FTM has dropped 50% since 02/03/2022 after key personnel associated with its project announced departure, this has left FTM near an area not touched since 09/21.

Looking at the 6H chart, we have Bullish Divergence + Hammer Fractal (currently this is still Subjective until a clear break in Market structure)

As the market has overextended to the downside – an automatic rally was very likely.

As a trading idea, price would need to be > $1.30s as this would clear a key level and the 50ema

I am early in my development in charting, any tips to improve would be very helpful – Many thanks 🙂