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.
FTTUSDT trade ideas
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.
FTX FTT - Strong altcoin! Huge base + Elliott Wave
FTT is a very reliable and strong altcoin that you can find on the crypto market, together with BNB.
FTX exchange is growing really fast, and there is a lot of demand for the token. If you want reliable and stable gains, this is a great choice for the long term.
We have a clear and very bullish structure (rectangle consolidation) and the bulls successfully defended the previous swing low.
My Elliott wave analysis suggests that we have completed an ABC correction (ZigZag 5-3-5) and we are prepared for the next impulse wave from here!
If we take a look at the volume indicator, we can see very low bearish pressure, so it's really good to see.
Our profit target could be 0.618 FIB extension from Wave 1 -> Wave 2, but I think we can go higher. We need to wait for the price to develop.
I expect tremendous gains for selected altcoins. You can find them in the related section down below.
For more ideas, please hit "Like" and "Follow"!
FTT/USDT BUYING SETUPFTT Breakout Major falling wedge pattern wait for daily close for confirm valid breakout or false break. if we see in 4h timeframe now FTT on strong resistance potential rejected back to retest on 4h demand before back to trying breakout the resistance . in 4h demand at the time support the trendline
Entry : 31.4 - 29.2 - 27
Target : 37 - 42.31 - 47.98 - 53
Stop : 25.6
#FTT/USDT - Long - Potential 22.05% #FTT/USDT - Long - Potential 22.05%
Exchanges: FTX, Binance, Huobi.pro, KuCoin
Signal Type: Regular (Long)
Entry Targets:
1) 29.29 - 100.0%
Take-Profit Targets:
1) 30.47 - 50%
2) 32.17 - 30%
3) 35.74 - 20%
Stop Targets:
1) 25.76 - 100.0%
Entry Trigger - Bullish divergence with RSI oversold, wave oversold on support with multiple pullback entry triggers.
Trailing Configuration:
Entry: Percentage (0.0%)
Take-Profit: Percentage (1.0%)
Stop: Breakeven -
Trigger: Target (1)
Is this not telling us something ?Now one of the things I look at in the "buy the dip " market is how much can an asset go back up, after dropping so far ? I read and see charts telling me much larger assets have dropped by 85-90 %, so I expect that some of them may return to these ATH's. But what is with this asset, as right now it has only dropped by 53%. Is there something special about this coin that it didn't drop as far as the others ? Is it a super-resilient asset ? Does it have super powers ? Now,, who created this asset ? What is their business ? Will it surpass it's all time high, while other slug coins, too heavy to rise, flounder and do nothing in comparison?
Call it fundamentals, but I think its worth investigating. I could be wrong, but the moon could be made of swiss cheese too ?
The Sublime Prince of the Mystic Brotherhood
FTTUSDT Analysis (Local Vision)Hello friends.
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Everything on the chart.
Entry: market and lower
Target: 36 and ~40
after first target reached move ur stop to breakeven
Stop: ~26 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 3
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
FTX Coin analysis; FTTUSDT Update 📈📉HEY, what's up guys ?!
Since 19 Dec 2021, as I expected for FTT , after breakout upward channel it has been declining till now!
So today as you see on the weekly timeframe again for FTT /USDT , after a little consolidation phase around current support zone , recently printed a weekly bullish candle ,plus revealing some positive divergences , now it can continue to rise more, so in this case if it be able to breakout the descending trend line it can reach the higher resistance zones, but then I expect a possible rejection at there !. but if it losses the current S zone it may see the lower support zone!
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
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FTT (will history repeat itself ?)FTT / USDT
After bearish phase there are accumulation phase then bullish phase
Just look at FTT in (late July and early August 2021)
And compare it with current price action
Its looks the same start, same price action with same support and even same months !! Thats a great fractal with one year ago
Will history repeat itself ?
Very high potential
FTTUSDT | IMPORTANT ZONEFTTUSDT has been trading near the resistance zone . The previous data shows price took a beat from same zone. The last few candles formation shows a consolidation near the resistance zone .
The bulls need to break above the resistance zone and price must to sustain above that zone. While bears will be active at resistance zone and also break below the rising support.
