Long
📈 FTM - Testing Range Resistance for Potential Breakout! 🚀
🔄📈 FTM (Fantom) Trade Analysis - Testing Range Resistance for Potential Breakout! 💹🚀
📊 Technical Overview:
FTM (Fantom): Testing top of the range resistance at $0.4025.
Scenario 1 (Breakout): Potential entry if it breaks and converts $0.4025 into support.
Scenario 2 (Retrace): Entry if it retraces and retests around $0.3750.
Stop Loss: Scenario-specific stop losses.
Take Profit: Next resistance levels at $0.45 - $0.48 and $0.55 - $0.60.
📈 Trade Strategy:
Scenario 1: Entry after breakout confirmation.
Scenario 2: Entry on retracement and retest.
Risk Management: Tailored stop losses for each scenario.
Take Profit: Targeting next resistance levels.
🚨 Note: Market conditions and Bitcoin movements may influence FTM. Trade cautiously! 🔄🚀 #FTM #TradeAnalysis #Cryptocurrency 📊💹
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.
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.