FTTUSDT trade ideas
FTT/USDT 1D. Channel. Cycles. Accumulation. Idea.Idea on the secondary trend of the FTT token of "scam exchange" FTX.
After the FTX scam horizontal channel started to form. There were 2 accumulations zones which lasted each 30 days ~(1 month). After that the pump followed.
Now the price is between this 2 accumulation zones(buffer zone) for 3 months already.
After first pump local dip formed, after which another pump(2nd wave) followed. This wave formed local cycle at the duration of 32 days. Shown on the chart.
Above the chart each period is described. Below - what happened at each point of a new cycle.
Lately, after each new cycle(beginning since Aug 18) - we've seen price increase from 30 to 40%.
This 3 local pump waves formed an ascending triangle(bullish formation). Next cycle is on Nov. 22. 15 November is the date of listening for FTX case.
So, what do you think more likely - rise to somewhere about 2.2022$ zone(89.6% from current)?
Or the dump to the support of the "outer" channel to about 0.8088$ zone(-30.81%)?
By the way, since the beginning of the last local cycle - we've seen a significant increase in volume(Bitget exchange). Local resistance of the triangle is 1.22-1.33$$ zone.
✴️ FTX Token Grows 390% In Days (1,265% Wave Potential Mapped)When it comes to technical analysis, nothing compares to volume and price action, these are definitely the strongest data points to consider. That is, the current price, what is happening and if there is any real market force behind the move.
FTX Token (FTTUSDT) is growing really strong, over 390% in the last 10 days and over 240% within the last 7 days.
This same week, FTTUSDT is showing the highest volume ever on a green session, dwarfing the 2021 bull-market, but there is always more. In fact, while nothing compares to price action and volume, some signals can reveal more about the future than these two, specially when we combine a set of signals together to build a nice picture.
See this, FTT moved this week above its March 2020 low, a major turning point.
This level stopped the drop in November 2022 and the bottom formed right below it. A move above would signal that the bottom is in.
Finally, we get the mirror image.
Fast drop = fast rise.
There is huge potential for FTT medium-term since all previous gains were deleted by almost 100%.
We should see many targets on the way up, but I am pointing out just a few for you on the chart.
These are just projections, things can always vary and change.
The 1,265% potential is for the medium-term, there can be much, much more long-term.
Short-term, just see what has been happening in the last few days... Massive growth, but this type of action has its disadvantages. When the time for retraces and corrections come, the swings will be wild... So make sure to secure profits on the way up.
Don't be greedy, be happy with your results.
If one opportunity is missed, a million more will show up.
Namaste.
What’s The Future Of FTX Token?The crypto industry has recently recorded a price jump following the FOMC meeting, but the market recently experienced a correction of over 3%, resulting in it leveling out gains of major cryptocurrencies. FTX token has recorded a significant loss in value as its price has lost over 10% in the past week.
The five-week-long trial has ended as Sam Bankman-Fried “SBF” has been found guilty of all seven criminal fraud counts. The tentative sentencing date has been scheduled for 28 March 2024. Following the news, the FTX price has experienced a fall of nearly 5% in value.
The FTX price has displayed constant fluctuations in its price during the last month. Following the start of the SBF case trials, the price recorded significant movements. The FTTs FTX token was trading positively for the first few days, after which the price lost momentum and experienced a drop in value.
The coin was trading in a consolidated range for almost two weeks. Following the market pump, FTX broke out of its important resistance level at $1.2145. FTX continued to gain value but was rejected at $1.3648, after which the token lost momentum, broke down its support level, and started trading sideways.
FTX Future
If the bulls manage to hold the price above the resistance level of $1.2145, the price will stabilize. Further, if the coin holds its price above that level, it will continue to gain value and attempt to break out of the symmetric triangle and rise to test its upper resistance of $1.2832 soon.
If the market regains momentum, the price will make a run to test its resistance level at $1.3648 in the coming time.
On the contrary, if the bears overpowered the bulls and the price broke down the pattern, it would lose momentum and fall to test its support level at $1.1277 soon. Moreover, if the bears continue to dominate the market, it will experience a price plunge and will test its support level at $1.0990 this month.
FTT after A Successfull Trade Here is The Second One. Welcome to our crypto exploration hub! We're here to navigate the exciting world of digital assets, providing you with comprehensive insights into market dynamics and potential trading opportunities.Our mission is to decode the crypto market's mysteries and equip you with the knowledge you need to make informed investment choices. From the latest developments in Bitcoin to the hidden potential of various altcoins, we're your trusted source for daily technical analysis.While technical analysis is a valuable tool, it's important to remember that it's just one piece of the puzzle. We encourage you to take a well-rounded approach to your investments, considering factors like macroeconomic trends, news, and community sentiment.Join us for the freshest analyses, and don't hesitate to join the conversation in the comments below. Keep in mind that our content is purely for educational purposes and should not be construed as financial advice. Always integrate it into your broader investment strategy."
FTT on the moveI smell a very big move on FTT. Everything is with par in my trend analysis minimum 50% profit from here.
Do message me for my strategy and resources.
