FTM - Breakout or Breakdown

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If FTM can break the resistance at $0.035, we could see a move towards the next resistance at $0.039. If it can clear both of these resistances and close candles above these resistance zones, we could start seeing an impulse towards $0.048 and $0.064. Failure to break the resistance could lead to a drop towards $0.029 and $0.026. Currently it is trading in between resistance and support. A trade should be taken when the price of FTM reaches one of the 2 zones.

Feragatname

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