Over the last couple of days, FTM (and many other alts) seem to be holding up quite well, even with BTC dumping hard.
However, I think that this relief is only temporary. FTM has been forming a bear-flag over the last couple of days, which I think will break bearish sooner or later.
Hard to say when it exactly will break down, since we can still re-test the top resistance for another time, but eventually we will.
In the near-term I'm aiming at a $0.2 target, longer-term $0.16
However, I think that this relief is only temporary. FTM has been forming a bear-flag over the last couple of days, which I think will break bearish sooner or later.
Hard to say when it exactly will break down, since we can still re-test the top resistance for another time, but eventually we will.
In the near-term I'm aiming at a $0.2 target, longer-term $0.16
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