🔥 FTM Moment Of Truth: Will The Bulls Show Up?

FTM has been leading the pack over the last week or so. Will the bulls be confident enough to push the price further?
FTM is currently trading on a strong area of resistance, in combination with being overbought on the daily charts. The aforementioned is theoretically a very dangerous area to trade for bulls, especially in the current market environment.
If we see further downwards pressure, I'm looking for a move towards $0.20, potentially lower if BTC allows it. If the bulls can successfully take FTM above the dotted resistance line, we might actually see more parabolic price action, target placed at $0.31
FTM is currently trading on a strong area of resistance, in combination with being overbought on the daily charts. The aforementioned is theoretically a very dangerous area to trade for bulls, especially in the current market environment.
If we see further downwards pressure, I'm looking for a move towards $0.20, potentially lower if BTC allows it. If the bulls can successfully take FTM above the dotted resistance line, we might actually see more parabolic price action, target placed at $0.31
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.