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JacintoMonteiro
Feb 14, 2022 11:23 AM

FTM Double Top Short

Fantom / US DollarBinance

Description

FTM shows a clear double top (bear formation), like other top alts ( in a more shy way). Others show also double top but last peak higher is than the first one (like BTC), but we should imho play safe and considerer double top the same.
Due to the delicate macro situation, pre war cenario, inflation, tax rates, sp500 double top, btc domination rise, and so on, I believe 99% of all crypto will go more downwards than up, during a long period of time: 12-18months.
I may be wrong of course.
Good luck.

Trade active

As predicted it went down.
1.33 dollars today and due to macro situation will probably continue further blood bath faster than i draw.

Trade closed: target reached

0,4 reached
Comments
FFG2501
Yep
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