Fantom Changed a Trend to the Downside
Fantom prices hit their highs at 0.1930 on October 17 ending an uptrend. The FTMUSD slipped below the support of the uptrend on October 12 and is set to go down after a retest of this support. With all this in mind, it would be wise to consider opening short trades at 0.1852-0.1863 with a target at 0.1780, the low of October 11. The stop-loss could be set slightly above 0.1894, the high of October 16.
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