FTX
FTTUSD: $45 if this pattern plays out.Hello All. Looking at FTX on the daily timeframe we see a formation of a descending wedge pattern which is a bullish cart pattern.
We see that the price broke bullish out of the descending line of resistance and currently sits above the 21 day MA.
The price target for this bullish breakout sits at $40 which is a potential 45% move towards the upside.
The $40 price is also a psychological level and also the previous resistance; so keep an eye on.
Happy Sunday...
Thanks for reading, and stay tuned. Enjoy.
BONE is the NEXT BNB-ETH if Shibarium is successful! 1000xShibarium will be the next layer two solution related to ETH. I have some hope about this project, if Shiba Inu is succesful and its blockchain is live, it will means that probably Shibarium will be too.
ShibArmy is one of the most strongest community in all social networks, and BONE is basically its heart from Shibarium.
I bet on this project, and I am sure, that it will be successful. I bought from previous bottom, load your bags, and NEVER FORGET keep your risk management.
Invest what you could lose.
Walk and forget about the market.
Target: 400, 500+
JB.-
(See KingShiba too, is great project).
FTX Token Bullish Divergence (55%+ Mapped)We have a very strong bullish divergence with the MACD and RSI on the FTTUSDT chart.
Notice the recent descending channel on FTTUSDT.
Here is the MACD, ascending channel:
Here is the RSI:
And Dogecoin (DOGEUSDT) went ahead and started moving right away.
You can check also Cardano (ADAUSD), Comos (ATOMUSDT), Bitcoin (BTCUSD) & more by visiting my profile.
www.tradingview.com
Namaste.
Compound Bottomed Out! 230% Potential Profits Next!We are looking at Compound (COMPUSDT) and after two days of bullish action finally a break above EMA10 happens, signaling that the bulls are now in control (candle closure needed for full bullish confirmation).
Notice that the trading volume is still at basically zero.
The RSI made a strong jump and the MACD is showing a bullish cross.
Once the volume comes in, the value of COMPUSDT can have a sudden jump.
It will be fast.
It will be profitable.
It is entertaining and fun.
Buy. Sit back relax watch and enjoy.
Namaste.
Trading Signals (30% gain in 5 days)Hi guys,after this glorious trade on ETH (30% gain in 5 days) we decided that we want to share our nicely working algorhythm to a wide auditory.
In order to be a part of it and to make sure that youre mostly on the right side.
This is a page for traders which dont want to be all the time in the markets,c but for traders which want to be in, when the "party" really begins-
So make sure to be a part of it as we will update the signals we post with Take Profit alerts aswell as when we Exit those Trades.
This is of course no financial advice
See you soon guys
PyjamaTraders army is building up!
FTT | Ready to Bounce Back..!!
#FTT/USDT (Update)
Descending channel Formation in Daily timeframe..!!
Looks Like Bottomed out, Ready to Bounce Back..📈
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love & Support..!!
Runeusdt (THORChain)If you look at my previous analysis, I analyze very simply and I do not use any special complexity
I think the path is drawn and The M pattern is evident in RSI and its Chart.
Given that it was delist from the FTX exchange today.
If you buy from the specified point, the first step can be good...
It is not financial advice to be on your strategy
FTX Token (FTT) Chart Analysis + Target & Support LevelsWe can see that FTTUSDT (FTX Token) managed to break above EMA10 on negligible volume... Which isn't really good but, once we have a bounce start to develop, we can see the counter-trendline being challenge, this is mapped on the chart.
We stay bullish above the "rising trendline".
We turn/switch/adapt to bearish below "support".
We aim at $35-$37 as bullish target on the next jump.
Namaste.
No Bitcoin Short-Term Recovery? Yes Recovery! Patience is keyWhile now it is easy to see Bitcoin going lower, at the moment that isn't the case.
We are still trading above our local support, around $27,777 on this setup.
This is marked with light blue and red dashed lines on the chart.
As long as Bitcoin stays above these levels, we expect a short-term bounce to around $34,000 to $38,000...
If Bitcoin moves and closes below our support, then look at the red arrow... That's how it goes.
We are patience.
We are grateful.
We are light!
We are love!
Thanks a lot for your continued support.
Namaste.
