imr4nkh8n

$FTM Possible Double Bottom

Long
imr4nkh8n Updated   
KUCOIN:FTMUSDT   Fantom / Tether
FTMUSDT - Huge Double Bottom possibly in print

Measured move +40%
Divergence at support in 0.635 levels would be preferred entry provided entry trigger activates via candlestick or candle stick formation.
Neckline break and retest at 0.78 level will provide further impetus for initial Target to 0.94.

Remember FTM can go higher can is dragged around like all altcoins by the ring master $BTC.
Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge.

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Comment:
Heads up - If you got in on FTMUSDT at this zone around 0.65786 you're +34.91% (0.88751) and with price currently at 0.86029 that is +30.77%
I was using my chart for some analysis and it's not clean to put a link but you can pull this from the above date 28-Apr-24 to today 18-May-24

Always trade with your edge and learn how to maximize your trades - it's one thing getting in, it's another holding and maximizing winners. Remember BTC is the puppet master and leads the way.

#FTMUSDT
Comment:
I'll drop the chart. Ignore the orange lines - was for something else.
Key is, a retest of 0.78 level on FTMUSDT (Neckline) could provide catalyst for move to 1.2295 which would be +57.49% from the Neckline.

Link to chart:

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