FTTUSDT trade ideas
FTT Token, what if break or rejected trendline? Daily chart FTT Token looks beautiful and now trying to retest daily trendline, hope we can break it soon and ready for re-entry. But even its going down, I have planing to re-entry on rectangle area. Very lucky, cause I still hold my FTT until now since I bought instant on a few days ago :)
#DWYOR
This analysis made by newbie who want documentation his analysis, please note it.
FTT for the future is good? IMO yeahI just checked few days ago about the announcement of FTX Chain. This is so impressive and looks like I have a chances to profit in the future, so thats why I just bought some FTT recently. Not only in fundamental, but if I see the daily charts, FTT still on bullish and looks like will reach new ATH. This is the reason I have bought some FTT recently even the price currently on daily resistent, cause I dont want to be late and yeah personally I'm ready to averaging untill support daily, 35$.
#DWYOR
This analysis made by newbie who want documentation his analysis, please note it.
FTT Long1. Narrative Investing
- Stories that people are looking at
- What they invest in based on these stories
2. Team Behind the Coins
- Community first
- Proven track record for execution
- Long-term vision (no quick money / speculating)
3. Technical Analysis
- Any strong momentum sell-off? What drives it?
- Long-term bullish
- Access the strength of support and resistance level (need a solid base and long-term bullish for grid trading)
- A/D ratio
- Candle Pattern on 1hr, 4hr, Day and weekly chart
FTTUSDT will be able to correct up to 0.382 of this movement!?Technical analysis regarding the price of FTX TOKEN in relation of dollar Tether for the next scenarios, based on daily movement.
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
FTTUSDT Local S/R| Swing High| VWAP S/R| Price Action Evening Traders,
Today’s analysis – FTTUSDT – trading above its Local S/R approaching swing high,
Points to consider,
- Price Action Impulsive
- Local S/R Support
- Swing High Objective
- Declining volume
FTTUSDT’s immediate price action is impulsive, above its Local S/R that has had technical confluence with the .618 Fibonacci – allowing for a long bias.
The Swing High is the immediate objective, exceeding this level will increase the probability of a trend continuation.
Current volume profile is on a decline, this is indicative of an impulse coming to fruition when an expansion occurs.
Overall; in my opinion, FTTUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“Never let a win go to your head, or a loss to your heart.” – Chuck D.
FTT scalp setupYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
FTTUSDT Local S/R| .618 Fibonacci| 200 M| Price Action Evening Traders,
Today’s analysis – FTTUSDT – trading above its Local S/R where further upside is probable,
Points to consider,
- Price Action Impulsive
- Local S/R Support
- (.618 Fibonacci Confluence)
- 200 MA Support
- Swing High Objective
FTTUSDT’s immediate price action is impulsive, trading above its Local S/R that has technical confluence with the .618 Fibonacci and the 200 MA Support, allowing for a bullish bias.
The immediate objective is swing high, exceeding this level will increase the probability of a trend continuation.
Both oscillators are trading in over-extended conditions, a reversal back to their bullish control zones will be indicative of strength.
Overall, in my opinion, FTTUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
"Limit your size in any position so that fear does not become the prevailing instinct guiding your judgment" - Joe Vidich
FTTUSDT - EW analysis - correction time of 4th wave FTTUSDT - It seems like 3rd wave is completed and 4th wave correction is in play, which might end near 28-26 zone before it resume the next cycle. Here also there is a possibility of 5th subwave extension, so if it crosses the last high then it may continue the up move.
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