🔥Hi, friends! All altcoins make a pullback with BTC. It was so expected. FTM falls to the closest imbalance at $0.42-0.44 and now tries to recover.
I make the 2 trading plans for you, friends.
📊 MY TRADING PLANS FOR FTM:
1. I can expect the pullback to the area of $0.52-0.57 and return to this imbalance which becomes the support.
Here we will try to find the entry point to long again but with targets above $0.66 local highs.
2. FTM returns to the value area of $0.47-0.48 and test it as the resistance.
The price has to fall below the local lows to take more sl of the long traders and make a false breakout. There will be a time to open the longs.
✅ MY TARGETS FOR FTM:
🔥 $0.6 - the key level
🔥 $0.65- the key level and local highs
🚩Traders, what targets do you have for FTM? What is your favourite altcoin to trade? Write your thoughts in the comments!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.