1D time frame - FTM is creating a double bottom structure, which spends around 600 days so far. According to Fibonacci Extension, we can have final target for this structure. However, neckline 0.65 is the obvious resistance that might reject price to keep pumping firstly. Also, FTM is doing a potential Elliott impulse wave on lower time frame, that would provide...
entered these a little hastily a little while ago but i'm thinking there may be just a tad more bullish price action to squeeze out from the insane moves we've seen recently. i'll be playing these really defensive, moving stops up and scaling out as needed
you can take a small short trade on ftm .... this is a quick trade ...target and stoploss given on chart
FTM Trendline has broken and is at 1.78$ support. The next supports are 1.21$ and 1$ Does it touch 1$??
FTM consolidating right over the Cup and handle support trendline. Looks ready for a bounce hope you bought the dip around $2.85. To stay on the safer side do place your Stoploss! If everything plays well I expect a massive pump as per this chart in FTM If you haven't bought it yet you can enter at CMP and place your SL at $2.74 Low-RIsk High...
This is not financial advice FTM have everything to PUMP hard, just check