Current technical analysis for FTM/USDT let me know any questions or any other graphs you would like for me to look at and if you have any criticism on the analysis any comment would be greatly appreciated.
DISCLAIMER THIS IS THE SCENARIO THAT FANTOM FOLLOWS THIS CHANNEL THERE IS A DESCENDING CHANNEL ALSO MEANING BE VERY VERY CAUTIOUS
FTMUSDT
NOT FINANCIAL ADVICE DO YOUR OWN RESEARCH I ONLY PROVIDE GRAPH ANALYSIS
- Red line = Current support
- Orange line = current resistance and breakout point
- Yellow line = Future resistance and optimal sell area if you would like to minimize risks but i would hold but still monitor the chart and if I see a pullback sign i would sell
- Cyan line = Target selling price
- Green line = Future resistance if breaks through may reach middle of diagonal channel and eventually the top
- White arrows = What i think will most likely happen
- Yellow arrows = Has possibility of happening and pretty likely
DISCLAIMER THIS IS THE SCENARIO THAT FANTOM FOLLOWS THIS CHANNEL THERE IS A DESCENDING CHANNEL ALSO MEANING BE VERY VERY CAUTIOUS
FTMUSDT
NOT FINANCIAL ADVICE DO YOUR OWN RESEARCH I ONLY PROVIDE GRAPH ANALYSIS