-35% crash on Fantom.

Aggiornato
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
Trade attivo
Stoploss at all time highs. price 3.6
Nota
upcoming resistance
Trade attivo
If btc continues with the correction. We may have momentum to break the trendline.
Trade attivo
Can resistance trendline turn into support ? Well first lets shift stop loss to breakeven and just wait and see
Trade attivo
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.
Trade attivo
Bears continue showing their strength.
Trade chiuso: obiettivo raggiunto
ending my overall ftm short
Beyond Technical AnalysisBitcoin (Cryptocurrency)blockchainCryptocurrencycryptotradingfantomfantomcoinTechnical IndicatorsTrend Analysis

Anche su:

Pubblicazioni correlate

Declinazione di responsabilità