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FTT

$FTTBTC: Pair trade setup...I think we can go long $FTTUSD against a same size short in $BTCUSD, the ratio chart shows there's 95% upside with 5% risk give or take, historically, in bear markets, exchange tokens have done well vs Bitcoin (like $BNBBTC did in the prior bear market back in 2018-2020). It might be worth a punt here...Betting on Sam might be a decent gamble, relatively vs Bitcoin at least. You can stake your $FTT as well, while you hold the $BTCUSD short, but need enough collateral to not be at risk. The bearish case in $BTCUSD might still be valid, judging by the action today, which erased yesterday's up bar. It's worth a shot. Best of luck, Ivan Labrie.
Long
by IvanLabrie
3
$FTT (Log)- Correction unlikely done here. But looks promising. This is one of my bluechip coins and has been for sometime. I miss the first move up and I don't intend to let that happen again. Some big CT accounts are calling for sub 10$ prices. While I can understand the confluence, I still see a support well above that level. With the extended 3rd wave, I do see a good reason to bounce around the 19$ range. I see the waves clearly on this coin and I'll be tempted to short into my bias at some point in the near future. I see us finishing waves ii/Ⓨ/(C)/5 with the current 5 wave impulsive or diagonal structure. WXY is clear as day from the top of ⑤. Safe trades to all of you. Don't forget your SL.
Long
by FlokiCrypto
1
#analysis 59 - Weekends endSo the weekend has finally come to an end, and we can see there's not much altcoin flied far. Now Bitcoin has come to a consolidation phase. Not pretty sure how it go, so flat now. But I did check the chart of FTT. It seems that pretty good if we reach the lower part inside the range. Look forward to going to the range high if we made a bounce down below. However, the SL should be at around the range low, not below the OB for safety. Why? The range low has already tested for 3 times, which is not pretty good for general cases. Also, now not pretty sure how Bitcoin go in the new week. We'll set it when Monday ends. So let's take a rest for another day.
F
by p3nchan
FTT/USDT - Potential Short ScenarioHello Traders! FTT continues its downward movement. Price is testing the support level of $24.50 and fixed below MA100 on a weekly timeframe. Based on the current macroeconomic situation with inflation and the debt load in the crypto-industry, we can assume that the market will continue to plunge. In that case, on the next wave of falling, there are prospects of medium-term purchases with a discount. It is possible to look for purchases near the support level of $10.75 in the price range of $10.75 - $14.45. Targets of such purchases will be the levels of $24.50 and $36.00 Good luck and watch out for the market P.S. This is an educational analysis that shall not be considered financial advice
FTX:FTTUSDShort
by UnknownUnicorn10064030
Long $FTT. Simple Risk/Reward Play. [#TheCryptocracy]FTT will definitely outperform BTC in the short term, and I think it will breakout against USD as well. I am using this as an opportunity to get some ez btc & usd via leveraged longs, and have set a tight stop below diagonal support. Looks prime to me overall, and it could be a potential bottom w/ a inverse head and shoulders, making this play a great entry for long term until proven otherwise. NOT FINANCIAL ADVICE. DYOR! GL :) #TheCryptocracy
FTX:FTTUSDLong
by dropaganda
FTX/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice. On this chart I want you to look at a few things. From the ATH we've dropped about 73% so far A lot of the coins I've charted for you has gone to the 82% or more area. On the fib retracement, if you look at the white lines, below the 0.236 fib level where the purple circle is; That is where majority of altcoins have retraced to so far. This coin has a high possibility of going below the 0.236 fib as well. RR: 7.4 Possible Upside: 459% Possible Downside: 65%
by AyoKu
1
FTT FTX- Fundamental strong token that is backed by a working company. -They don't compete for L1 place or usability, speed, etc. Just revenue. => On the chart you see the RSI Daily moving inside a channel, leading us we should buy when it hits the lower boundaries. => We can expect a bounce from 19.3$ till 21$+ => If BTC bombs below 18k and goes to 16.5k or lower, ftx might drop on all the Red support levels I've drawn. => Last support is 11-10$. => That is the absolute accummulation zone but I doubt it goes there. Only btc, eth and ftt are down 70% from ath, the rest of the top 100 coins are -85 and more, make your choice. Thanks, cheers )
FTX:FTTUSD
by MrDorea