FTT, where to go?The chart is displayed on a weekly logarithmic scale.
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FTT fell below the H&S in May this year. With 31.266 and 84.746 as lows and highs, the price stepped back to 51.695 (0.618) and then fell below the neckline of 31.266. After that, FTT tested 22.000 many times without falling below.
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After the problem with CZ, the support at 22.000 was broken and the lowest was at 14.955.
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Because of the market news, FTT fell, so you can pay attention to the closing price this week to judge whether it will come to the lower support 10.837.
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FTTUSD
FTX Token (FTT) formed bullish BAT for upto 16.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of FTX Token ( FTT )
Previously we had a nice trade of FTT:
Now on a 4-hr time frame, FTT has formed a bullish BAT pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
CZ Will Dump FTT...!!!as you can see FTT is in Downtrend Channel and also in the Main demand zone.
3H ago CZ make a tweet and as seems they are selling FTT on the market,
in the technology it breaks demand zone, we will see a rally to 4-5$ and it can be like LUNA, be careful and try to make the right decision, and do not open any long position and just watch ...
please share your opinion in the comments
I consider all analyses performed in relation to that trade position.
Our analysis is not a buy or sell referral.
If you found our analysis useful and interesting, feel free to share it so that more individuals might benefit from it.
And please don't forget to like and comment; we will read them all.
FTT/USDT - LONG ---> DOUBLE BOTTOM ----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part.
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⚡️⚡️ FTT/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Long)
Leverage: Cross (1.0X)
Entry Orders:
1) 25.836 - 100.0% (84.3296 USDT)
Take-Profit Orders:
1) 27.194 - 70.0%
2) 28.471 - 25.0%
3) 30.623 - 5.0%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)
FTX Token Analyze (Road Map)!!!🗺️FTX Token runs in the last wave of a Double Zigzag Correction (Wave Y). I expect it to complete microwave B of main wave Y near the Resistance Zone.
FTX Token Analyze ( FTTUSDT ) Timeframe Daily⏰ (Log Scale)
Where can the end of a Double Zigzag Correction ❗️❓
🎯Target🎯: 23.3$ until 18.2$
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
FTT/USDT - SHORT----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
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⚡️⚡️ FTT/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Short)
Leverage: Cross (1.0X)
Entry Orders:
1) 23.874 - 100.0% (49.1337 USDT)
Take-Profit Orders:
1) 23.341 - 80.0%
2) 22.941 - 19.999%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)
FTT Must Hold Above $22; or Be DestroyedFTT has traded within this Giant Falling Wedge Pattern and is at a Weekly Support Level like the SPX and Nasdaq as well as the Pattern Completion Zone of a Bullish Gartley so Long as it holds above support we should see a Decent Breakout Very soon from here Potentially to $60-$71.
FTT retesting broken supportAs you can see in the chart, it is a very simple trade, the 24.9$ level was a strong support, now that is broken is a strong resistance. The price managed to climb back to that level(resistance) so i see that a reversal from here is quite likely. With the 22.5$ level acting as a magnet for the price.
I consider to enter a Short position now with stop at 25.35$ and targets 24.13$ 23.22$ and 22.53$.
Recommended to keep trailing the stop loss order and keep locking profits.
If you agree give a boost and i will be glad to see your opinion in the comments.
FTX FTT - Strong altcoin! Huge base + Elliott Wave
FTT is a very reliable and strong altcoin that you can find on the crypto market, together with BNB.
FTX exchange is growing really fast, and there is a lot of demand for the token. If you want reliable and stable gains, this is a great choice for the long term.
We have a clear and very bullish structure (rectangle consolidation) and the bulls successfully defended the previous swing low.
My Elliott wave analysis suggests that we have completed an ABC correction (ZigZag 5-3-5) and we are prepared for the next impulse wave from here!
If we take a look at the volume indicator, we can see very low bearish pressure, so it's really good to see.
Our profit target could be 0.618 FIB extension from Wave 1 -> Wave 2, but I think we can go higher. We need to wait for the price to develop.
I expect tremendous gains for selected altcoins. You can find them in the related section down below.
For more ideas, please hit "Like" and "Follow"!
FTT/USDT BUYING SETUPFTT Breakout Major falling wedge pattern wait for daily close for confirm valid breakout or false break. if we see in 4h timeframe now FTT on strong resistance potential rejected back to retest on 4h demand before back to trying breakout the resistance . in 4h demand at the time support the trendline
Entry : 31.4 - 29.2 - 27
Target : 37 - 42.31 - 47.98 - 53
Stop : 25.6
FTTUSDT Breakout Confirmed! FTTUSDT technical analysis update
FTTUSDT currently trading at 29.40, the price moving above the resistance zone after 2 months of consolidation and 200EMA and 100 EMA crossed in 4h chart, I'm expecting a good up move in FTT.
Buy zone: $29.00 - $29.80
Stop loss : $27.00
Target 1 : $31.50
Target 2 : $33.80
Target 3 : $37.00
Swing trade setup
Always keep stop loss
FTX FTT - The most bullish altcoin! Huge base + Elliott Wave
FTT is one of the most bullish altcoins on the weekly timeframe, together with BNB!
We have a clear very bullish structure (rectangle) and bulls successfully defended previous swing low.
My Elliott wave analysis suggests that we have completed an ABC (ZigZag 5-3-5) correction and we can definitely go up from here!
If we take a look at the volume indicator, we can see a very low bearish pressure, so it's really good to see.
Out profit target can be 0.618 FIB extension from Wave 1 -> Wave 2, but this is just a projection for now.
FTX exchange is growing really fast and there is a lot of demand for the token.
Look at my ideas about interesting altcoins in the related section down below ↓
For more ideas please hit "Like" and "Follow"!
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
FTTUSD : Bullish Crab DetectedHi, this is my first time where I am going to publish in public I hope you like it.
FTTUSD : 4H - 1H
I noticed a bullish Crab in 4H time frame so opened a long position with below mention SL, Entry and Take Profit(2)
I have marked Take profit levels based on Fib levels.
Trade Idea
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Entry : 23.64
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TP1: 25.149
TP2: 26:570
TP3: 27.602
TP2: 32.597
Stop Loss: 22.48 (If BTC does not go mad suddenly then take it as 4h close below 22.48 for confirmation)
Note: Once Take Profit 1 gets flip as support then I will move SL at entry
FTT - FTX Token LongFTT is at the important zone now in the daily timeframe. The price has been falling about 70% from ATH, while this drop is 90% or more for most altcoins.
Additionally, it has a double bottom and almost a higher low in the lower time frames, so it seems to be good to buy for the mid-term and long-term at these prices.
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%