FxWirePro- Fantom (Chart of the week)

FTMUSD was one of the best performers the previous week. Any weekly close above $0.60 confirms further bullishness. FTMUSD was the best performer and surged more than 50% in the past week. The pair holds well above the short-term (21 and 55 EMA) and long-term moving average. It hit a high of $0.5671 and is currently trading around $0.5438. The bullish invalidation can happen if the pair closes above $0.60. On the lower side, the near-term support is $0.470. Any break below targets $0.40/$0.280. Significant downtrend if it breaks $0.230. The immediate...



source: https://tokenpost.com/FxWirePro-Fantom-Chart-of-the-week-10963

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