FTTUSD : Bullish Crab DetectedHi, this is my first time where I am going to publish in public I hope you like it.
FTTUSD : 4H - 1H
I noticed a bullish Crab in 4H time frame so opened a long position with below mention SL, Entry and Take Profit(2)
I have marked Take profit levels based on Fib levels.
Trade Idea
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Entry : 23.64
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TP1: 25.149
TP2: 26:570
TP3: 27.602
TP2: 32.597
Stop Loss: 22.48 (If BTC does not go mad suddenly then take it as 4h close below 22.48 for confirmation)
Note: Once Take Profit 1 gets flip as support then I will move SL at entry
FTTUSD
FTT - FTX Token LongFTT is at the important zone now in the daily timeframe. The price has been falling about 70% from ATH, while this drop is 90% or more for most altcoins.
Additionally, it has a double bottom and almost a higher low in the lower time frames, so it seems to be good to buy for the mid-term and long-term at these prices.
FTX/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
On this chart I want you to look at a few things.
From the ATH we've dropped about 73% so far
A lot of the coins I've charted for you has gone to the 82% or more area. On the fib retracement, if you look at the white lines, below the 0.236 fib level
where the purple circle is; That is where majority of altcoins have retraced to so far. This coin has a high possibility of going below the 0.236 fib as well.
RR: 7.4
Possible Upside: 459%
Possible Downside: 65%
FTT FTX- Fundamental strong token that is backed by a working company.
-They don't compete for L1 place or usability, speed, etc. Just revenue.
=> On the chart you see the RSI Daily moving inside a channel, leading us we should buy when it hits the lower boundaries.
=> We can expect a bounce from 19.3$ till 21$+
=> If BTC bombs below 18k and goes to 16.5k or lower, ftx might drop on all the Red support levels I've drawn.
=> Last support is 11-10$.
=> That is the absolute accummulation zone but I doubt it goes there. Only btc, eth and ftt are down 70% from ath, the rest of the top 100 coins are -85 and more, make your choice.
Thanks, cheers )
FTTUSD Return to Strong Trend LineFTT can be seen to have a very strong uptrend (in green) that is yet to be tested at these high levels it has reached
A return to this level coincides well with the 0.618 fib level, as shown by the curvy arrow
Bearish action will be brief but strong towards the trend line
FTTUSD ❕ boundariesFTT is moving in the downward channel near its upper boundary.
The price is near the upper boundary of the trading range.
There are two versions of the downward channel, but in both cases there is a margin for a downward move.
The volatility of the price movement has decreased in recent days.
The price movement is lagging behind and showing better than the market.
Trading volumes have increased during the price decline.
The main MAs on the 30m Timeframe are bearish.
I expect that the price may test the upper boundary of the channel, but after fixing under it will continue to fall.
Where to buy FTTUSD A very strong Trend line has developed along the White line at the bottom of the Fib channel
This Trend line will extend to where price is developing now, and once it is retested will act as a point of support
This is the best entry point, it will be around ~$22 per coin once the Trend line is hit
FTT/USDT BUYING SETUP (SWING)Buying #FTT/USDT (SWING)
$FTT breakout falling wedge pattern with big buy volume , RSI bullish divergence Valid and then MACD showing have golden cross, Price action and indicator support for bullish movement
we can entry now or wait for retest first
Buy zone : 27.50 - 26.5 - 25.3
Target : 30 - 32.35 - 35.27 - 39.27
Stop : 24
#FTT/USDT 3Hr UPDATE BY CRYPTOSANDERS !!Welcome to this quick FTT/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason for trade:- #FTT/USDT is breaking out of the falling wedge and retesting buy the green zone.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
FTT bull caseFTX Token is trying to break out of this falling wedge (yellow) and may be forming Inverted Head and Shoulders🤷 on the Daily timeframe. If price breaks the falling wedge upper edge and then the Neckline I think there is chance for run to 68 and even higher. Actually in anticipation of this happening I'm already looking for buy signals on lower timeframe (2h) and I see another potential Inverted Head and Shoulders in the making:
Once the Neckline of this smaller iH&S (2h)☝️ is broken I will set the BUY LIMIT order to catch the pullback to Neckline (testing it from above) as shown on the 2h TF picture.
ENTRY : Backtest of the broken Neckline (2h) @ 43.5
STOPLOSS (SL) : Right Shoulder (iH&S Daily) = Head (iH&S 2h) @ 37.3
TARGETS (TP) : Inverted H&S target projections @ 49.5 & 68
REWARD RISK RATIO (RRR) : 1 & 4
INVALIDATION : when SL level hit
Check my other stuff in related ideas.
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
FTTUSDthis is a completed bullish cfork with .618 target hit
but kinda looks like it just wants to do it again?
lol wierd chart
the instant retrace is super bearish but it could be that btc moved down and ftt is still just a btc crypto derivative
amazing how big companies like ftt and bincnace and microstrategy get influenced by this crazy volatile global asset
the traditional finanical world being in semi meltdown is something of a factor tho i suppose
hope everyones holding up ok out there
FTT bull flag breakout and HL forming!FTT/USDT
FTT has broken out of a massive bull flag on the HTF, having started an uptrend putting in a new series of higher highs and higher lows and forming the next higher low as we have corrected into daily and weekly demand zones.
Price corrected into a supply to demand flip with a high volume bottom before reversing trend and flipping bullish. RSI on weekly looks reset above the MA with bullish divergence and starting to curve up and could be the start of a massive move in line with the HTF as structure and orderflow has flipped bullish on the weekly
FTTUSDcrypto market wide nuke from last cycle would suggest this kind of price action
fundamentally this is crazy to think about given all the mass adoption and high profiles now involved in the space
but this is technically what happened to now crazily high valuation companies such as binance
think ftt would have to hold up better than this given the status and acclaim assosiated with succsessful sbf products and connections
just a scenario albeit id say ftt was more likely to hit 100$ than 4$ personally
myby an argument as to why the 3year cycles should be less of a thing this time around...
Which Altcoin is most profitable now??Hello friends...
i'm checking lot's of altcoins to introduce best ones to you.
i think FTT is one of the best Altcoins that you can buy for a good profit.
it is bullish in btc pair and broke out weekly bear base and is very close to break monthly bear base. if you want to know how much this is important, i have to tell you only less than 10 Altcoins have this situation.
it has best supports as static levels, Dinamic levels, Ma, Ema and Sma. good news is there is no heavy resistance for it. i will set a buy order in support zones.
let's make a great profit...
if you have any questions, please ask me in comments...
FTT Bull flag breakoutFTT has broken out of a downward channel bull flag to the upside having retested the outer channel. MACD on weekly looks great having just created a bullish crossover and bullish divergences occurring on RSI and MACD as the histogram starts to print its first green bar since November.
Weekly market structure is still bullish having put in a new HH and now formed a HL where it has started to reverse here after correcting into a supply to demand flip zone on the weekly. Id expect the trend to continue to the upside from here based on HTF market structure.
$FTT, Waking up after a long time bouncing on a tight range $FTT
Waking up after a long time bouncing on a tight range
Both /BTC and /USD pairs are looking strong, showing HHs above last 2/3 months values
Volume also starting to rise
UCTS signalling buys on the 1D/2D timeframes (took it against USD / 14% up already)
Let it run
#FTT