FTM corrected 54% after the Supertrend Ninja – Clean signal on the 25th Jan (red vertical line on the background).

FTM is currently on a support level . The Stoch RSI is in oversold levels, but it hasn’t crossed up to the blue area yet. Also the price is below the Ichimoku cloud , which is bearish . The RSI and Constance Brown is in oversold area as well. If FTM bounces here, we will have a bullish divergence confirmed for the RSI . A few more days will give us some more clarity.

Bouncing up here 1.30 USDT is the next target. Dropping here 0.73 USDT is the next target. 0.59 USDT thereafter. The Supertrend Ninja – Clean tends hasn’t given a bullish signal for the time being (green vertical line on the background). Supports and Resistances are highlighted as grey blocks.

Thank you for reading.
Namasté 🙏

Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.