FTTUSDT 1DWedge in accumulation, with strong support at $28.89.
The price can challenge the Ichimoku cloud at $24.75 and find a route to break the wedge.
Interesting setup, as from the top reached on September 9, 2021, from $85.74, until today, it corrected exactly 74.86%, which is clear the upward direction that this accumulative wedge will take, confirmed by the RSI indicating oversold.
FTT is a token used on FTX, offering many benefits to its holders such as lower trading fees and accessing a number of perks on the FTX exchange, or using as collateral to trade derivatives.
FTX’s increased public exposure, strong partnerships, and new protocol launches on the FTX exchange have made the FTT token successful.
Follows support and resistance in 1H time frame:
S : 23.42 / 23.35 /23.28
R: 23.63 / 23.72 / 24.04
FTTUSDT
FTT very HTF speculationHTF speculation on FTT USD pair on linear scale based on ATH TL break out, paralel channel and fib ext + expansion targets
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)
Trading Signal For FTTUSDT FTX TokenTrading Setup:
There is a Trading Signal to Sell in FTTUSDT Pair.
Traders can open their Sell Trades NOW
⬇️ Sell now or Sell on 25.03
⭕️SL @ 25.34
🔵TP1 @ 24.05
🔵TP2 @ 23.51
🔵TP3 @ 22.44
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
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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 token FTT is an FTX exchange token and has many usecases on the exchange, just like any other such token: burning tokens for a 1/3 of exchange revenue, discounts on fees for holders, use in various exchange activities, also institutions and investors pay expenses in FTT tokens by purchasing a "white" version of the FTX OTC portal and futures market. In a sense, betting on FTT on par with Solana is betting on Sam's success in the crypto industry. And so far SBF is succeeding in it - FTX is now one of the top 3 exchanges in terms of volume. In terms of tech - there is a lot of liquidity support behind the token, and I don't think it will be allowed to drop much, it is holding up well on this fire, just like all crypto exchanges tokens. As previously reported, Sam Bankman-Fried is willing to give $1 billion to support crypto projects = buy them at low prices = possible further development of the exchange and with it FTT price growth. We are now approaching $21-24 support, it would make sense to break that support and gather liquidity, so it would be prudent to wait for a drop to $16-18 for long-term buying, but to reassure, I would wait for a breakdown of the downtrend line and return above $22, because there is a possibility that after support we may see a sharp squeeze down, as we have seen before (-50% for 1 week as in May 2021).
FTT USD experimental playWith the whole ETH merge situation i dont want to take big risks for te next 2-3 days but i cant pass on this FTT idea.
First of all, i'm buying HALF of my position here at 24.77 and i will set an order for the other half at 23.85.
this will give me an average enry price of
24.31.
i will have 3 take profit points
24.95 2.75%
25.90 5.9%
27.45 11%
and i will use 2x leverage because it is a little dangerous.
now,if things don't go our way
if 4hour candle closes below 22.80
i will cut my losses.that is a 6.1% loss which is unusual for me to risk that much but i dont see that scenario coming to life.
MAX 2X leverage with normal position size.
If take profit one is reached,stop loss will go to my entry price.
i will update here for every move i make.
12 sep 2022 / FTX token / FTTBUSDPERP I would like to share a short-term idea of FTX TOKEN.
Under the premise that Bitcoin's upward trend is maintained
The 0.33 (27.257) retracement section found support
50 days and 100 days EMA to the regular arrangement section after the golden cross
We are predicting a break above the short-term high of 28.366.
thanks.
$FTT (Log)- Correction unlikely done here. But looks promising. This is one of my bluechip coins and has been for sometime. I miss the first move up and I don't intend to let that happen again.
Some big CT accounts are calling for sub 10$ prices. While I can understand the confluence, I still see a support well above that level. With the extended 3rd wave, I do see a good reason to bounce around the 19$ range. I see the waves clearly on this coin and I'll be tempted to short into my bias at some point in the near future. I see us finishing waves ii/Ⓨ/(C)/5 with the current 5 wave impulsive or diagonal structure. WXY is clear as day from the top of ⑤.
Safe trades to all of you. Don't forget your SL.
What a base on FTX! 2 targets inside🚀Hi friends! Another crypto giant creates a huge base (or accumulation range) to skyrocket soon!
More about the base were in this idea! Check it to get more experience in trading.
Now FTX inside in the triangle and queeze to the top boundary. It`s a bullish signal but almost all altcoin depends on BTC. If BTC will break the 25k and move to 27-28k FTX is easilly reach this targets:
1. $38.5-40 - the closest value area and resitance for the price
2. $48.5 - the key level and reversal point
🚩 The big players (whales) accumulate FTX at the bottom as we can see at the chart.
📊 Here are the preconditions to open a long:
🔥 suqeeze to the trendline
🔥 whales orders to buy which DOM and Footprint indicators show
🔥 possible trap (shake out) to collect long traders sl
🔥 bullish BTC help FTX to reach all the targets
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
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 Analysis (Local Vision)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: 36 and ~40
after first target reached move ur stop to breakeven
Stop: ~26 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 3
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
FTX Coin analysis; FTTUSDT Update 📈📉HEY, what's up guys ?!
Since 19 Dec 2021, as I expected for FTT , after breakout upward channel it has been declining till now!
So today as you see on the weekly timeframe again for FTT /USDT , after a little consolidation phase around current support zone , recently printed a weekly bullish candle ,plus revealing some positive divergences , now it can continue to rise more, so in this case if it be able to breakout the descending trend line it can reach the higher resistance zones, but then I expect a possible rejection at there !. but if it losses the current S zone it may see the lower support zone!
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
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FTT : Long term bearish but a good game for short termFTX token is in our radar right now as the price of this token is now trending slightly above the crucial support of $23 which is becoming the last defending area to maintain the bullish structure in higher degree.
Price is now trending inside of this parallel channel which it's highly affected by the bitcoin's current price action. However, we still see possibility for the price to show us another upside pump to the area of $37 because of current extreme oversold condition in the market.
We are very confident to see the possibility of moving up in upcoming structure which the area of $37 is needed to be touched for making this as a healthy bearish structure.
Overall bias on current structure is to test the area of $8.7 which is very bearish on long term. But for short term, it's still a good game to expect upside spike to $37.
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"!