FTT ftx price action is now printing a cup and handle pattern after finding support at $1. Only two things can happen:
FTX neckline resistance above is btw 1.20 - 1.24 Price action can continue to to neckline resistance to complete the cup and handle pattern and proceed higher. Up resistances: 1.1, 1.14, 1.33, 1.38, 1.45, 1.54, 1.62. OR
Or retest lower supports: 1.00, 0.95, 0.86 #FTX Current Price: 1.06
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Neckline Resistance Hit...
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Price action breaking through neckline resistance...
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1.33 & 1.38 hit
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FTT needs to maintain price action above neckline resistance for higher prices...
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FTT did not maintain neckline resistance but has created a higher low from cup handle. Higher Prices have prevailed. 1.45!
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