I think FTM now at support, but not strong support. if BTC domination still not down, Alts will difficult to grow up even BTC is growing up now.
BTC domination should be under 60% , so Alts can breathe
all you can see at the chart about FTM
💎Technical Analysis Summary💎
-FTM broke the rising channel to the downside
-Currently, it is pulling back to retest previous support
-If FTM is unable to break above the key level resistance
-That will signal a bearish price movement is expected
-The potential downside target is around $0.021
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in my opinion wave 5 of wave 1 is complete and we are looking for a pullback to complete wave 2. Possibly bounces based on fibs and support shown on the chart with personal staggered buys in these areas
The support level definitely affects the the currency. It is at the final stage of the falling wedge, meaning it will soon breakout.
- Investors will purchase the currency for actual usage (safety transactions,...).
- The support level is holding the right now, meaning its a good time for huge increase.
- CEO of FTM is very visible in his action through...
i am testing a new method of mutated rsi divergence which seems more accurate than the normal way of measuring divergence.
i anticipated the previous pump, and will update if i see the same signal again.
please understand i am only testing and this is not in any way advisable to follow
i am merely sharing my findings.
if this method works it could be a very...
Launching fUNI. Uniswap on Fantom
The wait is over! We successfully deployed fUNI on Fantom, both as a standalone application at fUNI.exchange and integrated within the Fantom Wallet.
Note: trading is disabled for the first 24 hours to allow getting enough liquidity.
That FA, it will affected for FTM price ?? Lets see
Not Financial Advice, DWYOR
The current strong resistance level allows a probability for a falling wedge to soon breakout. My buy price is set between 0.025-0.027.
I have been able to double my FTM amount by playing with the strong resistance level followed by its strong falling wedge. I believe that it will soon finally reach a new level 0.6? (SOON)
Rounding bottom is clearly seen followed by the recent break from the trending line. This could potentially mean that there is a continuous bullish relationship (price will go high). I strongly support buying long for the next weeks or eventually until first quarter 2021 as FTM will gain much more demand with its financial and governmental use. I target the...