FTM/USD - Watch resistance as we approach $4. 🧐
After price broke above this massive triangle, made it support, FTM is pumping like a pro.
As we are in price discovery this can go very high, very quickly, however if you ask me, one has to pay attention to the levels under $4 as those will likely provide some resistance.
The Fib extension at 161% shows $3.8 as a key level, so watch price in that area.
For now, FTM can continue to pump as there is plenty of room and FOMO to do it. Fantom is an under valued DEFI token, but at this rate, it can get overvalued fast... :)
Like and follow if you liked my idea!
As we are in price discovery this can go very high, very quickly, however if you ask me, one has to pay attention to the levels under $4 as those will likely provide some resistance.
The Fib extension at 161% shows $3.8 as a key level, so watch price in that area.
For now, FTM can continue to pump as there is plenty of room and FOMO to do it. Fantom is an under valued DEFI token, but at this rate, it can get overvalued fast... :)
Like and follow if you liked my idea!
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