FTM has a correction and is back in the support area
Hello everyone, let's take a look at the FTM to USDT chart on the 1H interval. As you can see, the price is moving in the triangle marked with the blue lines.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 0.3772, if the support breaks down, the next ones are $ 0.3478 and $ 0.3247 and $ 0.2847.
Now let's move from the resistance line as you can see the first resistance is $ 0.4256, if you can break it the next resistance will be $ 0.4740 and $ 0.5349 and $ 0.6148.
Looking at the CHOP indicator, we can see that in the 1H interval we have exhausted energy.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 0.3772, if the support breaks down, the next ones are $ 0.3478 and $ 0.3247 and $ 0.2847.
Now let's move from the resistance line as you can see the first resistance is $ 0.4256, if you can break it the next resistance will be $ 0.4740 and $ 0.5349 and $ 0.6148.
Looking at the CHOP indicator, we can see that in the 1H interval we have exhausted energy.