FTTUSDT
FTTUSDT Breakout Confirmed! FTTUSDT technical analysis update
FTTUSDT currently trading at 29.40, the price moving above the resistance zone after 2 months of consolidation and 200EMA and 100 EMA crossed in 4h chart, I'm expecting a good up move in FTT.
Buy zone: $29.00 - $29.80
Stop loss : $27.00
Target 1 : $31.50
Target 2 : $33.80
Target 3 : $37.00
Swing trade setup
Always keep stop loss
FTX FTT - The most bullish altcoin! Huge base + Elliott Wave
FTT is one of the most bullish altcoins on the weekly timeframe, together with BNB!
We have a clear very bullish structure (rectangle) and bulls successfully defended previous swing low.
My Elliott wave analysis suggests that we have completed an ABC (ZigZag 5-3-5) correction and we can definitely go up from here!
If we take a look at the volume indicator, we can see a very low bearish pressure, so it's really good to see.
Out profit target can be 0.618 FIB extension from Wave 1 -> Wave 2, but this is just a projection for now.
FTX exchange is growing really fast and there is a lot of demand for the token.
Look at my ideas about interesting altcoins in the related section down below ↓
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FTT/USDT - Potential Short ScenarioHello Traders!
FTT continues its downward movement.
Price is testing the support level of $24.50 and fixed below MA100 on a weekly timeframe.
Based on the current macroeconomic situation with inflation and the debt load in the crypto-industry, we can assume that the market will continue to plunge.
In that case, on the next wave of falling, there are prospects of medium-term purchases with a discount. It is possible to look for purchases near the support level of $10.75 in the price range of $10.75 - $14.45.
Targets of such purchases will be the levels of $24.50 and $36.00
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
Long $FTT. Simple Risk/Reward Play. [#TheCryptocracy]FTT will definitely outperform BTC in the short term, and I think it will breakout against USD as well. I am using this as an opportunity to get some ez btc & usd via leveraged longs, and have set a tight stop below diagonal support. Looks prime to me overall, and it could be a potential bottom w/ a inverse head and shoulders, making this play a great entry for long term until proven otherwise. NOT FINANCIAL ADVICE. DYOR! GL :)
#TheCryptocracy
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%
FTTUSDT: Binance | Bearish Harmonic Patterns detected in LTFFew moments back I noticed Bullish Harmonic Pattern in 4H time frame which I have shared here already.
You can check that out here.
https://in(.)tradingview(.)com/chart/FTTUSD/JzgcmoGS-FTTUSD-Bullish-Crab-Detected/| Remove brackets to get link
Anyways let's continue this idea.
I have noticed Anti Nen Star as well as Cypher patterns in 1H time frame so I have opened short position here with below mentioned Entry, TP, and Stop Loss to scalp.
Pattern 1: Anti Nen Star: SHORT
----------------------------
Entry: 24.919
Take Profit: 24.64, 23.96, 23, 22.93
Stop Loss: 25.198
Pattern 2: Cypher: SHORT
----------------------------
Entry: 24.919
Take Profits: 24.43, 23.75, 22.93
Stop Loss: 25.408
Note: Once Take Profit 1 gets flipped i.e. becomes resistance I would move SL at entry and ride the trade.
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 )
FTTUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for FTTUSDT
Here we have R1 as the resistance line and you observe the unsuccessful attempts of the price in order to rise. S1 is our support line and it includes the support of the price at several points. At the present, the price is fluctuating below R1 and above S1 in a triangular shape and we expect either the price will fall to S1 and then experiences a rise toward R1 (which is a good area to consider a long position). Also it is possible for the price to move above R1 and by receiving confirmation candles and a fixation over this line, we will expect more increase for it. It may happen that the price moves below S1 and face more decline.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
FTTUSD: $45 if this pattern plays out.Hello All. Looking at FTX on the daily timeframe we see a formation of a descending wedge pattern which is a bullish cart pattern.
We see that the price broke bullish out of the descending line of resistance and currently sits above the 21 day MA.
The price target for this bullish breakout sits at $40 which is a potential 45% move towards the upside.
The $40 price is also a psychological level and also the previous resistance; so keep an eye on.
Happy Sunday...
Thanks for reading, and stay tuned. Enjoy.
FTTUSDT ShortThat moment a lot of crypto coins grow down and I watch similar figures and resistance. I think FTT will grow down now.
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
FTX Token Bullish Divergence (55%+ Mapped)We have a very strong bullish divergence with the MACD and RSI on the FTTUSDT chart.
Notice the recent descending channel on FTTUSDT.
Here is the MACD, ascending channel:
Here is the RSI:
And Dogecoin (DOGEUSDT) went ahead and started moving right away.
You can check also Cardano (ADAUSD), Comos (ATOMUSDT), Bitcoin (BTCUSD) & more by visiting my profile.
www.tradingview.com
Namaste.
FTTUSDT🔥 The market repeats another cycle of decline.
What can not be said about the FTT token
Support at the level of 22.5 does not look bad, for now I will just take the coin under observation, if the support at 22.5 flies, then we can expect a fall in the area of $ 11
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