FieryTrading

🔥 FTM Head & Shoulders: On The Edge Of Darkness

Short
BINANCE:FTMUSDT   Fantom / TetherUS
FTM has been one of my favorite tokens during the bull-run, but has lost nearly all of its value over the last two years.

In my eyes, there's potential for more bearish price action in the future. I think that FTM can fall as far as 0.05 USD. Consequently, this would be my ideal area to step in for a long-term position.

I'm waiting until the price closes below the neck-line of the pattern before making an entry, which is safer.

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