VishvaP

$FTM Bearish Idea [EW]

Short
BINANCE:FTMUSDT   Fantom / TetherUS
$FTM has had a pretty insane run this past few months, but looking at the grander scale of things, this could just as easily be a B with some more downside available.

$BTC projection seems to counter this approach, but this is simply a sentiment check to keep in mind if $BTC decides to show signs of weakness with a drop further than 38K. Not taking any trades here, since $FTM as extremely strong fundamentals which has driven the recent growth, but i'll just stick to what i see on the chart here.

Will update the count if anything pop's up later on.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.