FTT
FTT/USDT bullish momentum From demand? 👀🚀FTX Today Analysis💎 Paradisers, direct your attention to #FTTUSDT, currently nestled in a demand zone and brimming with potential for a bullish upheaval.
💎 Amidst the market's ebb and flow, #FTXTOKEN recently grappled with resistance at $3.3487, sparking a liquidity rush above this level, which then spiraled into a steep decline. However, the tide seems to be turning, with #FTT garnering bullish strength in the demand zone at $2.9298. Should it robustly anchor itself above this level, we could witness a spirited ascent, eyeing the ambitious supply zone target at $4.7940.
💎 On the flip side, if #FTT finds itself wrestling to stay afloat above the $2.9298 demand mark, it's time for a tactical pivot. We might then set our sights on a bullish resurgence from a strategic lower foothold at $2.7099. Keep a keen eye here, as a slip beneath this point could unfurl the sails for a significant descent, steering the #FTT journey into deeper waters.
FTT Long - But not yet - look for the right entry!We can see in the 4h Chart, FTT is in an downtrend. On the daily chart i dont see today not an uptrend or something like that.
i think we drop to 2.9 - 3.1 before a next pump is going on.
So stay tuned for in the next 2 weeks for the right entry on the lower levels (M1 and M2).
Entry from 2.9 - 3.1 or maybe a little bit lower to our 800 Ema 2.7. (To soon to say it right)
Then we can go up to 8$ easy and more, but i will make an update to this chart when its starting!
FTT update 12/12/23: fresh look at old @#$@at old COIN ofcourse :) but u got the point
ANYWAY, thanks to mr. @Anoinvest
I decided to look at the question from the other side and weigh the pros and cons arguments of the bullish scenario for FTT.
pros: bullish mood, falling dominance of bitcoin, ETH in correction (ending diagonal).
cons: 1dft divergence on FTT, too weak leadin' diagonal, very short Wave 4 of (1).
there are two options here now:
1. bullish. the major correction iz over, C of 2 iz placed and there be no more prise for 2$ for FTT, rocket iz launched. All we can do is buy on the correction in zone I (and the minimal target of this correction iz complited) it CAN the price may go lower, but it MUST not
2. bearish. My older opinion, number II zone.
I will buy some based on option 1. and will buy more IF it reaches 2$.
if u are homeless... just... buy a house... mneeeh
FTT update 27.12.23: The #*i@ originDo you know what I dislike the most? Corrections. These tricky zigzags, abstruse combinations and treacherously dangerous variations 1-2.
Especially when the market seems bullish.
More than that, I don't like all kinds of influencers, with subscribers of 5,000+ people, who interfere with rational thinking. Actually, this time it turned out that way (last time I listened to the "expert" from BIG TIME(you can see this in my post about bigtime)). They throw you off the right course and it's annoying.
BUT that's enough, I'm going back to the basics.
if you follow my FT review, you may have noticed that I considered 2 options: bullish and correction to the $2 zone. I'm coming back to this idea, a $2 correction, through a FLAT. Look at the graph, you can see everything there. do the math yourself, if you know Elliott's theory. If not, then follow the drawing.
The attractive madness of the ancients is growing and their voices are being heard more and more vividly in the mouths of hamsters. I'm buying an alts, they say. We'll see.
I also bought and will buy more, but... below :)
PEACE! WAR! Neutrality!
FTT UPDATE 15-12-23 same old songit was a music group Pain I guess and one of their songs was song "same old song". Texted by Richard Song and Michel Wong I dunno, its all madness what u read :)
ANYWAY
I figured out that we now in Option I, we continue correction into Wave C witch(which) will be an Endin' Diagonal.
All on da chart, just look and be greedy in right time:)
and remember - red goz fasta
🔥FTX RESTART CAN SEND THE TOKEN TO NEW HIGHSThe first wave of FTT growth begins on the news about the exchange relaunch. I bought this altcoin at $1 and wrote about it here.
The second wave of growth could start on the news about Binance regulation and upcoming FTX relaunch.
💥 The targets are on chart!
like❤️ and follow
MY FIRST IDEA ABOUT FTX Token. The FTT/BUSD pair was delated and I can't make an update of the idea. Check it!
FTT UPDATE 11.12.23UR PAWA IZ WEEK OLDMAN
it seemz like REVERSAL line I mapped worked. nice. or not :)
anyway I think that we in correction zone and its mr.T ends. and it will be C of A of ABC
will see.
I try to buy sone everywhere I can, in case if Im wrong. But I dont ;) think so.
peace! war! neutrality!
FTT FTX 3.55 | Key levels for 10x payout like Celsius Voyager Luna theres always a big pump after the artificial dump
we await that white knight or bail out cross deals
the value of this COIN is the user base of FTX which came from Binance & Bitmex in 2019
excluding heavy hitters that get bailed out when the price tanks below their COST Of ENTRY
$FTT FTX Ascending Triangle.... Ready for Higher prices?TSX:FTT ftx price action has formed an ascending Triangle
Current Price: $4.39
#Ftt needs to break horizontal resistance around 4.9 for higher prices: 5.57, 6.45, 7.2
Else If TSX:FTT continues to reject horizontal resistance then expect retest of previous supports: 3.56, 2.87
Is This a Joke? FTT Pumps After SEC Chair Said FTX Could Reboot.
FTT has surged amid a potential restart of the FTX after SEC chairman Gary Gensler said that the exchange could reboot if it follows rules. The SEC chairman stated in a CNBC interview on November 9 that if anyone wants to do it, “do it within the law.”
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#FTT #FTX TokenAfter the recent pump, it is being corrected in the resistance range of $5, which has now formed a contraction pattern, which according to the momentum and upward guard, if it exits from the top and pullback to the trend, it can reach the range of $9 in the first step, and if Break to the $20 range and continue its growth.
FTT: Forgive The Trickery - When SEC Overlooks Mischiefs 🎭🔍In a world where market dynamics often border on the theatrical, FTT token finds itself in the spotlight. 🌟 Let's dive into the nuances of this intriguing crypto token, against a backdrop of regulatory oversight and market maneuvers.
📉 A Closer Look at the Charts:
Shorting Opportunity at $7.8: Our analysis indicates a ripe shorting opportunity at around $7.8. This level is not just a number; it's a reflection of market sentiment and technical strength (or lack thereof).
Breakout Point - "Biden Revives the Zombie": In contrast, there's a breakout level which, if crossed, could lead to a significant surge in FTT's value. We're watching this space closely!
🌐 Contextual Insights:
The Binance and FTX Saga: Recent developments have seen traders shifting away from tokens like BNB and FTT. The reasons? Regulatory pressures and market uncertainty. This article sheds more light on the trend.
Regulatory Glare: The SEC's recent actions, especially the fine against Binance, have stirred the pot in the crypto world. Adding to this is the continuing saga of FTX and Sam Bankman-Fried, as detailed here.
🚦 Regulatory Oversight or Oversight?
The dance between the SEC and crypto entities like FTX is intricate. Are we witnessing a case of "forgive the trickery" as the SEC navigates through a maze of regulatory challenges and market realities?
How FTT maneuvers through these turbulent waters, amidst the SEC's gaze, could be a tell-tale sign of its future trajectory.
As the crypto market continues its unpredictable journey, FTT stands as a symbol of the complexities and intrigues that define this space. Whether it's regulatory challenges or market dynamics, FTT's path is one to watch. 📈
One Love,
The FXPROFESSOR ♡
ps. I would like to go SHORT on this one and post it as a Bearish idea but with Blackrock ready to enter and their need for an American exchange i do not dare... will trade it in due time, no worries!