🔥 FTM Head & Shoulders: Bearish Break Out!
A couple of weeks ago I made an analysis on FTM where I argued that FTM would likely see more bearish pressure in the near future.
As of today, FTM has successfully broken out through the bottom support neckline of the H&S pattern. Personally, this is the bearish signal I was waiting for to confirm the pattern.
My targets remain the same as before. In the near term, a drop towards $0.15 is my most likely scenario. If we get a full market sell-off in stocks, we might actually fall further and move towards my second target at $0.055, we'll see how far we get.
As of today, FTM has successfully broken out through the bottom support neckline of the H&S pattern. Personally, this is the bearish signal I was waiting for to confirm the pattern.
My targets remain the same as before. In the near term, a drop towards $0.15 is my most likely scenario. If we get a full market sell-off in stocks, we might actually fall further and move towards my second target at $0.055, we'll see how far we get.
🎯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
Похожие публикации
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.