Today, there was a significant 6% surge in Fantom, leading to the formation of a bullish engulfing candle that created a morning star pattern. This pattern is typically seen as a signal for the end of a pullback phase, and its formation around the 78.60% Fibonacci level, close to the important psychological mark of $0.50, and along a support trend line is particularly noteworthy. Such formations are generally viewed as strong indicators of a transition from a bearish to a bullish trend. For the latest financial and business news, visit COINTURK FINANCE.
