Very High Risk To Reward RatioMy imagined trade is shown on the chart in detail. These are my levels. These are nothing more than my own ideas.
Furthermore, there are catalysts relating to blockchain that this would appreciate from.
FTFT trade ideas
A low-value stock FTFT have a greater assets and potentialI checked the announcement of Future Fintech Group (NASDAQ: FTFT). In the past six months, they have successively issued announcements to acquire Hong Kong Nice Talent Asset Management, Sichuan Tema supply chain management, Indonesia Asiasens Investment Holding and Bitcoin Bank in the Caribbean, Blocknance etc, but none of them seemed to have officially completed the acquisition. As a small retail investor, I called to ask about this. Their staff answered mainly because of the Covid-19, which prevented the due diligence from being implemented as planned. The approval of the local government of the acquired company was also delayed due to the Covid-19.
However, it should continue in the near future. M&A will be completed. I personally think that FTFT itself is a blockchain concept stock. The stock price has recently risen with the skyrocketing of Bitcoin; once these acquisitions are completed, the stock cannot rise 10 times? I have listed these announcements. What do my friends think? Let's discuss it together. Maybe there is another GME hidden here.
$FTFT - broke that pennantNow would be the time to enter
Commons or calls (I dont know if this stock sells calls...but I assume they do)
$FTFT - Ready for a bounceAdded this to watch list yesterday. Was looking for bounce off 20MA, but instead it bounced just below it, right off the volume shelf. Going to take a risk here and buy 1/2 position in hopes for a reversal from here.
FTFT 15 minute moving average crossover strategyI run moving average scans and use the 9ema/34ema as an entry strategy. FTFT is on watch right now. I like the chart, no position as of now. But the circle shows the moving averages and where they should cross.
$FTFT
FTFT 15min support and resistanceNot much to see here - running purely off discord pumps. Bitcoin plays, like COVID plays, get pumped through chats all day long, so be careful entering something like this. Watch for volume, pay attention to level II, pay attention to the support and resistance lines.
NO POSITION. Will not be entering as of now.
Future FinTech Group's Stock Is Skyrocketing As A Bitcoin Play
www.benzinga.com
FTFT Applied Blockchain Technology Related Software CopyrightsFuture FinTech Applied Blockchain Technology Related Software Copyrights with China Copyright Protection Center
FTFT , a leading blockchain based e-commerce company and a financial technology service provider, announced today that on December 31, 2020, China Copyright Protection Center ("CCPC") has accepted the Company's application for ten software copyrights relating to blockchain technology applications, which the Company first submitted for CCPC's review in June 2020.
The Company has been developing and improving an anti-counterfeiting and tracing system by using the blockchain technology for its blockchain based e-commerce platform Chain Cloud Mall (CCM).
With the research, development and improvement of software used in the anti-counterfeiting and tracing system with the blockchain technology, the Company has developed ten software with blockchain technology that is apply for copyrights.
finance.yahoo.com
$FTFT is gonna fall todayPupm&Dump trading strategy idea.
$FTFT is rising without enough specific strong news today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $2,60;
stop-loss — $2,86;
take-profit — $2,08;
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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FTFT BullishYesterday's candle really expanded its trading range with a .45 cent intraday move vs. its ATR of .31 cents. Closing over the 23.6% fib level is encouraging and I like the proximity to the POC line at 2.19 (represents Point of Control) it's the point where the most shares were traded since Sept 1.
I want to see this hold the Fibonacci level at $2.30 for entry. Also keeping watch on the 9ema to stay above the 20ema. I will go long with a 1 ATR stop until this moves in my favor. I like Chinese stocks and blockchain for 2021 so this could be a nice swing trade.
$FTFT: SmlCap play - Potential 30-40% upside from today's closesee boxes on chart for Entry, Exit and Stop loss zones.
$FTFT Future Fintech On Reversal Watchlist Future FinTech Group, Inc. is a blockchain e-commerce and financial technology company. The company's operations include a blockchain-based online shopping mall platform, Chain Cloud Mall ("CCM"), a cross-border e-commerce platform (NONOGIRL), an incubator for blockchain based application projects, and a digital payment system "DCON". It is also engaged in development of blockchain based e-Commerce technology as well as financial technology. The company was founded on June 29, 1998 and is headquartered in Beijing, China.
Moon Bagg $FTFT going blockchain Future FinTech Group Inc. ("Future FinTech", "FTFT" or the "Company") is incorporated in Florida and engages in fruit juice and financial technology businesses. The Company engages in the research and development of digital asset systems based on blockchain technology and also operates an incubator for application projects using blockchain technology. The Company and its subsidiaries are developing blockchain technology and cryptocurrencies for a variety of B2B and B2C real-life applications including a variety of financial businesses and the distribution, marketing and sale of consumer products. FTFT is also developing an operational online shopping mall platform utilizing blockchain technology and the shared economy.
FTFT - 1.56s MORNING PANIC & BOUNCEWill be watching this for a nice morning panic and bounce looking to enter around 1.60 to 1.56s which is previous support will be looking a panic and I will be buying around here will be predicting this goes green on the day like AVGR this is the 2nd red day tomorrow goes green but a nice morning panic here
Monthly TD Sequential buy count reached 9 again$FTFT has been moving in monthly cycles.
If you watch the chart, since July-11 we have been getting a TD count 9 before a nice upmove.
$FTFT reached Count 9 in December 2018.
Wait and see.
This is in addition to all wedge patterns you might find.
