Long
FTMUSDT
FTM looks bearish on the short term, bullish on the mid term.
FTM could retest it's major support at 0.92-0.95 as shown on the chart.
Daily RSI did not manage to break the downtrend nor the price did amd now heading to the bottom of the trend.
My thoughts are FTM will revisit 1-0.9 area bounce to 2.00 and breaking the downtrend as long as daily RSI manage to hold support on the base of the triangle.
If Daily RSI breaks the downtrend we could see FTM heading to new ATH, if not daily RSI will be heading to the oversell area hence taking FTM price to a new low around 0.4-0.5.
All eyes are on the Daily RSI and it's trend if it could breakup or down the trend.
FTM could retest it's major support at 0.92-0.95 as shown on the chart.
Daily RSI did not manage to break the downtrend nor the price did amd now heading to the bottom of the trend.
My thoughts are FTM will revisit 1-0.9 area bounce to 2.00 and breaking the downtrend as long as daily RSI manage to hold support on the base of the triangle.
If Daily RSI breaks the downtrend we could see FTM heading to new ATH, if not daily RSI will be heading to the oversell area hence taking FTM price to a new low around 0.4-0.5.
All eyes are on the Daily RSI and it's trend if it could breakup or down the trend.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.