Long
Crypto idea: FTM tightening above the 50 week MA
Since October 2020 Fantom's respected the 50 week MA. This is the third time it's basing just above it.
Zooming in it's engulfing yesterday's high - some resistance at 1.55 but likely to digest it given the longer term trend
2hr chart
Zooming in it's engulfing yesterday's high - some resistance at 1.55 but likely to digest it given the longer term trend
2hr chart
Note
Above 1.55 - ideally holds above
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.