Long
🔥 FTM Potential Triangle Break Out
Around a week ago I made an analysis on FTM. Here I argued that there was potentially more bearishness for FTM in the short term.
The reversal zone I indicated did indeed cause a strong reversal. I expected the price to go deeper in the zone, but it appears that investors were hopping in at $1.15.
On the chart I've drawn a triangle. The price is very close to break out from here. Assuming BTC won't dump any further (ideally reverse) I'm expecting the price to reach $1.5 in the short-term. On the other hand, it might be the case that FTM wants to re-test the lower support of the triangle, keep an eye out.
If we're gonna have a green week next week, expect $1.65 very soon.
Happy trading!
The reversal zone I indicated did indeed cause a strong reversal. I expected the price to go deeper in the zone, but it appears that investors were hopping in at $1.15.
On the chart I've drawn a triangle. The price is very close to break out from here. Assuming BTC won't dump any further (ideally reverse) I'm expecting the price to reach $1.5 in the short-term. On the other hand, it might be the case that FTM wants to re-test the lower support of the triangle, keep an eye out.
If we're gonna have a green week next week, expect $1.65 very soon.
Happy trading!
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
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🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
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🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Pubblicazioni correlate
Declinazione di responsabilitÃ
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.