FTFT - where to next?

Future FinTech Group Inc.NASDAQ

Description

⋅ Apr 16, 2021 10:38 PM

RSI is the lowest it has been in months. It should come back up.

Watch for rejection or breakout of RED trend line. If it bounces off we could encounter more downward pressure.

I would like to see it break above and close some 1H candles to confirm upward direction.

Trend Analysis

Comments

bryce

⋅ May 10, 2021 5:10 PM

rejected... where is the next support do you think?

crypex

⋅ May 11, 2021 11:57 PM

they own a mining farm with 30,000 antminers correct me if I'm wrong but they produce 0.1 btc per month per antminer × 12months = 1.2 btc × 30000 antimers = 36000 btc per year at today's rate an additional 2B gross income for Future Fintech.