Fantom (FTM) Next 70% Target Mapped

3. Juni 2020

Fantom (FTMBTC) is now consolidating above EMA50, we got this one from its lows.

The next target will be hit around 93 satoshis (0.00000093), that's what I can see coming from this chart.

Prices can go higher on a 'wick' and hit up to 0.00000107.

Conditions for change
The overall sentiment is bullish and prices are starting to gain a foothold above EMA10 and EMA50, but charts are always changing...

If FTMBTC moves and closes below 48 satoshis, it enters back the consolidation box in orange, below this level we go bearish.

Anything trading above the last low and we remain bullish on this pair.

This is not financial advice.

Thanks a lot for reading.

Namaste.