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Altcoins Chart Analysis Coin - FTM (FTM/USDT) Time Frame - | Crypto Trades

Altcoins Chart Analysis

Coin - FTM (FTM/USDT)

Time Frame - Weekly

https://www.tradingview.com/x/AHEKDuB4

FTM, one of the strong fundamental coins that has fallen back to weekly demand zone after that Impulsive 4x move since Jan beginning. This phase is similar to Phase between Anger and Depression of psychology of market cycle by wall Street. Though a retest of Yearly Open at 0.2$ is very much likely, therefore this Trade by all means is a positional buy setup and make take 2-6 months to mature

Accumulation Zone 0.16 ~ 0.245 (Current price)

Targets - 0.28/ 0.32/ 0.4/ 0.7/ 1.40

Invalidation - Daily close below 0.15$

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