Trade Idea for FTMUSDT
Updated
The crypto market is in a general uptrend so we can expect coins to rally until BTC reverses. BTC had a slight retrace, bringing alts down to a key support zone. FTM is now within said support and is preparing for a rally as BTC is recovering from its retracement.
Trade closed: stop reached
Trade hit SL. I am re-entering just below the SL price with a new stop at 0.7663.
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.