Short
FTM is going down more
FTM is looking bearing...
It's just broken below the neckline of the Head and Shoulders...
If we take the difference between the high and low of the pattern, you'll get the first target of 0.07446.
Most penny cryptos are in trouble as the major Cryptos are leading the pact. And so, with the winter continuing, uncertainty in the market, the collapse of Ethereum after the merge and with Crypto going into a more centralised situation - we can expect the little guys to fall.
FTM is no exception.
It's just broken below the neckline of the Head and Shoulders...
If we take the difference between the high and low of the pattern, you'll get the first target of 0.07446.
Most penny cryptos are in trouble as the major Cryptos are leading the pact. And so, with the winter continuing, uncertainty in the market, the collapse of Ethereum after the merge and with Crypto going into a more centralised situation - we can expect the little guys to fall.
FTM is no exception.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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.