REASONS TO ENTER :-
1. Support Zone
2. 0.6 Fib Level
3. Double Bottom Pattern
Wait for Break Out of trendline before entering long
Target are previous resistance levels
Note:- Bitcoin should remain stable for the setup to playout successfully
PRICE ACTION TRADING
Disclaimer: All Videos/Information on this channel are for Education purpose only .They are not buy/Sell Recommendations . Please consult your financial Advisor before taking any trade or investment decisions.
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...
-FTT has risen over 20% the last week
-Price has formed an ascending channel over the last week
-FTT is being held up by the 50MA
FTX Token (FTT) is the backbone of the FTX ecosystem. FTX exchange has been rapidly growing over the last year along with its native token, FTT. FTT has experienced an immense amount of gains throughout the year as prices continue to...
At present, according to the areas of support and resistance, as well as previous behavioral patterns, there is a possibility of moving up and reaching the next resistance range.
Future movements of this currency are predicted only as a moving probability.
However, in the event of a return and a drop in the price of the support areas, it is also clear that the...
We know FTT is a wonderful token, many proofs and a lot of funds are behind it, BUT;
It is in overextended area and Due to FTT historical movements(as you see in the previous one) we had an extreme 60%ish correction from May 12th till June 26th!
So, I do not expect such an aggressive correction, however, my best entry point is around 50 and 60% of fib...
In FTTUSDT 1h
There is a potential cup and handle pattern .
The downtrend be broken out and close with short upper shadow .
Let's setup the plan
TP1: Fib 1 (83.86)
If it break out Fib 1 (83.86) and the close with short shadow too.
TP2: Fib 1.272 (94..40)
TP3: Fib 1.382 (98.66)
TP4: Fib 2 (122.611)
SL : 69.82
Salve , long time no see
today I'm gonna talk about FTT token. FTT is FTX's exchange token
Holders get a fraction of exchange fees, a fraction of the liquidation insurance fund, and can use the token as collateral and to get tighter OTC spreads on FTX.
If you missed BNB at 60 you better don't miss FTT and you better HODL it too.
Targets 65 - 70 - 75 - 80 - 90 -...
$FTT may need to come down to $50 to grab some liquidity since 3 drive wedge is completed. Once we clear small range just above midrange we may test prior ATH and then very fast to OB. Those trending gap candles in context must be filled before continuation.
FREE ANALYSIS UPDATE
Congrats to all of you for catching this beast at the bottom with us! It is up 56% since August 31
FTT draining other alts as we continue pushing new highs, price discovery started