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FTT

LONG FTTPERP FROM 47 TO 50 TARGET 110FTTUSD has both fundemantals and technicals on his side. Technically 47 when it will hit and bounce at 47 usd ftt will be having it's double bottom on the the overall pullback from 83. technically a bounce from 47 usd area can lead us to the target area 120 to 130 USD. but hey it's crypto, then fundamentals say this: sam bankman is now free to pump ftx coin. Why? because he bought back binance dominance in ftx; if binance went from 9 usd to 500 usd with all the fuds against CZ I only wonder where Sam bankman will take his coin. In my opinion it can go far way beyond 1k by next year. Noticed how FTT pumped since they bought back binance shares in FTX? So what's the plan? I personnaly bought a lot of ftt on and i'm also trading a small part on margin. My Margin long will be 5X around 47 only if price bounces when it hits that area. If price goes UP from here ? no worry i'll buy at market at 52 and wait. the only problem will be fees. Bearish scenario? Only if price BREAKS below 47 and goes to 1.618 area which is 41, and from 41 if we don't get the strongest rally in crypto's history then ftt is worthless. what's the strategy from now? Wait today and tomorrow either 3 scenario happen 1. Hit 47 and bounce we buy after bounce around 48. don't buy before you see any reaction it would be gambling. 2. Price rallies from here this area at the moment of publishing is the 78% fibs from 47 usd to 60, then same strategy just fomo in or wait for a small pullback at 5min if you're too cautious 3. it breaks 47 USD and no reaction please wait 41USD and watch the reaction, something surprising might happen. When take profit in case of pump? December baby, let it roll up down until december and just take profit at the end of the first week of december , we might miss out but better miss a few than see your profits melt. Good luck to everyone
FTX:FTTPERPLong
by Rey2010
FTTUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. We are in a daily time frame. As you see, the price is moving upwards, after the fall, by hitting the support line, and if it breaks the resistance line and stabilizes above that, it can reach our target. But in case of dropping below the support line, we consider a fall. Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position. Wish you luck
by MarsSignals
FTT at a critical level! Watch for a breakout!Here's a quick look at FTT 2 hr chart. As we can see, the price has been going sideways and has printed a symmetrical triangle. There's also a possible head & shoulder pattern which is bearish. Definitely one to keep an eye on. The best entry would be, when the price breaks above the symmetrical triangle with good amount of volume. If we break below the symmetrical triangle, then im looking for 60$ FTT. ------------------------------------------- The idea is: Buy the breakout from the symmetrical triangle and take profits at the levels shown in the chart. Targets: - Profits can be taken in the resistance zone . 1. 74$ 2. 84$ 3. 99$ ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
5
FTTBTC - a pullback in an uptrendSimple setups which are almost *obvious* are often the best ones. One of the simplest and yet most powerful setups is entering on a pullback in a trending market. Here we see an example of a pullback forming in an uptrend for the coin FTT (on the BTC pair). A) THE ANALYSIS FTT is the exchange token for the FTX exchange. Here is what I see on the H4 timeframe for FTTBTC 1) A clear trend - - The trend is up (a simple glance at the chart is enough to see this) 2) A pullback after an impulse - - Price action on the pullback is clearly weak, as compared to strength on the impulse (in other words - bulls are strong and bears are weak) - "Weaker" PA is seen in smaller candles on the pullback, and a gentler angle than the bullish move that preceded it 3) Clear support - - There is a clear support zone at 0.00135 to 145, that has caused a bullish reaction before. There is another support area below it - 0.0012 to 125 - Also, as a nice confluence, the upper zone lines up with the 20-Day EMA ( which acts as dynamic support in trending markets ) 4) Price action on approach - - We can see wicks appearing on the downside as price approaches the support area - a good sign B) THE SETUP PARAMETERS Putting all of this together, we have a nice trade setup, which essentially can be summed up as "buying a pullback into support in an uptrending market" 1) Entry There are two ways to enter that I use (depends on personal preference) 1 - I would enter directly one price is in the support zone ( potentially better entries, but may get stopped out if price goes lower before reversing ). I would add to the position if price falls to the lower support. 2 - I could also enter after a bullish candlestick , ideally with good volume, at a support. This could be a lower wick pinbar or an engulfing bar at support. 2) Profit taking 1- Minimum (conservative) target would be the prior swing highs (0.00177 or so). 2- But judging by the strength of the trend, this could go much higher. Could take part profits at highs and then hold remaining with a trailing stop below the 20-day EMA. 3) Stop Loss 1 - Aggressive stop would be below the support box 2 - "Safe" stop would be below the key support at 0.0012 Fundamentals - Solana Tailwinds If you've followed the crypto market in the last few months, you may have seen the incredible growth of Solana FTT is a coin which belongs in the same ecosystem, and may be supported by the Solana tailwinds.
FLong
by thesimpltrader
1