FTM/USDT
FTMUSDT ---
🦾 **
FTM Bearish Trend Retest (HTF)** 🥶 **Unstable price zone** at the moment! ⏳
If we face another big dump for any reason, I'm planning to **spam the buy button** in the support zones around **0.850 - 0.820** and **0.800**! 🛒
As mentioned earlier, in these zones, expect **lots of up and down movements** before we see any major moves! ⚖️
A **breakout above $1.200** resistance is essential for the bulls! 🐂 (H4 View)
---
**Upper Key Resistances:**
🔝 $1.270 - $1.350
---
As I also pointed out in my **Bitcoin analysis**, we are likely at the start of a **bearish correction move** (medium-term). This scenario makes sense to me! ⚠️
The current **short-term upward correction** is probably a **FOMO pump** by small traders trying to test the **50% Fibonacci level** (a previous support zone). 🐟➡️🦈
**Whales** 🚨 and **retail traders** could soon start shorting the market again!
---
Possible scenario for
FTM (also applies to many other altcoins): - **Yesterday:** Bearish breakout 📉
- **Today:** Upward correction to retest the **50% Fibonacci** zone (Bull trap!) 🎣
- **Upcoming days:** Bearish continuation 📉
---
I trust my **instinct**, **experience**, and **analysis**! 🧠💪
We play **level by level**! Bulls definitely need more strength to take control here. ⚡
---
**Reminder:** This is **not financial advice**! 🚫
**Be cautious with long positions in the market**! ⚠️
---
Keep monitoring the levels carefully, and stay safe! 🛑
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.