FieryTrading

🔥 FTM Bottom Formation Triangle: Bullish Price Action Likely

Long
BINANCE:FTMUSDT   Fantom / TetherUS
Every since the start of April FTM has been trading under the dotted top resistance trend line . With BTC appearing more bullish , alts are looking for bullish formations as well.

FTM has been lagging most alts. Historically FTM has been one of the most volatile alts, so my assumption is that FTM will soon catch-up to the market and make a big bullish move.

Targets are placed in blue at recent tops. Keep in mind that a close below the bottom dotted line would invalidate this trade.

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