Hi friends, hope you are well and welcome to the new update on Fantom ( FTM ) coin.

Breaking out the channel:
On a daily time frame, the priceline of FTM has again reached the resistance of the channel to break it out soon.

RSI broke out resistance:
On a daily time frame, the relative strength index ( RSI ) oscillator has broken out a long-term resistance line, therefore, now there is a high probability for a big move.

Bullish divergence:
On a daily time frame there is also a bullish divergence flashed which is also indicting to a massive move soon.

MAs and Stochastic:
On a weekly time frame, Fantom is bounced from the 25 SMA and also breaking out EMA 21 as well. Now the EMA 21 can work as long-term support for the priceline. The stochastic has given buying signal from the oversold zone. Therefore this time the priceline can set a new all-time high.

Don't forget to upvote/tip and share the post, thanks

You can also support my work at Patreon for more ideas:

https://www.patreon.com/moon333

In order to play and watch the current performance of the chart you need at least a free account on tradingview:

https://www.tradingview.com/gopro/?share_your_love=moon333

KuCoin is one of the best exchange to find crypto gems:

https://www.kucoin.com/ucenter/signup?rcode=rJSDVT3

Link for Binance exchange, to trade crypto:

https://www.binance.com/?ref=11256882 

Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.