TradingView
InvestingScope
Jul 12, 2023 3:23 PM

FTTUSD Rebounding off the 1D MA200 and targeting the 2023 High. Long

FTX TokenCRYPTO

Description

FTTUSD, the FTX Token, held the 1D MA200 and since yesterday it is rebounding with aggression on a 1D timeframe that turned bullish again (RSI = 61.498, MACD = 0.102, ADX = 42.568). As the LMACD is about to form a Bullish Cross, this leg is the second wave of the rally to the R1 we spoke of last month. We are therefore adding an extra long, targeting the Resistance (TP = 2.7000).


Prior idea:



## If you like our free content follow our profile to get more daily ideas. ##

## Comments and likes are greatly appreciated. ##
More