After breaking out and retesting the descending channel, FTMUSDT is starting to showing a head and shoulder formation which could take price back to previous ATH at candle close.
If price would drop below the horizontal support( which is approx lower than the left shoulder) the pattern would be invalid and it could continue to trend downwards in the same descending channel.
No financial advice just my view of the markets.
If price would drop below the horizontal support( which is approx lower than the left shoulder) the pattern would be invalid and it could continue to trend downwards in the same descending channel.
No financial advice just my view of the markets.