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FTM Update
From a technical perspective, $BINANCE:FTMUSDT has been a treat to chart.
It accumulated from the fall until January, then went on a crazy, nearly 50x time run.
It looks to be nearing bottom, with multiple trends converging. Long term, I see this getting back to the $1 mark, but for now, I am expecting some interesting price action over the next week or two.
This idea plays back the run up in January:
This one shows the latter parts of the parabolic trend.
A lot of lines on this one, but interested to see how they shape the price action for fantom.
It accumulated from the fall until January, then went on a crazy, nearly 50x time run.
It looks to be nearing bottom, with multiple trends converging. Long term, I see this getting back to the $1 mark, but for now, I am expecting some interesting price action over the next week or two.
This idea plays back the run up in January:
This one shows the latter parts of the parabolic trend.
A lot of lines on this one, but interested to see how they shape the price action for fantom.
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