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NorteTrader
Jul 6, 2019 2:37 PM

FTMBTC Bearish Bias 

Fantom / BitcoinBinance

Description

Seems like it formed out to be a Head and Shoulders Pattern and could possibly go down if it breaks its current price.
But also if you check it, it had a strong support at the green level. Always put STOP-LOSS if this scenario like this breaks which is out of our control. :)

Comment

OVERSOLD in its 1h to 4h TF. So hope we could see some movements upward to invalidate the H&S pattern
Comments
NorteTrader
CHART already invalidated and CONFIRMED bearish scenario due to Head and Shoulders Pattern.
NorteTrader
Please leave some comments if you want to add some informations or your charts so we could learn from each other :) Thank you guys!
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