Fantom USDT
- Fantom has already printed 100% from it's bear market low
- Fantom can easily move to 0.52$ with some deep Retracement's
- Make sure that you are not ENTERING anywhere you are told to
- 0.25-0.30 is a good value zone to hold Fantom for mid term
- Fantom is managed by the best DE-FI developer Andre Cronje.
- Fantom has a solid ecosystem.
- Bear Run made it look very gloomy.
- The next Bull Run will be interesting for Fantom.
- In my opinion, Fantom has a straight short-term swing target of 0.33-0.38$ which depicts an upsurge of 42-50%.
- Do not get carried away by the returns and potential left inside...
FTM/BUSD 4hr. Chart Analysis
FTM running under Bullish Harmonic Wave as in XABCD Butterfly Pattern, It is almost on finishing point into last cycle of Downtrend after cut-off point as in Bearish Penant Pattern into 1-hr. candles chart.
UPCOM:FTM last Lower-Low bearish cut-off point will be 22-20 cents, while initial reversal point is around 23-24 cents soon...
Fantom was in a down channel making LL/LH for long period and now it has break it's Resistance BINANCE:FTMUSDT and candle has been closed upside in a 4Hr's Time Frame So I am going to open a long.
Rising wedge on the 1h/4h in play. I took an entry at point 1 at the bottom of the wedge. The second point of entry would be at the break of the smaller ascending triangle.
