Hello friends ! special happy Nowruz to my Persian friends !
. as you can see I already explain about the highs on the chart ! once again market refuse to show us strong supply . that is a good news !
-the other thing I wanted to talk about is we have 2 other reaction in the area !
No.1 February 2021
No.2 May 2021
. like analysis before unless the current high price went for high spread rejection and made a huge downward move !
. Now we do not see this move which means to me that market try to reach upper highs and higher price to look :D
. I give the strong upward move a great chance here but market is not perfect and we are not perfect either so there is a slightly chance for market to retrace a little bit (-30% XD)
overall check on FTM is quietly good .
. as you can see I already explain about the highs on the chart ! once again market refuse to show us strong supply . that is a good news !
-the other thing I wanted to talk about is we have 2 other reaction in the area !
No.1 February 2021
No.2 May 2021
. like analysis before unless the current high price went for high spread rejection and made a huge downward move !
. Now we do not see this move which means to me that market try to reach upper highs and higher price to look :D
. I give the strong upward move a great chance here but market is not perfect and we are not perfect either so there is a slightly chance for market to retrace a little bit (-30% XD)
overall check on FTM is quietly good .