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FTTUSDT trade ideas

FTT/USDT might breakdown Hey guys, We see a nice bearish scenario for FTT coin here. Price is sitting at an important level which is acting as support but also the pressure there is massive and breaking that line would mean going for lower supports which are marked as blue zones. If you like ideas provided by our team you can show us your support by liking and commenting. Yours Sincerely, Swallow Team 🔱 Disclamer: We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Short
by SwallowAcademy
9
FTTUSDT 1DWedge in accumulation, with strong support at $28.89. The price can challenge the Ichimoku cloud at $24.75 and find a route to break the wedge. Interesting setup, as from the top reached on September 9, 2021, from $85.74, until today, it corrected exactly 74.86%, which is clear the upward direction that this accumulative wedge will take, confirmed by the RSI indicating oversold. FTT is a token used on FTX, offering many benefits to its holders such as lower trading fees and accessing a number of perks on the FTX exchange, or using as collateral to trade derivatives. FTX’s increased public exposure, strong partnerships, and new protocol launches on the FTX exchange have made the FTT token successful. Follows support and resistance in 1H time frame: S : 23.42 / 23.35 /23.28 R: 23.63 / 23.72 / 24.04
by ferulianov
FTT retesting broken supportAs you can see in the chart, it is a very simple trade, the 24.9$ level was a strong support, now that is broken is a strong resistance. The price managed to climb back to that level(resistance) so i see that a reversal from here is quite likely. With the 22.5$ level acting as a magnet for the price. I consider to enter a Short position now with stop at 25.35$ and targets 24.13$ 23.22$ and 22.53$. Recommended to keep trailing the stop loss order and keep locking profits. If you agree give a boost and i will be glad to see your opinion in the comments.
Short
by piccard54
FTX token FTT is an FTX exchange token and has many usecases on the exchange, just like any other such token: burning tokens for a 1/3 of exchange revenue, discounts on fees for holders, use in various exchange activities, also institutions and investors pay expenses in FTT tokens by purchasing a "white" version of the FTX OTC portal and futures market. In a sense, betting on FTT on par with Solana is betting on Sam's success in the crypto industry. And so far SBF is succeeding in it - FTX is now one of the top 3 exchanges in terms of volume. In terms of tech - there is a lot of liquidity support behind the token, and I don't think it will be allowed to drop much, it is holding up well on this fire, just like all crypto exchanges tokens. As previously reported, Sam Bankman-Fried is willing to give $1 billion to support crypto projects = buy them at low prices = possible further development of the exchange and with it FTT price growth. We are now approaching $21-24 support, it would make sense to break that support and gather liquidity, so it would be prudent to wait for a drop to $16-18 for long-term buying, but to reassure, I would wait for a breakdown of the downtrend line and return above $22, because there is a possibility that after support we may see a sharp squeeze down, as we have seen before (-50% for 1 week as in May 2021).
Long
by razumcapital
FTT USD experimental playWith the whole ETH merge situation i dont want to take big risks for te next 2-3 days but i cant pass on this FTT idea. First of all, i'm buying HALF of my position here at 24.77 and i will set an order for the other half at 23.85. this will give me an average enry price of 24.31. i will have 3 take profit points 24.95 2.75% 25.90 5.9% 27.45 11% and i will use 2x leverage because it is a little dangerous. now,if things don't go our way if 4hour candle closes below 22.80 i will cut my losses.that is a 6.1% loss which is unusual for me to risk that much but i dont see that scenario coming to life. MAX 2X leverage with normal position size. If take profit one is reached,stop loss will go to my entry price. i will update here for every move i make.
Long
by POWcharts
🔥 FTT Bearish Triangle: Break Out SoonFTT is one of the few tokens which has been holding up quite well. From top to low it only lost around 75% of its value, where most tokens looked at a 90% loss. However, the near term does not look great for FTT. The bearish triangle on the chart is on the verge of breaking downward. With the FED announcing their interest decision coming Wednesday, it could very well be the catalyst for the price to fall through the support. Near term target placed at the capitulation low at $21. Longer term (and riskier) bear target at $15.
Short
by FieryTrading
7
FTTUSDTFTTUSDT(09.10.2022 UPDATED) Wait until price touches the trend lines then look for signal bar and key bar /Breakout and pullback to recognize direction of price movement. Money Management must be obeyed. Open position without setting the proper stop loss (1% or 2% of total balance ) soon or late will cause to lose all your money ( call margin ) Majority of trades is done via computer trading (forex / cryptocurrency) priority in analyzing charts: 1- Price Action 2- Market structure 3- Chart patterns 4- Candlestick patterns 5-Divergence 6-Indicators SETUP IN TRADING RANGE: BLSH BLSH:BUY LOW SELL HIGH
by ravankhah1348
FTTUSDT is testing a key levelThe price is testing the daily support at 26$ area inside a ascending channel on the main descending one. How to approach it? IF the price is going to lose the support and retest it as new resistance, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Short
by InkyGrip
$FTT (Log)- Correction unlikely done here. But looks promising. This is one of my bluechip coins and has been for sometime. I miss the first move up and I don't intend to let that happen again. Some big CT accounts are calling for sub 10$ prices. While I can understand the confluence, I still see a support well above that level. With the extended 3rd wave, I do see a good reason to bounce around the 19$ range. I see the waves clearly on this coin and I'll be tempted to short into my bias at some point in the near future. I see us finishing waves ii/Ⓨ/(C)/5 with the current 5 wave impulsive or diagonal structure. WXY is clear as day from the top of ⑤. Safe trades to all of you. Don't forget your SL.
Long
by FlokiCrypto
1
FTTUSDTFTTUSDT(08.16.2022 UPDATED) Wait until price touches the trend lines then look for signal bar and key bar /Breakout and pullback to recognize direction of price movement. Money Management must be obeyed. Open position without setting the proper stop loss (1% or 2% of total balance ) soon or late will cause to lose all your money ( call margin ) Majority of trades is done via computer trading (forex / cryptocurrency) priority in analyzing charts: 1- Price Action 2- Market structure 3- Chart patterns 4- Candlestick patterns 5-Divergence 6-Indicators
by ravankhah1348
What a base on FTX! 2 targets inside🚀Hi friends! Another crypto giant creates a huge base (or accumulation range) to skyrocket soon! More about the base were in this idea! Check it to get more experience in trading. Now FTX inside in the triangle and queeze to the top boundary. It`s a bullish signal but almost all altcoin depends on BTC. If BTC will break the 25k and move to 27-28k FTX is easilly reach this targets: 1. $38.5-40 - the closest value area and resitance for the price 2. $48.5 - the key level and reversal point 🚩 The big players (whales) accumulate FTX at the bottom as we can see at the chart. 📊 Here are the preconditions to open a long: 🔥 suqeeze to the trendline 🔥 whales orders to buy which DOM and Footprint indicators show 🔥 possible trap (shake out) to collect long traders sl 🔥 bullish BTC help FTX to reach all the targets 💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
2
FTTUSDT |Coin Review| uplinkHello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅ Friends today we have FTT coin (FTX token) for parsing There is an expectation that we will bounce from the upper borders of the channel to the support zone, I think it will not be bad to gain a position from these values. Of course, I don’t believe so much in the breakdown of the channel, so I will erase fixing from the upper borders of the pattern, and then look at the breakdown.
Long
by DanilBlinkov