As BTC continues to hover at 18-20K support demand for FTM will continue to dry up. It looks to be forming a wedge that completes at the July 2021 support. This major support is very near and will act as a magnet. I think we get a good bounce from here (check my previous analysis of BTC expanding flat) and this will spark our movement up!
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.