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FTX Token / TetherUS

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FTTUSDT trade ideas

💡Don't miss the great buy opportunity in FTTUSD@FTX_Official Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (59.116). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . FTTUSD is in a uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. Take Profits: TP1= @ 63.000 TP2= @ 65.730 TP3= @ 68.000 TP4= @ 71.220 TP5= @ 74.000 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
17
WHAT IS FTT? NEXT 100$?What Is FTX Token (FTT)? 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. Who Are the Founders of FTX Token? The FTX Token or FTT was founded by Sam Bankman-Fried and Gary Wang. Sam Bankman-Fried is the co-founder and chief executive officer at FTX: Cryptocurrency Derivatives Exchange. He is also the CEO of Almeda Research and worked as a director of development at the Centre for Effective Altruism. He was also a trader at Jane Street Capital from 2014 to 2017. Bankman-Fried studied physics and has a bachelor’s degree from the Massachusetts Institute of Technology. Gary Wang is the co-founder and chief technology officer at FTX: Cryptocurrency Derivatives Exchange. He is also the chief technology officer at Almeda Research. Before this, he worked as a software engineer, after moving up from a software engineering intern at Google. He was also a software engineer intern at Facebook. He has a Bachelor's degree in mathematics and computer science from the Massachusetts Institute of Technology. What Makes FTX Token Unique? FTX is backed by Almeda Research, which is known as one of the leading companies in crypto trading and one of the largest liquidity providers. As such, FTX is a product designed by professionals with confirmed expertise in the industry. They cover multiple services: from collateral to maintenance margin to liquidation processes and product listing. FTX also claims to be focused on fast development cycles, allowing them to deploy crypto trading systems at a competitive pace. How Many FTX Token (FTT) Coins Are There in Circulation? FTX is a cryptocurrency derivatives exchange that offers futures, leveraged tokens and OTC trading with a focus on institutional-grade solutions. The FTX Token is the backbone of the FTX ecosystem, which was designed to increase network effects and demand for FTT as well as decrease its circulating supply. FTT has a circulating supply of around 94 million tokens as of February 2021 and a total supply of about 345 million. How Is the FTX Token Network Secured? FTT is an ERC-20-compatible exchange token. The Ledger Nano X/S hardware wallet allows users to securely store and manage the FTT tokens via its Ethereum app. Both the FTT and the leveraged tokens security audits are done by the Blockchain Consilium auditing firm. Analysis Tecnichal If we realize this is a zone of support at minimum points where a new rally tends to always start and break down. To look for a new support mostly 8 to 9 bearish candles are all these falls. One FTT craze is that bears always tend to break the 20-day moving average lower, not so much a test, but after that it makes support and starts a new bullish rally. What a curious fact. The RSI currently remains above the 63.4 area for a long time, it could indicate a slightly longer bullish or the beginning of a bearish to look for a test in the 50s. It is clear that with the fall of BTC it is most likely a test . Although FTT has a fomo due to being the best known Futures broker. Gaining a lot of popularity among high capital traders. (I include myself in this although personally I consider that the design of the website is strange). The MACD is losing its bullish strength, a fall is more likely if we visualize this indicator, being on the scale 2, if the bears manage to pull the MACD lower. We could see for the first time a bearish rally or a side on FTT. Currently due to the loss of bullish strength, I believe that we will be finding possible resistance in those areas. Possibly at 1.618 Fib Channel is where we find that resistance to look for new support. If we review the previous falls we could deduce a correction of 20%, Meh it doesn't hurt. Unless BTC is going to lose current bullish force to go lower I really highly doubt that we will have extremist losses. The MACD is not positive but if it breaks higher, we can be more sure, also that FTT has more cryptocurrencies from the #SOL network that is currently being a boom. Based on this, we could consider possible supports these points 57-48. Although as I mentioned, in a bearish scenario this will die. And it can start a somewhat long bearish rally. Although there are cryptocurrencies that despite the fall of BTC continued to rise, an example is #SOL, which was 1000% from our notice in the fall from 63k to 47k. If we use Fib Retracement in the manner of speculation, not as a retracement, I already explained 1 to 0. We could visualize a fall to 61.8% Fib or 23%. In case I take another little bullish rally. We would have a long-term goal of 100 dollars, this is already fundamentally, FTX is gaining popularity in Market Share, although currently its reliability is little to believe, but they can hold it in Binance if they do not trust their platform. I invested in it for 5 usd, and really in the long term I see a lot of potential for it and I think it could easily pass any legal test. Currently their code is audited and everything, but I mean on the website issue, the design is quite complex for new traders. In the hypothetical case that BTC suffers a retracement it is possible to start a bearish channel although FTT has supported the falls of BTC quite well, well that's it! Try to enter a fall!
