FTM - Weekly - "👀Double Top"

업데이트됨

Click Here🖱️ and scroll down👇 for the technicals, fundamentals and more behind this trade!!!
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🛑Disclaimer: My mission is to provide traders with the most realistic perspective. Sugar-coated analysis is not welcomed here🛑

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.................................................✋NFA👍................................................
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➡️Technical Standpoint⬅️
1.) Double top on the weekly timeframe, in addition to being trapped right below a 3 layer Fibonacci, gives room for FTM to drop to the $0.57 level.
2.) Market maker fair value is currently at $2.08, which can be the target in the short/medium term. Previous fair value was at $0.38.
3.) We are in the middle of a cycle, scheduled to change on 4/11/22.

➡️Fundamental Standpoint⬅️
1.) Andre and Anton leaving FTM is not the end of the world. There are developers that come and go throughout all projects in the crypto space. At the end of the day "is what it is". As long as the project is able to pick up the slack 👍
2.) Poloniex to partner with Fantom
3.) Top 50 project with consistent ecosystem growth; a plus.

➡️Current Season⬅️
- BTC, ETH and Large Market Caps

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....🎉🎉🎉Before You Go🎉🎉🎉…..
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..📚Indicator Legacy/Definition(s)📖..
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✨ Moving Averages(MA):