$FTT Local Top?Here I took profits in $FTT could be topped here, bids at previous daily ATH if closed above today,
If not I will bidding lower.
Could be wrong but honestly I don't see R:R here specially as BTC rips here , claiming fib 1.1618 will change my plan obviously.
FTTUSDT
#ftt FTX token, new leg up!It's a gem for next bull ran. We have Massive ressistance at 54$, after breaking ftt will have moon bang.
Also bullish triangle.
Globally waiting for 200$ and 600$ per #FTT. SL only after closing 4h candle under 44$.
Risk under your control.
Sorry my old idea was inactivated, because i published for russian language(((((
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!
FTT 4H looks like wyckoff - might dump if bitcoins go downFTT 4H looks like wyckoff - might dump if bitcoins go down
currently BTC hogging 44K as support for the 3rd time in the last week or two
if this will switch to Resistance FTT will probably dump to shake out weak hands - and then bounce to the sky like SOL
$FTT Cup & Handle$FTT is forming beautiful cup and handle pattern.
It could settled in 0.0015 SAT area.
Just have look on SOL/BTC charts almost similar set up.
Same SAM, Same shits.
FTT New ATH?FTT is used to move along with SOL as sol already made new ATH in BTC and USDT pairs, I think FTT breakout is due.
Already tested the previous daily high and closed daily and 4H above it.
FTTUSDT🌟just take a good look at the volumes traded in the recent candles which are all red and in that scale, what does it proof? when this volume traded in favor of bears and the chart stands still means the chart willing to rise sharply and just need injection of investment so heads up for such coins
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FTX Exchange TokenBeautiful price action. Exchange token prices are directly linked to market sentiment and the success of their associated exchanges.
I'm bullish on this token but would want to find an entry at one of the supports below $40.
For now, this may have to be "The One That Got Away"
Until ... she comes back into the buy zone.
However, I could see this token shooting above $100 in the next rally. But greater returns can be found in other projects.
FTT with inverse H&S bullishAn inverse head and shoulders, also called a "head and shoulders bottom", is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends.
This pattern is identified when the price action meets the following characteristics: the price falls to a trough and then rises; the price falls below the former trough and then rises again; finally, the price falls again but not as far as the second trough. Once the final trough is made, the price heads upward, toward the resistance found near the top of the previous troughs.
I’m waiting for the breakout from the neckline which should be followed by increased volume. An inverse head and shoulders pattern, upon completion, signals a bull market. I’ll go long on the breakout and target $63 level. If Bitcoin stays in range, FTT should move to the upside.
FTT great potential#FTTUSD
With all the negative news surrounding #Binance recently, we have begun to see a shift in volume, moving from Binance into #FTX. $FTT is similar to what #BNB coin is to Binance ( exchange token that comes with benefits for holding it on that specific exchange)
In the coming months, I'm expecting to see FTX take more market share from Binance and other more prominent exchanges.
They have sponsored many high profile sports brands ( MLB, Miami heat arena + Esports
They have also recently completed a $900 funding which gives the company an $18Billion valuation
Looking at the technicals, the price has been in a clear re-acculualtion since falling below $35, with support currently located at $22
Price has also reclaimed the daily Point of control and is above the daily EMA ribbon, although I am still waiting for a bullish twist
Patiently waiting for the price to break above the accumulation zone and add upon the retest to target $45 and $70, although I believe the longer price will be a lot higher.
FTT/USDT - potential 200% long term setup Hello, Traders!
FTT has a strong fundamental component and is a good option for a long-term portfolio.
The market maker is holding the price at March levels and buying out sales, which could indicate intentions to continue the business cycle if market conditions are right.
To reduce risk, the position should be broken into 3 parts and bought up in case of a correction :
20% of volume in the range $25.40 - $28.20
30% of volume in the range of $19.90 - $22.65
50% of volume in the range $13.95 - $16.50
Stop Loss range would be $8.50 - $10.75
Buy targets will be price levels of
$41,90
$54,00
$61,40
Risk/profit ratio above 3 ✅
Good Luck and watch out for the market!
P.S. This is an educational analysis that shall not be considered financial advice
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
FTT in rangeFTT playing the range, two possible path depends on market conditions. One is the inverted head and shoulders which is very bullish and another is a bearish harmonic. At the moment the path is up until resistance. We must observe how the market reacts at resistance to figure out the possible next path.
FTTUSDT(1H CHART) Channel BreakoutFTTUSDT(1H CHART) Technical Analysis Update
Channel Breakout
FTT/USDT currently trading at $32.3
Buy-level: Above $32
Stop loss: Below $29.5
Target 1: $34
Target 2: $37
Target 3: $39
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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