FTTUSDT.P trade ideas
FTT.Usdt (Y21.P7.E1).Bullish structureHi All,
Bullish structure and I do anticipate that we will have a volatile ranging recovery and the point is, there is a perspective and this is bullish.
We can also have a bearish perspective but I'm bullish on BTC along with its onchain data not showing anything bearish.
All the best,
S.SAri
FTTBUYS
EXIT POSITION IF PRICE GOES BACK TO 46.02
make sure you utilize good risk management.
--THE BLUE FLAG SHOULD BE YOUR TP ZONES AS USUAL.
🔺 Disclaimer! The content of this analysis is subject to change at any time without notice.
🔺 It is provided for the sole purpose of assisting traders to make independent investment decisions.
🔺 You must do your own research to create your own trading plan for the market.
FTTUSDT : expect GREAT gains ahead! There is a great chance for gains trading FTT right now! I strongly belive that this coin is on a verge of doing great things!
I will explain my reasoning in detail:
FTT is testing a major support confluence:
- A strong horizontal support
- High time frame diagonal trendline support
- 200 daily EMA as a support
- Important Fib level s a support
- Daily OBV is showing a strong bullish divergence
- Weekly OBV is showing a strong bullish divergence
- Weekly stochastic RSI is in the making of a bullish cross
- Broke 4h EMA50, and turned it to support
- Bullish 13-21-50 EMA cross on 4h
What we can see is a consolidation on a strong support confluence, backed up by High time frame momentum indicator signals. At the same time, we have lower time frame confirmations.
This chart is a giver!
There are always multiple scenarios to play, but rarely this much.
- If you are a risk-taker, a buy rightnow with a Stop-Loss (SL) beneath the horizontal support at 43$ is a maximum profit strategy. The price needs to break trough 20 and 50 EMA on daily, and later diagonal trendline resistance, and horizontal resistance on its way to ATH. Do not expect such a movement to be momentarily, as there are a lot of resistance to be broken. But, considering the Weekly stochastic RSI, and daily and Weekly OBV, I think that a BIG move is coming! Congrats on your courage, if you took this path! You are a true man of action!
- For a medium risk-takers wait for the price to conquer daily EMA 21 and 50, and 4h EMA 200. They are in a similar zone, confluent with the upper edge of the green rectangle, around 53$. Turning this resistance zone to the support will be a strong bullish sign. Going this route is probably the smartest. Riding on the most of the upwards wawe, but also waiting for a stronger bullsih confirmation.
- For you guys who don't like to risk much, I understand you. Trading is not gambling. You like your trades clean and risk-free. And that is a great principle to follow. Wait for the price to conquer the diagonal trendline, and even the horizontal resistance represented by the blue rectangle. Turning this area to support during a retest will be the most risk-averse strategy.
BONUS:
Short time frame low-risk strategy.
For you guys who are more into the immediate results, going to the 4h chart is the right way . If the price stays above EMA50 on 4h, wait for the confirmation: bullish cross on a stochastic RSI + bullish engulfing candle, or bullish pinbar candle. SL is below the daily EMA 200. TP is the blue rectangle resistance zone. R:R is 2:1.
Dear TA entusiasts, which path did you choose? Is there any way you would improve the setup?
I would really like to hear your thoughts and see your results.
Do comment below, and share if you liked what you read.
FTT/USDTThe live FTX Token price today is $51.13 USD with a 24-hour trading volume of $185,352,280 USD. We update our FTT to USD price in real-time. FTX Token is down 1.28% in the last 24 hours. The current CoinMarketCap ranking is #31, with a live market cap of $7,130,255,551 USD. It has a circulating supply of 139,460,202 FTT coins and a max. supply of 352,170,015 FTT coins.
FTTUSDT is testing the daily resistanceFTTUSDT is testing the daily resistance after the breakout from the descending channel.
IF the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
FTTUSDT AnalysisHello friends.
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Everything on the chart.
open pos: market and lower
target: 72-84-96
after first target reached move ur stop to breakeven
stop: ~48 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 4
risk is justified
Good luck everyone!
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Is FTT going to $90 ?If BTC stays calm...
If the blue channel breaks out up ($50), its going to $60.
If it comes to $60, that is mean the orange triangle will break out up, the price would be $90 around.
FTT SWEET LONG ANALYSISIFTT Demand zone was spotted at 48.44 zone we had an initial up move which gave a nice percentaege profit but liquidity was built along the way which market came back to take that liquidity and then we are expecting a bounce to 66.0 then a slight retracement then another up move to 71.70,another retracement then another upmove to 80
💡FTTUSDT ANALYSIS💡HELLO FRIENDS
Technically, when we look at the chart in 4 hours, the butterfly bull formation ( Bullish Butterfly ) has been formed.
