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Fantom (FTM): Time To Sell?

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Fantom is back at the branch of EMAs where historically we have been getting rejected.

We see it as a good chance for another rejection to happen so keep an eye on both of the EMAs, as it might be a good zone to short and DCA the position!

Swallow Team
Nota
syot kilat
Fantom is still trading near 100 EMA while not showing us any clear signs of breakout from here.

As long as we are in this uncertainty near the EMA, we are going to look for a rejection to happen, as sellers still dominate near this zone (but we keep an eye on the 200 EMA as well).
Nota
syot kilat
Fantom is slowly approaching the end of our DCA zone, which is 200 EMA.

We are keeping a close eye on it for a potential rejection to happen near this zone!
Nota
syot kilat
Fantom did nothing like we needed and price had a 22% market price movement in the opposite direction.
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Chart PatternsHarmonic PatternsTechnical Indicators
SwallowAcademy
🚨 Authentic Mentoring
⚡️ Short-Term + Mid-Term Trades

Join our amazing team and be part of something bigger.
FREE: t.me/+fiEDSn7M9pJkODA0
Juga pada:

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.