FTTUSDT
BUY FTTUSDT EXPECTED RETURN 70%+ NEXT WEEKHello everyone,
this is my 9th recommendation in the altcoin crypto market for this cycle. as I start every post first let me briefly describe what you are seeing on the chart. In white you can see the price of FTTUSDT , while in black that's the set of technical indicators that I'm using. This set is composed of simple moving averages with the following period lengths (20, 40 , 80, 160, 320, 640, 1280, 2560, 4999). the purpose of using this methodology is to analyze both the trend and volatility over the short-term, mid-term, and long-term. it is worth noting that this is a line chart with each data point equal (H + L) / 2 OF 2H candle sticks( to remove the distortions for the purpose of simplification). This chart covers the last 6 months.
Now, let's get to how I got this prediction. basically this setup has two modes; compressed which is the buy zone and, stretched which is the sell zone. the compressed mode is when the price and short-term moving averages get closer to the longer-term moving averages, while the stretched mode is when the price and short-term moving averages get further away from the longer-term moving averages. now, how do you trade this?, the more compressed it is the more you buy and the more stretched it is the more you sell. Now if you look at the chart you will find FTTUSDT is just breaking out of the compressed mode and you will see that it has very strong long-term trend, it doubles on average every 30 days (I usually use average logarithmic return to reach this result, however I use different parameters depending on the asset). also its worth mentioning that FTTUSDT has relatively better volatility profile compared to other crypto-assets. actually, there isn't many other crypto-assets that combine low volatility and high return.
with all that said my conclusion is that FTTUSDT is selling at a fair price and is expected to be one of the best performing crypto-assets in the next week or two. please follow in order to see updates if the asset reaches the selling zone, and to see my new trading ideas.
please like, and ask any questions in the comments. also If you like my ideas you can support me by sharing them or you can just tip me through my FTT wallet address bellow: ()ERC20)
0x850df6a0f6b4f8f2d19910654aff47dbec8dc226
thanks
Mustafa
FTTUSDT will be able to correct up to 0.382 of this movement!?Technical analysis regarding the price of FTX TOKEN in relation of dollar Tether for the next scenarios, based on daily movement.
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
💡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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🆓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!
💡 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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. . . . . 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 ❤️
💡 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 ❤️