📊FTM: do the whales try to collect liquidity to open a long?

12 ביולי 2022

The appears of volume at the bottom is the sign of bulls. If it appear this time it will show the local bottom and we can look for entry point at FTM.

📊Now the price try to fall bellow the HUGE value area of $0.24-0.27. It can be just collection of the liquidity for whales to open a long trades. Also sl of long traders will be trigered.

📊You have to see this preconditions to open a long after the fall:
✅volume growth - show us the appears of buyers and local bottom
✅return or squeeze to $0,24-0,27 value area - sign of bulls
✅squeeze to the trenline - best confirmation of the upcoming growth
✅BTC bulls sentiment - help altcoins to grow higher

🚩The targets:
$0.293 - key level
$0.34-0.37 - the HUGE value area and resistance

💻Friends, press the "like"👍 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.