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
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
Comment:
The price has been respecting a trend. The trend is your friend until the end
Comment:
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
Comment:
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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