🔥 FTM Fallen Through Long-Term Support
As of today, FTM has fallen through a long-term support at $0.95. In my view, FTM has shown a lot of weakness lately, and the fall of $0.95 is the start of a potentially longer-term correction.
Ultimately, I'd be looking for a bounce around the $0.6 area, given that BTC will find a bottom at that point. Long-term traders might want to avoid this token for a while because of the overly poor price action as of late.
Short-term traders might see a bounce in the coming days since the daily RSI is below 30 (oversold) for the first time in over 1.5 years.
Ultimately, I'd be looking for a bounce around the $0.6 area, given that BTC will find a bottom at that point. Long-term traders might want to avoid this token for a while because of the overly poor price action as of late.
Short-term traders might see a bounce in the coming days since the daily RSI is below 30 (oversold) for the first time in over 1.5 years.
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🎯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
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.