FTMUSD weekly seems to follow a Gann Fan pattern since the beginning of its Bullish movement. It has been benefiting from a very good support of 2/1 and in the recent weeks from 1/1. Right now it has touched 1/2. It may follow it's Bullish movement and go further to make a full Arc. However, as 1/2 is a heavy resistance point, a reversal of trend to 1/1 is...
* This is a personal analysis * Someone else may analyse the market another way ** My mentor always said: "NEVER trust anybody else analysis, always do your own research/analysis" *** Anyway, if you want to use it, then "USE IT ON YOUR OWN RESPONSIBILITY " Happy Trading
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
I've started accumulating Fantom ( FTM) at 0.0067 till 0.006. This is a DAG project like IOTA but with a better and far superior technology. They are the second project besides Ethereum to take DEFI at such level Smart contracts, fiat based currencies, insane tx/s, etc. There isn't any TA in here except a Divergence, long term hold.
Fantom may break out of this bullish wedge. I have started accumulating FTM. If it does break out we go to mars.
Like countless other crypto, Fantom has been banging along on the bottom for some time. Now, it gets a 9 buy signal on the Demark indicator. It's not the strongest signal as it wasn't properly confirmed but I think this should begin to grow from here