We finally see FTM breaking the downward trendline yesss!
Now there are 2 short term scenarios that could happen:
Bullish Continuation
We need see price breaking above 0.33 that would confirm bullish bias to the upside
Target: 0.38 - 0.40 area
Bearish Continuation
Price would correct itself down to liquidity area.
Target: 0.24 - 0.20 area
We'll see how it plays out. Market has gotten all greedy these days!
Trade Safely,
Kina 😄
Now there are 2 short term scenarios that could happen:
Bullish Continuation
We need see price breaking above 0.33 that would confirm bullish bias to the upside
Target: 0.38 - 0.40 area
Bearish Continuation
Price would correct itself down to liquidity area.
Target: 0.24 - 0.20 area
We'll see how it plays out. Market has gotten all greedy these days!
Trade Safely,
Kina 😄
Trade closed: target reached:
The Bearish Continuation played out and got hit and after that and it went onto the Bullish Continuation mode so both scenarios played exactly as expected above.