FTM resistance zone
FTM resistance zone
(on daily chart)
1. big move up around 99 bars Volume 22.47B
2. move down around 39 bars but cannot pass moving average 200 day Volume 4.812B.
3. move up again 43 bars but cannot break all-time-high as 3.3351 Volume 5.899B.
4. move down until today around 36 bars but it's pass moving average 200 day Volume 4.977B
imagine from cycle and support resistance (including Volume).
this zone nearly end of cycle down.
First resistance should be 1.31 - 1.14 (because it's over moving average 200 day).
Second resistance should be 0.42 (because it's over moving average 200 day).
but if it panic
Resistance should be 0.19
(on daily chart)
1. big move up around 99 bars Volume 22.47B
2. move down around 39 bars but cannot pass moving average 200 day Volume 4.812B.
3. move up again 43 bars but cannot break all-time-high as 3.3351 Volume 5.899B.
4. move down until today around 36 bars but it's pass moving average 200 day Volume 4.977B
imagine from cycle and support resistance (including Volume).
this zone nearly end of cycle down.
First resistance should be 1.31 - 1.14 (because it's over moving average 200 day).
Second resistance should be 0.42 (because it's over moving average 200 day).
but if it panic
Resistance should be 0.19
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.