Still early days for $FTT but @SBF_Alameda and his gang on top of the Bitmex leaderboard, are doing a great job with the FTX exchange and the creative usecases for their token.
You can see:
- it just reclaimed a support and it's holding the btc impulse decently.
- Price is squeezed within a C.Fork, showing a changement in the market. A C.Fork allow a trader to identify when price switches from downtrend, to a flat activity. The breakout of the C.FORK trendline is usually a trigger, price switching from flat to .
- We have gotten an S/R flip with a Higher High on the H4. Decent place to manage risk.
Any breakout above the C.Fork and the 1.38 zone, and:
1. We could move up to the 1.60 zone pretty fast.
2. If 1.60 is broken on a daily close, we can expect to reach the next zone at 1.92.
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