What’s the next stop?

Join us to discover the recent price movements of Fantom (FTM). We’ve observed notable trends that could impact your investment strategy. The analysis takes place from our premium environment, exclusively for members. Learn how current market dynamics are affecting FTM and what this could mean for the future.

Take advantage of our special offer: for just 1 euro you get access to an exclusive environment with much more premium content for 30 days. Please note that our information is for educational purposes and not financial advice.

Take advantage of the drop in the phantom price (FTM).

Crypto Insiders analysts recently published a new FTM analysis in the premium environment. In it they stated the following:

“FTM recently re-entered the red selling zone. This zone lies in the Fibonacci golden pocket around $0.3221. Here we expect the end of wave 2 due to an Elliott wave pattern at 12345. Our analysis suggests a bearish trend in this zone.

We specifically focus on the 161.8% Fibonacci level at $0.2134 as a target and do not rule out the possibility that the price could decline even further. This is a crucial point for future price developments.

Additionally, we are keeping a close eye on the blue resistance zone located between $0.3569 and $0.37. For our analysis, it is important that FTM does not exceed this range. If there are any changes, we will adapt our strategy accordingly.”

Date of analysis: December 3rd. Link to trading view:

Editor’s tip: December promotion at Bitvavo

Bitvavo, the Dutch crypto exchange, welcomes new users this month with a bonus of 20 euros that can be used for crypto purchases. In addition, we offer you the unique opportunity to make transactions worth up to 10,000 euros without paying trading costs. This offer is only valid in December. To register, click here.

Follow the top crypto traders in the Netherlands

In our premium environment you will find our extensive trading plan with the latest updates. As a Premium Member, you enter a safe place where traders of all experience levels share knowledge. Ask experienced analysts and top traders about trading, market trends and crypto topics in a lively community. We also organize weekly live streams and webinars for traders who want to delve deeper into technical analysis.

Disclaimer: Investing involves risks. Our analysts are not financial advisors. Always consult an advisor when making financial decisions. The information and tips provided on this website are based on our analysts’ own insights and experiences. These therefore serve exclusively educational purposes.

Post views: 188

Related News

Leave A Reply

Please enter your comment!
Please enter your name here

Exit mobile version