Fantom is in a delicate position. a break below the support trend line would cause a further drop in price.
There is a probability that it may bounce and break the resistance trend line.
Everyone was bullish on Fantom in September because of the proposed launch of their mainet on the 30th of September. But unfortunately it was postponed and btc's movement had reverse effect on the market generally.
Do you think FTM/BTC has a chance to pop out soon? share below
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.