FTT
High percentage play for $EXCHPERP on FTX.EXCHPERP is setting up a strong pattern for a potential breakout over the next week or so. We know SHITPERP has already had a massive run so I'm expecting money to flow into other safer opportunities. This setup has decreasing volume so it is prime for breaking to the upside. Riskier traders enter at the apex of the wedges whereas safer traders might be better suited to wait for a break to the upside, retest, and confirmation moving upwards.
EXCHPERP basket includes BNB, HT, OKB, LEO, and FTT.
High percentage play for $HOLYPERP on FTX.HOLYPERP is setting up a strong pattern for a potential breakout over the next week or so. We know SHITPERP has already had a massive run so I'm expecting money to flow into other safer opportunities. This setup has decreasing volume so it is prime for breaking to the upside. Riskier traders enter at the apex of the wedges whereas safer traders might be better suited to wait for a break to the upside, retest, and confirmation moving upwards.
HOLYPERP is made up of SRM, SOL, and FTT.
ALTCOINS JUST TAKE A BREATHHi guys!
Today I wanna give you a quick update about this dip shown by the Crypto total markect Cap chart, excluding BTC, on the daily time frame. The MACD indicates a clear bullish crossover on the daily chart. This rally is by far not over. At least on the hourly chart it looks like the short term bottom before we are leaving the old resistance and turn that into support level. I’ll expect that area to leave during this week with a potential retest at the end of the week. For me that seems likely to happen before going upwards again. Since Bitcoin smashed through 1T mcap, I’ll expect the total crypto market cap, excluding BTC, to do this too.
Conclusion: Major time frame still looks very bullish. This is just a small correction from yesterday's pump. This is definitely not over yet and of course, this provides no financial advice.
Have a nice day everyone.
Cheers!
Raydium: An Undervalued SBF Coin with High Growth Potential In this post, I'll be going over one of the more undervalued coins, Raydium.
Disclaimer: This is not investment advice. This is for educational and entertainment purposes only. I am not responsible for the profits or loss generated from your investments. Trade and invest at your own risk.
Analysis
- Applying technical analysis in this chart is rather difficult as there isn't enough price action.
- However, the setup looks almost identical to other coins like sushi and uniswap that have grown over 10x since their initial breakout
- This coin is also one of SBF's coins. Other SBF coins include Solana (SOL), Sushi Swap (SUSHI), Ren (REN), and Serun (SRM).
- Besides Serum, all other coins' market caps are in the billions range.
- Raydium's market cap is at a mere $107m.
- We have broken out of the descending trend line resistance, and with the entire market being extremely bullish, a move towards the 1.618 fib resistance at $20 seems reasonable.
💡Don't miss the great buy opportunity in FTTUSDT @FTX_OfficialTrading suggestion:
. There is a possibility of temporary retracement to the suggested support line (25.50).
. If so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. BNBUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 63.40.
Take Profits:
TP1= @ 31.40
TP2= @ 33.40
TP3= @ 35
TP4= @ 36.80
TP5= @ 38.60
SL= Break below S2
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💡Don't miss the great buy opportunity in FTTUSDT @FTX_OfficialTrading suggestion:
. There is a possibility of temporary retracement to the suggested support line (25.50).
. If so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. BNBUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 63.40.
Take Profits:
TP1= @ 31.40
TP2= @ 33.40
TP3= @ 35
TP4= @ 36.80
TP5= @ 38.60
SL= Break below S2
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🔥 FTT Channel Break-OutFTT has seen some incredible gains over the last couple of hours, helped by Bitcoin's strong returns as of earlier this morning.
FTT has breached the downward sloping channel a few hours ago, signaling us of a new potential bull-run. Before the bull-run happens I'm expecting a small decline towards the channel resistance.
Before entering this trade wait for the price to touch the Entry line.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.
Happy trading!
🆓FTX Token/USDT Analysis (23/2) #FTT $FTTThe strong buying force continues to pour into FTT in this February, showing the possibility of FTT's price increase, but because the market health is quite weak, FTT is currently still dominated by selling, but not because of the strong selling force, but because the buying force is temporarily paused.
As long as FTT surpasses $32 zone, strong buying force will push in to help FTT rise to $46 and even $64 zones.
📅NEWS
No News
📈BUY
-Buy: 26.5-28.5$. SL if B
-Buy: 31.5-33.5$ if A. SL if B
📉SELL
-Sell: 45-47$. SL if A
-Sell: 64-66$. SL if A
♻️BACK-UP
-Sell: 26.5-28.5$ if B. SL if A
-Buy: 20-22$.SL if B
❓Details
Condition A : "If 8H candle closes ABOVE this zone"
Condition B : "If 8H candle closes BELOW this zone"
FTT - Growth opportunities as good as BNB Quick FTT analysis. I will try to play a little in this tight range. We still on the bull market, i.e I assume ranging and expansion after that.
Moreover, FTT has some really good fundamentally growth opportunities. FTX supported projects (SOL, SRM, REY) continue to grow rapidly and attract more user funds.
Information is just for educational purposes, never financial advice. Always do your own research.
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