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.
FTTUSDT trade ideas
FTTUSDT AnalysisI am natural on this
If you are planning to buy. FTT will give amazing opportunity soon
Invest 50% when 2 Robo signals out of 3 will give buy
Invest 20% on the support level of 36.60 - There is nothing wrong to buy at this level
Invest 30% after one candlestick open close above downtrend line.
After you buy it
You can sell 50% after 2 robo signal give sell signal
Rest 50% you can sell it at resistance
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
FTTBUYS
EXIT POSITION IF PRICE GOES BACK TO 46.02
make sure you utilize good risk management.
--THE BLUE FLAG SHOULD BE YOUR TP ZONES AS USUAL.
🔺 Disclaimer! The content of this analysis is subject to change at any time without notice.
🔺 It is provided for the sole purpose of assisting traders to make independent investment decisions.
🔺 You must do your own research to create your own trading plan for the market.
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.
FTT/USDTThe live FTX Token price today is $51.13 USD with a 24-hour trading volume of $185,352,280 USD. We update our FTT to USD price in real-time. FTX Token is down 1.28% in the last 24 hours. The current CoinMarketCap ranking is #31, with a live market cap of $7,130,255,551 USD. It has a circulating supply of 139,460,202 FTT coins and a max. supply of 352,170,015 FTT coins.
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
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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.
FTTUSDT AnalysisHello friends.
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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
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FTT SWEET LONG ANALYSISIFTT Demand zone was spotted at 48.44 zone we had an initial up move which gave a nice percentaege profit but liquidity was built along the way which market came back to take that liquidity and then we are expecting a bounce to 66.0 then a slight retracement then another up move to 71.70,another retracement then another upmove to 80
💡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)
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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
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
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💵 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 🎲
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FTT back to ATHFTT, native token of FTX exchange is trading in accumulation zone. The area close to $48 proved to be strong support in the past. RSI is picking up and is in positive territory, MACD is also getting momentum. I’m looking to take long position here; the first target being doted yellow line as a top of descending triangle. Second; a break out from triangle would take FTT to new all-time high + $84. For that, BTC has to stay positive.