Description
⋅ Hello Traders,
FTT is setting up possibly for a move to the $51-$53 range after flashing similar signals.
RSI bounce off of the 30 range, double bounce off of the trend line, and decreasing volume.
Social sentiment is also positive. As well as a lot of outflow from exchanges.
As we all know FTX is ran by SBF, sometimes it pays to invest in the ones running the company. (This should always be in your investment strategy).
Setting a stop-loss at the $35-$34, and take profits at $49, $51, & $53.
And this is not financial advice.
Good luck!