FTX Token is trying to break out of this falling wedge (yellow) and may be forming Inverted Head and Shoulders🤷 on the Daily timeframe. If price breaks the falling wedge upper edge and then the Neckline I think there is chance for run to 68 and even higher. Actually in anticipation of this happening I'm already looking for buy signals on lower timeframe (2h) and...
After 6 months being in downtrend, the downtrendline has been broken and it has confirmed the breakout.
Buy after hitting the pull back and closed two 4h candles above it.
Targets
48
55
63
And maybe more