Jack's Trading Classroom | FTTUSD Bullish Target Update

Currently, we are looking at the four-hour candlestick chart of FTTUSD. In the chart, FTT is showing a standard bullish arrangement in the EMA exponential moving average lines, with the moving averages diverging upwards and forming a bottom-high pattern overall.

Currently, we are looking at the four-hour candlestick chart of FTTUSD, with FTT showing a standard bullish arrangement on the EMA exponential moving average line, with the moving averages diverging upwards, overall presenting a bottom-high pattern.

After a recent pullback at Fibonacci support levels of 38.2 and 41.8, it has broken through the previous high resistance level of 59.608. In the future, the Fibonacci resistance zone of 127.2-138.2 is seen as a bullish target range of 67.174-70.233.

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