FTM/USD 8H possible correction?
Hello everyone, let's look at the 8H FTM to USDT chart, in this situation we can see how the price has broken out of the local downtrend line, which it is currently moving above.
Let's start by defining the targets for the near future that the price must face:
T1 = $0.75
T2 = $0.86
Т3 = $1.02
Т4 = $1.19
Now let's move on to the stop-loss in case the market continues to fall:
SL1 = $0.60
SL2 = $0.49
SL3 = $0.42
SL4 = $0.32
It is worth looking at the RSI indicator, which shows how strongly we have broken out of the upper limit of the range, moreover, here we can see how we have touched the level of 81, at which price rebounds were previously visible.
Let's start by defining the targets for the near future that the price must face:
T1 = $0.75
T2 = $0.86
Т3 = $1.02
Т4 = $1.19
Now let's move on to the stop-loss in case the market continues to fall:
SL1 = $0.60
SL2 = $0.49
SL3 = $0.42
SL4 = $0.32
It is worth looking at the RSI indicator, which shows how strongly we have broken out of the upper limit of the range, moreover, here we can see how we have touched the level of 81, at which price rebounds were previously visible.
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.