Ftmusdtbuy
FTM target 1.141D time frame
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FTM is creating a double bottom structure, which spends around 600 days so far. According to Fibonacci Extension, we can have final target for this structure. However, neckline 0.65 is the obvious resistance that might reject price to keep pumping firstly. Also, FTM is doing a potential Elliott impulse wave on lower time frame, that would provide momentum for FTM to get closer to neckline.
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TP: 1.14
SL: 0.2694
FTM good to buy Here you can see FTM fall down 1.20 USDT because of BTC. Actually, Altcoins fall down if BTC continuously breaks every support.
Here is the best position to buy FTM at 1.15 USDT to 1.05 USDT . This is the accumulation zone for FTM.
My target will be for take profits on FTM :
1st Target: 1.28 USDT
2nd Target: 1.41 USDT
3rd Target: 1.72 USDT
The price will start up when BTC gets its stable position
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