50% Bounce Off Lows, Recovery Soon?

アップデート済
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.

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トレード終了: 利益確定目標に到達
Pulled back to Demand Zone for a nice pop off of support. Target reached.
FTMFTMUSDTTrend Analysis

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