🔥 FTM Consolidation Before Break Out

Fantom / TetherUS BINANCE:FTMUSDT

FieryTrading

FTM has been consolidating for around a month now. Not a lot is happening since we’re mainly trading sideways.

For now, I’m expecting FTM to continue to trade within this pattern for another week or two. In the case that BTC will fall further below $40k, there’s a high probability for the price to break out bearish and move towards the $1 support.

Since we’re currently in a downtrend, a bearish break out is the most likely outcome.

Happy trading!

You might be interested in …

Trading View March 6, 2022

SOLshine

SOLshine SOL / TetherUS PERPETUAL FUTURES BINANCE:SOLUSDTPERP WhoIsWu Market has been especially brutal on SOL since November 2021. Perhaps it’s all the creepypasta going around regarding SOL’s decentralization, speed or that it’s run on 6 […]

Trading View April 8, 2022

bitcoin in uptrend line

Bitcoin in uptrend line Bitcoin / TetherUS BINANCE:BTCUSDT DigitalCurrencyVip bitcoin still in uptrend line in daily time frame – if BTC keep this line bullish waves will come soon

Trading View February 27, 2022

Update For EOS/USDT Analysis 📈📉

Update For EOS/USDT Analysis 📈📉 EOS / TetherUS BINANCE:EOSUSDT PRO_SMART_Trader As I expected in the first analysis for EOS ,it was be able to exactly hit the TPs according to my prediction 🎯 more than […]