Crypto Trading Diary — Fantom (FTM) to fall off a cliff?
stressedCamel0
May 12
I’m slowing coming round to TA analogy of “show me the chart and I’ll tell you the news”… Right off the back of extreme FUD for Fantom, which has the herd calling to short FTM to zero; a view of the weekly charts evidences that a double tops was already playing out, with the recently news just creating the sell pressure required to confirm this bearish reversal pattern. As a contrarian thinker, I won’t be laying a short trade yet; as I suspect the herd may be punished for an over-reaction in ...

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