FTT
ftx price action is now printing a cup and handle pattern after finding support at $1.
Only two things can happen:
$FTX neckline resistance above is btw 1.20 - 1.24
Price action can continue to to neckline resistance to complete the cup and handle pattern and proceed higher.
Up resistances: 1.1, 1.14, 1.33, 1.38, 1.45, 1.54, 1.62. OR
Or retest lower supports: 1.00, 0.95, 0.86
#FTX Current Price: 1.06
Only two things can happen:
$FTX neckline resistance above is btw 1.20 - 1.24
Price action can continue to to neckline resistance to complete the cup and handle pattern and proceed higher.
Up resistances: 1.1, 1.14, 1.33, 1.38, 1.45, 1.54, 1.62. OR
Or retest lower supports: 1.00, 0.95, 0.86
#FTX Current Price: 1.06
Comment:
Neckline Resistance Hit...
Comment:
Price action breaking through neckline resistance...
Comment:
1.33 & 1.38 hit
Comment:
FTT
needs to maintain price action above neckline resistance for higher prices...
Comment:
FTT
did not maintain neckline resistance but has created a higher low from cup handle. Higher Prices have prevailed. 1.45!
Trade closed: target reached:
All Targets reached