Fantom / TetherUSShort
FTM | Fantom further downside expected
Should FTM not be able to reclaim the $1.00 level, I could see it dipping towards the next area of support at the $0.48 - 0.6 levels.
However, if we should have overall favorable conditions, I could see it correcting from its current downtrend towards the MA50 and/or its main resistance trend line, before retesting $1.00 again and falling below towards the indicated area of support.
For now I like to wait on the sidelines until I see a clear direction for either case. If you have question, feel free to ask.
Let's see how this plays out.
Thanks for your support.
Have a good one.
However, if we should have overall favorable conditions, I could see it correcting from its current downtrend towards the MA50 and/or its main resistance trend line, before retesting $1.00 again and falling below towards the indicated area of support.
For now I like to wait on the sidelines until I see a clear direction for either case. If you have question, feel free to ask.
Let's see how this plays out.
Thanks for your support.
Have a good one.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.