FTM is arguably the largest winner since the huge bullish reversal in late July. However, with Bitcoin losing strength, FTM lost over 30% of the gains, losing almost all gains of last week.
In my view, there's currently not a major support in sight. So, unless BTC reverses substantially in the coming hours, FTM will likely fall further.
My main area of reversal is the zone between $0.96 (previous ATH) and $1.15 (local top & re-tested support). Main target for the potential reversal is $1.50.
Happy trading!
In my view, there's currently not a major support in sight. So, unless BTC reverses substantially in the coming hours, FTM will likely fall further.
My main area of reversal is the zone between $0.96 (previous ATH) and $1.15 (local top & re-tested support). Main target for the potential reversal is $1.50.
Happy trading!
๐ฏOfficial Channel: t.me/FieryTradingChannel
๐Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
โ Monster Signals: t.me/monster_cryptosignals
๐ฅPremium Signals: www.fierytrading.com
๐Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
โ Monster Signals: t.me/monster_cryptosignals
๐ฅPremium Signals: www.fierytrading.com
