FTM Inside a Bull Flag! Another Round?
Updated
Bulls had to take some rest after massive buying of FTM, but since we've made a local top on FTM the bulls never let bears win!
The price of FTM is still conslidating under a BULL Flag and just to let you guys know, I've marked a previous Bull Flag that we formed before a massive rally.
If BULLS hold this flag and don't let Bears break down of this flag we might see another massive run-up for FTM.
Keep eyes on the bullish flag and major support and resistance areas are marked on the chart.
If Bitcoin holds here and market let FTM do something it'll be a good long!
We need some volume to break to the upside and if the price break to the upside of this bull flag with volume and if the price goes into price discovery the target will be huge for FTM.
Thank You and Good Luck.
Make sure to give a like and follow if you liked this idea :-)
The price of FTM is still conslidating under a BULL Flag and just to let you guys know, I've marked a previous Bull Flag that we formed before a massive rally.
If BULLS hold this flag and don't let Bears break down of this flag we might see another massive run-up for FTM.
Keep eyes on the bullish flag and major support and resistance areas are marked on the chart.
If Bitcoin holds here and market let FTM do something it'll be a good long!
We need some volume to break to the upside and if the price break to the upside of this bull flag with volume and if the price goes into price discovery the target will be huge for FTM.
Thank You and Good Luck.
Make sure to give a like and follow if you liked this idea :-)
Trade active
Trade Active guys, here are some of my targets!TP1: $2.2097
TP2: $2.253
TP3: $2.3462
TP4: $2.4493
TP5: $2.5806
TP6: $2.7458
TP7: $3.2233
Another Buying Zone for FTM to add more position on a retest:
$2.06 - $2.042
Trade closed: target reached
Target 1 $2.2097 HIT :-)Trade closed: target reached
TP2 Hit, $2.32!
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