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FieryTrading
Oct 25, 2021 2:31 PM

🔥 FTM Ascending Wedge: Bullish Break Out Long

Fantom / TetherUSBinance

Description

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Around a week ago I made an analysis on FTM. Here I argued that FTM was trading in an ascending wedge pattern, which is classically a bearish reversal pattern. Furthermore, I noted that the path of least resistance would be for FTM to break through the top resistance and make it's way to $3.



With FTM seeing some incredible bullish volatility over the last few days, it's a matter of time before we reach $3. I'm expecting some minor consolidation around this area, which could last another day or two.

Seeing that FTM is constantly on the minds of investors, I'm seeing this token reaching $4 in the coming weeks.

Happy trading!
Comments
kimstandgraph
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Well composed
KlejdiCuni
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Great idea!
AlkalineFX
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Superb work!
anna6swift
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Good
aliasinn
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thanks for sharing! I got profit 🌹
ForexTrendline
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Nice work!
TheSignalyst
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I agree brother, FTM is a beast
MMBTtrader
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4$ after some breakout here is good target well done
Investroy
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Great stuff bro
MonoCoinSignal
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Good job
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