FTMUSDT
Updated
Hello Dear friends
On the 4-hour timeframe, we have a negative channelization movement, and on the other hand, the price is currently very compressed and is in a fixed range.
Considering the maintenance of the yellow range ($0.2157), there is a high probability of forming an upward trend similar to the drawn scenario.
We would be happy to hear your comments
On the 4-hour timeframe, we have a negative channelization movement, and on the other hand, the price is currently very compressed and is in a fixed range.
Considering the maintenance of the yellow range ($0.2157), there is a high probability of forming an upward trend similar to the drawn scenario.
We would be happy to hear your comments
Trade active
The yellow range ($0.2157) has been completely consumed, but we still maintain our mentality for the formation of an upward trend.To confirm the upward trend, the price movement should be above the range of $0.24 and the price should leave the downward channel.
Trade closed: stop reached
The same penetration that happened with Shdo into the yellow area destroyed the validity of the bullish view
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