Thank you
DYOR
FTT - will be 20$? (ukrainian language in video, read describe)If you turn on 4 hours and look at the FTT chart, you will see how much the majority of the miners were breaking and taking their coins, I'm sure that the market makers have about 90% of all coins, which allows them to drive the price very high without any interference. Any price, any bullish trend has distribution stages, we will be selling on the 4th distribution stage. That is, strong growth, a sideways drain, further growth, and so on until there are 3 such stages, then we will think about exiting the coin. Most people will start buying back FTT when it is already very high and when FTX is bought back, it will be the time to think about where to fix, but before that, after the buyback, I will expect another 300-700% pumping
$FTT FTX stuck in a range... Break out?TSX:FTT has been stuck in a range for 1year
Current Price: $1.7
A break out of range will lead to resistances: 2.17, 2.87, 3.7
A continuous rejection of upper range resistance around 2.17 will lead to retest of supports 1.44, 0.82
Hi, I see A very good Swing trade opportunityHi, I see A very good Swing trade opportunity
Risk Reward is very good
Some of you will say FTT is doomed, will I am a chart analyst, and there is a very good sign of accumulation in the chart.
The SL is around the corner (-15%) with almost 700% possible gain , so it worth the risk.
good luck every one
FTTUSDT - to 8-11$There is a buildup going on with the potential for an exit and a huge 500-1000% pump up. It could happen this year. See my past ideas to see what has worked and how it has worked in the past. My description is not much different from the past, I don't know what to write here, it's all on the chart. I think even if the exchange will not have a positive future, the coin can be pamped, pamp is an infusion of money, not positive news, although under the pamp and distribution they will be for sure
FTT Buying Frenzy: Seize the Opportunity Now!Welcome to our crypto exploration hub! We're here to navigate the exciting world of digital assets, providing you with comprehensive insights into market dynamics and potential trading opportunities.Our mission is to decode the crypto market's mysteries and equip you with the knowledge you need to make informed investment choices. From the latest developments in Bitcoin to the hidden potential of various altcoins, we're your trusted source for daily technical analysis.While technical analysis is a valuable tool, it's important to remember that it's just one piece of the puzzle. We encourage you to take a well-rounded approach to your investments, considering factors like macroeconomic trends, news, and community sentiment.Join us for the freshest analyses, and don't hesitate to join the conversation in the comments below. Keep in mind that our content is purely for educational purposes and should not be construed as financial advice. Always integrate it into your broader investment strategy."
$FTT FTX CUP AND HANDLE Pattern!TSX:FTT ftx price action is now printing a cup and handle pattern after finding support at $1.
Only two things can happen:
$FTX neckline resistance above is btw 1.20 - 1.24
Price action can continue to to neckline resistance to complete the cup and handle pattern and proceed higher.
Up resistances: 1.1, 1.14, 1.33, 1.38, 1.45, 1.54, 1.62. OR
Or retest lower supports: 1.00, 0.95, 0.86
#FTX Current Price: 1.06
FTT found support daily Tf we have an orderblock that has been favored in the past than the asset is holding directly above from here we could see a push to the next liquidity area around 1.45
FTT| Dark fundamental FTX and technical development!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
The FTT coin is still showing signs of life, you can try to take a short position with a small gain, distribute the takes yourself, I set it to the 0.618 level, I think we will get there soon...
Deal plan:
Entry - 1.260/1.307
Stop - $1.385
Take - 1.126
FTT spot long if one of these two things happenIf BTC goes to $10k altcoins can easily drop more than -90% from ATHs, including the beloved FTT
Who knows... 'cuz I don't lol
$FTT FTX Rounded BottomTSX:FTT price action is currently printing a rounded Bottom.
Only two things can happen:
Currently $FTX neckline resistance is btw 1.20 - 1.24
If Price action continues to reject neckline, then lower prices will be seen: 1.14, 1.1, 1.06, 1.00, 0.95, 0.86
Break out of neckline resistance will yield higher prices with 1.33, 1.38, 1.45, 1.54, 1.62
#FTX Current Price: 1.20
FTTUSDTFTTUSDT is in bearish trend.
Potentially printing LH and LL.
Decending trianglel continuation pattern also form .
No sign of reversal from here.
We wait and watch for the breakout of decending triangle.
Satochi -- IS THERE A HUGE INCREASE COMING ON FTT?Thank you for reading our update. Please keep in mind that this is not trading advice.
There is still a 400M market cap + max supply and it's not possible to mint more coins.
Will we witness a similar impact on Luna's price, like the one it experienced when it increased to $7 after the huge fall? What could be the reason behind the data showing buy orders at $11 USD on FTT? Typically, it seems unlikely that Luna has a chance of rebounding to $11 after such a significant decline, especially given the current trends in this risky coin, FTT.
Data and technical analysis (TA) play a crucial role in trading, sometimes offering insights into patterns. Is there a substantial price increase anticipated in the upcoming days for FTT?
We will closely monitor FTT to see if it can achieve a price increase.
FTT (FTX) WHY THE CHART TA SHOWING A INCREASE?Thank you for reading our update. Please keep in mind that this is not trading advice.
FTT is considered one of the riskier cryptocurrencies. After its recent drop, it has remained relatively stable for a while. The latest data suggests that FTT could potentially rise back to the $2 level.
Should we view this technical analysis alert as a chance for the coin to rebound? Trading always involves uncertainty, so we'll keep an eye on FTT in the near future to see if it unexpectedly climbs back to $2.
There is a high market cap that still is activating on the FTT..
'Is there a news known that we don't know, or is this just a fake signal from the TA.. we will see.
FTTUSDTwill history repeat ? ftt can start from 1$ to 2$ ? we will wait and see what happen .
1st technical rule : history will repeat
Will FTT get the $2 ?The price just broke the trendline in order to look for all the liquidity to the rise and potentially reach $2.
#FTT/USDT is forming the Falling wedge pattern in 1-Hour TF!TSX:FTT needs to clear the Diagonal trend line and PWH to gain bullish momentum.
