Ever since FTM topped early February, we've largely been trading bearish. However, with FTM finding support around the $0.40, it seems that this token is printing an inverse head & shoulders pattern, which is classically a bullish reversal pattern.
High-risk traders might want to enter the trade already and look for further upside. I will wait for the confirmation & break out of the H&S pattern. Wait for a break of the neck-line.
Near-term targets in blue.
High-risk traders might want to enter the trade already and look for further upside. I will wait for the confirmation & break out of the H&S pattern. Wait for a break of the neck-line.
Near-term targets in blue.
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