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FTM/BTC TA Update (Bullish Double Bottom?)
FTM/BTC
FTM is forming a bullish double bottom formation and Same Higher Low at 132 sats area. This signals us that Bulls are present when the price reaches the same low of the previous wick at 132 sats area. If FTM can't break the downward resistance on this 2nd attempt. A healthy pullback between 156 - 150 sats to establish a new Higher Low before it can finally breakout to a Higher High. Stop-loss for a Long position is below 130 sats area.
FTM is forming a bullish double bottom formation and Same Higher Low at 132 sats area. This signals us that Bulls are present when the price reaches the same low of the previous wick at 132 sats area. If FTM can't break the downward resistance on this 2nd attempt. A healthy pullback between 156 - 150 sats to establish a new Higher Low before it can finally breakout to a Higher High. Stop-loss for a Long position is below 130 sats area.
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