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!
FTT
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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. . . . . Please show your support back,
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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.
Hit the "LIKE" button and follow to support, thanks!
FTT - the token of the fast growing & most innovative exchangeSince my first recommendation on December 16th, when FTT was trading at 4.64 USDT, it gained about 420% and still has potential!
FTX ist the most innovative exchange out there and fast growing, eating market share from other exchanges.
The fibs should give you some idea where it is heading. 40 USDT is a realistic target imo, especially if you compare it to BNB the token of Binance.
I will always keep some FTT as it gives you fee rebates (always useful) and if you stake it increased airdrop rewards and more voting power.
FTT - FTX Exchange coin Feb/Mar 2021Entered a while ago and put it forward to you that FTT is one to hold (just as long as you have been holding Binance BNB).
With circulating supply of 94,346,958 FTT and a total supply of 345,219,294 FTT (5 million have been burnt to date).
"In addition, we will be repurchasing and burning tokens equal to:
a) 33% of all fees generated on FTX markets
b) 10% of net additions to the insurance fund ('Socialized Gains')
c) 5% of fees earned from other uses of the FTX platform
FTX will buy and burn every Monday starting on July 29th, 2019. The purchasing will happen on the FTX FTT/USD market at a pre-announced time of day; all tokens purchased will be burnt."
BNB went from $4 to $20 to $40 and then shot up to $100 and is resting at $140.
FTT can do it too.
Long HOLD
Leave a comment.
ACXT PlanTechnical:
Downward Trend Broken
Price Targets:
Entry: Below $0.4 - $0.5
Target 1: $ 0.94
Target 2: $ 2
Target 3: $ 4.64
Strong Hands: $ 10
Steel Hands: $ 20
Stop Loss: None
Timeframe: 1 Year Minimum
Potential Token Value:
$20
-At $1B MCAP and considering 50M total supply.
Fundamental
-Derivative Exchange
-World's First Derivative Exchange Providing Structured Products
-Founder is EX-COO of OKEX
-Potential Similar to $FTT
-Exchange expected to do $1B Volume within 2021 End
-ACXT is governance+Utility Token
-Supply is 50 Million
💡 Don't miss the great buy opportunity in FTX Token/USDTTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (10.5). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. FTX Token/USDT FTTUSDT is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 12.95
TP2= @ 14.15
TP3= @ 15.75
TP4= @ 17.75
TP5= @ 20.00
SL= Break below S2
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💡 Don't miss the great buy opportunity in FTX Token/USDTTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (10.5). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. FTX Token/USDT FTTUSDT is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 12.95
TP2= @ 14.15
TP3= @ 15.75
TP4= @ 17.75
TP5= @ 20.00
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️