FTT on track for $86if you haven`t bought FTT lower:
Then you can see that it`s on track for the $86 price target from my last call.
Crypto exchange FTX raised $400 million from investors like SoftBank , Paradigm, Tiger Global and the Ontario Teachers’ Plan Pension Board, valuing the platform at $32 billion.
FTX Founder and CEO Sam Bankman-Fried “We raised close to $2 billion in six months.”
I think FTX can already rival Coinbase!
Looking forward to read your opinion about it.
Ftxtoken
FTT | Seems like Ready for Massive Breakout..!!
#FTT (Update)
Forming Descending Channel Formation in Daily timeframe..
Getting Ready for Another Massive Breakout..
Keep an eye on it..🧐
📍 Always Wait for Confirmed Breakout & Candle to Close and Only then ENTER..
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FTT to all time high? Crypto exchange FTX raised $400 million from investors like SoftBank, Paradigm, Tiger Global and the Ontario Teachers’ Plan Pension Board, valuing the platform at $32 billion.
FTX Founder and CEO Sam Bankman-Fried “We raised close to $2 billion in six months.”
I think FTX can already rival Coinbase!
Looking forward to read your opinion about it.
FTTUSDT Descending Channel Formation in Day ChartFTTUSDT (Day Chart) Technical analysis update
FTT forming descending channel in a day chart, we can expect good up move if the price breaks above the descending channel resistance line.
Buy level: Above $47.50 (only buy after breakout)
TP 1:$55.00 , TP 2:$64.00 , TP 3:$74.00 , TP 4:$85.00
Stop loss: we will update once we see the breakout
Max Leverage: 1x or buy it on the spot market.
FTTUSDT, We started new rallyHello everybody
FTT is one of the most popular exchange tokens in the world.
According to the chart you can see the price was moved in correction-downward trend to recover the last upward wave that was made.
At this time according you can see on chart, the correction wave was moving in downward trend and because of the reaching to the PRZ level we think the wave C was completed and we are making wave 1 of 5 in elliott and in price action.
We need some pullback (a little) because of the momentum, and then the price is ready to move upwards and to the new target and new ATH.
You can take position and buy in pullback then wait until the price reach to the top of the channel and its ready to move more upwards.
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Abtin
Bullish Divergence on FTT!This chart is in the linear form! However, FTT just broke bearish trend line in the candlestick chart.
If we close the daily above that trendline, We can expect FTT to target higher prices.
Next targets:
$48, $53 and $59.
Let me know what you think. Please follow me and like this post!
$FTT / USD seeing similarities that may be enough to push to $51Hello Traders,
FTT is setting up possibly for a move to the $51-$53 range after flashing similar signals.
RSI bounce off of the 30 range, double bounce off of the trend line, and decreasing volume.
Social sentiment is also positive. As well as a lot of outflow from exchanges.
As we all know FTX is ran by SBF, sometimes it pays to invest in the ones running the company. (This should always be in your investment strategy).
Setting a stop-loss at the $35-$34, and take profits at $49, $51, & $53.
And this is not financial advice.
Good luck!
FTT HTF uptrend - new ATH possible ?I was looking at FTT chart from HTF perspective and I could not unsee the similarities I saw in the beginning of the uptrend. We can clearly see HHs and HLs which confirm the uptrend but if you watch the double retest of trendline with EMA 12/21 crossing up - it started a huge move upwards to the new ATH. All I am saying is that it is looking like the trend line is gonna get double retested again and EMA 12/21 is on the verge of crossing up. I am gonna be closely watching FTT and if the 2nd retest of trend line holds (could be also wick to range low - $35), there is only one destination - somewhere up - possibly new ATH.
From LTF perspective, FTT is tradable within range $35 - $61 - buy low, sell high (take profit around mid range already imo :) )
Trading Signal For FTTUSDT FTX Token (update)Trading Signal:
There is a Trading Signal to Buy in FTTUSDT FTX Token (update)
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️Buy now or Buy on 41.10
⭕️SL: Close bellow 39.70
🔵TP1 @ 46.00
🔵TP2 @ 50.15
🔵TP3 @ 60.30
previous signal
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FTTUSDT (ftx’s native token)ANALYSIS 📈📉💹Market Cap:$5,574,433,827
Volume24h: $107,005,774 -13.49%
Circulating Supply: 139,132,501.02 FTT 40% ❗🚫
Max Supply :352,170,015
💰Holders Statistics:
Top 10 Holders: 89.8%
Top 20 Holders:95.38%
Top 50 Holders:98.44%
Top 100 Holders:99.16% ❗🚫
📈📉 technical :
As you can see on the weekly timeframe for the pair of FTT / usdt , Since June 2019 it has listed in ftx exchange and it has had a continues increase in this assumed upward channel ,but I figured that out the correlation between btc and ftt price action has been so high til now, so its future movements high probably depend to btc scenarios and choices again. thus if it want get started a new bullish rally and maintain this channel we should see at least a weekly close on the red downward trend line or on resistance red zone for assurance , otherwise I think it will probably start the bearish scenario, by breaking down its upward channel ,and it'll decrease to the lower support area .
🛑current weeky resistance level: $51-57
❇️current weeky support level: $30-34
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