Rising Wedge with Bearish divergence at 61.8% RetraceGoing to target the 100 percent retrace for profit taking here.
FTTUSD trade ideas
Symmetrical Triangle Good For Break To Test IHNS NecklineWe look to be in a Triangle Pattern and that's completely neutral but it would seems fitting for this triangle to breakdown and test the old neckline of the Inverse Head and Shoulders pattern below.
FTT imagine countertrading a billionaire who sleep on a beanbageasiest trade of them all dont fade sam especially with US regulations coming(where the winner gonna be FTX by wide margin) and maybe sportsbetting as well to ftx soon
everything under new ATH is simply FUD!
FTT 4H looks like wyckoff - might dump if bitcoins go downFTT 4H looks like wyckoff - might dump if bitcoins go down
currently BTC hogging 44K as support for the 3rd time in the last week or two
if this will switch to Resistance FTT will probably dump to shake out weak hands - and then bounce to the sky like SOL
FTT road map cheap FTT to come and then ultimate moon . grind market to continue with nice bounces between
$FTT LongBased on some TA and other factors, I believe this is a good place to long $FTT. 2.6 R trade let's see what happens.
FTTFTTUSD the FTX token trading above 35.00 is a good bullish sign at the moment, if it maintains this level we could see 42 dollars soon.
FTT + SOL OVERVIEWFairly strong correlation between the two. It stands to reason that the two should move very similarly, as we approach ATH's for both I am curious to see if they continue to move together.
its my FTT chartI like complamency phases, who knows maybe i can take my targets. maybe bull run will continue
$FTT daily viewInitial entry made at $22 support level, with another two entries made as per indicator buy / entry signals. Still showing a lot of strength as it is pushing through the monthly resistance level at $39.98.
FTT daily viewFTT with a strong rejection at $39 monthly resistance level. Retest of previous monthly level most likely probable support.
$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/USDT - potential 200% long term setup Hello, Traders!
FTT has a strong fundamental component and is a good option for a long-term portfolio.
The market maker is holding the price at March levels and buying out sales, which could indicate intentions to continue the business cycle if market conditions are right.
To reduce risk, the position should be broken into 3 parts and bought up in case of a correction :
20% of volume in the range $25.40 - $28.20
30% of volume in the range of $19.90 - $22.65
50% of volume in the range $13.95 - $16.50
Stop Loss range would be $8.50 - $10.75
Buy targets will be price levels of
$41,90
$54,00
$61,40
Risk/profit ratio above 3 ✅
Good Luck and watch out for the market!
P.S. This is an educational analysis that shall not be considered financial advice
FTT looks trashcant say im too bullish on this with how bearish the chart looks, might average into a trade with invalidation above the resistance in form of full daily canclebody close
FTT Short Term Low is InLooking for FTT to outperform IF we see a short term bounce in the coming weeks
FTT - Range bottom SFP playCurrently looking for a close at the bottom of the range as an SFP. tight stop with the untested high as a TP
Possible Oversold Rally From Range Bottom IncomingRSI is Moderately oversold at the bottom of a trading range i will be making a small bet that we will rise a little bit from here.
