๋กฑ
๐ฅ FTM Bear Flag Breaking Out: Start Of New Bear Trend
Last month I made an analysis on FTM and the fact it was on the verge of breaking out through a macro bullish support line.
Since then, FTM has fallen a lot, bottoming around $0.25 recently. Since then, we've been cautiously trading bullish. However, it appears it's nothing more than just another bear flag pattern, which is a bearish continuation pattern.
If we break out on the lower side of the flag, I'm expecting a re-test of $0.25 at the very least. If BTC will continue to fall, we're going down further to $0.16, which is a macro support area from the summer-21 bear. See previous FTM analysis above.
$0.16 could very well function as a bear market bottom for this token, time will tell.
Since then, FTM has fallen a lot, bottoming around $0.25 recently. Since then, we've been cautiously trading bullish. However, it appears it's nothing more than just another bear flag pattern, which is a bearish continuation pattern.
If we break out on the lower side of the flag, I'm expecting a re-test of $0.25 at the very least. If BTC will continue to fall, we're going down further to $0.16, which is a macro support area from the summer-21 bear. See previous FTM analysis above.
$0.16 could very well function as a bear market bottom for this token, time will tell.
๋
ธํธ
This is a SHORT idea. Forgot to click Short, it's automatically put on Long.
๐ฏOfficial Channel: t.me/FieryTradingChannel
๐Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
โ Monster Signals: t.me/monster_cryptosignals
๐ฅPremium Signals: fierytrading.com
๐Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
โ Monster Signals: t.me/monster_cryptosignals
๐ฅPremium Signals: fierytrading.com
๊ด๋ จ ๋ฐํ๋ฌผ
๋ฉด์ฑ ์ฌํญ
ํด๋น ์ ๋ณด์ ๊ฒ์๋ฌผ์ ๊ธ์ต, ํฌ์, ํธ๋ ์ด๋ฉ ๋๋ ๊ธฐํ ์ ํ์ ์กฐ์ธ์ด๋ ๊ถ์ฅ ์ฌํญ์ผ๋ก ๊ฐ์ฃผ๋์ง ์์ผ๋ฉฐ, ํธ๋ ์ด๋ฉ๋ทฐ์์ ์ ๊ณตํ๊ฑฐ๋ ๋ณด์ฆํ๋ ๊ฒ์ด ์๋๋๋ค. ์์ธํ ๋ด์ฉ์ ์ด์ฉ ์ฝ๊ด์ ์ฐธ์กฐํ์ธ์.
๐ฏOfficial Channel: t.me/FieryTradingChannel
๐Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
โ Monster Signals: t.me/monster_cryptosignals
๐ฅPremium Signals: fierytrading.com
๐Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
โ Monster Signals: t.me/monster_cryptosignals
๐ฅPremium Signals: fierytrading.com
๊ด๋ จ ๋ฐํ๋ฌผ
๋ฉด์ฑ ์ฌํญ
ํด๋น ์ ๋ณด์ ๊ฒ์๋ฌผ์ ๊ธ์ต, ํฌ์, ํธ๋ ์ด๋ฉ ๋๋ ๊ธฐํ ์ ํ์ ์กฐ์ธ์ด๋ ๊ถ์ฅ ์ฌํญ์ผ๋ก ๊ฐ์ฃผ๋์ง ์์ผ๋ฉฐ, ํธ๋ ์ด๋ฉ๋ทฐ์์ ์ ๊ณตํ๊ฑฐ๋ ๋ณด์ฆํ๋ ๊ฒ์ด ์๋๋๋ค. ์์ธํ ๋ด์ฉ์ ์ด์ฉ ์ฝ๊ด์ ์ฐธ์กฐํ์ธ์.