FTTUSDT trade ideas
🆓FTX Token/USDT Analysis (23/2) #FTT $FTTThe strong buying force continues to pour into FTT in this February, showing the possibility of FTT's price increase, but because the market health is quite weak, FTT is currently still dominated by selling, but not because of the strong selling force, but because the buying force is temporarily paused.
As long as FTT surpasses $32 zone, strong buying force will push in to help FTT rise to $46 and even $64 zones.
📅NEWS
No News
📈BUY
-Buy: 26.5-28.5$. SL if B
-Buy: 31.5-33.5$ if A. SL if B
📉SELL
-Sell: 45-47$. SL if A
-Sell: 64-66$. SL if A
♻️BACK-UP
-Sell: 26.5-28.5$ if B. SL if A
-Buy: 20-22$.SL if B
❓Details
Condition A : "If 8H candle closes ABOVE this zone"
Condition B : "If 8H candle closes BELOW this zone"
FTT - Growth opportunities as good as BNB Quick FTT analysis. I will try to play a little in this tight range. We still on the bull market, i.e I assume ranging and expansion after that.
Moreover, FTT has some really good fundamentally growth opportunities. FTX supported projects (SOL, SRM, REY) continue to grow rapidly and attract more user funds.
Information is just for educational purposes, never financial advice. Always do your own research.
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FTT - the token of the fast growing & most innovative exchangeSince my first recommendation on December 16th, when FTT was trading at 4.64 USDT, it gained about 420% and still has potential!
FTX ist the most innovative exchange out there and fast growing, eating market share from other exchanges.
The fibs should give you some idea where it is heading. 40 USDT is a realistic target imo, especially if you compare it to BNB the token of Binance.
I will always keep some FTT as it gives you fee rebates (always useful) and if you stake it increased airdrop rewards and more voting power.
💡 Don't miss the great buy opportunity in FTX Token/USDTTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (10.5). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. FTX Token/USDT FTTUSDT is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 12.95
TP2= @ 14.15
TP3= @ 15.75
TP4= @ 17.75
TP5= @ 20.00
SL= Break below S2
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💡 Don't miss the great buy opportunity in FTX Token/USDTTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (10.5). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. FTX Token/USDT FTTUSDT is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 12.95
TP2= @ 14.15
TP3= @ 15.75
TP4= @ 17.75
TP5= @ 20.00
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 do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
FTT - Parabolic ModeFtt becomes parabolic, volume is still growing steadily (about $400 million atm), and it shows no signs of weakening. I think this trend will continue for some time.
The trend is still clearly bullish, and we shouldn't forget Maps Me IEO is ahead.
12-15 dollars is quite a possible target for me.
Information is just for educational purposes, never financial advice. Always do your own research.
Hit the "LIKE" button and follow to support, thanks!