-FTT Is up over 30% from its low in June -Price has respected an ascending channel for nearly 3 weeks -FTT must break & hold its mid term trend to be set free FTX token had an amazing run the last year as it rose over 2000% off its low. FTT fell victim to the trend of the market and has fallen over -50% off its ATH. FTX crypto exchange is becoming a widespread...
Currently looking for a close at the bottom of the range as an SFP. tight stop with the untested high as a TP
FTTUSDT(1H CHART) Technical Analysis Update Channel Breakout FTT/USDT currently trading at $32.3 Buy-level: Above $32 Stop loss: Below $29.5 Target 1: $34 Target 2: $37 Target 3: $39 Max Leverage: 2X ALWAYS KEEP STOP LOSS... Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
Also set some Buy orders near the Trendline Remember no more than 5% of the deposit in one trade SL: next sell signal
FTT is used to get trading fees discounts on FTX. FTT sees finally broke the downtrend structure and seems to be running towards the resistance. However, we don't have *strong* evidence that the bottom is in. Last FTT video:
Long spot #FTTUSD at current market price Not shown: Super algorithm is bullish. Great FA Great TA.
FTT is currently looking toppy here, even if it decide to rest highs. Daily and Weekly chart showing weakness and local top volumes seem pretty crazy as well. In the video I walk through some S/R levels and some scenarios.
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...
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...
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 made a nice retest and is going waaaaay higher based on ATR and fib levels
Also set some Buy orders near the Trendline Remember no more than 5% of the deposit in one trade SL: next sell signal
Also set some Buy orders near the Trendline Remember no more than 5% of the deposit in one trade SL: next sell signal
Here 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.