Fantom: THIS level can trigger a bull trap, because...

2024-9-12 22:00

Analysts warned that FTM's $0.50 resistance could trigger a bull trap, with a correction to $0.465 likely. Rising Open Interest and whale activity signaled growing bullish momentum, but cautionThe post Fantom: THIS level can trigger a bull trap, because... appeared first on AMBCrypto.

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trigger trap fantom level growing bullish whale

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Bitcoin Price Analysis: Range-Bound Market Coiled for Next Move

For the better part of a month and a half, bitcoin has been fairly range-bound and unable to establish new lows or new highs. There are some bullish and bearish setups on the horizon for bitcoin, so let’s check out both sides of the argument because currently the market is sitting in the middle of Indecisionville — the most immediate sign of which is this glaringly obvious head-and-shoulders bottom reversal pattern:Figure 1: BTC-USD, Daily Candles, Head-and-Shoulders BottomThis current pattern is nothing more than a setup at the moment, but it represents one potential outcome of this sustained consolidation.

2019-1-4 02:22


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