FTX Token / TetherUS
Long
Updated

Is FTT token about to print a 400% move?

1737
On the above 5 day chart price action has corrected over 70% throughout 2024. A number of reasons now exist to be bullish. They include:

1) Price action and RSI resistance breakouts.
2) Trend reversal. Notice the higher low?
3) The trend reversal follows strong bullish divergence, which has now confirmed.
4) Look left. Notice where the higher low is printing? On past resistance. Excellent.
5) Lastly the bull flag, it has broken out and confirmed support. The flagpole forecasts a 400% move.

Is it possible price action continues to correct? Sure.
Is it probable? No.

Ww
Trade active
Note
Past resistance confirms support.
Trade active
A whole lot of waiting, but in the end those that wait are reward.

Target is $6
Note
$3 to go.
Note
Stay long.... or panic. 90% of folks actually lose money on this trade.

snapshot
Note
A 100% move should print in the coming days and weeks.

snapshot
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A move to $4 is about to print.
Note
GRM support confirmed.
Note
Some resistance should be expected at $7
The bigger resistance resistance is at $20
If you're using my tools, use the 1 day chart for sell signal, very reliable.
Note
5 day gaussian channel support with hook reversal. What happens next may surprise.

5 day
snapshot

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