FTT
FTT Ready?FTT is one of my favourite altcoins, with a great future ahead. Now looking short term FTT is approaching the resistance after a series of higher lows creating a triangle. It might have one last rejection at the resistance before breaking it in the next 1-2 days. 25% profit ahead reaching the old ATH and probably temporarily violating it reaching $63. Bullish signs of a possible successful breakout are:
- Bullish engulfing in the last support
- VMA providing momentum and support on the breakout
- bullish cross on the Stoch RSI (daily)
Wait for a breakout for a safe entry with a stop loss below the last low (aggressive)
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FTT USDTIn the daily time frame, it has created a range of suffering that if the candlesticks come out of the suffering from the top, they will have access to the specified targets.
If they are removed from the bottom, the safe areas for entry can be red, of course, after stabilization in those areas.
FTT|USDT💱Hey hey my friends👋
Last post of FTT is still valid if you took that trade, a new range has formed here, look to either DCA your position along the bottom range or enter here if you missed the first call, otherwise the breakout and re-test are solid ideas to wait for also
Super undervalued exchange token also IMO
FTT run babyThis little Gem has been great to me all year since moving over to the FTX trading platform for many reasons.
I loaded up on FTT tokens for the benefits in fees but also a little bit on top because....well its an exchange token and often these things run hard.
We have seen a pretty clear Inverse H&S on the daily from the previous ATH for a nice V bottom recovery and have since broken the neckline and now building a juicey bullflag on the neckline as support.
Its not a huge run to previous high but i also feel that will break quite easily sending us into price discovery once again which could get super interesting.
Strapped in for now lets send it.
FTT CURRENTLY BULLFLAGINGFTT looking hot, reclaimed key S/R area, drawing a nice deviation below. Already retested in HTF confirming the support, so at this point, price looks to be consolidating while drawing a nice bullflag as a continuation pattern, with the main trendline from the HTF acting as resistance too. Key close above this 2 points (red trendline and bullish channel upper resistance), and we are ready to move to new ATH.
Good luck!
FTT 4H looks like wyckoff - might dump if bitcoins go downFTT 4H looks like wyckoff - might dump if bitcoins go down
currently BTC hogging 44K as support for the 3rd time in the last week or two
if this will switch to Resistance FTT will probably dump to shake out weak hands - and then bounce to the sky like SOL
RobinHood Pre-IPORobinhood is the most popular retail traders platform and you can expect their profits and volumes grows x10-x30 last year.
And this is literally your chance to get in before suckers gonna get in at public listing.
More info on RH IPO will be next week from here.
I am long and strong..... again. Thx, Sam <3
$FTT, Trying to cross over ~100k sats $FTT
Trying to cross over ~100k sats (last resistance prior ATH)
For now volume looks kinda weak but due to being #FTX it may work out
UCTS signalling 'buy signals' across many timeframes (1D/2D and most lower timeframes)
Aim for a flip/volume as signal of continuation
#FTT
FTT with inverse H&S bullishAn inverse head and shoulders, also called a "head and shoulders bottom", is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends.
This pattern is identified when the price action meets the following characteristics: the price falls to a trough and then rises; the price falls below the former trough and then rises again; finally, the price falls again but not as far as the second trough. Once the final trough is made, the price heads upward, toward the resistance found near the top of the previous troughs.
I’m waiting for the breakout from the neckline which should be followed by increased volume. An inverse head and shoulders pattern, upon completion, signals a bull market. I’ll go long on the breakout and target $63 level. If Bitcoin stays in range, FTT should move to the upside.
$FTT is ready for bounceFTX token is going to lead the uponly market for the second half of 2021:
- Inside (reversal) candle on monthly chart
- Bounced off 0.705 Fib level (retest completed)
- Inverted head and shoulders pattern in play
- Measured move to take FTT to double top ($60) and then to $120 by end of year
Invalidation: close below previous swing low
FTT great potential#FTTUSD
With all the negative news surrounding #Binance recently, we have begun to see a shift in volume, moving from Binance into #FTX. $FTT is similar to what #BNB coin is to Binance ( exchange token that comes with benefits for holding it on that specific exchange)
In the coming months, I'm expecting to see FTX take more market share from Binance and other more prominent exchanges.
They have sponsored many high profile sports brands ( MLB, Miami heat arena + Esports
They have also recently completed a $900 funding which gives the company an $18Billion valuation
Looking at the technicals, the price has been in a clear re-acculualtion since falling below $35, with support currently located at $22
Price has also reclaimed the daily Point of control and is above the daily EMA ribbon, although I am still waiting for a bullish twist
Patiently waiting for the price to break above the accumulation zone and add upon the retest to target $45 and $70, although I believe the longer price will be a lot higher.
FTT/USDT - potential 200% long term setup Hello, Traders!
