- FTT token is very bullish on the higher time frames.
- Currently the price is breaking out of an ascending triangle - one of the most bullish patterns.
- Also we have a descending channel breakout, which indicates us bullish trend reversal.
- Next profit target is the all time high level, but in my opinion it will go much higher.
- The price is now finally above...
FTX has arrived at a critical resistance level - $46.
Failure to push higher will likely lead to a pullback.
However, as presented on the chart, this last pump may have been wave 4 out of a 5 wave structure and we may get more pain before gain (see wave E).
As such, DO NOT FOMO HERE. This is where you take profit if you entered around C level.
Even if the...
