Get started
PhilosophersStone

FTM descending triangle

Fantom / TetherUS (BINANCE:FTMUSDT)  
PhilosophersStone Updated   
BINANCE:FTMUSDT   Fantom / TetherUS
Support and Resistance Triangle Descending Triangle FTM trade short LONG breakout breakouttrading
10
0
supportandresistance triangle descendingtriangle ftm trade short long breakout breakouttrading
FTM in descending triangle looks like found local bottom at 1.1511 that still holds price from more downside. It's obvious that BTC drop pulled FTM down, but will this hold if BTC decides to dive more? BTC D rising isn't a good side for alts also. If FTM loses this level more downside is inevitable. This kind of triangle is more on the bearish side, but its not too unusual to break up. Set alarms and wait for the next move...
Comment:
Made more than 60% profit, Congrats guys!!!
snapshot
Hit "follow the idea" to get notified about updates.
The boost would help also...
Doors are now open to my free Telegram channel.
Welcome!!
t.me/CryptoBarbecueChannel

Related Ideas

PhilosophersStone
FTM new channel
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.