š FTT SET FOR BULLISH RUN: ANALYSIS AND PREDICTION š
š _Technical Analysis:_
Based on the provided data, here's a technical analysis of FTT:
Moving Averages
1. š _MA60:_ 2.9487, indicating a bullish trend.
2. š _MA:_ 2.8692, showing a strong support level.
Exponential Moving Average (EMA)
1. š _EMA:_ 2.9439, indicating a bullish crossover.
Bollinger Bands (BOLL)
1. š _BOLL:_ 2.8700, showing a potential breakout above the upper band.
Stochastic Oscillator (SAR)
1. š _SAR:_ 2.8680, indicating a potential buying signal.
MACD
1. š _MACD:_ 0.0011, showing a bullish convergence.
Volume
1. š _Volume:_ 8,603.2700, indicating increased buying pressure.
Prediction
Based on the analysis, FTT is set for a bullish run, with a potential target of:
- š _Short-term:_ $3.50
- š _Medium-term:_ $4.00
- š _Long-term:_ $5.00
Key Levels to Watch
1. š _Support Level:_ $2.80
2. š _Resistance Level:_ $3.20
Conclusion
FTT's technical indicators are showing a strong bullish trend, with a potential breakout above the upper BOLL band š. With increased buying pressure and a bullish MACD convergence, FTT is set for a bullish run š.