🔥 FTM Bounce From Support: Update

A few days ago I made an analysis on FTM and the horizontal channel it was trading in. I noted that the bottom area of support was likely going to hold and cause a bounce.

And there we are. FTM touched the lower bound of the support area and has been trading very bullish ever since. If BTC can maintain current levels, we might see a huge influx of new buyers coming to FTM (and alts in general). Long term target is the top area of resistance. Intermediate target around the $2.2 area.

Happy trading!