The Detail Bitcoin break down this timeThe Detail Bitcoin and Crypto Market break down this time.
The bitcoin market has been on a roller coaster ride over the past few weeks, and things took a turn for the worse this week when the value of the overall crypto market plummeted.
The recent sell-off was driven by a number of factors, including concerns about regulation, FTX goes bust, Binance to acquire FTX pending DD, CZ announces Binance to do proof of reserves, CFTC monitoring FTX Binance drama, Zhu Su tweets, Do Kwon appears on Up Only, BTC testing 300 Weekly MA, FTX Withdrawals halted and $FTT crashed 80%.
While it's impossible to predict where the market will go next, it's clear that there is a lot of uncertainty in the air, but I am trying my best in this chart. Thanks and keep learning.
FTTUSDT
Does FTT go to zero?hi! I hope you are well
Note: Don't forget capital management and stop loss setting
Note: This scenario is probable and not certain.
Considering the negative news that has been published for this coin, it is better to consider this correction as a wave of great magnitude.
Due to the pessimism of this currency among traders and the exit of its investor, Binance, this currency can remain bearish in the medium term.
I have identified two important supports for the not-too-distant future.
FTT, where to go?The chart is displayed on a weekly logarithmic scale.
-
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.
-
After the problem with CZ, the support at 22.000 was broken and the lowest was at 14.955.
-
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.
-
Is FTT going to crash like LUNA? NEWS&Trading Volatility = $$ ?!FTX:FTTUSD FTX:FTTPERP
FTX:FTTUSDT
Short Technical analysis of where the current price of FTT is hovering around. Levels that need to hold
Is FTT Token going to crash like Luna did?
Is it safe to keep your funds on FTX
What does CZ from Binance say?
What is Sam Bankman-Fried from FTX saying about it?
What are other market players saying about it?
Not Financial Advice. DYOR. Papertrade before trading with real money.
Hope you have a profitable trading day!
Shawn
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.
FTTUSDT Analysis (midterm setup)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Entry: market and lower
Target: 30 and ~35
after first target reached move ur stop to breakeven
Stop: ~21.7 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 5.5
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
FTTUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for FTTUSDT
There is R1 as a resistance area which represents the price was not able to rise. S1 used to be another resistance line and S2 is a support line with its several-point support. Therefore, we have the fluctuation of price over S1 and we expect a rise to happen for it to reach R1. Then in case the price gives us some confirmation candles to fall, our prediction will include a decline for it. Even it is possible that the price falls below S1 and is not supported there. Please keep moving with our analyses in order to have less risky trades and gain more profit.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
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.
---------------------------------------------------------
⚡️⚡️ 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 Only for the gamblers :)FTT should form a double bottom somewhere at this price range.
it is oversold for sure and if bitcoin doesn't shit the bed,it should see at least a small pump.
LONG 3x with 50% of the position at 22.11
LONG 50% at 22.065
two take profit points at 22.37 and 22.57
i will cut losses if 1 hour candle closes below 22$
FOLLOW FOR MORE