FTM is bleeding
If spot trading I would suggest a DCA strategy if you're planning to invest in this one and add every 5-10% that could go push to 80-100%. But for trades I wouldn't trade this one.
1. We are testing 200smma support in DAILY TIMEFRAME also almost the same price of our first support, 20/50smma just bearish cross too. This is good support but If we ever break the support then the price will probably test the next major support.
2. Price could still go side way between support and resistance but I suggest to try to stay away or lessen your trade here..
3. in 1h timeframe the Resistance could be tested.
If spot trading I would suggest a DCA strategy if you're planning to invest in this one and add every 5-10% that could go push to 80-100%. But for trades I wouldn't trade this one.
1. We are testing 200smma support in DAILY TIMEFRAME also almost the same price of our first support, 20/50smma just bearish cross too. This is good support but If we ever break the support then the price will probably test the next major support.
2. Price could still go side way between support and resistance but I suggest to try to stay away or lessen your trade here..
3. in 1h timeframe the Resistance could be tested.