🔥 FTM Fibonacci + RSI Bounce Signal

With BTC selling off, alts are naturally following suit. However, I think that it's more likely than not that alts will bounce soon.

As for FTM, this token is currently around 30% down from the top after a massive run-up. The 4H RSI is oversold for the first time since the huge run-up started in January. Furthermore, the price is currently sitting at the 0.382 Fibonacci retracement, which often functions as a strong support during up trends.

Target at the current local top of 1.20$.
Bitcoin (Cryptocurrency)BTCChart PatternscryptofantomFibonacci RetracementFTMTechnical IndicatorsTrend Analysisusdt

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