Panjang
📉📈 FTM Forming A Bearish Wedge 🔄💼
Trade Overview:
FTM is forming a bearish wedge pattern, suggesting a potential downward move, particularly with the anticipation of bearish news this week.
Trade Strategy:
Entry: Consider laddering into spot positions between $0.55 to $0.45, allocating 50% of the position within this zone.
Confirmation: Look for price to close above the 200-day MA on the daily timeframe within this zone, indicating bullish momentum and flipping the zone into support.
Take Profit: Set a take profit target at $0.80, with the next area of resistance at $1.
📊🔍 Monitor FTM's price movement closely for entry confirmation and adjust strategy accordingly! #FTMTrading #CryptoAnalysis 🌐🔒
FTM is forming a bearish wedge pattern, suggesting a potential downward move, particularly with the anticipation of bearish news this week.
Trade Strategy:
Entry: Consider laddering into spot positions between $0.55 to $0.45, allocating 50% of the position within this zone.
Confirmation: Look for price to close above the 200-day MA on the daily timeframe within this zone, indicating bullish momentum and flipping the zone into support.
Take Profit: Set a take profit target at $0.80, with the next area of resistance at $1.
📊🔍 Monitor FTM's price movement closely for entry confirmation and adjust strategy accordingly! #FTMTrading #CryptoAnalysis 🌐🔒
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.