FTMUSDT 3D FTM price "make it or break it"

20 сент. 2022 г.

Today we will consider the global chart of FTMUSDT on a 3-day timeframe

From 2020 to 2022, a growth trend continued with sky-high %% growth.
In May 2022, the growth trend finally broke down in the liquidity zone of $0.67-0.80
In June - July 2022, sellers and buyers reached a compromise zone - a conditional bottom near $0.20
A retest of the +/- $0.20 liquidity zone is now taking place, and a Double Bottom reversal figure is likely to form
I would like to believe this, because as you can see on the graph, below $0.20 there is a total void of liquidity and the probability of devaluing FTM by 10 times.

Only the fact that:
- May-July 2021 - BTCUSDT price on the bottom +/- $30,000, FTMUSD price +/- $0.20
- May-July 2022 price of BTCUSDT on the bottom +/- $18000 (-40%), FTM price unchanged on the bottom +/- $0.20

That is, it can be assumed that FTM is purchased in a pair of FTMBTC, which gives hope that the Fantom is still interesting to large investors.
And therefore, the growth of the FTMUSD price, at least to the above-mentioned liquidity zone of $0.67-0.80, is completely real, and this is x3 from the current price.
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