Fantom

FTMUSD long time frame wedge in play

309
The sell volume on FTMUSD is declining, and the RSI and AO are tapering towards neutral. If they continue to turn, with sell pressure declining, it could signal an upswing. I'm concerned that it won't be a long term return to uptrend, due to this multi-month wedge in play. I'd treat any swing as temporary especially if Bitcoin doesn't return to strength.

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