Yuriy_Bishko

πŸ”₯πŸš€FTM: OPEN A TRADE AFTER THE PULLBACK

BINANCE:FTMUSDT   Fantom / TetherUS
πŸ”₯ Hi friends! Fantom is a most volatile and strong altcoin. It makes a huge pump at time when the other alts just consolidate.

Now we see the local dump with BTC, so we should wait for the pullback or continuation of dump. I make the idea that help you to open a trade at any case.

πŸ“Š SHORT TRADING PLAN FOR FTM:
πŸ”₯ pullback and the false breakout of the local key level
πŸ”₯ test the value area as the resistance
πŸ”₯ volume growth

🚩 Volume growth is the key thing. As you can see, the huge massive growth in volumes was almost at the very bottom. Now we see that volumes are also starting to grow significantly.

βœ… TARGETS FOR FTM:
1. $0.21 - the key level and local low
2. $0.2 - the key level and even number
3. $0.18-0.183 - the value area

Take a look on the $0.21 key level, because here we could see the reverse of the trend so book at least 50% of profit from short trade.

Traders, what your thought about FANTOM? Is it promissing altcoin and can bring us good profit? Write your opinion in comments!

πŸ’»Friends, press the "boost"πŸš€ button, write comments and share with your friends - it will be the best THANK YOU.

P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.

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