FTM touched the $0.70 resistance line and pulled back shortly after. Support at $0.65.
Nota
The market caught me slipping yesterday and I missed my $0.70 mark. I'm still playing the same resistance with a new support of $0.60. FTM should break resistance this coming week and play above the break. Sunday is bullish, and I can only see the chart climb tomorrow. The last green candlestick with an extended bottom wick is a good sign for a bull.
Nota
I stand corrected. It's a bear Monday 9/23. A green candle formed at the beginning of the day, which will hopefully give way for a retest later this week. The last three red candle sticks definitely puts fear in the equation. I'm still playing support at $0.60.
Nota
12hour chart.
Nota
FTM has retested its price. The 4-hour, 8-hour, 12-hour, daily, and weekly charts are bullish. There was a lot of good buying volume today, which pushed for a new resistance. I'm playing support at $0.62.
Nota
There has been sideways movement since the last break on 9/18. Strong retest with the price hitting the $0.70 resistance twice, with pullbacks on both occasions. The recent pullback currently sits higher than the previous, with the price leveling out around the $0.65 range. RSI/ROC indicator reads neutral momentum. The 20 and 200 moving average are following an uptrend momentum that looks Long. I'm sitting on my bags playing the same support.
Nota
FTM is in a hard retest with slow momentum. 20 and 200 moving averages still hold strong for a long position. Honestly, it looks like a good buy-in before the next pump.
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