Short
Optimal Reentry at bottom of head and shoulders pattern
FTM is still mid correction from its ATH. If it fails to close above $2.50 area (left shoulder high) then it might be rejected sending the price near the head and shoulder target. It may not complete the pattern due to FTM being so bullish in sentiment though. A large wick dip in bitcoin could cause such a pattern to fulfill though and would allow an incredible opportunity to buy in to at least hold to the shoulder resistance for a 50+% trade.
Holders beware rejection at 2.50 and consider stop losses and buying in lower or adding to your bag.
Holders beware rejection at 2.50 and consider stop losses and buying in lower or adding to your bag.
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