Ftxtoken
FTT HTF uptrend - new ATH possible ?I was looking at FTT chart from HTF perspective and I could not unsee the similarities I saw in the beginning of the uptrend. We can clearly see HHs and HLs which confirm the uptrend but if you watch the double retest of trendline with EMA 12/21 crossing up - it started a huge move upwards to the new ATH. All I am saying is that it is looking like the trend line is gonna get double retested again and EMA 12/21 is on the verge of crossing up. I am gonna be closely watching FTT and if the 2nd retest of trend line holds (could be also wick to range low - $35), there is only one destination - somewhere up - possibly new ATH.
From LTF perspective, FTT is tradable within range $35 - $61 - buy low, sell high (take profit around mid range already imo :) )
FTTUSDT (ftx’s native token)ANALYSIS 📈📉💹Market Cap:$5,574,433,827
Volume24h: $107,005,774 -13.49%
Circulating Supply: 139,132,501.02 FTT 40% ❗🚫
Max Supply :352,170,015
💰Holders Statistics:
Top 10 Holders: 89.8%
Top 20 Holders:95.38%
Top 50 Holders:98.44%
Top 100 Holders:99.16% ❗🚫
📈📉 technical :
As you can see on the weekly timeframe for the pair of FTT / usdt , Since June 2019 it has listed in ftx exchange and it has had a continues increase in this assumed upward channel ,but I figured that out the correlation between btc and ftt price action has been so high til now, so its future movements high probably depend to btc scenarios and choices again. thus if it want get started a new bullish rally and maintain this channel we should see at least a weekly close on the red downward trend line or on resistance red zone for assurance , otherwise I think it will probably start the bearish scenario, by breaking down its upward channel ,and it'll decrease to the lower support area .
🛑current weeky resistance level: $51-57
❇️current weeky support level: $30-34
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
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FTT.Usdt (Y21.P7.E1).Bullish structureHi All,
Bullish structure and I do anticipate that we will have a volatile ranging recovery and the point is, there is a perspective and this is bullish.
We can also have a bearish perspective but I'm bullish on BTC along with its onchain data not showing anything bearish.
All the best,
S.SAri
FTX 170% profit incomingHello all. Here is a simple FTX Token analysis. (Can't buy on coinbase yet!)
Looking at the price on daily chart, we see that FTX is trading in the fib golden pocket at $44-$46. This is indicated on the left side Fibonacci retracement.
We can also see that FTX found support on the ascending line of support which is the bottom yellow line.
The 170% trade is possible if we buy FTX at this current price and sell it at $128 which is the 161% Fibonacci retracement level (indicated on the right side).
It is possible that we see little more pull back around $40 which will correspond with our descending line of support.
Thanks for reading, and stay tuned. Happy Thanksgiving.
What is FTX ? Here is an educational youtube video for you.
www.youtube.com
FTX / FTTAt the end of its bearish cycle in the future upward crossing of the 50% RSI on the Ashi candles and with a solid confirmation of a new weekly low in one of the next two supports to find the ENTRY POINT best (s).
We observe the continuity of the uptrend and the immense upside potential of this FTX Exchange Crypto.
FTX Token - ATH? 🤔FTX token recently made all time highs but the quickly dropped back down.
It broke the major trendline, which tells us that the uptrend is growing weaker. We are now struggling to move up back to ATH's.
Will be keeping a close eye on this and if we correct all the way to ATH, could be the making of a great short!
However, if we see any bullish corrections now, we can get in with stops below the red trendline.
#FTXTOKEN #FTX DAILY CHART TECHNICAL ANALYSIS
Considering the orange and purple uptrend channel and the fact that the price has supported its uptrend line, as well as the formation of a triangular pattern, we can expect the price to grow to one of the following targets.
TARGET1: 100$
TARGET2: 140$
TARGET3: 170$
Due to the strong resistance on the first target, if the price reaches this target, save profit and free risk must be done.
STOP LOSS: 47$
ENTRY: 66-58
TIME 2-8W
FTT/USDT FTX EXCHANGEMoney flows to America. Because ftx is the largest american stock exchange. FTT will price the token. BTC record price came in according to american time. Not according to Chinese time. This is how we can follow the direction of the flow of money. Follow the money and win.
It is not investment advice.
FTT Heading For Price Discovery 🔥Following on from Solana's breakout, FTT normally follows SOL and it currently appears to be in the latter stages of plotting a cup and handle formation, targets are $86, then a pull back into handle formation before lifting off towards $111 on handle breakout.
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FTTUSDT (4h Chart) - Ascending Triangle PatternFTTUSDT (4h Chart) Technical analysis
FTTUSDT (4h Chart) Currently trading at $61.75
Buy level :Above $61.20
Stop loss: Below $55.51
TP1: $67.85
TP2: $73.02
TP3: $78.11
TP4: $83.80
Max Leverage 3x
Always keep Stop loss
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