FTX Token / TetherUS
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[Watch it] FTX token may look for a breakout.

515
Falling wedge, with FIB 0.236 as long term support.
Price may challenge MA20/W and find a route to break out the wedge.
Interesting setup, watch it alog next few weeks.

In case of a successful breakout would look at the 36-40$ area, first place.
Nota
At resistance and trying to breakout.
Nota
So Alameda CEO just explicitly hinted 22$ as a "fair" price.
Unsurprisingly that's straight 2021 support.

Given that i think i'm abstaining from doing trades on FTT, being an investor and not a gambler.

Whatever the picture, consider that anything starting to smell bad tends to attract the worst subjects. Whatever the opportunity i don't like their company. Matter of hygiene.

To be re-evaluated later.
Nota
No neeed to re-evaluate.
FTX is no more.

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