FTM Weekly Outlook
Scenario 1:
FTM continues it's downtrend. Potential reversal at 0.63 - 0.68 range at the bottom median line of the main Pitchfork.
Scenario 2:
FTM has reversed course and tries to break out of the downtrend at it's current location. Price target to center median line start at about 1.90. It's a sloped line so price could go higher to reach center median line as more time passes.
Long term bullish scenario:
FTM reaches the top median of the Pitchfork.
Long term bearish scenario:
FTM doesn't survive the rug-pull.
FTM continues it's downtrend. Potential reversal at 0.63 - 0.68 range at the bottom median line of the main Pitchfork.
Scenario 2:
FTM has reversed course and tries to break out of the downtrend at it's current location. Price target to center median line start at about 1.90. It's a sloped line so price could go higher to reach center median line as more time passes.
Long term bullish scenario:
FTM reaches the top median of the Pitchfork.
Long term bearish scenario:
FTM doesn't survive the rug-pull.
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