FTM has consolidated within the 0.116 range. Possible breakout in the next hours/days, and if strong enough, could easily breakout the all time high resistance of 0.26286
On another note: FTM has clearly been pumping by investors. The FTM community has been consolidating and the 200 largest holders of FTM (etherscan.com) have increased their position. FTM Foundation has clearly been working closely with its investors by release official updates and news as the price reached higher levels (Twitter: @FantomFDN).
Future of FTM: - Largest DeFi platform in the world, non-Ethereum based. - $15 billion dollars potential and more
Trade active
Strong consolidation few hours after falling wedge breakout. Price will most likely retain a little and breakout 0.26 or directly breakout to 0.26 Target sell orders: 50% at 0.26 25% at 0.302 25% at 0.356 Depending on the behavior, I will either keep sell orders active or increase sell orders. I DO NOT RECOMMEND SELLING BELOW 0.26!!!!
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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.