FTT has a strong fundamental component and is a good option for a long-term portfolio.
The market maker is holding the price at March levels and buying out sales, which could indicate intentions to continue the business cycle if market conditions are right.
To reduce risk, the position should be broken into 3 parts and bought up in case of a correction :
20% of volume in the range $25.40 - $28.20
30% of volume in the range of $19.90 - $22.65
50% of volume in the range $13.95 - $16.50
Stop Loss range would be $8.50 - $10.75
Buy targets will be price levels of
$41,90
$54,00
$61,40
Risk/profit ratio above 3 ✅
Good Luck and watch out for the market!
P.S. This is an educational analysis that shall not be considered financial advice
FTT will be next BNBHello everyone
todays Im going to talk about FTT token and why its important
FTT is the native cryptocurrency token of the crypto derivatives trading platform FTX that launched on May 8, 2019.
The team behind FTX comprises some of the largest crypto traders over the past few years who, having found issues with most mainstream crypto futures exchanges, decided to launch their own platform. FTX claims that it stands out due to such features as clawback prevention, a centralized collateral pool and universal stablecoin settlement.
In regards to clawback prevention, a significant amount of customer funds on other derivative exchanges have been claimed by socialized losses. FTX reduces this by using a three-tiered liquidation model.
On existing crypto futures exchanges, the collateral is fragmented across separate token wallets; this can be difficult for traders as it prevents positions from getting liquidated. On the other hand, FTX derivatives are stablecoin-settled and only require one universal margin wallet.
Another feature of the FTT are leveraged tokens, which allow traders to put leveraged positions without the need to trade on margin. If a trader wants to short Bitcoin with 3x leverage, they can simply buy a 3x short Bitcoin leveraged token on FTX. These tokens are ERC20-compatible and can be listed on any spot exchange. FTX currently offers XRP, BNB, TRX, BTC, ETH, EOS, USDT and LEO leveraged tokens.
Targets 27 - 29 - 32 - 35
Stop loss 23 - 20
Do you think FTT can be more valuable than BNB in future?
FTX Token Shows Strength As Uptrend Is Still In Tact-FTT Is up over 30% from its low in June
-Price has respected an ascending channel for nearly 3 weeks
-FTT must break & hold its mid term trend to be set free
FTX token had an amazing run the last year as it rose over 2000% off its low. FTT fell victim to the trend of the market and has fallen over -50% off its ATH. FTX crypto exchange is becoming a widespread name as it nears the top 3 cryptocurrency trading volume in the world. The strong correlation with FTT & FTX exchange has likely held prices higher as there is utility involved with FTT, similar to BNB & Binance. FTT has shown more strength than many alt coins which has investors peaking an eye on a potential stronger revival.
FTX has been stuck within an ascending channel the last 3 weeks as traders fight for a strong breakout to either side. In the past week, FTT experienced a rejection at major resistance zone of $30.55-$31.95. Price must break & hold this mark to be set free for a shot to its first target of $34. Along with this resistance zone lies a mid term trend line (shown in black). Price must also break and hold this line for bulls to have a chance to start a stronger bull trend.
At the time of writing, the 200MA has held the price of FTT from further downside. This moving average is also met with the bottom trend line of the 3 week ascending channel. If bears manage to take back control of FTT and break these two marks, FTT will have a drop to major support of $26.95. This would also break the 3 week trend line which would be a bearish scenario for FTT as it will likely experience further downfalls.
While looking at the Stochastic RSI we can see strength has been coiling within the oversold territory. This may result in a large spike back above the 20 value which will likely send FTT back near $30. The regular RSI also is showing a slight bullish bias as it has formed a bullish divergence. A break above the 50 value on the strength would be the best scenario for FTT.
FTT intraday levels
Spot rate: $28.96
Trend: Bullish
Volatility: Medium
Support: $28
Resistance: $29.59
$FTT, Trying to break toward the Monthly high (~.001 sats)$FTT
Trying to break toward the Monthly high (~.001 sats)
UCTS 1D Buy signal as entry
#FTT
🆓FTX Token (FTT) July-10 #FTT $FTTThe $28 zone is an important support area for FTT and if it doesn't lose this zone, the FTT will likely continue to rise to the $32 and $36 or even $44 zone this July. However, if it loses the $28 zone, it will have a quick drop to the $25 or $22 zone
📈BUY
🔴Buy : 27.5-28.5$. SL if B
🔴Buy : 31.5-32.5$ if A. SL if B
📉SELL
🔴Sell : 31.5-32.5$. SL if A
🔴Sell : 35.5-36.5$. SL if A
🔴Sell : 43-45$. SL if A
♻️BACK-UP
🔵Sell : 27.5-28.5$ if B. SL if A
🔵Buy : 24.5-25.5$ if A. SL if B
🔵Buy : 21.5-22.5$ if A. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone