FTM Fantom Long Idea 4h

As you can see in the chart, FTM is currently trading over the golden pocket and got rejected from it as indicated by the fib levels. I reckon it will reach 0.35 and to 0.40 sooner than expected. Whether the price will reach 0.35 and 0.40 or not depends on various factors such as market conditions, investor sentiment and other fundamental developments.

Also marked the RSI divergence in green dotted line.

Feel free to comment your views. We all learn from each other. :)

This is not a financial advice. DYOR