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FTMUSDT wants the Demand Zone?
FTMUSDT has bounced on a dynamic support level, which means that the price has been supported by an upward-sloping trend line drawn through recent lows. This is a positive sign for FTMUSDT, as it indicates that there is buying pressure in the market and that traders are interested in purchasing the cryptocurrency at these levels.
However, there is also the possibility that the price of FTMUSDT could retest the 0.382 Fibonacci retracement level. If this were to happen, it would create a new bearish impulse, which means that the price would likely fall further until it reaches the 0.42 $ level. If the price does reach this level, it would satisfy Plancton's Rules, which are a set of technical analysis principles that traders can use to identify potential short positions in the market.
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Follow the Shrimp 🦐
Keep in mind.
However, there is also the possibility that the price of FTMUSDT could retest the 0.382 Fibonacci retracement level. If this were to happen, it would create a new bearish impulse, which means that the price would likely fall further until it reaches the 0.42 $ level. If the price does reach this level, it would satisfy Plancton's Rules, which are a set of technical analysis principles that traders can use to identify potential short positions in the market.
–––––
Follow the Shrimp 🦐
Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
- ⚫️ Black structure -> <= 1h structure.
Not
The price is testing the demand zone as I told you Not
More if the price is going to lose the supportNot
21% Not
27% Not
another 20% Not
50% 
Feragatname
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