FTT/USDT BUYING SETUPFTT Breakout Major falling wedge pattern wait for daily close for confirm valid breakout or false break. if we see in 4h timeframe now FTT on strong resistance potential rejected back to retest on 4h demand before back to trying breakout the resistance . in 4h demand at the time support the trendline
Entry : 31.4 - 29.2 - 27
Target : 37 - 42.31 - 47.98 - 53
Stop : 25.6
Fttbtcsignals
Bitcoin rising for one hour. Good for short trades.Okay so as you see the yellow dotted line. It's acting as a support and also as a resistance in the past. If we analyse the previous record we can see it is very easily broken and hence not a stable resistance or a support. So it gas 99% chances of breaking it and continue in the upward director for an hour or two.
FTTBTCIt was long wave for correction wave and there is triangle back trend with divergence, i think its last wave of triangle of wave A and after that the price can back to up.it can affect on FTTUSDT
FTT is testing a crucial support levelWe have a nice price action around 3000 sats as you can see on the chart. This was and continues to be a strong support area. Also, one more reason to be confident about this support level is because the same 3000 sats level is also the point of control for the VPVR. I expect a rebound from this area in the near future.
FTX US and Coinbase Custody... Leverage Long? | FTX TOKEN ($FTT)Hey fam, we are trying out a new color scheme. Let us know what you think in the comments.
FTX has seen some really bullish news recently between getting added to Coinbase Custody and launching FTX US. While having its leveraged tokens being delisted from Binance was a big blow to this up and coming exchange, there are still plenty of reasons to be bullish on FTX's native token FTT. One of the best reasons to be bullish on FTT is the overall uptrend according to our Fractal Trend indicator and the general appetite for exchange tokens in the crypto market.
With all that said, while a leveraged long would be exciting based on the FA, the TA isn't exactly giving us a clear entry here especially with BTC struggling to find clear support (see the related ideas below). So for now, let's look at some levels of interest to help plan for a nice long setup later.
Currently we are consolidating within a pennant. The bull case here is a rally out of the pennant to the upside. This would help it to retain FTT's overall uptrend since the COVID crash.
If the current price structure does not hold, which seems more likely, we can look for lower levels. Below us we see S1 - S3 support as plotted by our Directional Bias and Orderblock Mapping indicators. Of these S1 gives the bulls a solid support level off of which to ensure a continued uptrend.
Above us is R1 which will act as resistance regardless of which direction the price action goes, but should specifically be watched if FTT can rally past the top of the pennant.
Resources: ftx.us + cointelegraph.com + cointelegraph.com
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FTTBTC: +25% in BTCI find out token that is up in BTC - FTTBTC , token of FTX exchange.
Assuming all other exchange tokens pumped not this great I think there's a decent chance to short this local top.
Stop could be tighter - I'm keeping an eye on the market.
Information is just for educational purposes, never financial advice. Always do your own research.
FTTBTC Buy SignalPattern: Channel Up on 1D.
Signal: Bullish once the price touches the 1D MA50 again on a Higher Low.
Target: 0.000222 (Resistance).