Long
by UnknownUnicorn18500526
6
FTTUSDT 4H - WatchlistHey there, Because the price has reached the bottom of the channel, I expect to see a good growth. According to the intersection of line DE and the top of the channel, this growth will continue up to the price of 68.5 tether. Notice it's just a prediction and It's up to you to have a good risk management as well as good strategy! If you agree with me on this please don't forget like, and if not please comment below why. I will also try to share my best ideas with you. have a good trade,
Long
by benik719
🔥 FTT Channel ContinuationFTT has been trading inside this channel for over a month now. With the most recent BTC sell-off, FTT fell towards the lower support of the channel. This trade is based on the idea that the channel will hold in the near future. Obviously, this trade's success is highly correlated with Bitcoin's short term price action. In case BTC will fall further, FTT will fall through the channel. In case you are bullish on BTC, this might be a proper trade for you. Happy trading!
Long
by FieryTrading
10
FTX/USDT - Let's update the ATH? Hello future billionaires. On review - FTX/USDT The chart shows exactly what I would like to see now for this coin. Namely, updating ATN This is not financial advice, not a recommendation, I only write my actions and do not force anyone to do so. Now I buy by the market and place a grid of buy orders up to the level of $ 45 Join our free, open community - share your thoughts, schedules, and knowledge with everyone. There are no VIP channels, no premium groups, no annoying ads. Free society and free crypto trading. LINK IN BIO Gl to All
Long
by CryptoJaegerB
FTTUSDT Swing High| Local S/R| .618 Fibonacci| Price Action Evening Traders, Today’s analysis – FTT – oversold bounce coming to an area of resistance where a rejection is probable, Points to consider, - Price Action Impulsive - Local S/R Resistance (.618 Fibonacci Confluence) - Low Volume Profile - Oscillators Neutral FTT’s immediate Price Action is impulsive from its recent lows, trading towards a key Local S/R Resistance, allowing for a short bias. The .618 Fibonacci is in technical confluence, rejection here is highly probable on the first attempt. Both Oscillators are trading neutral however approaching their extended territories, a reversion to their mean is probable. The current volume profile is on a decline, and influx is highly probable when testing key trade locations. Overall, in my opinion, FTT is a volume short-term short with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps Thank you for following my work And remember, The hard work in trading comes in the preparation. The actual process of trading, however, should be effortless. Jack Schwager – Author of Market Wizards
Short
by AzizKhanZamani
Why FTT will DESTROY China CoinI'm sure you have all seen BNB pump recently. And maybe you were wanting to short it but its not looking like a great time from that chart. Well this will give us a chance to get bearish exposure to BNB while maintaining a Bitcoin neutral hedging for the coming drops. We can see clearly that FTT is not trending against China Coin. It is instead ranging. This invariably means that at some point we will break out of this range, and we think it is even possible to be happening some time in October or even sooner. For now this trade has a take profit level at the top of the range, and we will make sure to re-evaluate it after that. This trade is also perfect from a fundamental perspective. Binance is not worth 15 times what FTT is worth. Right now, if FTT was properly valued the same as BNB, it would be worth $865.77 at the time of writing. That is a 15x in price. To execute this trade properly, you would need to go to futures. There, you will short BNB and long FTX with the exact same amount. Again the bonus of this is that you will NOT lose money when BTC starts to dump more later!
Long
by bowtrix
FTT// Jead & Shoulders + TrendlinePrice has currently stalled out at the base of the H/S pattern which has recently been completed. There is also low volume which suggests energy building and an impulse to either side. Current price action suggests that this trend will continue upwards. Although I have many reasons why I would like to take this trade technically and fundamentally, patience is the game. I want to wait for further signs that price will hold at this level and that FTT will receive a good volume push. Until then I will continue to monitor FTT.
by N0ST0PL0SS