Can Fantom retain its bullish trajectory despite market fluctuations?

  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 68%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Fantom was trading beneath a bearish breaker block at $0.66 but the momentum and volume of the past few days meant a breakout was likely.

The $0.66 and $0.9 zones were the next pivotal resistance zones and were a notable supply zone earlier this year.saw a strong increase in its trading volume a week ago, and this trend has only strengthened in the past few days. Increased activity on the Fantom network with

The indicator’s +DI and ADX were both above 20 to show the uptrend was significant. The Awesome Oscillator reflected the bullish momentum of the past week that saw Fantom post 44.7% gains in four days before a minor pullback from $0.683 to $0.633. The $0.66 and $0.9 zones were the next pivotal resistance zones and were a notable supply zone earlier this year. A break and retest of the $0.66 zone should offer swing traders a buying opportunity.The liquidation heatmap outlined a large pool of liquidity that extended from $0.546 to $0.626. During the rally of the past week, this zone was swept and price began to consolidate around the $0.63 area.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 22. in BE

Belgique Dernières Nouvelles, Belgique Actualités