FTM doom predictions and golden opportunity

FTM looks bearish.
Expecting a small bounce and getting rejected from the resistance .

Many altcoins have started making new lows so we believe that FTM will catch up and 0,1590 support will fail.

Looking for a buy orders in the green area:
0,055 - 0,038 usd

Long way to go. FTM may drop another 80 % from the current levels.

2 possible scenarios are shown on the chart.
Short it at the resistance or wait for a price to reach the buy zone .

Do you agree? Feel free to leave a comment
The price has been respecting a trend. The trend is your friend until the end
FTM reached 0,20 which may act as a temporary support . The bounce is likely here, but also further dump would be a big surprise
FTM remains bearish.
Order cancelled:
FTM created new range as support at 0.1590 held well. We're not expecting the price to reach the buy zone on this chart anymore

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