FTM is currently in a descending triangle pattern!!!
Hi.
$BINANCE:FTMUSDT
Today, I want to analyze FTM for you in a 4H time frame so that we can have a MID-term view of FTM regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
A breakdown and successful retest of the pattern would confirm bearish momentum
However, if price is able to reclaim the horizontal support level, it could indicate a potential continuation of the triangle pattern.
✅ Due to the Descending structure of the chart...
🟢 FTM has been Bearish Recently!
🟢FTM is in a descending Triangle
🟢(AB=CD)
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
$BINANCE:FTMUSDT
Today, I want to analyze FTM for you in a 4H time frame so that we can have a MID-term view of FTM regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
A breakdown and successful retest of the pattern would confirm bearish momentum
However, if price is able to reclaim the horizontal support level, it could indicate a potential continuation of the triangle pattern.
✅ Due to the Descending structure of the chart...
🟢 FTM has been Bearish Recently!
🟢FTM is in a descending Triangle
🟢(AB=CD)
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
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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.
📥┃Telegram: t.me/CobraVanguard
📥┃Advert/Partnership: t.me/Cobravanguardsupport
📥┃Sonic – The first TikTok App Layer 🎮 Join the gaming revolution! sonic.game
📥┃Advert/Partnership: t.me/Cobravanguardsupport
📥┃Sonic – The first TikTok App Layer 🎮 Join the gaming revolution! sonic.game
Related publications
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.