Will the FTM rebound again before the support?
Hi to all,
Looking at the FTM / USDT chart on the 4H interval, you can see that we are in a place where the price has already rebounded several times. It is also worth adding that the CHOP indicator indicates an increase in energy that can be used soon.
We currently have support at $ 1.87, if the price drops lower, another support at $ 1.53.
However, looking at the resistance, we can find 3 places where the price can stop at $ 1.99, $ 2.08, $ 2.14.
Looking at the FTM / USDT chart on the 4H interval, you can see that we are in a place where the price has already rebounded several times. It is also worth adding that the CHOP indicator indicates an increase in energy that can be used soon.
We currently have support at $ 1.87, if the price drops lower, another support at $ 1.53.
However, looking at the resistance, we can find 3 places where the price can stop at $ 1.99, $ 2.08, $ 2.14.
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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.