$FTM - update:
Like $MATIC the price hasn't move much from the local bottom.
It remain bearish on the Daily and stuck below the H4 downtrend❗️
The next major move will depend on $BTC ; we can expect:
1- Breakout of retest of the trend 📈
2- Rejection & new low possible📉
🔴If my BTC scenario is correct and as long as #ftm price is stuck below the 0.700$ there is a big chance to see another dump toward 0.60 - 0.580 or even 0.550$ 📉❗️
Regarding this update:
➡️I recommend you to close your long positions on #alts or book profits ❗️❗️ ❗️(except for LONG TERM HOLDERS)!
🔴We will probably see another crash on, the market, especially if #BTC is unable to break the 60 000 - 60 500$ zone!