FieryTrading

🔥 FTT Channel Break-Out

Long
BINANCE:FTTUSDT   FTX Token / TetherUS
FTT has seen some incredible gains over the last couple of hours, helped by Bitcoin's strong returns as of earlier this morning.

FTT has breached the downward sloping channel a few hours ago, signaling us of a new potential bull-run. Before the bull-run happens I'm expecting a small decline towards the channel resistance.

Before entering this trade wait for the price to touch the Entry line.

On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.

Happy trading!

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