BINANCE:FTMUSDT   Fantom / TetherUS
Hello Crypto Lovers,

Mars Signals team wishes you high profits.

This is a one-day-time frame analysis for FTMUSDT

According to our previous analysis on November 6, we predicted a falling trend to happen and now one of our targets is hit. There are R2 and R1 that used to be support areas. And S1 is a long-term support line in which the well support of price is obvious. Hence, we have the price fluctuating over S1 and we believe it will have a rising trend to reach R1 and our long position of channel is activated then. In case the price fluctuates and fixes over R1, more rise is there for it. Even it is less probable that the price falls below S1 and have more decline. Wait for our updates.

Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.

Wish you luck

Related Ideas

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.