Long
Updated

FTM double bottom and descending wedge

481
FTM did not maintain RED trend support; however, FTM did, so far, establish support at the exact previous low, forming a double bottom and not creating a lower low.

FTM is also forming a descending wedge. and could make a powerful impulse (pending bullish crypto recovery).

I am watching to see the daily close, confirming double bottom and/or wedge breakout.

Project moves on with the FTM team and development still continues, may be the last opportunity to grab FTM at a discount?

Good Luck
Note
Bullish Divergence on the daily too
Note
FTM is appearing close to breakout.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.