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FTX Token / TetherUS

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FTTUSDT trade ideas

FTTUSDT (ftx’s native token)ANALYSIS 📈📉💹Market Cap:$5,574,433,827 Volume24h: $107,005,774 -13.49% Circulating Supply: 139,132,501.02 FTT 40% ❗🚫 Max Supply :352,170,015 💰Holders Statistics: Top 10 Holders: 89.8% Top 20 Holders:95.38% Top 50 Holders:98.44% Top 100 Holders:99.16% ❗🚫 📈📉 technical : As you can see on the weekly timeframe for the pair of FTT / usdt , Since June 2019 it has listed in ftx exchange and it has had a continues increase in this assumed upward channel ,but I figured that out the correlation between btc and ftt price action has been so high til now, so its future movements high probably depend to btc scenarios and choices again. thus if it want get started a new bullish rally and maintain this channel we should see at least a weekly close on the red downward trend line or on resistance red zone for assurance , otherwise I think it will probably start the bearish scenario, by breaking down its upward channel ,and it'll decrease to the lower support area . 🛑current weeky resistance level: $51-57 ❇️current weeky support level: $30-34 -------------------------------------------------------------------------------------------------------------------- 👉This analysis is my personal opinion ,not a financial advice ,so do your own research. 💜 if you're a fan of my analyses PLZ follow me ,give a big thumbs 👍 and drop comment 🗯💭 🙏with Best Regards
Long
by PRO_SMART_Trader
💡Don't miss the great buy opportunity in FTTUSD @FTX_OfficialTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (38.68). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . FTTUSD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 68. Take Profits: TP1= @ 40 .73 TP2= @ 41.74 TP3= @ 42.99 TP4= @ 44.28 TP5= @ 46.85 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
7
💡Don't miss the great buy opportunity in FTTUSD @FTX_OfficialTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (38.68). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . FTTUSD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 68. Take Profits: TP1= @ 40.73 TP2= @ 41.74 TP3= @ 42.99 TP4= @ 44.28 TP5= @ 46.85 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
4
FTT/FTX PERSONAL ANALYSIS IN THE LONG TERMChart shows common supports and resistances based on the Fibonacci and price action. The FTX/FTT coin evaluation is bullish. The long strategy revolves around respecting retracement levels and buying on previously "tested" supports which have huge buyer interest. As you can see the strong support above the red zone is mainly sought as a buying opportunity by speculators/investors. Furthermore, the price action is quite identical to BTC which means it is overall bullish in the longest term. You may long on designated buy orders, but do not buy obviously on resistances despite being bullish in the long term since you might not be maximizing your profit efficiency.
Long
by Wamses