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🔥 FTM Triangle Pattern Complete: Strong Price Action Ahead

FTM has formed a nice triangle on the H1 chart. I'm aware that classical theory suggests that this is a bearish triangle, so a bearish break-out is to be expected. However, ADA is strongly correlated to the performance of Bitcoin, so it could go either way as far as I'm concerned. For that reason I've added two potential trades on this chart: a bullish and a bearish one.
Before entering the trade, wait till for the price to have either close above or below the entry line for a bullish or bearish case respectively.
I've marked several important areas for the trades. R1 and R2 are the resistance targets for the bullish case, S1 and S2 are the support targets for the bearish one.
Happy trading!
Before entering the trade, wait till for the price to have either close above or below the entry line for a bullish or bearish case respectively.
I've marked several important areas for the trades. R1 and R2 are the resistance targets for the bullish case, S1 and S2 are the support targets for the bearish one.
Happy trading!
注释
* FTM is strongly related to Bitcoin🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
相关出版物
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
相关出版物
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。