🔥 FTM Entered Massive Support Area: Horizontal Channel
Like many other alts, FTM has seen strong downward pressure over the last couple days. However, the end of the sell-off might be closer than we think.
FTM has entered the support area of a huge horizontal channel, which dates back to late October. These areas offered resistance and support on multiple occasions, so there's a decent probability that it will again.
Be aware that the overall macro environment is key. If we get a lot of bad news, like war, TA won't matter much and we will go down no matter what.
Happy trading!
FTM has entered the support area of a huge horizontal channel, which dates back to late October. These areas offered resistance and support on multiple occasions, so there's a decent probability that it will again.
Be aware that the overall macro environment is key. If we get a lot of bad news, like war, TA won't matter much and we will go down no matter what.
Happy trading!
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
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🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
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.
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
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.