Orion-Markets

FTMUSDT Short Idea

Corto
All cryptos are facing big corrections right now, with Bitcoin down 10% since last week. FTM is one of the only Alt-coins that hasn't seen a big price drop yet, due to the trading volume and market capitalisation. However as BTC usually drives this market, it's likely for FTM to also fall from its current levels. To mitigate risk, the stop-loss is 5% from the entry point. The target is a retest of the previous support level, $1.45.

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