Ftxtoken
FTT.Usdt (Y21.P7.E1).Bullish structureHi All,
Bullish structure and I do anticipate that we will have a volatile ranging recovery and the point is, there is a perspective and this is bullish.
We can also have a bearish perspective but I'm bullish on BTC along with its onchain data not showing anything bearish.
All the best,
S.SAri
FTX 170% profit incomingHello all. Here is a simple FTX Token analysis. (Can't buy on coinbase yet!)
Looking at the price on daily chart, we see that FTX is trading in the fib golden pocket at $44-$46. This is indicated on the left side Fibonacci retracement.
We can also see that FTX found support on the ascending line of support which is the bottom yellow line.
The 170% trade is possible if we buy FTX at this current price and sell it at $128 which is the 161% Fibonacci retracement level (indicated on the right side).
It is possible that we see little more pull back around $40 which will correspond with our descending line of support.
Thanks for reading, and stay tuned. Happy Thanksgiving.
What is FTX ? Here is an educational youtube video for you.
www.youtube.com
FTX / FTTAt the end of its bearish cycle in the future upward crossing of the 50% RSI on the Ashi candles and with a solid confirmation of a new weekly low in one of the next two supports to find the ENTRY POINT best (s).
We observe the continuity of the uptrend and the immense upside potential of this FTX Exchange Crypto.
FTX Token - ATH? 🤔FTX token recently made all time highs but the quickly dropped back down.
It broke the major trendline, which tells us that the uptrend is growing weaker. We are now struggling to move up back to ATH's.
Will be keeping a close eye on this and if we correct all the way to ATH, could be the making of a great short!
However, if we see any bullish corrections now, we can get in with stops below the red trendline.
#FTXTOKEN #FTX DAILY CHART TECHNICAL ANALYSIS
Considering the orange and purple uptrend channel and the fact that the price has supported its uptrend line, as well as the formation of a triangular pattern, we can expect the price to grow to one of the following targets.
TARGET1: 100$
TARGET2: 140$
TARGET3: 170$
Due to the strong resistance on the first target, if the price reaches this target, save profit and free risk must be done.
STOP LOSS: 47$
ENTRY: 66-58
TIME 2-8W
FTT/USDT FTX EXCHANGEMoney flows to America. Because ftx is the largest american stock exchange. FTT will price the token. BTC record price came in according to american time. Not according to Chinese time. This is how we can follow the direction of the flow of money. Follow the money and win.
It is not investment advice.
FTT Heading For Price Discovery 🔥Following on from Solana's breakout, FTT normally follows SOL and it currently appears to be in the latter stages of plotting a cup and handle formation, targets are $86, then a pull back into handle formation before lifting off towards $111 on handle breakout.
NFA & DYOR - Please like and follow if you found this idea helpful - Thanks! 🤑
FTTUSDT (4h Chart) - Ascending Triangle PatternFTTUSDT (4h Chart) Technical analysis
FTTUSDT (4h Chart) Currently trading at $61.75
Buy level :Above $61.20
Stop loss: Below $55.51
TP1: $67.85
TP2: $73.02
TP3: $78.11
TP4: $83.80
Max Leverage 3x
Always keep Stop loss
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Bullish and bearish scenarios for $FTTAight, this is a quick one
$FTT is trading at a crucial level right now.
Loosing this support means I’m following the path B
Holding it and I will trading according to scenario A
We might see some wicks below this support due to the current situation of the market, so trade safely and wait for breakouts + retests
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