💡Don't miss the great buy opportunity in FTTUSD@FTX_Official
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (59.116).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. FTTUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
Take Profits:
TP1= @ 63.000
TP2= @ 65.730
TP3= @ 68.000
TP4= @ 71.220
TP5= @ 74.000
SL= Break below S2
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FTTUSD
FTT going to make New ATH soon! Things to Note:
1. Bullish Market Structure
2. Expansion in Volume
3. Pierced above ATH
4. Change of polarity of ATH level
P.S: This is NOT investment advice. This chart is meant for learning purposes only and is a part of my personal journal. Invest your capital at your own risk
FTT (FTTUSD) – Trading channel establishedHere is a channel I have been trading for the past fortnight and has so far been very profitable.
The green area is strong support.
This looks like it has more upside potential and as long as it continues moving within the range it will provide more opportunities for easy profit.
🆓FTX Token/USDT Analysis (23/2) #FTT $FTTThe strong buying force continues to pour into FTT in this February, showing the possibility of FTT's price increase, but because the market health is quite weak, FTT is currently still dominated by selling, but not because of the strong selling force, but because the buying force is temporarily paused.
As long as FTT surpasses $32 zone, strong buying force will push in to help FTT rise to $46 and even $64 zones.
📅NEWS
No News
📈BUY
-Buy: 26.5-28.5$. SL if B
-Buy: 31.5-33.5$ if A. SL if B
📉SELL
-Sell: 45-47$. SL if A
-Sell: 64-66$. SL if A
♻️BACK-UP
-Sell: 26.5-28.5$ if B. SL if A
-Buy: 20-22$.SL if B
❓Details
Condition A : "If 8H candle closes ABOVE this zone"
Condition B : "If 8H candle closes BELOW this zone"
FTT - FTX Exchange coin Feb/Mar 2021Entered a while ago and put it forward to you that FTT is one to hold (just as long as you have been holding Binance BNB).
With circulating supply of 94,346,958 FTT and a total supply of 345,219,294 FTT (5 million have been burnt to date).
"In addition, we will be repurchasing and burning tokens equal to:
a) 33% of all fees generated on FTX markets
b) 10% of net additions to the insurance fund ('Socialized Gains')
c) 5% of fees earned from other uses of the FTX platform
FTX will buy and burn every Monday starting on July 29th, 2019. The purchasing will happen on the FTX FTT/USD market at a pre-announced time of day; all tokens purchased will be burnt."
BNB went from $4 to $20 to $40 and then shot up to $100 and is resting at $140.
FTT can do it too.
Long HOLD
Leave a comment.
FTT/BTC (Next Key Support @ 2588 Sat)FTT/BTC
-FTX Token broke the local support at around 3000 area
-The price has fallen and down by almost -5%
-There is no clear support at the current market price
-The only area we need to be watching is around 2588 range
-This is a confluence of the previous support zone
-If the price will reach this level, chances of recovery are high
-Enable your alerts and add this to your watchlist






















