FTM | FANTOM | Altcoin with GREAT UPSIDE POTENTIAL
FTM has recently increased 11% in the weekly, but is making more red candles in the daily and the impulse up seems to be over for now.
Looking at the corrections, from -45% to -80% is not uncommon for Fantom.
The good news, is that the bottom is likely close - and from here, there exists great upside potential.
I am NOT saying we can't fall lower here - infact, a full retracement may be likely, just as we saw the previous cycle. In which case, the upside is even bigger. 30c is indeed a very popular demand zone:
_____________________
$BINANCEUS:FTMUSDT
Looking at the corrections, from -45% to -80% is not uncommon for Fantom.
The good news, is that the bottom is likely close - and from here, there exists great upside potential.
I am NOT saying we can't fall lower here - infact, a full retracement may be likely, just as we saw the previous cycle. In which case, the upside is even bigger. 30c is indeed a very popular demand zone:
_____________________
$BINANCEUS:FTMUSDT
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discord.gg/xHJRka3
Cryptocheck Website
thecryptocheck.com
SoftQuant Website
softquant.io
Related publications
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.
Discord Server
discord.gg/xHJRka3
Cryptocheck Website
thecryptocheck.com
SoftQuant Website
softquant.io
discord.gg/xHJRka3
Cryptocheck Website
thecryptocheck.com
SoftQuant Website
softquant.io
Related publications
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.