Falling wedge, with FIB 0.236 as long term support.
Price may challenge MA20/W and find a route to break out the wedge.
Interesting setup, watch it alog next few weeks.
In case of a successful breakout would look at the 36-40$ area, first place.
Price may challenge MA20/W and find a route to break out the wedge.
Interesting setup, watch it alog next few weeks.
In case of a successful breakout would look at the 36-40$ area, first place.
Note
At resistance and trying to breakout.Note
So Alameda CEO just explicitly hinted 22$ as a "fair" price.Unsurprisingly that's straight 2021 support.
Given that i think i'm abstaining from doing trades on FTT, being an investor and not a gambler.
Whatever the picture, consider that anything starting to smell bad tends to attract the worst subjects. Whatever the opportunity i don't like their company. Matter of hygiene.
To be re-evaluated later.
Note
No neeed to re-evaluate.FTX is no more.
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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.