Fantom (FTM): Time To Sell?

2024年8月14日

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

2024年8月15日

註釋

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).

2024年8月16日

註釋

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!

2024年9月16日

註釋

Fantom did nothing like we needed and price had a 22% market price movement in the opposite direction.