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DewyCandles

FTM ANALYSIS

Fantom / TetherUS PERPETUAL CONTRACT (BINANCE:FTMUSDT.P)  
DewyCandles  
BINANCE:FTMUSDT.P   Fantom / TetherUS PERPETUAL CONTRACT
Trend Analysis Chart Patterns parallelchannels parallelchanel support resistence supportandresistancezones FTM FTMUSDT Bitcoin (Cryptocurrency) fantom
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trendanalysis chartpattern parallelchannels parallelchanel support resistence supportandresistancezones ftm ftmusdt bitcoin fantom
On daily timeframe chart is forming a "descending parallel channel"

If the candle closes below the major support zone of $0.74 then price will reach the weekly support zone of $0.5.

Wait for breakout of the resistance trendline of the parallel channel or touch to weekly support zone to build a position.
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