FTM has been one of the bigger winners of the last month. Even with Bitcoin showing signs of weakness, FTM is immune to it and just goes straight up.
The current move seems far from over. However, in case of a strong bearish move from BTC it's to be expected that FTM will go down as well. In that case, I'm looking at the red area of support, which ranges from $0.41 to $0.38.
First main support is the $0.58 resistance. It's not a very strong resistance, but it's one nevertheless. Main point of interest on this chart is the green area of resistance based at the ATH. In case FTM's bullishness continues, I can see a $1 FTM happening in the next few weeks.
Happy trading!
The current move seems far from over. However, in case of a strong bearish move from BTC it's to be expected that FTM will go down as well. In that case, I'm looking at the red area of support, which ranges from $0.41 to $0.38.
First main support is the $0.58 resistance. It's not a very strong resistance, but it's one nevertheless. Main point of interest on this chart is the green area of resistance based at the ATH. In case FTM's bullishness continues, I can see a $1 FTM happening in the next few weeks.
Happy trading!
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