It is very risky to enter the trade before the voluminous momentum comes. Risk money management is very important in such transactions.
There are technical levels on the chart.
TP1: 60.78
TP2: 70.09
Trade entry level:51.20 (at the closing of the 4-hour candle)
Stop loss: 43.18 (based on my own money management)
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📗📗EDUCATIONAL PURPOSES📗📗
Butterfly BOG Formation ( Bullish Butterfly )
D levels to the level of retraction, the leg should be 127,2's% of X or a rate of 161.8%.
• Point D must be below point X.
• Moving from point A to point D, a valid ABCD pattern should be observed.
• Triangles XAB and BCD must be proportional in time. Ideally, the time spent in the formation of these two triangles should be equal.
This is true if it is not BCD Renders the triangle in terms of time when xab UCG 61.8% with 161.8% can be between
FTTUSDT Technical Analysis💎 FTTUSDT after breaking out of the descending channel has been in a range between a major support and resistance. The After the breakout of the resistance I expect a bullish move
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🎳 Entry/Pullback now or from 51.61 - 50.07
☕️ TP1 54.95
🍺 TP2 58.61
🍻 TP3 62.75
🍾 TP4 67.03
🍷 TP5 71.03
🍸 TP6 75.00
🚫 SL 50.07 - 48.36
Good Luck 🎲
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FTT back to ATHFTT, native token of FTX exchange is trading in accumulation zone. The area close to $48 proved to be strong support in the past. RSI is picking up and is in positive territory, MACD is also getting momentum. I’m looking to take long position here; the first target being doted yellow line as a top of descending triangle. Second; a break out from triangle would take FTT to new all-time high + $84. For that, BTC has to stay positive.
FTTUSDT-LONGThere is a long position in FTTUSDT
Futures-Spot FTTUSDT FTX Token
🔵Long Now or set on Key Level 50.60
🟢Target 1 52.90
🟢Target 2 55.25
❌Stop loss 49.20
#K_Level
FTTUSDTVery low risk area with high goals - whale movements are positive and technical conditions are in good and low risk conditions.
FTT/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
FTT/USDT FALLING WEDGEi see Falling wedge on FTT/USDT and orange trend line on golen ratio.
WATCH OUT!
FTT/USDT - AnalysisBelow HMA 209
All volume are low
Direction Bear !!
We still bear !!
Trade safe but never use a stop loss !!
Bots will catch you !!
Use Alert to stop your trades.
FTT / USDTpositive point
1- support at daily RSI50 and weekly RSI50
2- nice volume in this area
SL = 54
TP = 100
don't forget SL .
don't worry, we will update our analysis if we reach SL.
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What Is FTX Token (FTT)?
FTT is the native cryptocurrency token of the crypto derivatives trading platform FTX that launched on May 8, 2019.
The team behind FTX comprises some of the largest crypto traders over the past few years who, having found issues with most mainstream crypto futures exchanges, decided to launch their own platform. FTX claims that it stands out due to such features as clawback prevention, a centralized collateral pool and universal stablecoin settlement.
In regards to clawback prevention, a significant amount of customer funds on other derivative exchanges have been claimed by socialized losses. FTX reduces this by using a three-tiered liquidation model.
On existing crypto futures exchanges, the collateral is fragmented across separate token wallets; this can be difficult for traders as it prevents positions from getting liquidated. On the other hand, FTX derivatives are stablecoin-settled and only require one universal margin wallet.
Another feature of the FTT are leveraged tokens, which allow traders to put leveraged positions without the need to trade on margin. If a trader wants to short Bitcoin with 3x leverage, they can simply buy a 3x short Bitcoin leveraged token on FTX. These tokens are ERC20-compatible and can be listed on any spot exchange. FTX currently offers XRP, BNB, TRX, BTC, ETH, EOS, USDT and LEO leveraged tokens.
#coinmarketcap.com
FTT to 66I think FTT is ready to retest the top of the triangle, at least at 66
if it were to break the target it would then be at least 120
if it does not break upwards it would become a problem, the triangle may not be confirmed
🔥 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 is ready for $100+We have seen exchange tokens already pumped. But FTX token pump is pending..
Spot buy
Ftt very looking very nice here
Entry 50-52 short entry
Average entry 45-48
Sl 40 daily closing
Targets 70-75 short term
Mid term 85-100-110
FTT/USDTDrop will turn bullish from 50-52K
*Please share your opinion on it, write in the comments. Dont forget some cheers bravo. "
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