Fantom (FTM): Possible Re-Test of Neckline Zone
Updated
Fantom has had a really nice breakout since forming that cup&handle pattern on a daily timeframe.
We are looking now for that broken zone to be re-tested while forming a small triangle formation here with a potential breakout moment!
Swallow Team
We are looking now for that broken zone to be re-tested while forming a small triangle formation here with a potential breakout moment!
Swallow Team
Note
Fantom has made a nice 20% movement so far, rejecting from that upper resistance line (while forming triangle formation here).
We are looking for further movement to that lower support zone so keep your eyes open for that zone!
◼️ Price moved +20.22%
Note
Fantom has made a great, steady movement after getting rejected from upper line of triangle formation. Price is still yet to touch that lower support zone (neckline zone) so eyes open!
✅ Price has moved 24.26% so far
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