FTM / USD is preparing to fall
Updated
Hi friends
As I mentioned before I never trade cryptocurrencies in small timeframes and I prefer to spend 10 - 20 percent of my CFD profits to invest in crypto but there is a very important point in this strategy. You should not invest your money in a market that is not in a bullish major trend and now this is real for Crypto Market so wait till this market reverses.
One of the most beautiful trends I have ever seen in this market is FTM and could not regret it in my Publish Ideas.
We can see a text book cycle 5 waves that completed in 3.6894 in Oct. 2021 as our wave 1 Supercycle and then a downtrend correction fifth waves as wave a cycle of (abc) supercycle (wave II) that completed in 0.1642 and then trend went to form a sideways pattern (Flat) for wave b and what is happening now is wave c(Primary) of wave b cycle and I guess will see wave c cycle (Sharp Fall) very soon(Maybe in the same time with BTC drop).
I am planning to get this bearish trend when wave C primary completes and wave c cycle starts with a countable fifth wave.
Be Safe and Happy
As I mentioned before I never trade cryptocurrencies in small timeframes and I prefer to spend 10 - 20 percent of my CFD profits to invest in crypto but there is a very important point in this strategy. You should not invest your money in a market that is not in a bullish major trend and now this is real for Crypto Market so wait till this market reverses.
One of the most beautiful trends I have ever seen in this market is FTM and could not regret it in my Publish Ideas.
We can see a text book cycle 5 waves that completed in 3.6894 in Oct. 2021 as our wave 1 Supercycle and then a downtrend correction fifth waves as wave a cycle of (abc) supercycle (wave II) that completed in 0.1642 and then trend went to form a sideways pattern (Flat) for wave b and what is happening now is wave c(Primary) of wave b cycle and I guess will see wave c cycle (Sharp Fall) very soon(Maybe in the same time with BTC drop).
I am planning to get this bearish trend when wave C primary completes and wave c cycle starts with a countable fifth wave.
Be Safe and Happy
Note
Hi friends Please follow me in my another account because this one has been hacked twice.
I promise you all that we will have great analysis in most of markets.
Account Name: AMA_FX
Thanks
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