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.
Looking towards another breakout for FTT next time we hit $42. Exchange coins looking better by the day. Astro analysis coming soon. xo
im expecting FTT to get rejected at the $44.169 and then go down to the $39 mark which would be an ideal entry point. Keep an eye on FTT its going to do very well in the next months
FTT - Following the BNB legacy Same shit different day folks. Do you really think FTT aint gonna pull a BNB?? Trust in Sam. Guide us to the promised land.
FTT the first child of FTX exchange has a bright furutre. It has bottomed here for this wave. Prob going to $100+ but first a touch under $50. Look at BNB and see how big exchange tokens can be. FTT has way more use than BNB and has regular burn