FTTBTC
FTTUSDT Technical Analysis⏳ Spot
💎 FTTUSDT has been supported by the support line and has been making HHs and HLs. If it breaks above the significant resistance I expect the bullish move continuation
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🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 60.00 - 62.12
☕️ TP1 72.72
🍺 TP2 84.84
🍻 TP3 97.97
🍾 TP4 110.0
🍷 TP5
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 56.46
Good Luck 🎲
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FTTUSDT Technical Analysis⏳ Spot
💎 FTTUSDT has broken above the symmetrical triangle by a large green candles which shows the bulls are in control. The price is under a significant resistance and we might have a rejection soon but after the breakout it will go higher
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 57.00
☕️ TP1 64.64
🍺 TP2 72.72
🍻 TP3 82.83
🍾 TP4 ______
🍷 TP5 ______
🍸 TP6 ______
🍹 TP7 ______
🎁 TP8 ______
🚫 SL 52.00
Good Luck 🎲
Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️
Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this.
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
We will have more FREE forecasts in TradingView soon
Have a Profitable Day
FTTBTC bounce here or revisit the bluebox supplyzonebtc charging into aths soon
fttbtc would wanna bounce here if it was to remain broken out of downtrend..
when it does finally find supplyzone i expect fft to race to 100$ quickly
FTT/USD - Long opportunity for 10%, resistance broken! 🚀FTT has broken the resistance that has acted in this role since early September. After several re-tests we finally broke it once we bounced on a good support level
Now we're making this resistance level support, should that succeed, I see up quickly moving up with a nice target at $67. Once there best to secure profits and re-assess.
We also have a resistance at $62, however that will likely not hold us much.
The indicators like MACD and RSI are also curving up nicely, hence we're building a nice rally here. Risk reward favors a long.
Good luck!
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$FTT Local Bottom?I am quiet confident that $FTT is had a local bottom here. $ftt still the most bullish alt for the time being since it made new HH on daily, weekly and monthly. next stop could be 0.002 SAT.
FTTBTC - a pullback in an uptrendSimple setups which are almost *obvious* are often the best ones.
One of the simplest and yet most powerful setups is entering on a pullback in a trending market.
Here we see an example of a pullback forming in an uptrend for the coin FTT (on the BTC pair).
A) THE ANALYSIS
FTT is the exchange token for the FTX exchange. Here is what I see on the H4 timeframe for FTTBTC
1) A clear trend -
- The trend is up (a simple glance at the chart is enough to see this)
2) A pullback after an impulse -
- Price action on the pullback is clearly weak, as compared to strength on the impulse (in other words - bulls are strong and bears are weak)
- "Weaker" PA is seen in smaller candles on the pullback, and a gentler angle than the bullish move that preceded it
3) Clear support -
- There is a clear support zone at 0.00135 to 145, that has caused a bullish reaction before. There is another support area below it - 0.0012 to 125
- Also, as a nice confluence, the upper zone lines up with the 20-Day EMA ( which acts as dynamic support in trending markets )
4) Price action on approach -
- We can see wicks appearing on the downside as price approaches the support area - a good sign
B) THE SETUP PARAMETERS
Putting all of this together, we have a nice trade setup, which essentially can be summed up as "buying a pullback into support in an uptrending market"
1) Entry
There are two ways to enter that I use (depends on personal preference)
1 - I would enter directly one price is in the support zone ( potentially better entries, but may get stopped out if price goes lower before reversing ). I would add to the position if price falls to the lower support.
2 - I could also enter after a bullish candlestick , ideally with good volume, at a support. This could be a lower wick pinbar or an engulfing bar at support.
2) Profit taking
1- Minimum (conservative) target would be the prior swing highs (0.00177 or so).
2- But judging by the strength of the trend, this could go much higher. Could take part profits at highs and then hold remaining with a trailing stop below the 20-day EMA.
3) Stop Loss
1 - Aggressive stop would be below the support box
2 - "Safe" stop would be below the key support at 0.0012
Fundamentals - Solana Tailwinds
If you've followed the crypto market in the last few months, you may have seen the incredible growth of Solana
FTT is a coin which belongs in the same ecosystem, and may be supported by the Solana tailwinds.
FTT/BTC buy opportunityHi followers,
BINANCE:FTTBTC showing signs of strength! When all the crypto market had a correction few days ago, FTT stayed strong.
The pair broke recently above all time high, then retested the area and formed higher low with continuation breakout.
Any pullback should be considered as buying opportunity now.
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
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Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only!
$ftt Reversal?As shared yesterday, $ftt came back to my buy zone and obviously everyone buy zone. Breakout ATH in monthly and daily and retest last ATH daily close. Now Go to 0.0015 please
$FTT Local Top?Here I took profits in $FTT could be topped here, bids at previous daily ATH if closed above today,
If not I will bidding lower.
Could be wrong but honestly I don't see R:R here specially as BTC rips here , claiming fib 1.1618 will change my plan obviously.
FTT run babyThis little Gem has been great to me all year since moving over to the FTX trading platform for many reasons.
I loaded up on FTT tokens for the benefits in fees but also a little bit on top because....well its an exchange token and often these things run hard.
We have seen a pretty clear Inverse H&S on the daily from the previous ATH for a nice V bottom recovery and have since broken the neckline and now building a juicey bullflag on the neckline as support.
Its not a huge run to previous high but i also feel that will break quite easily sending us into price discovery once again which could get super interesting.
Strapped in for now lets send it.
FTT CURRENTLY BULLFLAGINGFTT looking hot, reclaimed key S/R area, drawing a nice deviation below. Already retested in HTF confirming the support, so at this point, price looks to be consolidating while drawing a nice bullflag as a continuation pattern, with the main trendline from the HTF acting as resistance too. Key close above this 2 points (red trendline and bullish channel upper resistance), and we are ready to move to new ATH.
Good luck!