🔥 FTM Head & Shoulders: Peaking Into The Abyss
FTM has been one of my favorite tokens during the bull-run, but has lost nearly all of its value over the last two years. In its current state, it's one of the weakest big alts.
In my eyes, there's potential for more bearish price action in the future. I think that FTM can fall as far as 0.03 USD. Consequently, this would be my ideal area to step in for a long-term position.
I'm waiting until the price closes below the neck-line of the pattern before making an entry.
In my eyes, there's potential for more bearish price action in the future. I think that FTM can fall as far as 0.03 USD. Consequently, this would be my ideal area to step in for a long-term position.
I'm waiting until the price closes below the neck-line of the pattern before making an entry.
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