FTTPERP trade ideas
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.
FTTVolume profile
Weak reversal signal after dropping below EMAs
Possible TP above $40 until it can get back above EMAs
Long term - accumulate more. This is the BNB of the new Cycle and has way more potential
FTT 1H BUYAlso set some Buy orders near the Trendline
Remember no more than 5% of the deposit in one trade
SL: next sell signal
FTX Token (FTT) • Pullback in progress. Is bottom in?FTT is used to get trading fees discounts on FTX.
FTT sees finally broke the downtrend structure and seems to be running towards the resistance.
However, we don't have *strong* evidence that the bottom is in.
Last FTT video:
FTTclosed above so longed on close. note every other time we've had 2 red weekly candles. definitely worth a punt.
Long spot #FTTUSDLong spot #FTTUSD at current market price
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Super algorithm is bullish.
Great FA
Great TA.
FTT FTX token ready for some moves. 500 USD EOY.FTT is ready. 159 Short Term target in a month then EOY 500. Cheers.
FTX Token (FTT) • Local top(s) seem to be in FTT is currently looking toppy here, even if it decide to rest highs. Daily and Weekly chart showing weakness and local top volumes seem pretty crazy as well.
In the video I walk through some S/R levels and some scenarios.
Is FTX token (FTT) going for new ATH ???Hello everyone ! FTT is the native cryptocurrency token of the crypto derivatives trading platform FTX that launched on May 8, 2019. FTX is one of the very known exchange platform and FTT is token of it. You would know that exhange tokens are rising non-stop! Currently FTT is going for new ATH and if it comes to retest the 59.6 level, you may want to add this to your portfolio. Please consider the BTC and market trends as well. Have a nice one !
Break resistance and turn it to supportMay break to new ATH, Then test old ATH as support. (S/R arbitrary lines i've drawn on chart)
BullFlag on FTT aka a SBFlag (broke out & re-tested already)BULLFLAG on FTT-PERP (FTX ); target should hit just under 90$. If BTC dumps, all trades follow. If BTC cooperates, we all win.
BF looks completed, brokeout and restested. Closed above, should be good to long it from here.
Entry would be current price ~$55.
Targets always just before Fib Lines. Final Targe twould be just before $90; dont be greedy, take profits BEFORE those fib lines and BEFORE those psychological numbers ei $90.00.
Doesnt take much for BTC to bleed the market, so manage it tightly, don't over invest, take profits and shift your SL above entry once youre trade is above entry.
Not financial advise, jsut sharing my thoughts and hope you can succeed from my shared ideas.
Feel free to leave comments, hit like to show support and if you manage to hit targets from my ideas, please let us know and tips are always welcomed :)
FTT 30m BUYAlso set some Buy orders near the Trendline
Remember no more than 5% of the deposit in one trade
SL: next sell signal
