Peepee93

bearish flag forming, potential downside?

Short
Peepee93 Updated   
BINANCE:FTMUSDT   Fantom / TetherUS


bearish flag forming, potential downside?
Comment:

Same plan as my SOL trade setup.

Entry target slightly got front-run.
However, I would remain patient and would be more confident to enter if BTC were to hit $40-40.5k region at the same time.

Good region to TP if in longs.
Comment:

Another short setup which i think it has a higher probability of hitting as i am still expecting higher on BTC. Would definitely be very cautious and monitor BTC closely before entering. Also ETH is a wild card that could just pump and bring the rest of the Alts up.
Comment:
have to say that the channel is well respected
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.