This is what you can expect from this fantom rally!

If fantom succeeds in confirming the breakout of this rising wedge pattern, we will see a continuation in price.

How does this confirmation work? After retesting the upper band of this rising wedge and finding support, a new ATH would confirm this continuation.

However if fantom does not succeed, and drops back inside of the rising wedge, it is more likely this was a bull trap and a blow off top.

Buying these trades is very risky and is not recommended. This rally is currently getting fueled by retail fomo and is very volatile.

A good buy opportunity is the bottom of the rising wedge and previous ATH. Around 800 sats, as indicated on the chart with a green box.

These are only ideas, trade at your own risk!

Good luck everyone! GG fantom