Trade your levels accordingly.
FTT : Long term bearish but a good game for short termFTX token is in our radar right now as the price of this token is now trending slightly above the crucial support of $23 which is becoming the last defending area to maintain the bullish structure in higher degree.
Price is now trending inside of this parallel channel which it's highly affected by the bitcoin's current price action. However, we still see possibility for the price to show us another upside pump to the area of $37 because of current extreme oversold condition in the market.
We are very confident to see the possibility of moving up in upcoming structure which the area of $37 is needed to be touched for making this as a healthy bearish structure.
Overall bias on current structure is to test the area of $8.7 which is very bearish on long term. But for short term, it's still a good game to expect upside spike to $37.
FTTUSDT Breakout Confirmed! FTTUSDT technical analysis update
FTTUSDT currently trading at 29.40, the price moving above the resistance zone after 2 months of consolidation and 200EMA and 100 EMA crossed in 4h chart, I'm expecting a good up move in FTT.
Buy zone: $29.00 - $29.80
Stop loss : $27.00
Target 1 : $31.50
Target 2 : $33.80
Target 3 : $37.00
Swing trade setup
Always keep stop loss
FTX FTT - The most bullish altcoin! Huge base + Elliott Wave
FTT is one of the most bullish altcoins on the weekly timeframe, together with BNB!
We have a clear very bullish structure (rectangle) and bulls successfully defended previous swing low.
My Elliott wave analysis suggests that we have completed an ABC (ZigZag 5-3-5) correction and we can definitely go up from here!
If we take a look at the volume indicator, we can see a very low bearish pressure, so it's really good to see.
Out profit target can be 0.618 FIB extension from Wave 1 -> Wave 2, but this is just a projection for now.
FTX exchange is growing really fast and there is a lot of demand for the token.
Look at my ideas about interesting altcoins in the related section down below ↓
For more ideas please hit "Like" and "Follow"!
FTTUSDT | BEARISH TRENDFTTUSDT recently hit the resistance zone and price took a rejection and started a downtrend. The price is making lower lows ad lower highs. Now the rising trendline is broken and price is trading below the rising support. The price is also resisting from falling trendline.
Currently, it is developing a Lower higher, where falling trend line can resist the price and bears once again will continue their downward journey. The bulls can be only in control once falling trendline is broken above.
Trade your levels accordingly.
FTT - FTX Token LongFTT is at the important zone now in the daily timeframe. The price has been falling about 70% from ATH, while this drop is 90% or more for most altcoins.
Additionally, it has a double bottom and almost a higher low in the lower time frames, so it seems to be good to buy for the mid-term and long-term at these prices.
FTX/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
On this chart I want you to look at a few things.
From the ATH we've dropped about 73% so far
A lot of the coins I've charted for you has gone to the 82% or more area. On the fib retracement, if you look at the white lines, below the 0.236 fib level
where the purple circle is; That is where majority of altcoins have retraced to so far. This coin has a high possibility of going below the 0.236 fib as well.
RR: 7.4
Possible Upside: 459%
Possible Downside: 65%
FTTUSDT: Binance | Bearish Harmonic Patterns detected in LTFFew moments back I noticed Bullish Harmonic Pattern in 4H time frame which I have shared here already.
You can check that out here.
https://in(.)tradingview(.)com/chart/FTTUSD/JzgcmoGS-FTTUSD-Bullish-Crab-Detected/| Remove brackets to get link
Anyways let's continue this idea.
I have noticed Anti Nen Star as well as Cypher patterns in 1H time frame so I have opened short position here with below mentioned Entry, TP, and Stop Loss to scalp.
Pattern 1: Anti Nen Star: SHORT
----------------------------
Entry: 24.919
Take Profit: 24.64, 23.96, 23, 22.93
Stop Loss: 25.198
Pattern 2: Cypher: SHORT
----------------------------
Entry: 24.919
Take Profits: 24.43, 23.75, 22.93
Stop Loss: 25.408
Note: Once Take Profit 1 gets flipped i.e. becomes resistance I would move SL at entry and ride the trade.