Fantom is currently in an ABC correction for a move higher.
We've already made the bottom so we have a strict invalidation level to work with. The upside potential is incredible (1500% gains) compared to the downside risk associated with this trade.
Trade Idea:
- For a safe entry, watch for a break of the channel
- For a risk entry, enter on break of lower timeframe trendline
- stops below the bottom
- Targets: 0.97,1.47, 3.5, HODL the rest and manually close.
Goodluck and as always, trade safe!