#FTT has formed a falling wedge pattern on the daily chart.
For a bullish scenario to play out, it must break above the resistance cluster, which includes the wedge resistance, the Ichimoku Cloud, and the daily SMA100, with strong volume.
If that happens, the potential targets are:
🎯 $1.1623
🎯 $1.4424
🎯 $1.6475
🎯 $1.9046
🎯 $2.2782
🎯 $2.6517
⚠️ As always, use a tight stop-loss and apply proper risk management.
For a bullish scenario to play out, it must break above the resistance cluster, which includes the wedge resistance, the Ichimoku Cloud, and the daily SMA100, with strong volume.
If that happens, the potential targets are:
🎯 $1.1623
🎯 $1.4424
🎯 $1.6475
🎯 $1.9046
🎯 $2.2782
🎯 $2.6517
⚠️ As always, use a tight stop-loss and apply proper risk management.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.