Hi guys,
FTM analysis as requested.
Please watch the video in order to get my opinion on FTM and what I am looking for with regard to a possible trade. At the moment in my opinion there is no trade and we have to wait for a better opportunity to present itself. As it stands I'm looking at FTM to continue moving lower as it looks like it has just lost a major supporting trend line. If you look at the one-hour timeframe you can see that strong move lower and then the bearish retest of that trend line.
I have set an alert to trigger when I think FTM is in an area of value and then I will reassess.
If you have any questions please let me know.
FTM analysis as requested.
Please watch the video in order to get my opinion on FTM and what I am looking for with regard to a possible trade. At the moment in my opinion there is no trade and we have to wait for a better opportunity to present itself. As it stands I'm looking at FTM to continue moving lower as it looks like it has just lost a major supporting trend line. If you look at the one-hour timeframe you can see that strong move lower and then the bearish retest of that trend line.
I have set an alert to trigger when I think FTM is in an area of value and then I will reassess.
If you have any questions please let me know.
BPOI - CRYPTO TRADING GROUP