Fantom BTFD you heard it
FTM 4hr showing the bears are in control on a very short-lived downtrend after a double top bearish formation at our previous long call We see price is at the 50ma support area now at 2.85 which has a good history of holding pullbacks If this fails we see the next support level at around 2.70 from the previous resistance levels turn support and the 99ma another critical level for bounces into bottom reversal pivots also the .5 fib retracement is here price could easily hit this level to reset the parameters Failing here would see us at the 618 fib at lower support around 2.50-2.45
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