possible scenarios for $FTM.
Two scenarios can happen for FTM. The bullish scenario will happen if Fantom again breaks and holds 0.95$. In that case a double top could be formed on the monthly chart or a similar massive bullish move will happen just like the previous time. In both cases the price will reach 3$ first. If the ATH is broken and things got real bullish the maximum price of 30$ could be a realistic target before months of consolidation.
If
FTM fails to hold 0.50$, 0.20$ is the major support zone and it will be real hard for 0.50$ to be broken again and in that case things will get real bad.
Im expecting the bullish scenario to happen. For now, the price can reach 0.60$, 0.95$ should be broken & then 3$ is the target, I’ll update the chart later.
If
FTM fails to hold 0.50$, 0.20$ is the major support zone and it will be real hard for 0.50$ to be broken again and in that case things will get real bad.Im expecting the bullish scenario to happen. For now, the price can reach 0.60$, 0.95$ should be broken & then 3$ is the target, I’ll update the chart later.
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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.