FTM BUY SIGNAL/ TECHNICAL ANALYSIS

BUY SIGNAL/ TA ANALYSIS ON FTM

FTM has broken out for uptrend movement and 2X Bullish wave is expected.Using the trendline pattern to analysis the Resistance break out of FTM from major resistance level, we could see the two chart patterns of both trend line patterns are the same and at the broke upside of FTM from the first treadline,we expected a massive bullish wave to highest level of Resistance.

1)SUPPORT / BUY AREA: $1.4 -$1.5 Support Level is a very strong key area as our data points indicates that at touches of this price point area at three significants times in the past, market experienced a very bullish wave to highest level of resistance. Buy at $1.1, $1.4 - $1.5

RESISTANCE / SELL AREA: TP-$2, TP-$2.3, TP- $2.6, TP- $2.9, then at $3.3.

2) FIBBONACCI : Measuring the strength of the uptrend indicates a strong shifting up expected as it gives us 0.236

Buy FTM, its gonna run a bullish one.