Serban’s Crypto Picks – BUY FTM on Breakout
Fantom $FTM – Fantom has been accumulating for over a month since its ATH at $0.84. Now it’s finally breaking resistance and seems to be turning around for a rally; in the macro context Bitcoin dominance is decreasing vs. Alts which is generally a great sign and the right time for us to get into some top 100 coins backed by solid fundamentals.
Entry range for FTM is $0.41 – $0.44 with SL set to $0.36-$0.37. This month should be extremely profitable for altcoins now that BTC dominance is going down; that said, we expect FTM to reach $1.4 – $1.7 in April, which is going to be our TP level on this call. For those more risk averse, $0.75 – $0.85 should be safer, just before breaking previous ATH.