FTM is currently in a descending triangle pattern!!!

Hi.
FTMUSDT

Today, I want to analyze FTM for you in a 4H time frame so that we can have a MID-term view of FTM regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).

A breakdown and successful retest of the pattern would confirm bearish momentum
However, if price is able to reclaim the horizontal support level, it could indicate a potential continuation of the triangle pattern.


✅ Due to the Descending structure of the chart...
🟢 FTM has been Bearish Recently!
🟢FTM is in a descending Triangle
🟢(AB=CD)



Stay awesome my friends.
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!


Chart PatternscobravanguardDescending TriangleFTMFTMUSDTTrend Analysis

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