$FTM lower timeframe range

FTM is showing relatively strength over the last 24 hours
Nice bounce from daily demand zone, with 58.84% increase from the lows
4-hour timeframe:
Price is currently retesting the 4-hour ema200 (green), we can expect a rejection at this level
1-hour timeframe:
$0.37 is acting as support (equilibrium), if we can manage to hold this level, a clear path toward $0.45. Failure to do so, revisiting the lows $.30 to $0.28 is plausible
Nice bounce from daily demand zone, with 58.84% increase from the lows
4-hour timeframe:
Price is currently retesting the 4-hour ema200 (green), we can expect a rejection at this level
1-hour timeframe:
$0.37 is acting as support (equilibrium), if we can manage to hold this level, a clear path toward $0.45. Failure to do so, revisiting the lows $.30 to $0.28 is plausible
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Tealstreet.io Trade Faster & Trade Easier
Content in partnership with:
twitter.com/mooncakexbt
twitter.com/huskyXBT
Content in partnership with:
twitter.com/mooncakexbt
twitter.com/huskyXBT
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.