✅FTM SQEEZE TO THE TRENDLINE! ONE PROFITABLE SCENARIO🔥

29. Sept. 2022

Hi friends! FTM have no deep bullback after the test the trendline for the 3rd time. It`s the huge sigh which show to us the pressence of BIG guys. They support the price and don`t let FTM fall lower.

🔥 Possibly they will want co collect the liquidity one more time below the local lows of $0.215 where a lot of sl of long tradrs are placed.

📊 The volume should grow on this manipulation. The volume indicator is the important tools that help to identify the best place of trand reversal. In this case we will understand that the bottom is riched and whales support the price.

Now we can see how the price is squeezing to the trendline. You can also try to open a long now and if BTC will start pumping you can make at least 1:5RR on this trade.

🚩 Personally I use the DOM and Footprint sclaping indicators to identify the support and resistance by the whales and open a trade with them.

✅ The closest targets are the top of the value area $0.26-0.28 and $0.33-0.36.

💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.

P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade