FieryTrading

🔥 FTT Channel Continuation

Long
BINANCE:FTTUSDT   FTX Token / TetherUS
FTT has been trading inside this channel for over a month now. With the most recent BTC sell-off, FTT fell towards the lower support of the channel. This trade is based on the idea that the channel will hold in the near future.

Obviously, this trade's success is highly correlated with Bitcoin's short term price action. In case BTC will fall further, FTT will fall through the channel. In case you are bullish on BTC , this might be a proper trade for you.

Happy trading!
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Comments

Good job 👍🏻
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I would be buying from this resistance
nice work!
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strong support zone here

thanks
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Nice analysis, many thanks. 🔥🔥
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Nice call mate
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good and simple chart thx
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Nice channel support there
Thanks for sharing
Reply
FieryTrading OptimoomFX
@OptimoomFX, Thanks mate🙏
Reply