🔥 FTM Fell Through Support: More Selling ComingIn my last FTM analysis I talked about the potential Pennant pattern that FTM was trading in. After founding temporary support at the bottom of the wedge, BTC continued trading bearish and dragged FTM down with it.
As a result, FTM has fallen through the support and is currently looking bearish in the near-term.
Before any chance on a reversal, I think we have to go further down. Blue areas are my targets for the next couple of weeks.
Pennnant
NASDAQ Watch for sell entries
Hello traders:
Looking as NASDAQ for the bearish opportunities to the downside.
We can see there's a HTF double tops, price moved up correctively within an ascending channel.
Latest price action formed a Head and Shoulder and broke out of the ascending channel, good sign of bearish reversal.
Look for further LTF continuation corrections to get in on the bearish move down.
Thank you
