With the current downfall of the market, it's to be expected that alts will be bleeding.
One of the bearish break outs that has currently appeared is on the chart of FTM. Before being able to fall further, FTM has to get through the yellow area of support marked on the chart.
As soon as the yellow area has been taken out, I'm expecting a further bearish move towards the lower support of the bearish channel.
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