🔥 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
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.