A Trader's Perspective on the Formation of a Triangle Pattern
Updated
Hello, friends! I want to share my forecast for the FTM coin in the cryptocurrency market. Recently, I noticed the formation of a triangle pattern on the weekly chart, and I believe that this could be an interesting signal.
My analysis suggests that there is a possibility of a pullback to the range of 0.24, where I plan to consider buying FTM for a long-term position. However, I want to emphasize that this is just my opinion and should not be taken as financial advice.
As a trader, I understand that making decisions in the cryptocurrency market requires thorough analysis and risk assessment. Therefore, before making any transactions, it is important to conduct your own research, consult with professional financial advisors, and evaluate the current market conditions.
Remember that the cryptocurrency market is highly volatile, and investments always come with risks. Be cautious and make decisions based on your own analysis and careful consideration.
I wish everyone successful trading and the ability to make well-informed investment decisions! Stay updated with the market, be prepared for changes, and never stop learning and growing as traders. Good luck!
My analysis suggests that there is a possibility of a pullback to the range of 0.24, where I plan to consider buying FTM for a long-term position. However, I want to emphasize that this is just my opinion and should not be taken as financial advice.
As a trader, I understand that making decisions in the cryptocurrency market requires thorough analysis and risk assessment. Therefore, before making any transactions, it is important to conduct your own research, consult with professional financial advisors, and evaluate the current market conditions.
Remember that the cryptocurrency market is highly volatile, and investments always come with risks. Be cautious and make decisions based on your own analysis and careful consideration.
I wish everyone successful trading and the ability to make well-informed investment decisions! Stay updated with the market, be prepared for changes, and never stop learning and growing as traders. Good luck!
Trade active
Trade active
Trade active
The FTM tool gives you a good chance of making money. Trading continues in the triangle. We see that, in principle, the coin has traded the level of $0.24 and is now pushing away from the lower support and is accumulating for an upward move to form a bullish cycle. A retest of the $0.27 level is possible; if there is a move there, I will buy more coins at this support level. After a confident retest of the support level at $0.27, the instrument will begin to form an ascent and soon we will see a bullish cycle on the coin.
Follow my mathematical predictions and my strategy.
But have understanding. that my forecasts are not an investment strategy and you assume all risks.
Trade closed: target reached
The trade is closed. Excellent profit in profit. Stay tuned for my new predictions. Subscribe to social networks. We will trade and take only profits.
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