Long
FTM Clean Retest Break-out from Macro Trend
FTM retested the last macro trend from March "22 signaling me no more bearish momentum. As Previously said, took a lot of profit at 0.55. Now almost bought all of it back.Reasons why I am bullish now:
- BTC ETF brought a lot of volume and credibility in the crypto market. Blackrock CEO is bullish on crypto!
- Election year, governments are still going to bail out anything close with a warning sign. Despite interest rates, the data shows increasing liquidity = great of risky asset class.
- ETH ETF rumor will shift liquidity into ETH and alts
- BTC in consolidation and usually during bullish momentum when BTC consolidates, money flows into alts.
Note
2nd and 3rd entry got it 
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.
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.