🔥 FTT Huge Bearish 1-Year Wedge: Break Out

Over the past year, FTT has formed a huge bearish wedge pattern. Classically, these are reversal patterns, so a strong bearish move would be expected.

However, I'm still fairly bullish on the crypto market as a whole. My expectation is that FTT will see some bearish moves in the near future. I'll be watching for the support area for a potential reversal.

A break below the support area might indicate a longer-term weakness.

Happy trading!
Bitcoin (Cryptocurrency)BTCChart PatternsFTTFTXTechnical IndicatorsTrend Analysisusdt

🎯Official Channel: t.me/FieryTradingChannel

📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free

✅Monster Signals: t.me/monster_cryptosignals

🔥Premium Signals: fierytrading.com
Also on:

Related publications

Disclaimer