FTTUSDT - BULLISH SETUPFTX token is attempting to break the resistance of this descending corrective trendline since bouncing of the 0.618 fibonacci after this recent pullback, this is a great price to accumulate FTX spot holdings. For a leveraged trade entry i would like to see a daily close above this confluence of resistance for confirmation.
FTTUSDT trade ideas
FTTUSDT - Long - Potential 42.76%FTTUSDT - Long - Potential 42.76%
Exchanges: Binance, Huobi.pro, FTX
Signal Type: Regular (Long)
Entry Zone: 54.85 - 59.69
Take-Profit Targets:
1) 63.03
2) 73.93
3) 85.2
Stop Targets:
1) 47.42
Entry Targets- FTX heightened visibility (Mercedes deal inked today) combined with BTC's twitter announcement might give a nice pump in exchange in house tokens.
FTT/USD - Long opportunity for 10%, resistance broken! 🚀FTT has broken the resistance that has acted in this role since early September. After several re-tests we finally broke it once we bounced on a good support level
Now we're making this resistance level support, should that succeed, I see up quickly moving up with a nice target at $67. Once there best to secure profits and re-assess.
We also have a resistance at $62, however that will likely not hold us much.
The indicators like MACD and RSI are also curving up nicely, hence we're building a nice rally here. Risk reward favors a long.
Good luck!
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#FTT overview 1DAfter hitting exactly 1.272 extension on the first bullish move, currently bouncing from the 0.382 fib retracement level and heading towards the critical level of 62$.
In the worst scenario we an continue correcting towards 0.5 or 0.618 fib levels ,respectively 43-36$ levels, which would give chances to load our bags for the next big swing long waiting us. I believe 1.618 levels or 120$ will be reached soon.
FTTUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a daily time frame.
As you see, the price is moving upwards, after the fall, by hitting the support line, and if it breaks the resistance line and stabilizes above that, it can reach our target.
But in case of dropping below the support line, we consider a fall.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
$FTT - 4hWe are in a crucial moment, Everyone is eying the Fed, waiting for a tapering signal...this caused raising USDT.D and falling the crpto market king "Bitcoin"
Some push up to downtrend dynamic resistance and fibo 0.618 of impulsive wave expected,but we must see what market decides for ongoing way and patience was always the key of succes !