50% Bounce Off Lows, Recovery Soon?
Diupdate
Hello traders, today I’d like to discuss my analysis on FTMUSDT.
FTM’s price recently fell from 2.15 to 1.86. Since then it has recovered 50% from its February 2nd low. Should price turn support near this range, we anticipate a move towards the Supply Zone (2.07-2.10)
FTM has bottomed and broken out of the consolidation phase with that resistance line breakout.
So be ready!!!!
This trend analysis is not to be taken as financial advice; always do your research.
Questions are welcome in the comments below.
Please support this idea with your like and comment, thank you 🙏
FTM’s price recently fell from 2.15 to 1.86. Since then it has recovered 50% from its February 2nd low. Should price turn support near this range, we anticipate a move towards the Supply Zone (2.07-2.10)
FTM has bottomed and broken out of the consolidation phase with that resistance line breakout.
So be ready!!!!
This trend analysis is not to be taken as financial advice; always do your research.
Questions are welcome in the comments below.
Please support this idea with your like and comment, thank you 🙏
Trading ditutup: target tercapai
Pulled back to Demand Zone for a nice pop off of support. Target reached.
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