FieryTrading

🔥 FTM Massive Inverse Head & Shoulders: Big Move Coming

Long
BINANCE:FTMUSDT   Fantom / TetherUS
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.

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