FTTPERP trade ideas
Bullish Convergence on MACD and Hidden Bullish Divergence on RSIFTT has reacted to the PCZ of a Bullish Gartley on the Weekly and has since begun to develop Weekly Hidden Bullish Divergence on the RSI and tail end Weekly Bullish Convergence on the MACD that could take it up to the levels of $94-$100
Potential weekly breakoutFTT (FTX.com) exchange coin shows signs for a potential weekly kind of breakout. MACD histogram and the Oscillator look good for it.
It sits under the resistance with -0,0004 % funding rates right now. I monitor the funding rates on it for quite awhile and say that the rapid gains are clearly a soft low volume short squeeze till now.
I'm not long but I have a FTT spot bag myself, which in DCA'd in for awhile.
Long:
- Aggressive support play: Go in long on the next smaller timeframe pullback.
- "By the rules" breakout play: Go long on this potential breakout on the retest of it .
Short:
- Pessimist resistance play: Become the resistance; add shorts and hopefully don't get squeezed urself.
- Defensive short: Wait for a rejection at the resistance price levels
3D (Three Days) Snapshot
Daily Snapshot
4h Snapshot
FTT about to breakdownEMAs crossing down, price resting on Ichimoku cloud support after being rejected by channel resistance. RSI in a downtrend. OBV dropped below horizontal support and in a downtrend.
Break below $40.5 and hold and bottom of the range is clear to tap at $21.9.
Flip bullish only if market flip bullish and FTT breaks out of the descending channel.
Miami is warm in the winter
Well, the premise is simple. Miami is warm in the winter, the mayor wants to be paid in bitcoin, he wants
to use the bitcoin to pay for tickets at FuTureseXchange arena.
We wonder if FTT will allow for perks like 2 free beyond meat hotdogs per 25 FTT or something. Snowbirds have
figured it all out, there is no point wasting time freezing every day, looking at sun setting at 4 pm. Miami is warm
in the winter.
Will FTT Coin Price See A Strong Move To $100 ?The weekly technical chart of FTT suggests a strong upside trend in price and can soon see a momentum in the future . The daily chart of the asset price suggests a strong upside move in upcoming days. The price of the asset is trading below the 50 and 100 DMA and may see a positive hybrid in the future. The asset price is currently in an upside parallel channel and may see a momentum to a new high. The 50 MA line of the coin is currently near $42 which may observe a positive hybrid in the future. FTX can also see a strong momentum in upcoming days. Meanwhile, support in the asset in the downside move can be seen near $40. FTT/BTC pair can also move to a new high in upcoming days
FTT bullish breakout possibleAll indicators lining up bullish. Although in a long term descending channel, price broke over local resistance of $44 and now testing it. Above the 4H 200ema. RSI climbing and with space till oversold, obv climbing strongly with no bearish divergence. Above Ichimoku cloud and found support, but twist further left is menacing.
A close below $44 and things will start to flip bearish. Price action has been climbing steadily in a tight channel compressively, this price pattern is weak because Market movers use compression to hunt stops on both side, so the rise is not real.
Further price action is needed to decide the next move.
FTT Historical Reading, Tread analysis, Projection LONG BULL My brother, which doesn't trade crypto, "What do you think of FTT"? My reacation was one of "great another .000044 "shib-coin" to advise on; rather, quite the opposite. BTC will rebound shortly, when it does keep an eye on FTT. I predict 97.00-100.00 by April2022. Currently, that means doubling your money in 5 months. This is more of a "Move off of XRP", which ill admit, I believe that is the future and will be the Facebook to Myspace. ETH will launch ETH2, and all will be well in the AAVE /COMP lending arena too. Getting out of my head for the reader's sake, that leads me to my last proposition - WHAT DO YOU THINK FTT WILL DO OVER THE NEXT 4-6 Months? I have attached simple Fibb, RSI, Vol reading etc.
WHAT DO YOU THINK FTT WILL DO OVER THE NEXT 4-6 Months? Or since we live in the wild west, do we keep buying BITCOIN and stashing XRP to cover>????????
FTT - Range or PushHello,
Disclamer : This is not investment advice
We are on oblique resistance Works 2 time.
My strategy : It is possible that we come to the reloading area of the old rise. I wait the 38.2/38.4 to buy and add stop-losse under the previous bottom at 33.10
the momentum and Williams say it is possible to go bottom and rise after.
Bullish Divergence on FTT!This chart is in the linear form! However, FTT just broke bearish trend line in the candlestick chart.
If we close the daily above that trendline, We can expect FTT to target higher prices.
Next targets:
$48, $53 and $59.
Let me know what you think. Please follow me and like this post!