FTM is heading for a level greater than 1usd
$FTM after bottoming out in early August, it has been gradually increasing in an ascending top/bottom pattern, which is a sign of support for a sustainable price increase
FTM price when testing the MA100 line (strong support) on November 3 increased continuously for 1 week and created a new peak at 0.83. The breakout has confirmed an uptrend at least on the D frame.
Currently FTM price is correcting and is around the 0.7u area, this is a pretty good entry candle aiming for TP level at 1u (profit 40%)
However, it would be better to set limit at 0.62-0.65 as this is the area that created many supply and demand zones in the past (liquidity zone)
Tp 1: 0.98-1u
Tp 2: 1.22-1.23 (peak of March 24)