$FTT - Breakout TimeAfter a few weeks of consolidation FTT has traded relatively flat between 63.5-57 USD
Price action is tightening
EMA Ribbons are tightly correlated
Bullish pennant is forming quickly
Targeting 90 USD minimum on this move
FTX
💡COPEUSD ANALYSIS💡HELLO FRIENDS
TECHNICALLY WHEN WE LOOK AT THE GRAPH IN 4 HOURS, THE Gartley Bull Formation ( Gartley Bullish ) HAS OCCURRED.
THESE TRANSACTIONS ARE VERY RISKY. IT MUST NOT BE
ENTERED WITHOUT MONEY RISK MANAGEMENT. FUNCTIONAL TARGETS ARE AVAILABLE ON THE CHART
TP1:2.78
TP2:3.21
PROCESSING ENTRY LEVEL:2.44 (4-HOUR CANDLE CLOSURE) IS NOT
INVESTMENT ADVICE. IF YOU
BENEFIT FROM ANALYSIS, DON'T FORGET
TO LIKE AND FOLLOW 👍👍👍👍👍
Gartley Bog Formation ( Gartley Bullish ) Retracement from
A to D should ideally be 61.8% or 78.6% of the XA leg.
• A valid ABCD pattern should be observed in themove from A to D.
XA and AD must be synchronized in time.
• AD time should be between 61.8% and 161.8% of XA time .
Sometimes the ABCD formation retracts 100% of the XAB leg. ( Double Bottom )
• In this case, for a true double bottom, the timeXA and AD must be equal.
🔥 FTT Huge Bearish 1-Year Wedge: Break OutOver the past year, FTT has formed a huge bearish wedge pattern. Classically, these are reversal patterns, so a strong bearish move would be expected.
However, I'm still fairly bullish on the crypto market as a whole. My expectation is that FTT will see some bearish moves in the near future. I'll be watching for the support area for a potential reversal.
A break below the support area might indicate a longer-term weakness.
Happy trading!
FTT/USDTDrop will turn bullish from 50-52K
*Please share your opinion on it, write in the comments. Dont forget some cheers bravo. "
Teşekkürler.
FTX Token - ATH? 🤔FTX token recently made all time highs but the quickly dropped back down.
It broke the major trendline, which tells us that the uptrend is growing weaker. We are now struggling to move up back to ATH's.
Will be keeping a close eye on this and if we correct all the way to ATH, could be the making of a great short!
However, if we see any bullish corrections now, we can get in with stops below the red trendline.
FTT flipped SR and heading to new HighsFTT nice break out and flip of S/R
Price retesting currently the old resistance as support now.
Want to see price go back above PWH / WO / DO and hold for a push up towards PMH to $70
MS is bullish on the H4
Lowest price can go to remain bullish is the MO at $59.5
I do not want to see a close of H4 bellow it.
#FTXTOKEN #FTX DAILY CHART TECHNICAL ANALYSIS
Considering the orange and purple uptrend channel and the fact that the price has supported its uptrend line, as well as the formation of a triangular pattern, we can expect the price to grow to one of the following targets.
TARGET1: 100$
TARGET2: 140$
TARGET3: 170$
Due to the strong resistance on the first target, if the price reaches this target, save profit and free risk must be done.
STOP LOSS: 47$
ENTRY: 66-58
TIME 2-8W
SOL/PERP pullback to the .382Im all for the BULLS but logic trumps hopeium.
this has a 55% chance of playing out if it flips lets goto 1k SOL :D
SPELL looks like having a comeback!After a massive dump on listing, SPELL has been rising steadily.
It's very probably mostly bots as the price ranges fir Fib levels, too well to say the least.
However as reaching ATH, moving above the top resistance will enable a parabolic rise.
Stop below the trend at a point comfortable with your risk apatite.
$FTT FTX 4H chart + ema cross been watching too many Sam podcasts
ema cross could bring good 4h candles as long as we stay in the channel
decent upside and a safe hold
CQT/USD chart update'Covalent is a Hidden GEM?' I shared my views in this article,
And CQT look like have a great entry point now?
We can see that some signal in 4hours chart:
- Testing the uptrend Support line
- Fib 0.5 Support
- RSI around 36
- MACD haven't created an higher high
- Very low vol when dropping
This is not financial advice. Just my point of view.
