to the 1.51 resistance area for a shakeout before moving up to take the 1.68 which shouldn't prove to be too strong a resistance then we see further shakeout at 1.94 ATH next stop then targets are 2.25 and 2.86