CoinGape
2022-08-12 18:49:12

FTT Price Analysis: FTX Price At Make Or Break Situation

The technical chart shows two contrary patterns are playing tug of war with the FTT/USDT pair. First, the U-shaped recovery indicates a rounding bottom pattern which is a bullish reversal pattern. However, on the flip side, the sets of new higher highs and lows follow a rising wedge pattern which encourages a significant downfall. Thus, The post FTT Price Analysis: FTX Price At Make Or Break Situation appeared first on CoinGape.

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.