FieryTrading

đŸ”„ FTM Potential Triangle Break Out

LĂ„ng
BINANCE:FTMUSDT   Fantom / TetherUS
At the moment, a lot of cryptos are seeing strong bullish pressure. BTC has seemingly found support and is making higher highs and higher lows, indicating a (short term) bullish trend.

FTM is one of the assets which got hit hard lately, losing over 40% of its value in a matter of days. Currently, FTM is residing near the end of the triangle, where it potentially could break out from. I'm edging towards the bullish side of the break out since the crypto market is currently regaining its strength.

Happy trading!

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