FTT great future ahead :) Fundamentals:
+ FTT native token with endless possibilities
+/- Relatively Risk-Off token within the crypto industry. This does not mean it should survive crypto winter better than others, but it is more of a relatively "Safe" opportunity.
Opinion:
FTX native token. The possibilities are endless.
This is not intended or made to constitute any financial advice.
Notes on how I personally use my charts/NFA:
Each level L1-L3 and TP1-TP3 has a deployment percentage. The idea is to flag these levels so I can buy 11% at L1 , 28% at L2 and if L3 deploy 61% of assigned dry powder. The same in reverse goes for TP. TP1: 61%, TP2:28% and TP3:11%. If chart pivots between TP's, in-between or in Between Sell levels these percentages are still respected. I like to use the trading range to accumulate by using this tactic.
Just my personal way of using this. This is not intended or made to constitute any financial advice.
This is not intended or made to constitute any financial advice.
FED Macro Situation Consideration:
All TP's are drawn within the context of a return to FED neutral policy. I do not expect these levels to be reached before tightening is over.
NOT INVESTMENT ADVICE
I am not a financial advisor.
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Are You Prepared For The Long-Term? The Whales Are...So, this is back in late 2018, looking at the previous Bitcoin capitulation.
I remember it clearly because I was out of town and saw my capital being slashed in more than half in a matter of hours...
I share these as a warning for you to prepare and protect your capital as much as you can and want.
Here is the chart:
Notice that the initial low after the All-Time High was set at $6000 in February 2018.
It took until November (over 8 months) before the support broke.
Capitulation followed and the whole process took 6 months.
Bitcoin closed RED for 6 straight months.
Present time: BITCOIN
From $13,000 to $30,000 there isn't much support.
The "orthodox" top for Bitcoin happened April 2021.
The initial low was set in June 2021 at $28,805.
This time around it took longer (11 months) but the initial low has been broken.
This is what signaled the 2018 capitulation.
CONCLUSION
With a volume breakout happening in favor of the bears...
11 months of "shaky/volatile distribution"...
Bitcoin can still close red for another 3-5 months.
This is just one of the many possible scenarios.
Be prepared.
I hope you find this information useful.
Thanks a lot for your continued support.
Namaste.
Bitcoin & The FED Increasing Interest RatesWe saw how the news people got many of our readers and supporters confused by making them believe that rising interest rates was good/positive for the financial markets.
We all know/knew that the Fed raising interest rates is always a bearish scenario.
Instead, this situation was hyped up as something bullish and the market pumped in response... The rookies were hooked in and a crash followed; money lost.
Now what we know from past history, books and all data available has been confirmed; Everything drops when the Fed raises interest rates...
I am writing this in support of my previous article about Bitcoin (see below):
Are You Prepared For The Long-Term? The Whales Are...
Here we talk about being prepared for the long-term, as prices go down just as they go up.
So, the Fed will raise rates again next month... And then again and then again.
This fact supports my article above.
Let's enjoy the Altcoins while we can.
Think back March this same year...
Yes, it grows, it is great but do not get lost in the hype and euphoria that quickly builds up.
Stay sharp and secure profits.
Avoid margin/futures and all gambling until the bear market is 100% over.
Focus now on buying and accumulating.
Buy, buy, buy for the next 3-8 months.
Hold anything and everything you bought for a few years; Peak 2025 or 2024.
In a nutshell, we are still in bearish territory but the market will absolutely grow after.
We expect some relief this or next week...
The relief can last 2-4 weeks, more or less...
Then the resumption of the trend (down we go).
The bottom can happen this very same year...
After the bottom is in, the only place left to go is UP!
This is not financial advice.
Do your own research.
Thank you for reading.
Thanks a lot for your continued support.
Namaste.
Sol the Icarus of the cryptoverse.Long term chart for SOL. Levels of interest for buys and take profit. (Take profits are not expected to be reached until after the FED is done with tightening, and possibly a couple of months after a return to neutral policy.)
Fundamentals:
Sol is not a blockchain like others. The term blockchain is almost incorrect. However, it does have big capital behind it and exchanges such a FTX behind it. It has a central office. It is U.S based. It is also prime to lead the way in regulation compliance. In terms of price I have no doubt it will enter a parabolic rise once the FED returns to neutral policy/accommodative policy.