+500% Profit Target for FTM Long Trade

#FTM/USDT #Analysis
Description
---------------------------------------------------------------
+ Price has hit the support line and holding strong in the support line.
+ Price is expected to bounce back from this support line, if the support breaks then next support is expected to hold strong.
+ Im entering a long trade with low leverage
---------------------------------------------------------------
VectorAlgo Trade Details
------------------------------
Entry Price: 0.5628
Stop Loss: 0.2946
------------------------------
Target 1: 0.6741
Target 2: 0.8513
Target 3: 1.1139
Target 4: 1.3869
Target 5: 1.8470
Target 6: 2.5392
Target 7: 3.3576
------------------------------
Timeframe: 1W
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.

Best Regards,
VectorAlgo

Comentarios:

Looks like price is reversing. Lets wait for weekly candle close to get a confirmation.