I have been watching S/USDT formerly FTM for some time now, on the Sonic chart there is a clear bullish bat pattern that hasn't yet caught a reaction or formal type I return.
On the FTM chart the same bullish bat is visible but is also happening inside a 139 day large bullish dragon.
The weekly MACD oscillator is showing bullish divergence with negative momentum decreasing at this key support resistance level.
I think its equitable to take a long position here based on the technicals targeting the hump and top of the dragon pattern.
Trade safely, stay hydrated.
On the FTM chart the same bullish bat is visible but is also happening inside a 139 day large bullish dragon.
The weekly MACD oscillator is showing bullish divergence with negative momentum decreasing at this key support resistance level.
I think its equitable to take a long position here based on the technicals targeting the hump and top of the dragon pattern.
Trade safely, stay hydrated.
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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.