š„ FTM On Macro Bullish Support: Bounce Or Fall

Around two weeks ago I made an analysis on FTM and the bearish price action that I was expecting.

The above trade was a great success, congratulations if you took the trade.
As of today, FTM has seemingly found support at the long-term bullish trend line which has been supporting bullish price action since the COVID crash.
In case BTC will stabilize over the coming days, we can expect FTM to show us further bullish strength, potentially making a shot at $0.8 to $1. However, the sky is not clear yet for this coin. In case we see more downside for BTC, I'd expect FTM to follow.
My bear-market bottom target would be at $0.16, which is the low of 2021's summer bear and also a 95% drop from the ATH. This would be my ideal area of entry.

The above trade was a great success, congratulations if you took the trade.
As of today, FTM has seemingly found support at the long-term bullish trend line which has been supporting bullish price action since the COVID crash.
In case BTC will stabilize over the coming days, we can expect FTM to show us further bullish strength, potentially making a shot at $0.8 to $1. However, the sky is not clear yet for this coin. In case we see more downside for BTC, I'd expect FTM to follow.
My bear-market bottom target would be at $0.16, which is the low of 2021's summer bear and also a 95% drop from the ATH. This would be my ideal area of entry.
šÆOfficial Channel: t.me/FieryTradingChannel
šTry my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
ā Monster Signals: t.me/monster_cryptosignals
š„Premium Signals: fierytrading.com
šTry my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
ā Monster Signals: t.me/monster_cryptosignals
š„Premium Signals: fierytrading.com
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šÆOfficial Channel: t.me/FieryTradingChannel
šTry my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
ā Monster Signals: t.me/monster_cryptosignals
š„Premium Signals: fierytrading.com
šTry my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
ā Monster Signals: t.me/monster_cryptosignals
š„Premium Signals: fierytrading.com
Publikasi terkait
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.