Long
FTM - Oversold to Aug 5th 2024 Crash levels!
The selling on BINANCE:FTMUSDT is overdone on the 8H Chart
Last time the RSI was this low, was on the AUG 5th 24 crash lows!
The market is turning higher for ALTS, I can see FTM catching up and not going much lower from here, considering we're in the high volume node accumulation zone.
Coiled spring, ready for a bounce out of the accumulation zone.
Last time the RSI was this low, was on the AUG 5th 24 crash lows!
The market is turning higher for ALTS, I can see FTM catching up and not going much lower from here, considering we're in the high volume node accumulation zone.
Coiled spring, ready for a bounce out of the accumulation zone.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.