🔥 FTM another Bear Flag

١٦ يونيو ٢٠٢٢

Over the last couple of days, FTM (and many other alts) seem to be holding up quite well, even with BTC dumping hard.

However, I think that this relief is only temporary. FTM has been forming a bear-flag over the last couple of days, which I think will break bearish sooner or later.
Hard to say when it exactly will break down, since we can still re-test the top resistance for another time, but eventually we will.

In the near-term I'm aiming at a $0.2 target, longer-term $0.16