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Erictaylor
Jan 16, 2022 3:35 PM

FTM 

FTM / USTBitfinex

Description

FTM is looking pretty bullish it does look like it needs to pull back here so buying some corrective dips would actually be a great opportunity here. When it broke the 2$ dollar range It ran up close to the three dollar range and got rejected came back to back test the 218 level of resistance as support and now has pulled up and made a new high. I see a lot of resistance at 3.32 But my key thing I’m watching is 297 to 315 if we can get a pull back and confirm that as new support there should be a pretty easy ride up to 450. So in conclusion I’m looking for a pullback I’m not sure how deep it’ll go but I’m definitely gonna be watching it and setting alerts right now I’m targeting 314, with the exception as low as 2.97
Comments
BlockchainFaith
Think we might still get 2.97?
Erictaylor
@BlockchainFaith Mabey even 2.86 but kind of spotted a rising wedge but I’d love to see long consildation on 2.97-3.07. Otherwise 286 is las key important level before 2.21 which is overal main support of trend
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