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FTX Token / TetherUS

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FTTUSDT trade ideas

FTX/USD - At CRITICAL resistance! $46 will break or make it! 😲FTX has arrived at a critical resistance level - $46. Failure to push higher will likely lead to a pullback. However, as presented on the chart, this last pump may have been wave 4 out of a 5 wave structure and we may get more pain before gain (see wave E). As such, DO NOT FOMO HERE. This is where you take profit if you entered around C level. Even if the 3-day indicators are bullish, I would be careful here if you are considering a long. The 12h timeframe is looking a bit overbought. For FTX to push higher, we need BTC and the whole market to pump more. For now, secure those juicy profits and only consider a long if FTX breaks the current resistance and makes it support. Bias is neutral on this set-up. It can go either way, but I tend to think we fall at least to $44 or so. Like and follow if you liked my idea!
by DU09
FTT/USDT TRADE SETUP! 50% MOVE EXPECTED!!Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this FTT/USDT trade setup. FTT looks good here. Breaking out from the falling wedge-like structure. You can buy some now and add more at the retest. Entry range:- $39.5-$41.5 Target1:- $44.2 Target2:- $48.8 Target3:- $53.7 Target4:- $59.6 SL:- $36.4 If you like this idea then do support it with like and follow. Also, share your views in the comment section. Thank You!
Long
by CoreCrypto1
2
FTTUSDT Analysis (shortterm)Hello friends. Please support my work by clicking the LIKE button(If you liked).Thank you! Everything on the chart. open pos: market and lower target: 44 and 48 after first target reached move ur stop to breakeven stop: under 36.5 (depending of ur risk). ALWAYS follow ur RM . RR 1 to 6 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas!
Long
by trytofeelpositive
6
FTTUSDT Long1) I started out by drawing the bottom dotted trend line of 2-3 lows then cloning that line and placing it above of 2-3 highs. 2) Then I used the fibonacci tool from a high to low and it looked like those areas respected some supports and resistances. 3) By that time it looked like there was a break of structure in the downtrend from the 0.236 to the 0.786 fib levels. 4) So it looks like we are on an uptrend now and if it reaches the 0.618 fib level I will open a long position. 5) The risk/reward ration is 5.17 and I will be decreasing the stop loss after a bounce of the 0.5 fib level, taking profits at the 0.382 fib level and exiting the trade at the 0.236 level. 6) Fundamentally I thing FTX $FTT has a lot of growth potential in 2022 and beyond. I see they want to be compliant towards regulators and that's bullish in the long run for me. DISCLAMER: I am very new to trading so all of this is guess work ( educated guess imo ). Many things can happen but I believe this is one of them. Bitcoin could tank just after I open this trade I get stopped out for example. Any thoughts?
Long
by ludvikkemp
FTT vs USDT ---LONG---05.01.22The coin of the FTX exchange indicated a potentially promising structure for growth. From December 17, you can see an impulse that resembles a leading diagonal, which in turn can be, like wave A in the correctional structure of the ABC (this scenario is marked in red), but also this leading diagonal can only be wave "one" in a more significant impulse of five waves (this scenario is marked in black) Also worth noting is the significant supply or resistance zone, which is around $ 50 (marked grey). In the case of a positive scenario, the price will hold above this area, in the case of the scenario marked in red, the price will not be able to hold above this area. If the price holds below the local minimum of $ 36 (marked with a red tick), both of these scenarios will be irrelevant in the form in which they are indicated at the moment. Total: If you are negative about FTT then you can try to look for short positions in the area marked with gray. If you are positive, you can try to pick up an upward movement within the C wave or an even more significant higher-order impulse.
Long
by P-T-B