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FieryTrading
Mar 29, 2023 1:04 PM

🔥 FTM Massive Inverse Head & Shoulders: Big Move Coming Long

Fantom / TetherUSBinance

Description

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Ever since FTM topped early February, we've largely been trading bearish. However, with FTM finding support around the $0.40, it seems that this token is printing an inverse head & shoulders pattern, which is classically a bullish reversal pattern.

High-risk traders might want to enter the trade already and look for further upside. I will wait for the confirmation & break out of the H&S pattern. Wait for a break of the neck-line.

Near-term targets in blue.
Comments
JoeChampion
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Great job, keep them coming mate!
UnknownUnicorn15614419
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Nice work, mate! Totally agree with your way of thinking, and the news supports the idea)
Solldy
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I think that today we should see how the day will close and then place limit orders to gain a position. Good idea!
HAMED_AZ
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Great Analysis
ProjectSyndicate
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excellent bullish pattern setup, well done
FX_Professor
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Nice one!
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