Mushifar

Trend reversal, Reverse Head and shoulders break out

Short
Mushifar Updated   
BINANCE:FTTUSDT   FTX Token / TetherUS
well, it seems FTX ran out of bullish momentum and it's heading down towards the mid-range of its current rally. just broke out of the reverse head and shoulders neckline, Price is below 100 SMA but we have the previous ATH as support. Low volume on the breakout. I would enter short if we break the 63 support line with a good volume.
tp 1 would be around 0.5 fibo at 54 dollars and second tp at 0.61 fibo at 44 dollars.
Trade active
Trade closed: stop reached:
my stop loss hit, will try again later if the market conditions are met

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