Long
Updated

Ftmusdt buy opportunity

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FTMUSDT trading showing signs of a potential double bottom pattern. The strategy involves initiating a purchase within the designated buyback zone and then waiting for a breakout above the neckline before concentrating on the target area outlined in the setup.

It is also essential to set a proper stop loss as a precaution in case the price unexpectedly drops below the pattern's bottom.

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Ftmusdt precisely reached the designated entry point and has experienced approximately a 40% increase towards the direction of the Double Bottom neckline. We anticipate this momentum to persist as we aim for the setup target zone. Additionally, we have identified a new buy-back area for those interested in participating. It is recommended to set the stop-loss below the most recent low.

snapshot
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