Fantom rejected at local resistance
Fantom / TetherUS BINANCE:FTMUSDT
FTM 1day price has made two major corrections in four months Nov-Dec 2021 and Jan-Feb 2022 both went deep into the 786 fib retracement area The first bounced hard off the 200ma and made it back to the 3.35 ATH resistance to form a double top into the last retracement We now see the confirmed bottom at 1.31 has made it back to local resistance at 1.95 Increased volume here should see another assault on this level to crush it and move above the 200ma turn support This will form a new base for a third attempt on the 3.35 ATH area once again with next target 4.35
