RE Accumulating in FTM
Hello Traders !
Beside of well fundamental of FTM/USD ! We are currently at retracement phase of wyckoff theory !
I expect lower price for FTM . Market needs to take more coins at end of phase C of re-accumulation phase and it contain more lower price pressure to the down side and increasing volume . at this point we call it Point Of Fear !
So overall i see FTM in a very good uptrend .
Minimum Target : 10$
Beside of well fundamental of FTM/USD ! We are currently at retracement phase of wyckoff theory !
I expect lower price for FTM . Market needs to take more coins at end of phase C of re-accumulation phase and it contain more lower price pressure to the down side and increasing volume . at this point we call it Point Of Fear !
So overall i see FTM in a very good uptrend .
Minimum Target : 10$
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.