#FTT overview 1DAfter hitting exactly 1.272 extension on the first bullish move, currently bouncing from the 0.382 fib retracement level and heading towards the critical level of 62$.
In the worst scenario we an continue correcting towards 0.5 or 0.618 fib levels ,respectively 43-36$ levels, which would give chances to load our bags for the next big swing long waiting us. I believe 1.618 levels or 120$ will be reached soon.
Ftxtoken
FTTUSD going down to next supportFTT token is my fav of the utility tokens. Over the past few days, it held support levels around $60.
With that broken, I see the next support level to $52 almost matches the fib level here.
The market is very choppy and indecisive for me, so I am just placing my limit orders at $52 and patiently waiting.
(Disclaimer - not financial advice)
$FTT to $50 to grab liquidity$FTT may need to come down to $50 to grab some liquidity since 3 drive wedge is completed. Once we clear small range just above midrange we may test prior ATH and then very fast to OB. Those trending gap candles in context must be filled before continuation.
Invalidation: ATH
$FTT - should go searching for ATH end of this weekYesterdays dump took us into a D OB
Today we came and sweeped the wick low yesterday
Now we have got above the H1 up candle - the BKR - the breaker - that caused the sweep, and retesting it as support!
Missed limit entry at top of breaker - wasn't at PC
Market longed - aiming for -0.236 fib of H12 range confluent with around $90 - psychological level
Don't let me down SAM
Sam Bankman : Hold my FTT !Salve , long time no see
today I'm gonna talk about FTT token. FTT is FTX's exchange token
Holders get a fraction of exchange fees, a fraction of the liquidation insurance fund, and can use the token as collateral and to get tighter OTC spreads on FTX.
If you missed BNB at 60 you better don't miss FTT and you better HODL it too.
Targets 65 - 70 - 75 - 80 - 90 - 99
Stop-loss 55 - 50
what do you think about the future of FTX exchange?
what chart you like to see for our next idea?
#ftt FTX token, new leg up!It's a gem for next bull ran. We have Massive ressistance at 54$, after breaking ftt will have moon bang.
Also bullish triangle.
Globally waiting for 200$ and 600$ per #FTT. SL only after closing 4h candle under 44$.
Risk under your control.
Sorry my old idea was inactivated, because i published for russian language(((((
FTT|USDT💱Hey hey my friends👋
Last post of FTT is still valid if you took that trade, a new range has formed here, look to either DCA your position along the bottom range or enter here if you missed the first call, otherwise the breakout and re-test are solid ideas to wait for also
Super undervalued exchange token also IMO
$FTT is ready for bounceFTX token is going to lead the uponly market for the second half of 2021:
- Inside (reversal) candle on monthly chart
- Bounced off 0.705 Fib level (retest completed)
- Inverted head and shoulders pattern in play
- Measured move to take FTT to double top ($60) and then to $120 by end of year
Invalidation: close below previous swing low
FTT will be next BNBHello everyone
todays Im going to talk about FTT token and why its important
FTT is the native cryptocurrency token of the crypto derivatives trading platform FTX that launched on May 8, 2019.
The team behind FTX comprises some of the largest crypto traders over the past few years who, having found issues with most mainstream crypto futures exchanges, decided to launch their own platform. FTX claims that it stands out due to such features as clawback prevention, a centralized collateral pool and universal stablecoin settlement.
In regards to clawback prevention, a significant amount of customer funds on other derivative exchanges have been claimed by socialized losses. FTX reduces this by using a three-tiered liquidation model.
On existing crypto futures exchanges, the collateral is fragmented across separate token wallets; this can be difficult for traders as it prevents positions from getting liquidated. On the other hand, FTX derivatives are stablecoin-settled and only require one universal margin wallet.
Another feature of the FTT are leveraged tokens, which allow traders to put leveraged positions without the need to trade on margin. If a trader wants to short Bitcoin with 3x leverage, they can simply buy a 3x short Bitcoin leveraged token on FTX. These tokens are ERC20-compatible and can be listed on any spot exchange. FTX currently offers XRP, BNB, TRX, BTC, ETH, EOS, USDT and LEO leveraged tokens.
Targets 27 - 29 - 32 - 35
Stop loss 23 - 20
Do you think FTT can be more valuable than BNB in future?
FTX Token Shows Strength As Uptrend Is Still In Tact-FTT Is up over 30% from its low in June
-Price has respected an ascending channel for nearly 3 weeks
-FTT must break & hold its mid term trend to be set free
FTX token had an amazing run the last year as it rose over 2000% off its low. FTT fell victim to the trend of the market and has fallen over -50% off its ATH. FTX crypto exchange is becoming a widespread name as it nears the top 3 cryptocurrency trading volume in the world. The strong correlation with FTT & FTX exchange has likely held prices higher as there is utility involved with FTT, similar to BNB & Binance. FTT has shown more strength than many alt coins which has investors peaking an eye on a potential stronger revival.
FTX has been stuck within an ascending channel the last 3 weeks as traders fight for a strong breakout to either side. In the past week, FTT experienced a rejection at major resistance zone of $30.55-$31.95. Price must break & hold this mark to be set free for a shot to its first target of $34. Along with this resistance zone lies a mid term trend line (shown in black). Price must also break and hold this line for bulls to have a chance to start a stronger bull trend.
At the time of writing, the 200MA has held the price of FTT from further downside. This moving average is also met with the bottom trend line of the 3 week ascending channel. If bears manage to take back control of FTT and break these two marks, FTT will have a drop to major support of $26.95. This would also break the 3 week trend line which would be a bearish scenario for FTT as it will likely experience further downfalls.
While looking at the Stochastic RSI we can see strength has been coiling within the oversold territory. This may result in a large spike back above the 20 value which will likely send FTT back near $30. The regular RSI also is showing a slight bullish bias as it has formed a bullish divergence. A break above the 50 value on the strength would be the best scenario for FTT.
FTT intraday levels
Spot rate: $28.96
Trend: Bullish
Volatility: Medium
Support: $28
Resistance: $29.59
🆓FTX Token (FTT) July-10 #FTT $FTTThe $28 zone is an important support area for FTT and if it doesn't lose this zone, the FTT will likely continue to rise to the $32 and $36 or even $44 zone this July. However, if it loses the $28 zone, it will have a quick drop to the $25 or $22 zone
📈BUY
🔴Buy : 27.5-28.5$. SL if B
🔴Buy : 31.5-32.5$ if A. SL if B
📉SELL
🔴Sell : 31.5-32.5$. SL if A
🔴Sell : 35.5-36.5$. SL if A
🔴Sell : 43-45$. SL if A
♻️BACK-UP
🔵Sell : 27.5-28.5$ if B. SL if A
🔵Buy : 24.5-25.5$ if A. SL if B
🔵Buy : 21.5-22.5$ if A. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
FTTUSDT(1H CHART) Channel BreakoutFTTUSDT(1H CHART) Technical Analysis Update
Channel Breakout
FTT/USDT currently trading at $32.3
Buy-level: Above $32
Stop loss: Below $29.5
Target 1: $34
Target 2: $37
Target 3: $39
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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