FTM falling wedge

#FTM/USDT
FTM can be inside a huge falling wedge.
🐻 price can drop more to lower line of wedge that is around 0.786 fib level.
🐻🐻 break down from lower line will drop price to support around $0.5.
🐮 holding the lower line can increase price to break out from wedge and head up toward resistance zone between $2.2 and $2.5.
🐻 price can drop more to lower line of wedge that is around 0.786 fib level.
🐻🐻 break down from lower line will drop price to support around $0.5.
🐮 holding the lower line can increase price to break out from wedge and head up toward resistance zone between $2.2 and $2.5.
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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.