🔥 FTT Huge Bearish 1-Year Wedge: Break Out

١٤ نوفمبر ٢٠٢١

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!