FTT is one of my favourite altcoins, with a great future ahead. Now looking short term FTT is approaching the resistance after a series of higher lows creating a triangle. It might have one last rejection at the resistance before breaking it in the next 1-2 days. 25% profit ahead reaching the old ATH and probably temporarily violating it reaching $63. Bullish signs of a possible successful breakout are:
- Bullish engulfing in the last support
- VMA providing momentum and support on the breakout
- bullish cross on the Stoch RSI (daily)
Wait for a breakout for a safe entry with a stop loss below the last low (aggressive)
FOLLOW ME, SHARE, LIKE AND COMMENT.
If you have any questions feel free to ask.
- Bullish engulfing in the last support
- VMA providing momentum and support on the breakout
- bullish cross on the Stoch RSI (daily)
Wait for a breakout for a safe entry with a stop loss below the last low (aggressive)
FOLLOW ME, SHARE, LIKE AND COMMENT.
If you have any questions feel free to ask.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.