Fantom FTM Getting Ready for The Next Huge Move?
Fantom FTM looking bullish, following the news of the return of #DeFi coder Andre Cronje.
Scholastic RSI:
Monthly - Oversold;
Weekly - bullish;
Daily - Overbought;
Fantom is expected to go one leg down on the daily time frame before the next huge move.
Fundamentals:
Watch out for Dec 1-2, 14 (Fed data).
On December 01, Fed Chairman Powell speech on the U.S. economic outlook and job market.
On December 2, the United States Unemployment Rate data for November.
The probability of a 50bps rate hike on December 14 is currently 75%.
Noteworthy:
The trend is your friend; Identify the trend, ride the trend until it end and reaches it bend.
Once you get risk free, ride the trend it end and reaches it bend.
No one ever went broke taking profits whenever the crypto market trend (direction and time) is in your favor.
Do not forget the historical wise saying, "Never invest more than you can afford to lose."
Not a financial advise, I suggest using this only as a guide - Do your own research.
Let us know what you think about this subject in the comments section below.
Kindly support this idea with your like and comment, thank you.
Scholastic RSI:
Monthly - Oversold;
Weekly - bullish;
Daily - Overbought;
Fantom is expected to go one leg down on the daily time frame before the next huge move.
Fundamentals:
Watch out for Dec 1-2, 14 (Fed data).
On December 01, Fed Chairman Powell speech on the U.S. economic outlook and job market.
On December 2, the United States Unemployment Rate data for November.
The probability of a 50bps rate hike on December 14 is currently 75%.
Noteworthy:
The trend is your friend; Identify the trend, ride the trend until it end and reaches it bend.
Once you get risk free, ride the trend it end and reaches it bend.
No one ever went broke taking profits whenever the crypto market trend (direction and time) is in your favor.
Do not forget the historical wise saying, "Never invest more than you can afford to lose."
Not a financial advise, I suggest using this only as a guide - Do your own research.
Let us know what you think about this subject in the comments section below.
Kindly support this idea with your like and comment, thank you.
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