Helli Trading view community, should you like this analysis, please support with likes and comments. Thanks. FTM has made a double top in weekly time frame which is a strong bearish pattern beside it is just testing its dynamic trend line again, if FTM can break the trend line it may crash into $1.25 static support zone which may be broken as well due to bearish trend of market. The worst senario for FTM is just down there if bulls could not support the cryptocurrency properly, it may even crash into $0.96 and then $0.59 respectively. This senario may take place within several weeks from now on. This is a personal idea and I am not a financial adviser.
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.