Notice: if 0.7492 test as resistance, we can open short position with suitable R/R
First target 0.7072
Second target 0.6649
Let's see what
4 hours ago
Trade active
Short position active
LIVEDiganta
--
FTM IN 4H TIME FRAME
$FTM
Hi dear traders
The price is moving below the 0.7492 support, which was lost with selling pressure.
If the downward trend continues, the price will probably move towards the support of 0.6649. The next support area is 0.6355.
On the other hand, if the price can stay near the support level of 0.7492 and return from this level, we will probably see the price move towards the resistance level of 0.7730.
Overall, the trend of the chart indicates a downward correction.
Let's see what happens
This is not financial advice ( DYOR )
Good luck đ
Hi dear traders
The price is moving below the 0.7492 support, which was lost with selling pressure.
If the downward trend continues, the price will probably move towards the support of 0.6649. The next support area is 0.6355.
On the other hand, if the price can stay near the support level of 0.7492 and return from this level, we will probably see the price move towards the resistance level of 0.7730.
Overall, the trend of the chart indicates a downward correction.
Let's see what happens
This is not financial advice ( DYOR )
Good luck đ
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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