Long
FTM/USDT (5$ IMMINENT ?)
At first, as we can see, FTM / USDT is in a triangle, we have strong support at $ 1.81 with POC and our support diagonally.
-We can see that the rsi is at 42, once the 50 mark has passed the bullish momentum will resume daily!
-The stoch seems to be near the oversell area, so possible to climb.
-Several resistances are represented we are currently trading at 0.618 which acts as support once passed so we can enter the buy zone!
The target would be $ 5 if we calculate the possible breakout
finally to finish, bitcoin seems to be in a good position but be careful of the reversal anyway
Thank you, never forget that trading reflects the probability of the market
-We can see that the rsi is at 42, once the 50 mark has passed the bullish momentum will resume daily!
-The stoch seems to be near the oversell area, so possible to climb.
-Several resistances are represented we are currently trading at 0.618 which acts as support once passed so we can enter the buy zone!
The target would be $ 5 if we calculate the possible breakout
finally to finish, bitcoin seems to be in a good position but be careful of the reversal anyway
Thank you, never forget that trading reflects the probability of the market
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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.
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.