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FTTUSDT trade ideas

💡Don't miss the great buy opportunity in FTTUSD @FTX_OfficialTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (38.68). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . FTTUSD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 68. Take Profits: TP1= @ 40.73 TP2= @ 41.74 TP3= @ 42.99 TP4= @ 44.28 TP5= @ 46.85 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
4
FTT/FTX PERSONAL ANALYSIS IN THE LONG TERMChart shows common supports and resistances based on the Fibonacci and price action. The FTX/FTT coin evaluation is bullish. The long strategy revolves around respecting retracement levels and buying on previously "tested" supports which have huge buyer interest. As you can see the strong support above the red zone is mainly sought as a buying opportunity by speculators/investors. Furthermore, the price action is quite identical to BTC which means it is overall bullish in the longest term. You may long on designated buy orders, but do not buy obviously on resistances despite being bullish in the long term since you might not be maximizing your profit efficiency.
Long
by Wamses
FTTUSDT : expect GREAT gains ahead! There is a great chance for gains trading FTT right now! I strongly belive that this coin is on a verge of doing great things! I will explain my reasoning in detail: FTT is testing a major support confluence: - A strong horizontal support - High time frame diagonal trendline support - 200 daily EMA as a support - Important Fib level s a support - Daily OBV is showing a strong bullish divergence - Weekly OBV is showing a strong bullish divergence - Weekly stochastic RSI is in the making of a bullish cross - Broke 4h EMA50, and turned it to support - Bullish 13-21-50 EMA cross on 4h What we can see is a consolidation on a strong support confluence, backed up by High time frame momentum indicator signals. At the same time, we have lower time frame confirmations. This chart is a giver! There are always multiple scenarios to play, but rarely this much. - If you are a risk-taker, a buy rightnow with a Stop-Loss (SL) beneath the horizontal support at 43$ is a maximum profit strategy. The price needs to break trough 20 and 50 EMA on daily, and later diagonal trendline resistance, and horizontal resistance on its way to ATH. Do not expect such a movement to be momentarily, as there are a lot of resistance to be broken. But, considering the Weekly stochastic RSI, and daily and Weekly OBV, I think that a BIG move is coming! Congrats on your courage, if you took this path! You are a true man of action! - For a medium risk-takers wait for the price to conquer daily EMA 21 and 50, and 4h EMA 200. They are in a similar zone, confluent with the upper edge of the green rectangle, around 53$. Turning this resistance zone to the support will be a strong bullish sign. Going this route is probably the smartest. Riding on the most of the upwards wawe, but also waiting for a stronger bullsih confirmation. - For you guys who don't like to risk much, I understand you. Trading is not gambling. You like your trades clean and risk-free. And that is a great principle to follow. Wait for the price to conquer the diagonal trendline, and even the horizontal resistance represented by the blue rectangle. Turning this area to support during a retest will be the most risk-averse strategy. BONUS: Short time frame low-risk strategy. For you guys who are more into the immediate results, going to the 4h chart is the right way . If the price stays above EMA50 on 4h, wait for the confirmation: bullish cross on a stochastic RSI + bullish engulfing candle, or bullish pinbar candle. SL is below the daily EMA 200. TP is the blue rectangle resistance zone. R:R is 2:1. Dear TA entusiasts, which path did you choose? Is there any way you would improve the setup? I would really like to hear your thoughts and see your results. Do comment below, and share if you liked what you read.
by Dr_Stefan
2
FTTUSDT is testing the daily resistanceFTTUSDT is testing the daily resistance after the breakout from the descending channel. IF the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure.
Long
by InkyGrip
8
FTTUSDT AnalysisHello 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: 72-84-96 after first target reached move ur stop to breakeven stop: ~48 (depending of ur risk). ALWAYS follow ur RM . risk/reward 1 to 4 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! Will be very APPRECIATE FOR UR DONAT/coins :) Open to your questions or suggestions(Looking for investors!).
Long
by trytofeelpositive
💡FTTUSDT ANALYSIS💡HELLO FRIENDS Technically, when we look at the chart in 4 hours, the butterfly bull formation ( Bullish Butterfly ) has been formed. It is very risky to enter the trade before the voluminous momentum comes. Risk money management is very important in such transactions. There are technical levels on the chart. TP1: 60.78 TP2: 70.09 Trade entry level:51.20 (at the closing of the 4-hour candle) Stop loss: 43.18 (based on my own money management) IT IS NOT INVESTMENT ADVICE. IF YOU BENEFIT FROM ANALYSIS, DON'T FORGET TO LIKE AND FOLLOW 👍👍👍👍 IF THERE IS SOMETHING WRONG WITH THE FORMATION, YOU CAN ALSO BE AWARE. 📗📗EDUCATIONAL PURPOSES📗📗 Butterfly BOG Formation ( Bullish Butterfly ) D levels to the level of retraction, the leg should be 127,2's% of X or a rate of 161.8%. • Point D must be below point X. • Moving from point A to point D, a valid ABCD pattern should be observed. • Triangles XAB and BCD must be proportional in time. Ideally, the time spent in the formation of these two triangles should be equal. This is true if it is not BCD Renders the triangle in terms of time when xab UCG 61.8% with 161.8% can be between
Long
by shncoskunn
FTTUSDT Technical Analysis💎 FTTUSDT after breaking out of the descending channel has been in a range between a major support and resistance. The After the breakout of the resistance I expect a bullish move 🌐 Tradingview 💵 Invest Only 5% of your Portfolio 🎳 Entry/Pullback now or from 51.61 - 50.07 ☕️ TP1 54.95 🍺 TP2 58.61 🍻 TP3 62.75 🍾 TP4 67.03 🍷 TP5 71.03 🍸 TP6 75.00 🚫 SL 50.07 - 48.36 Good Luck 🎲 Check the Links in Description and if you LIKE this analysis, please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️ Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. We will have more FREE forecasts in TradingView soon Have a profitable day 😊👍🏻
Long
by Fibonacci-Signals