You're welcome to leave your comment if you want further discussion.
FTT 12H BUYFTT 12H support is at ~$58
Try to set some buy orders near the support zone
If FTT holds above the trendline,
the Take-Profit target would be $63, $68, and $72
Copenomics, Take Two (Looking for Clues)We're all addicts to volatility. And cope has a ton of it to offer.
But I'm neutral until I see a few bull clues.
#1 I want to see a higher low form on the 4-8 hour chart
#2 A recap of the major S/R at $2.15
#3 Complete market structure change at $2.7
Likely will DCA at each of these 'clue' recaps.
Also wouldn't mind a looking at the fundamentals for another clue, that the project is advancing as it was intended in the whitepaper and that it's not chasing little side projects.
The easiest long in the history of financial markets.Math never lies. Luckily, the mathematics of the blockchain make bubbles impossible. FTX:SOLUSD
Covalent is a Hidden GEM?In 2021 crypto market, many sector such as Defi, Gamefi, NFT... all pump like a rocket!
And I think this sector - Web 3.0 / Big Data will moon soon.
I would like to talk about the hidden gem - Covalent (CQT)
What is Covalent?
Covalent provides a unified API to bring full transparency and visibility to assets across all blockchain networks. Simply put, we have a single API which allows you to pull detailed, granular blockchain transaction data from multiple blockchains with no code.
If we look for the CQT investor: BINANE LAB, ALAMEDA RESEARCH, COINBASE.... That's crazy!!!
CQT also support Multi-blockchain such as ETH, ETH L2, BSC, AVAX etc.....
And Look for the marketcap for CQT, Rank #537 in Coinmarketcap.
Current Marketcap: $60,958,042
Another similar token GRT, Rank #40in Coinmarketcap.
Current Marketcap: $4,489,035,775
CQT may bring 77x from current price....
I will keep holding my CQT which bought between $1.2 to $1.3.
For the TA:
- Fib 0.618 have strong support
- MACD almost change to green
- The ICO completed more than 4 month, the early investors from ICO may leave already....
This is not financial advice. Just my point of view.
You're welcome to leave your comment if you want further discussion.
Bitcoin down then upNot to phased by the current price action on Bitcoin in fact I find it healthy right now to see a short term consolidation even pulling back as low as 55k to re fuel the rocket.
The 236 is currently holding as support which is a pretty bullish sign and if we dont break this level and move to the 382 then i believe we will start seeing some truly parabolic price action next.
Im staying long spot for now and looking to load up long positions on qrt futures if we can get down to around 55-57k, happy to sit in low leverage futures position for a few weeks to get the most out of the run.
Dont think the bitcoin bull is finished just yet and is mainly fueled by global economics at the moment rather than hype train and fomo like 2017.
Although I believe it will happen at some point which is when we have a parabola and possibly a blow off top above 6 figures....
lets see what happens but i think its going to be an exciting end of year for crypto folk..... well atleast the ones on the right side of the fence.
BTC DominanceDescent pull back with the dominance over the last few days with Bitcoin falling just short of 48% dominance.
Surprised to see ALT's hold there value on that last push which tells me the money isnt ready to flow yet or maybe its about position more money into a liquidity pool to shake them out.
Either way I see BTC making a big come back very shortly after this consolidation and seeing the sat price rip once again until we get over 50%
#AUDIO breakout? | #AUDIOPerp #LONGHello Padawans,
Audio,
Fundamentals are positive, Technically bullish to me...
If it breaks the trend, it will head to $3.2.
Do not take this as a piece of financial advice.
let's see what will happen next.
Cheers,
May the force be with you.
FTT/USDT FTX EXCHANGEMoney flows to America. Because ftx is the largest american stock exchange. FTT will price the token. BTC record price came in according to american time. Not according to Chinese time. This is how we can follow the direction of the flow of money. Follow the money and win.
It is not investment advice.
FTT Heading For Price Discovery 🔥Following on from Solana's breakout, FTT normally follows SOL and it currently appears to be in the latter stages of plotting a cup and handle formation, targets are $86, then a pull back into handle formation before lifting off towards $111 on handle breakout.
NFA & DYOR - Please like and follow if you found this idea helpful - Thanks! 🤑
