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FTM/USDT - Potential Short Scenario

Hello Traders!
FTM continues its downward price formation. Currently, the asset is testing the support level of $0.27.
The appearance of convergence on a two-day timeframe confirms the strength of a downtrend, the aggressive continuation of which will send the price to new support levels.
Soon we can assume that the downward movement will culminate in a withdrawal of $0.1025.
We can search medium-term entrances in the price range of $0.1025 - $0.1530.
The targets will be the price levels of $0.27 and $0.43
Good luck, and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
FTM continues its downward price formation. Currently, the asset is testing the support level of $0.27.
The appearance of convergence on a two-day timeframe confirms the strength of a downtrend, the aggressive continuation of which will send the price to new support levels.
Soon we can assume that the downward movement will culminate in a withdrawal of $0.1025.
We can search medium-term entrances in the price range of $0.1025 - $0.1530.
The targets will be the price levels of $0.27 and $0.43
Good luck, and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。