Long
Is FTMUSDT About to Make a Major Move?
Yello Paradisers! Are you ready for what could be a significant bullish move on FTMUSDT? Let’s dive into the chart and break it down.
💎FTMUSDT has been following a descending channel and recently formed an inverse head and shoulders pattern, which increases the probability of a bullish breakout.
💎If FTMUSDT breaks out and closes a candle above the resistance zone, this will validate both the inverse head and shoulders pattern and the descending channel, giving us a stronger confirmation of a potential bullish move.
💎On the other hand, if we see a pullback from the current level, we could expect a bounce from the support zone, potentially forming a double bottom pattern. However, to increase our confidence in a bullish reversal, we’ll need to see an I-CHoCH (internal change of character) signaling a shift in market structure.
💎But remember, if FTMUSDT breaks down and closes a candle below the support zone, this would invalidate our bullish scenario entirely.
🎖 That’s why, Paradisers, patience and discipline are key. Always wait for clear confirmations before taking action. Consistency is the way to long-term profitability in this market!
MyCryptoParadise
iFeel the success🌴
💎FTMUSDT has been following a descending channel and recently formed an inverse head and shoulders pattern, which increases the probability of a bullish breakout.
💎If FTMUSDT breaks out and closes a candle above the resistance zone, this will validate both the inverse head and shoulders pattern and the descending channel, giving us a stronger confirmation of a potential bullish move.
💎On the other hand, if we see a pullback from the current level, we could expect a bounce from the support zone, potentially forming a double bottom pattern. However, to increase our confidence in a bullish reversal, we’ll need to see an I-CHoCH (internal change of character) signaling a shift in market structure.
💎But remember, if FTMUSDT breaks down and closes a candle below the support zone, this would invalidate our bullish scenario entirely.
🎖 That’s why, Paradisers, patience and discipline are key. Always wait for clear confirmations before taking action. Consistency is the way to long-term profitability in this market!
MyCryptoParadise
iFeel the success🌴
Note
💎Just like clockwork, #FTMUSDT is tracing our forecast, hitting that sweet 46.34% growth mark.
💎Now is the ideal moment to lock in some profits, Paradisers. To ensure maximum safety, set your stop-loss at breakeven.
💎Securing gains while minimizing risk is how we stay ahead in the market. Remember, patience and discipline are the keys to long-term success. Let’s keep it smart and strategic!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.