Binance: FTT/BTC Long. Is it time for the uptrend ?
Taking a look at the 1D chart. You can see how FTT has been going through a period of accumulation (since around May 20th). Price relatively playing on the same range, with the last few days closing green, which it could be an indication that the trend has finally change and a move upwards is incoming. A daily closing under 2985 will invalidate the trade and will be a sign on the trend turning bearish on which a better setup should be found or re-enter at a better entry. Feel free to share your thoughts :)
Entry: 3000 - 3050
Short term/scalp target: 3200
TG1: 3415
TG2: 3595
TG3: 3780
TG4: 4000
HODL TG: 4200
Stop if daily closes under 2985
Entry: 3000 - 3050
Short term/scalp target: 3200
TG1: 3415
TG2: 3595
TG3: 3780
TG4: 4000
HODL TG: 4200
Stop if daily closes under 2985
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