FTM came into contact with the Daily 200EMA support after three pushes down, a pullback from the $0.57 high. The price bounced off of the 200EMA and is in now what appears to be a second leg up toward the high. Should we prepare to enter a short?
How do we trade this? 🤔
We need this bull pattern to play out and give us a reversal signal before we entertain a...
FTM broke out of its bull trend, failed to break above the Daily 30EMA and fell back down to $0.375. With Bitcoin and the rest of the crypto market following suit, are we ready to short?
How do we trade this? 🤔
Since my last FTM analysis, I provided this updated chart depicting what I believed was a likely outcome of the price action. A pullback from the...