FTMUSDT
Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for FTMUSDT
In this chart, there is R1 as the long-term resistance line and it shows that the price was unable to have a rise. S1expresses a long-term support line that means the support of the price at several points. And R2 area used to be support area and the well support of the price at some points is clear. At the present, the price is fluctuating in a descending channel and below R1 line and we predict a rise for it over R1 and toward R2 and then a decline for the price is probable after that. In case the price moves above R2 and fixes there, then we will have more rise over $0.5000 for it. Even it is possible for the price to lose the support and face a decline down to S1 and even below it.
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
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for FTMUSDT
In this chart, there is R1 as the long-term resistance line and it shows that the price was unable to have a rise. S1expresses a long-term support line that means the support of the price at several points. And R2 area used to be support area and the well support of the price at some points is clear. At the present, the price is fluctuating in a descending channel and below R1 line and we predict a rise for it over R1 and toward R2 and then a decline for the price is probable after that. In case the price moves above R2 and fixes there, then we will have more rise over $0.5000 for it. Even it is possible for the price to lose the support and face a decline down to S1 and even below it.
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.
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.