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FTTUSD

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 $62, however that will likely not hold us much. The indicators like MACD and RSI are also curving up nicely, hence we're building a nice rally here. Risk reward favors a long. Good luck! Like and follow if you liked this idea!
Long
by DU09
1
FTT at a critical level! Watch for a breakout!Here's a quick look at FTT 2 hr chart. As we can see, the price has been going sideways and has printed a symmetrical triangle. There's also a possible head & shoulder pattern which is bearish. Definitely one to keep an eye on. The best entry would be, when the price breaks above the symmetrical triangle with good amount of volume. If we break below the symmetrical triangle, then im looking for 60$ FTT. ------------------------------------------- The idea is: Buy the breakout from the symmetrical triangle and take profits at the levels shown in the chart. Targets: - Profits can be taken in the resistance zone . 1. 74$ 2. 84$ 3. 99$ ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
5
FTX Token Struggles Near ATH As Bears Attempt To Pull It Down-FTT has risen over 20% the last week -Price has formed an ascending channel over the last week -FTT is being held up by the 50MA FTX Token (FTT) is the backbone of the FTX ecosystem. FTX exchange has been rapidly growing over the last year along with its native token, FTT. FTT has experienced an immense amount of gains throughout the year as prices continue to rise along with the usage of the FTX platform. FTT gives fee rebates to holders of the token along with the opportunity to stake FTT which comes along with many benefits. FTX token can be compared to BNB in the sense that it is woven within each exchange platform which both offer incentives for the users. Ever since the start of September, FTT has had an explosive run up to ATH. Since the 1st of the month FTT is currently up over 55% while it reached a peak gain of 80% just over 2 days ago. At the time of writing, price is attempting to regain its major resistance zone of $75-$78. If this is deemed successful, FTX token will likely spike back above the $80 value. Over the last 10 days price has began to form an ascending channel (light blue). Until a breakout of either trend occurs, FTT will stay put within the channel. 

 Since the beginning of the month, price has been holding above the 50MA very well. This MA can be used as a good gauge as to whether or not FTT is in an uptrend or not. At the time of writing, FTT is tangling on to the bottom trend of its channel formation. Right below this trend lies the 50MA. If bears pull price below its channel trend, the last chance for FTT to keep its uptrend in tact is this MA. In the case price breaks below this MA, FTT will likely be in a short term downtrend which will land prices back in the low $60s. 

 While looking at the Stochastic RSI, we can see strength has been stuck within the oversold region for nearly 2 days. Strength must bounce out of this zone quickly & break the 20 value to save itself from further downside. The MAs of the MACD have been floating above the 0 value ever since the start of the month. This is not the most bullish sign as these MAs always find their way back to the 0 value at minimum. A bounce off the 0 value will likely setup FTT for a push back into its major resistance zone. 

 FTT Intraday Analysis Spot rate: $73.37 Trend: Bullish Volatility: Medium Support: $69.76 Resistance: $75.24

by CoinGape
#FTT to $164 | FTTUSD #FTXHello Padawans, First of all, I request you guys, do not take this analysis as a piece of financial advice, DO MORE RESEARCH, DO MORE ANALYSIS!!! FTT is a good project to me, FTT is a token that serves as the backbone of the FTX ecosystem. The token is intricately designed to increase network effects and demands for the token, while also helping to decrease its circulating supply. #FTT to FTX, looks like #BNB to #BInance. This is a small analysis, I tried to figure out some patterns, I placed the fib, and later I have got those results. Extensions 261.8% 164.2616 200% 138.25 161.8% 122.1716 138.2% 112.2384 100% 96.16 61.8% 80.0816 50% 75.115 38.2% 70.1484 23.6% 64.0032 Let's see what will happen in cryptoverse. To FTT to reach $160 BTC should stay above $65000 level(Its ATH). Cheers guys. May the force be with you.
FTX:FTTUSDLong
by CryptoObi
FTT Ready?FTT is one of my favourite altcoins, with a great future ahead. Now looking short term FTT is approaching the resistance after a series of higher lows creating a triangle. It might have one last rejection at the resistance before breaking it in the next 1-2 days. 25% profit ahead reaching the old ATH and probably temporarily violating it reaching $63. Bullish signs of a possible successful breakout are: - Bullish engulfing in the last support - VMA providing momentum and support on the breakout - bullish cross on the Stoch RSI (daily) Wait for a breakout for a safe entry with a stop loss below the last low (aggressive) FOLLOW ME, SHARE, LIKE AND COMMENT. If you have any questions feel free to ask.
FTX:FTTUSDLong
by CFcryptoTA
3
FTX Token Shows Strength As Uptrend Is Still In Tact-FTT Is up over 30% from its low in June -Price has respected an ascending channel for nearly 3 weeks -FTT must break & hold its mid term trend to be set free FTX token had an amazing run the last year as it rose over 2000% off its low. FTT fell victim to the trend of the market and has fallen over -50% off its ATH. FTX crypto exchange is becoming a widespread name as it nears the top 3 cryptocurrency trading volume in the world. The strong correlation with FTT & FTX exchange has likely held prices higher as there is utility involved with FTT, similar to BNB & Binance. FTT has shown more strength than many alt coins which has investors peaking an eye on a potential stronger revival. FTX has been stuck within an ascending channel the last 3 weeks as traders fight for a strong breakout to either side. In the past week, FTT experienced a rejection at major resistance zone of $30.55-$31.95. Price must break & hold this mark to be set free for a shot to its first target of $34. Along with this resistance zone lies a mid term trend line (shown in black). Price must also break and hold this line for bulls to have a chance to start a stronger bull trend. At the time of writing, the 200MA has held the price of FTT from further downside. This moving average is also met with the bottom trend line of the 3 week ascending channel. If bears manage to take back control of FTT and break these two marks, FTT will have a drop to major support of $26.95. This would also break the 3 week trend line which would be a bearish scenario for FTT as it will likely experience further downfalls. While looking at the Stochastic RSI we can see strength has been coiling within the oversold territory. This may result in a large spike back above the 20 value which will likely send FTT back near $30. The regular RSI also is showing a slight bullish bias as it has formed a bullish divergence. A break above the 50 value on the strength would be the best scenario for FTT. FTT intraday levels Spot rate: $28.96 Trend: Bullish Volatility: Medium 
Support: $28 Resistance: $29.59

by CoinGape
1