FTM/BTC is going to go up MORE from here!Ftm/btc is in a broadening wedge on the daily timeframe right now and bounced not only from previous big boy support, but the broadening wedge support too and therefore i believe it will go back to the resistance of the broadening wedge which is around 0.000036. That's the first target of my fantom trade but once we break the resistance and out of the wedge, i expect much higher targets. I will be holding fantom from here till $10 and maybe above. I'll be more bullish if ftm/btc closes this weekly candle green as we have been in a red weekly candle streak of 8! This is a great trading opportunity. DYOR!!!! This is NFA! Let's go!
Ftmbtcposition
FTM/BTC - Large triangle with a price preload to support(FANTOM)Hello everyone, analyzed the FTM/BTC pair
Honestly, well, I not like to open positions in such triangles, because there is a possibility that this triangle can be broken down impulsively.
I will be able to open the entrance to the position only after breaking one of the borders. And after confirming the theory that this triangle is broken by the real volume, you can look at the long position.
For now, I will refrain from taking a position. But I do a small review, for those who are looking for trading positions and want to collect more bitcoins to their wallet.
The levels of work indicated on the trading chart.
The range of operation, levels, and potential stop loss is set by each in accordance with its own risk management, and deposit.
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