FTTUSD trade ideas
FTT Must Hold Above $22; or Be DestroyedFTT has traded within this Giant Falling Wedge Pattern and is at a Weekly Support Level like the SPX and Nasdaq as well as the Pattern Completion Zone of a Bullish Gartley so Long as it holds above support we should see a Decent Breakout Very soon from here Potentially to $60-$71.
FTTUSD ❕ broke up the downtrend lineFTT is above liquidity.
Price has entered the bullish RSI zone (4H TF)
The stock has broken up the 200MA (30m TF)
I expect that after a local correction and consolidation above the support level, FTT will continue its upward movement.
Swing Short Setup @ 33.30 USDFTT is the token of the US-based exchange FTX and it is currently correcting the huge run up of 2021. This corrections does not look finished.
It is currently in a corrective wave C up that could terninate in the area of 33.30 USD.
If it reaches this area look for signs of a reversal on the lower timeframe . This is very important because if it does not reverse there this count ist probably wrong and the coin would be in the middle of the powerful wave 3 up!
FTT/USDT - Potential Short ScenarioHello Traders!
FTT continues its downward movement.
Price is testing the support level of $24.50 and fixed below MA100 on a weekly timeframe.
Based on the current macroeconomic situation with inflation and the debt load in the crypto-industry, we can assume that the market will continue to plunge.
In that case, on the next wave of falling, there are prospects of medium-term purchases with a discount. It is possible to look for purchases near the support level of $10.75 in the price range of $10.75 - $14.45.
Targets of such purchases will be the levels of $24.50 and $36.00
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
FTTUSD : Bullish Crab DetectedHi, this is my first time where I am going to publish in public I hope you like it.
FTTUSD : 4H - 1H
I noticed a bullish Crab in 4H time frame so opened a long position with below mention SL, Entry and Take Profit(2)
I have marked Take profit levels based on Fib levels.
Trade Idea
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Entry : 23.64
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TP1: 25.149
TP2: 26:570
TP3: 27.602
TP2: 32.597
Stop Loss: 22.48 (If BTC does not go mad suddenly then take it as 4h close below 22.48 for confirmation)
Note: Once Take Profit 1 gets flip as support then I will move SL at entry
Long $FTT. Simple Risk/Reward Play. [#TheCryptocracy]FTT will definitely outperform BTC in the short term, and I think it will breakout against USD as well. I am using this as an opportunity to get some ez btc & usd via leveraged longs, and have set a tight stop below diagonal support. Looks prime to me overall, and it could be a potential bottom w/ a inverse head and shoulders, making this play a great entry for long term until proven otherwise. NOT FINANCIAL ADVICE. DYOR! GL :)
#TheCryptocracy
FTT FTX- Fundamental strong token that is backed by a working company.
-They don't compete for L1 place or usability, speed, etc. Just revenue.
=> On the chart you see the RSI Daily moving inside a channel, leading us we should buy when it hits the lower boundaries.
=> We can expect a bounce from 19.3$ till 21$+
=> If BTC bombs below 18k and goes to 16.5k or lower, ftx might drop on all the Red support levels I've drawn.
=> Last support is 11-10$.
=> That is the absolute accummulation zone but I doubt it goes there. Only btc, eth and ftt are down 70% from ath, the rest of the top 100 coins are -85 and more, make your choice.
Thanks, cheers )
FTX Token longFTX Token bounced off the ascending trendline. Asset broke trough the descending trendline. Bullish movement to resistance level at 29.18 is expected to happen.
FTTUSD ❕ boundariesFTT is moving in the downward channel near its upper boundary.
The price is near the upper boundary of the trading range.
There are two versions of the downward channel, but in both cases there is a margin for a downward move.
The volatility of the price movement has decreased in recent days.
The price movement is lagging behind and showing better than the market.
Trading volumes have increased during the price decline.
The main MAs on the 30m Timeframe are bearish.
I expect that the price may test the upper boundary of the channel, but after fixing under it will continue to fall.
Where to buy FTTUSD A very strong Trend line has developed along the White line at the bottom of the Fib channel
This Trend line will extend to where price is developing now, and once it is retested will act as a point of support
This is the best entry point, it will be around ~$22 per coin once the Trend line is hit
FTT, will step back again.The following content is machine translation:
In the 4-hour chart, it rebounded after the sharp drop on May 12, and almost all rebounded in the form of shocks. The high point of the rebound was gradually falling, forming a downward trend line, and the support of the callback formed an upward trend line. Yesterday, the big Yin line fell directly below the rise. Trend line, will form a downtrend. The macd indicator has also formed a dead fork, with room for decline. Therefore, the market will continue downward and may go to the 27.5 support level. If it falls below 27, it will drop to the low point of the long lower shadow.
in the beginning of the 2nd wavecrab harmonic pattern:
X=$135.5
A=$0.24
AB=0.38 XA
BC=0.38 AB
1.6 BC=$4.8
2 BC=$6.83
2.24 BC=$8.54
2.6 BC=$12.1
3.6 BC=$30.58
0.78 XA=$34.95
4.23 BC=$54.2
0.88 XA=$65.83
1.13 XA=$308
6.85 BC=$609
1.27 XA=$758
1.41 XA=$1816
1.6 XA=$6776
FTT coin the next BNB (binance coin) Ok, the movement of BITCOIN will be decisive due to the volatility of that crypto.
And you do you think?
The price is digested' up or down' everything with force?
LPI.sa
FTTUSDthis is a completed bullish cfork with .618 target hit
but kinda looks like it just wants to do it again?
lol wierd chart
the instant retrace is super bearish but it could be that btc moved down and ftt is still just a btc crypto derivative
amazing how big companies like ftt and bincnace and microstrategy get influenced by this crazy volatile global asset
the traditional finanical world being in semi meltdown is something of a factor tho i suppose
hope everyones holding up ok out there
FTT bull flag breakout and HL forming!FTT/USDT
FTT has broken out of a massive bull flag on the HTF, having started an uptrend putting in a new series of higher highs and higher lows and forming the next higher low as we have corrected into daily and weekly demand zones.
Price corrected into a supply to demand flip with a high volume bottom before reversing trend and flipping bullish. RSI on weekly looks reset above the MA with bullish divergence and starting to curve up and could be the start of a massive move in line with the HTF as structure and orderflow has flipped bullish on the weekly
BULLS + SAM = UPwill shove this ..
im so bullish it hurts
Sam will make everyone pay for talking sht
FTTUSDcrypto market wide nuke from last cycle would suggest this kind of price action
fundamentally this is crazy to think about given all the mass adoption and high profiles now involved in the space
but this is technically what happened to now crazily high valuation companies such as binance
think ftt would have to hold up better than this given the status and acclaim assosiated with succsessful sbf products and connections
just a scenario albeit id say ftt was more likely to hit 100$ than 4$ personally
myby an argument as to why the 3year cycles should be less of a thing this time around...
$FTT Monthly ChartBesides $LOOKS, the other alt coin I hold that provides me with real utility is $FTT. If the market is really going through a bullish divergence then this monthly chart is looking fire with a very well outlined higher low. $FTT the new $BNB in a new bull cycle?
FTT Bull flag breakoutFTT has broken out of a downward channel bull flag to the upside having retested the outer channel. MACD on weekly looks great having just created a bullish crossover and bullish divergences occurring on RSI and MACD as the histogram starts to print its first green bar since November.
Weekly market structure is still bullish having put in a new HH and now formed a HL where it has started to reverse here after correcting into a supply to demand flip zone on the weekly. Id expect the trend to continue to the upside from here based on HTF market structure.
