🚀 FTX coin $FTT to $6 up for some jaw dropping action? 🚀
Hey everyone, today we're diving into the price chart of Sam Bankman Freud linked FTX coin 
FTTUSDT and let me tell you something, the charts are buzzing!
Just a quick few stats before we get to the good stuff. FTX a coin which at one point was regarded by many as a "Blue Chip" coin, rivaling the likes of Binance-linked coin BNB and other heavy-weights is currently sitting with a Fully Diluted Valuation (FDV) of $823 million placing it many positions away from the top 20 leagues it once occupied.
A huge chunk of the price losses that the coin suffered can be traced back to the collapse of FTX exchange and the arrest of the founder. However with the recent move to compensate or allow users to recover the funds that they lost in the debacle it's looking like the exchange is preparing for a major comeback.
**📈 The Chart: Cup and Handle Glory 📈**
Alright, enough of that let's talk technicals! We've got a Cup and Handle formation on the
FTT chart that's as clear as day. You can see it below
Another interesting thing for me with this chart is the handle bit of the cup and handle. It's not just any handle we're seeing— the handle formed from a falling wedge, which for you chart enthusiasts out there know is a MEGA bullish signal that The Blue Investor can never ignore.
**🔍 The Double Bottom Dance 🔍**
Now, let's rewind a bit. A few months ago in JanuaryFTT retested the neckline of a previous double bottom from 2023. In my mind, that was not just a bounce, folks—that's a trampoline leap showing us that FTT has the legs to jump higher!
Following the bullish breakout from the falling wedge, if this bullish momentum is sustained at the least we can expect the market to push price to $3.20 to complete an AB=CD for the CnH.
At the time of writingwe're sitting at $2.50, a push to $3.21 would be a 30% gain in the spot price. Beyond that, I'll be looking at—$5.50, and for the moonshooters, a jaw-dropping $21.98! These aren't just hopeful dots on a chart; they're calculated destinations based on pure, unadulterated price action.
**🌟 The Rally Cry: WhyFTT Deserves Your Attention 🌟**
In the last 7, 14, and 30 days,FTT has been on a tear, posting gains of 44% and 46%. That's a green flag waving us towards opportunity.
So, whether you're here for the thrill of the trade or the long-term play, I thinkFTTUSDT is a token that deserves your screen time. With technicals that are as compelling as the plot of a blockbuster movie, this is one asset you'll want to keep on your radar over the next few months, you can thank me later!
Remember, in the crypto game, timing is everything, and theFTT chart is screaming 'now or never.' So, keep those eyes peeled, those minds sharp, and your strategies ready.
And that's a wrap for this trade idea! If you found value in this analysis you already know what to do. Until next time, keep those trades smart and your investments smarter!
(Disclaimer: This content is for educational and entertainment purposes only. Not financial advice. Do your own research and consult your financial advisor before making any financial decisions.)
FTTUSDT and let me tell you something, the charts are buzzing!Just a quick few stats before we get to the good stuff. FTX a coin which at one point was regarded by many as a "Blue Chip" coin, rivaling the likes of Binance-linked coin BNB and other heavy-weights is currently sitting with a Fully Diluted Valuation (FDV) of $823 million placing it many positions away from the top 20 leagues it once occupied.
A huge chunk of the price losses that the coin suffered can be traced back to the collapse of FTX exchange and the arrest of the founder. However with the recent move to compensate or allow users to recover the funds that they lost in the debacle it's looking like the exchange is preparing for a major comeback.
**📈 The Chart: Cup and Handle Glory 📈**
Alright, enough of that let's talk technicals! We've got a Cup and Handle formation on the
FTT chart that's as clear as day. You can see it belowAnother interesting thing for me with this chart is the handle bit of the cup and handle. It's not just any handle we're seeing— the handle formed from a falling wedge, which for you chart enthusiasts out there know is a MEGA bullish signal that The Blue Investor can never ignore.
**🔍 The Double Bottom Dance 🔍**
Now, let's rewind a bit. A few months ago in January
FTT retested the neckline of a previous double bottom from 2023. In my mind, that was not just a bounce, folks—that's a trampoline leap showing us that FTT has the legs to jump higher!Following the bullish breakout from the falling wedge, if this bullish momentum is sustained at the least we can expect the market to push price to $3.20 to complete an AB=CD for the CnH.
At the time of writingwe're sitting at $2.50, a push to $3.21 would be a 30% gain in the spot price. Beyond that, I'll be looking at—$5.50, and for the moonshooters, a jaw-dropping $21.98! These aren't just hopeful dots on a chart; they're calculated destinations based on pure, unadulterated price action.
**🌟 The Rally Cry: Why
FTT Deserves Your Attention 🌟**In the last 7, 14, and 30 days,
FTT has been on a tear, posting gains of 44% and 46%. That's a green flag waving us towards opportunity.So, whether you're here for the thrill of the trade or the long-term play, I think
FTTUSDT is a token that deserves your screen time. With technicals that are as compelling as the plot of a blockbuster movie, this is one asset you'll want to keep on your radar over the next few months, you can thank me later!Remember, in the crypto game, timing is everything, and the
FTT chart is screaming 'now or never.' So, keep those eyes peeled, those minds sharp, and your strategies ready.And that's a wrap for this trade idea! If you found value in this analysis you already know what to do. Until next time, keep those trades smart and your investments smarter!
(Disclaimer: This content is for educational and entertainment purposes only. Not financial advice. Do your own research and consult your financial advisor before making any financial decisions.)
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