FTTUSD trade ideas
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)
New high in FTT coming?Timeframe 4 hours. Of all alt-coins, FTT looks clear and predictable for us. After exiting the current range, it is possible to update the global highs since the current range has been traded for quite a long time. Take 1 - 52 $ / take 2 - 54 $ / - take 3 - 56 $.
It is also wise to leave some of the position in case of tothemoon and a new high.
$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/USD bullish uptrend will continueAfter I posted the last idea of FTT,
It bring a crazy pump more than 40% in one day and reached ATH.
"FTT/USD go to ATH soon?" << you can go to my profile to see this idea.
Here is my latest idea of FTT:
- 4 hours chart break the down tread, seems the correction is completed?
- In trending trading, the bullish stocks will keep creating the ATH.... FTT can do that too!
- In the latest FTX IEO, the new token bring more than 100x... It mean next FTX IEO will bring more people to join and FTT demand will be high....
- If compare BNB and FTT, FTT token still in low market cap...
As said, FTX is growling fast and which is a innovation crypto exchange,
it also is a long term project to me.
This is not financial advice. Just my point of view.
You're welcome to leave your comment if you want further discussion.
FTT opened a long at 45 for FTT due to the bullish news on FTX allocation on ledger x's mother company. Looked into the setup, bullish divergence ont he potential SR flipped. Smashed it to ATH and sold all my bags due to the HTF resistance. still backed 20-30%. Willing to Dollar cost average for my long term bags on FTT. Adding aggressively if prints a higher high on the Daily candle. SR Flip play at it's ATH. Riding it to a$100.
FTT/USD go to ATH soon? FTX is my favorite exchange and it become stronger and stronger.
And I like FTT token too!
If we look for the FTT/USD pair, it is similar with ETH/USD.
- Cup with handle pattern
- Fib 0.5 very strong support
- Weekly MACD candle is green
- Build up more than 3 weeks
FTX is growling fast and which is a innovation crypto exchange,
it also is a long term project to me.
This is not financial advice. Just my point of view.
You're welcome to leave your comment if you want further discussion.