FTMUSDT technical analysis

First of all there is a nice looking wolfe wave pattern and the price breakouted the pattern line

Price made a correction to fibonacci levels.

Then went to the ABCD pattern points

The breakout volume is nice and the macro correction is to the fibonacci points are nice looking.

Also another ABCD pattern is possible.

If bullish trend continues those levels are possible aims. But that case is not certain like all the market movements so those fibonacci levels, supports and resistances must be watched carefully
Price made a correction to fibonacci levels.
Then went to the ABCD pattern points
The breakout volume is nice and the macro correction is to the fibonacci points are nice looking.
Also another ABCD pattern is possible.
If bullish trend continues those levels are possible aims. But that case is not certain like all the market movements so those fibonacci levels, supports and resistances must be watched carefully
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.