FTTUSDT
BINANCE COIN - TARGET HIT. Whats Next?In our last analysis, we were short from the 417 level with targets of 328. We bounce off perfectly off the channel and now making our way up.
We are now looking for buying opportunities to take BNB higher. Waiting for a deeper pullback, ideally a retest of the channel support before moving higher.
Watch for lower timeframe reversal patterns once we approach the channel support in the next week or so.
FTX TOKEN - Will Sam get Fried?FTX Token is at a pivotal point where a small move either way could determine the next moves.
Bullish - As Binance is blocking more and more regions every week, customers affected must find another exchange which is where the FTX exchange comes in. If enough customers come on to FTX exchange, it could surge the price for the FTX Token.
A break above the 61 level would confirm that the bullish outlook.
Bearish - From a technical standpoint, we can see that there's a head and shoulders formation at play. For it to be a confirmed head and shoulders pattern, price needs to break the neckline.
Will be watching this one closely!
Time to go, TP 70.6Following 4h graph.
Broke and got confirmation for the descending line, now it's time to go.
We also got an RSI confirmation.
TP1 59.5
TP2 64
TP3 70.5
SL 48.7
FTT/USD TRADE SETUP. FTT is looking good for an entry. Broke out of the falling trendline and was done with the retest. Expecting 20% to 30% gain from the entry.
Enter: $54.396 to $55.922
Stop Loss: $51.133
Targets:
$59.972
$63.597
$67.106
$70.923
Note: This is not financial advice. I have done my own research and trading at my own risk. So, do your own research before investing.
FTT/USD - Long opportunity for 10%, resistance broken! 🚀FTT has broken the resistance that has acted in this role since early September. After several re-tests we finally broke it once we bounced on a good support level
Now we're making this resistance level support, should that succeed, I see up quickly moving up with a nice target at $67. Once there best to secure profits and re-assess.
We also have a resistance at $62, however that will likely not hold us much.
The indicators like MACD and RSI are also curving up nicely, hence we're building a nice rally here. Risk reward favors a long.
Good luck!
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#FTT overview 1DAfter hitting exactly 1.272 extension on the first bullish move, currently bouncing from the 0.382 fib retracement level and heading towards the critical level of 62$.
In the worst scenario we an continue correcting towards 0.5 or 0.618 fib levels ,respectively 43-36$ levels, which would give chances to load our bags for the next big swing long waiting us. I believe 1.618 levels or 120$ will be reached soon.
FTTUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a daily time frame.
As you see, the price is moving upwards, after the fall, by hitting the support line, and if it breaks the resistance line and stabilizes above that, it can reach our target.
But in case of dropping below the support line, we consider a fall.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
FTTUSD going down to next supportFTT token is my fav of the utility tokens. Over the past few days, it held support levels around $60.
With that broken, I see the next support level to $52 almost matches the fib level here.
The market is very choppy and indecisive for me, so I am just placing my limit orders at $52 and patiently waiting.
(Disclaimer - not financial advice)
$FTT - 4hWe are in a crucial moment, Everyone is eying the Fed, waiting for a tapering signal...this caused raising USDT.D and falling the crpto market king "Bitcoin"
Some push up to downtrend dynamic resistance and fibo 0.618 of impulsive wave expected,but we must see what market decides for ongoing way and patience was always the key of succes !
FTT at a critical level! Watch for a breakout!Here's a quick look at FTT 2 hr chart. As we can see, the price has been going sideways and has printed a symmetrical triangle. There's also a possible head & shoulder pattern which is bearish. Definitely one to keep an eye on.
The best entry would be, when the price breaks above the symmetrical triangle with good amount of volume.
If we break below the symmetrical triangle, then im looking for 60$ FTT.
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The idea is: Buy the breakout from the symmetrical triangle and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 74$
2. 84$
3. 99$
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
$FTT Local Bottom?I am quiet confident that $FTT is had a local bottom here. $ftt still the most bullish alt for the time being since it made new HH on daily, weekly and monthly. next stop could be 0.002 SAT.