Bitcoin NOW and in a WEEK!This situation on Bitcoin is not surprising at all. The market is still inactive, although volumes are growing - that's good to know.
We are expecting another decline with more probability than growth from this point.
Local growth up to $21000+ is possible and logical. Mid-term I don't see any signs of high prices recovery.
I'm developer, so I trade only with modern software. And I can tell you a lot about this.
FTX
🎲 #XRPPERP #LONG #SCALP 🎲🎲 #XRPPERP #LONG #SCALP 🎲
"Roll The Dice"
Risk
- Med-High
Entry Conditions:
🦄 Web3 climate startup Thallo partners with #Ripple to build its marketplace.
🦄 #Binance adds $XRP to its list of Dual Investment products.
ENTRY: 0.467050
TP1: 4.26%
0.486925
TP2: 6.46%
0.497225
SL: 2.17%
0.456925
FTT Must Hold Above $22; or Be DestroyedFTT has traded within this Giant Falling Wedge Pattern and is at a Weekly Support Level like the SPX and Nasdaq as well as the Pattern Completion Zone of a Bullish Gartley so Long as it holds above support we should see a Decent Breakout Very soon from here Potentially to $60-$71.
FTX token FTT is an FTX exchange token and has many usecases on the exchange, just like any other such token: burning tokens for a 1/3 of exchange revenue, discounts on fees for holders, use in various exchange activities, also institutions and investors pay expenses in FTT tokens by purchasing a "white" version of the FTX OTC portal and futures market. In a sense, betting on FTT on par with Solana is betting on Sam's success in the crypto industry. And so far SBF is succeeding in it - FTX is now one of the top 3 exchanges in terms of volume. In terms of tech - there is a lot of liquidity support behind the token, and I don't think it will be allowed to drop much, it is holding up well on this fire, just like all crypto exchanges tokens. As previously reported, Sam Bankman-Fried is willing to give $1 billion to support crypto projects = buy them at low prices = possible further development of the exchange and with it FTT price growth. We are now approaching $21-24 support, it would make sense to break that support and gather liquidity, so it would be prudent to wait for a drop to $16-18 for long-term buying, but to reassure, I would wait for a breakdown of the downtrend line and return above $22, because there is a possibility that after support we may see a sharp squeeze down, as we have seen before (-50% for 1 week as in May 2021).
Potential possible targets of SOLWe have seen that in its history it has gained from its ATL (all time low) to its ATH (all time high)
a + 20,000%, exactly twenty thousand percent in a year.
As you know, we live in a bear market moment that could have come to an end, so we asked ourselves how much could be earned by investing in SOL?
What technique did we use?
In a monthly chart with minimum and maximum points, we used the `` Fibonacci Extension '' a solid indicator that allows us to see the strength of the trend in this case of the macro trend.
The Fibonacci extension is set from the minimum point to the maximum point, retracing up to the trend change point or (if the bear market is finished) the local minimum of $ 25.
We can then automatically see the strength of the trend with the price and in green the percentage gain from the current price of $ 37.
What do you think?
If you liked the chart, please like and comment.
Thanks for reading.
LPI
Icarus gearing up its wings! Opinion:
Short term trade. TP at 39.72! :)
Each level L1-L3 (S1-S3) and TP1-TP3 has a deployment percentage. The idea is to flag these levels so I can buy 11% at L1 , 28% at L2 and if L3 deploy 61% of assigned dry powder. The same in reverse goes for TP. TP1: 61%, TP2:28% and TP3:11%. If chart pivots between TP's and L's these percentages are still respected. I like to use the trading range to accumulate by using this tactic.
Just my personal way of using this. This is not intended or made to constitute any financial advice.
This is not intended or made to constitute any financial advice.
FED Macro Situation Consideration:
All TP's are drawn within the context of a return to FED neutral policy. I do not expect these levels to be reached before tightening is over.
NOT INVESTMENT ADVICE
I am not a financial advisor.
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$FTTBTC: Pair trade setup...I think we can go long $FTTUSD against a same size short in $BTCUSD, the ratio chart shows there's 95% upside with 5% risk give or take, historically, in bear markets, exchange tokens have done well vs Bitcoin (like $BNBBTC did in the prior bear market back in 2018-2020). It might be worth a punt here...Betting on Sam might be a decent gamble, relatively vs Bitcoin at least. You can stake your $FTT as well, while you hold the $BTCUSD short, but need enough collateral to not be at risk. The bearish case in $BTCUSD might still be valid, judging by the action today, which erased yesterday's up bar. It's worth a shot.
Best of luck,
Ivan Labrie.
What a base on FTX! 2 targets inside🚀Hi friends! Another crypto giant creates a huge base (or accumulation range) to skyrocket soon!
More about the base were in this idea! Check it to get more experience in trading.
Now FTX inside in the triangle and queeze to the top boundary. It`s a bullish signal but almost all altcoin depends on BTC. If BTC will break the 25k and move to 27-28k FTX is easilly reach this targets:
1. $38.5-40 - the closest value area and resitance for the price
2. $48.5 - the key level and reversal point
🚩 The big players (whales) accumulate FTX at the bottom as we can see at the chart.
📊 Here are the preconditions to open a long:
🔥 suqeeze to the trendline
🔥 whales orders to buy which DOM and Footprint indicators show
🔥 possible trap (shake out) to collect long traders sl
🔥 bullish BTC help FTX to reach all the targets
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
FTT (will history repeat itself ?)FTT / USDT
After bearish phase there are accumulation phase then bullish phase
Just look at FTT in (late July and early August 2021)
And compare it with current price action
Its looks the same start, same price action with same support and even same months !! Thats a great fractal with one year ago
Will history repeat itself ?
Very high potential
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
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
CHANGED MY PLAN - IM NOW LONG I changed the plan of my last trade (look at my last post) because of the 3 suspiscious wicks on the daily chart, because of the trend in the recent day (15m chart) many traders are trapped there and cant get out of there position i think the target of capitulation isnt reached yet, i am seeing that capitulation is about those highs. thanks.
After calling the low in #Litecoin back in June 4th to $40...
we are due a nice rally
Back to the old funnel area of $65
After first calling a break to $80
and then the (most likely) final bearish continuation patterm
I am no longer bearish!!!
And I am currently long #Litecoin
avg entry price $50.61 via futures contracts
FTT - FTX Token LongFTT is at the important zone now in the daily timeframe. The price has been falling about 70% from ATH, while this drop is 90% or more for most altcoins.
Additionally, it has a double bottom and almost a higher low in the lower time frames, so it seems to be good to buy for the mid-term and long-term at these prices.
FTX/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
On this chart I want you to look at a few things.
From the ATH we've dropped about 73% so far
A lot of the coins I've charted for you has gone to the 82% or more area. On the fib retracement, if you look at the white lines, below the 0.236 fib level
where the purple circle is; That is where majority of altcoins have retraced to so far. This coin has a high possibility of going below the 0.236 fib as well.
RR: 7.4
Possible Upside: 459%
Possible Downside: 65%
FTT FTX- Fundamental strong token that is backed by a working company.
-They don't compete for L1 place or usability, speed, etc. Just revenue.
=> On the chart you see the RSI Daily moving inside a channel, leading us we should buy when it hits the lower boundaries.
=> We can expect a bounce from 19.3$ 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 )