-35% crash on Fantom.

Mis à jour
Here are some bearish factors?
1).We had a pi cycle top on 26 October.

2).We have continually failed to break the linear regression trendline despite bitcoin breaking its 64k resistance.
3). It has rallied 232.37% in 34 days.

Conclusion:
The risk of a Potential upside rally while highly likely vs a potential short term wash of leverage by bearish price action.
I choose the bears for they have best t.a. Price target of 1.9 about -35%.

Trade responsibly and follow me on my twitter
Transaction en cours
Stoploss at all time highs. price 3.6
Note
upcoming resistance
Transaction en cours
If btc continues with the correction. We may have momentum to break the trendline.
Transaction en cours
Can resistance trendline turn into support ? Well first lets shift stop loss to breakeven and just wait and see
Transaction en cours
Its a beautiful sight when we get majority of moving averages flash sell. only the 200 moving average remains as the bulls last stand defense.
Transaction en cours
Bears continue showing their strength.
Trade fermée: cible de profit atteinte
ending my overall ftm short
Beyond Technical AnalysisBitcoin (Cryptocurrency)blockchainCryptocurrencycryptotradingfantomfantomcoinTechnical IndicatorsTrend Analysis

Aussi sur:

Publications connexes

Clause de non-responsabilité