FieryTrading

🔥 FTM Cup & Handle Pattern: Patience For Break!

Long
BINANCE:FTMUSDT   Fantom / TetherUS
As BTC pushes up, FTM and many other alts are experiencing bullish moves as well.

As for FTM, it appears to be forming a huge cup and handle pattern. A risk-averse trader would want to wait for the price to break through the neckline around 0.575, a risk seeking trader can already make an entry now, accepting the fact that it's a much riskier trade.

Personally, I think that FTM will make comeback in the next few months, hence the target at 2$.

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