Short

FTMUSDT

335
Hello Crypto Lovers,

Mars Signals team wishes you high profits.

This is a one-day-time frame analysis for FTMUSDT

Here we have R2 that used to be a support area. R1 is our resistance line in which expresses the price was unable to rise. And S1 and S2 are the support areas at the bottom of the chart. Thus, we have the price fluctuating below R1 and we expect it will have a fall after reaching the mentioned line. If we receive some confirmation candles to fall, our short position is activated and a decline will happen toward S1. It is not so probable at the moment that the price moves above R1 and have more increase.

Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.

Wish you luck

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.