š„ 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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ā Monster Signals: t.me/monster_cryptosignals
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šTry my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
ā Monster Signals: t.me/monster_cryptosignals
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.