FTM Trading Range
Fantom / USD FTX:FTMUSD
I’d speculate on this structure being distributive. Which is a contentious call, given the fervour of the FTM community and HODLers. I really hope it doesn’t play out, honestly… but .. it seems very off to me. Check out the volume , no volume at all during the lower structure, but heaps on the tests to the top of the range, a lot of passing the supply over from pros who have made 4000% already and are offloading to people who think it’s going to the moon. Hey.. I hope I’m wrong.. I’m just a noob anyway so don’t listen to me.
