FTT for the future is good? IMO yeahI just checked few days ago about the announcement of FTX Chain. This is so impressive and looks like I have a chances to profit in the future, so thats why I just bought some FTT recently. Not only in fundamental, but if I see the daily charts, FTT still on bullish and looks like will reach new ATH. This is the reason I have bought some FTT recently even the price currently on daily resistent, cause I dont want to be late and yeah personally I'm ready to averaging untill support daily, 35$.
#DWYOR
This analysis made by newbie who want documentation his analysis, please note it.
FTX
The new GODMODE Fractal is in play.. Tesla bottom signal!Hello crypto traders!
Let me give you some hope here for a green april with this potential fractal I have spotted on Bitcoin ... but first, what is a fractal?
From the TradingView page on Fractals itself:
" Fractals are not only abundant in nature, they are also the building blocks of trends. They are simple yet important, repetitive formations, self-similar across different time frames and used by traders to identify or conform a trend (markets trend about 30% of the time) in order to trade it profitably. When broken apart, they exhibit the same characteristics as greater patterns or price movements. Fractals lag the market, because it takes time for them to form. "
So a fractal is a repetitive formation that can be identical or have almost identical characteristics, playing out repeatedly over time.
_________________________________________________________________________________________________________________
In this current fractal on Bitcoin i can spot some key similarities in the Price Action now and January earlier this year:
( Price Action is the term used to describe the way the Candlesticks react to certain areas marked on the chart )
Timeline of events:
-Price formed a Symmetrical Triangle Pattern
-Price formed a small Head & Shoulders Pattern inside triangle
-Pattern broke downwards also losing horizontal SUPPORT area (Marked with red arrow)
-Downwards movement was quickly brought up with signs of institutional buying & interest
-Price then reclaimed support area and broke outside the Symmetrical Triangle (has not happened yet on the new formation) (Marked with green arrow)
----------------------------------------------------------------------------------------------------------------------------------------------------------------
The main characteristic is a Symmetrical Triangle Pattern , in this pattern the price swings with 5 almost perfect touches between a Symmetrical Triangle before "breaking out" either upwards or downwards out of the pattern. The breakout can "fail" and reverse in the other direction which is what the below Fractal is showing us can potentially happen again now.
The Symmetrical Triangle forms the beginning of this repeated "Price Action" we are looking for presently.
----------------------------------------------------------------------------------------------------------------------------------------------------------------
There is also a Head & Shoulders Pattern , in this pattern price forms 3 distinct peaks usually after a strong uptrend, the left and right peak should have a similar height (shoulders), the middle peak (head) has to be the highest or this can not be a HS pattern . They should seem triangular in appearance but as long as it fits the main characteristics can still be a valid pattern.
The Head & Shoulders leads to the downward breakout outside of the Symmetrical Triangle.
----------------------------------------------------------------------------------------------------------------------------------------------------------------
So you can see on the bottom left of the chart we eventually "reclaimed" the Support & Symmetrical Triangle before having a massive up move, right now it looks like we are setting up to do something similar here, but first we need to get back above the "Support" & Symmetrical Triangle areas.
----------------------------------------------------------------------------------------------------------------------------------------------------------------
Back around $35,000 we had the rumor followed by filing that Tesla brought Bitcoin:
www.cnbc.com
Now at the bottom of this current formation we have the news of Tesla accepting Bitcoin as payment:
www.cnbc.com
Do you really think one of the worlds Smartest & Richest men would want to accept an asset as payment if he believes it will depreciate in value?
-Trader Worth_The_Risk
_________________________________________________________________________________________________________________
FTTUSDT will be able to correct up to 0.382 of this movement!?Technical analysis regarding the price of FTX TOKEN in relation of dollar Tether for the next scenarios, based on daily movement.
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
Crypto Market BreadthThe idea behind this chart is to give a snapshot of the market breadth for the entire crypto market at a glance. It uses the perpetual index futures on the FTX exchange to compare Bitcoin to Ethereum, the ALT index, the Midcap index,and the SHIT index.
This particular chart is using a Weekly interval and uses the March 2020 lows as it's anchor point (adjust scale if necessary). It's clear to see that while Bitcoin has been grabbing most of the headlines, the SHITCOIN index is in the driver's seat (help.ftx.com).
BaoToken (BAO) • Beaten up FTX coin with potential upside Bao is another low cap coin available on FTX with currently no buzz (often come AFTER it pumps). The technicals are starting to look good. Great chance we start seeing soon the breakout of the downtrend assuming that Bitcoin will return to growth. Check video for my thoughts on it.
High percentage play for $EXCHPERP on FTX.EXCHPERP is setting up a strong pattern for a potential breakout over the next week or so. We know SHITPERP has already had a massive run so I'm expecting money to flow into other safer opportunities. This setup has decreasing volume so it is prime for breaking to the upside. Riskier traders enter at the apex of the wedges whereas safer traders might be better suited to wait for a break to the upside, retest, and confirmation moving upwards.
EXCHPERP basket includes BNB, HT, OKB, LEO, and FTT.
High percentage play for $MIDPERP on FTX.MIDPERP is setting up a strong pattern for a potential breakout over the next week or so. We know SHITPERP has already had a massive run so I'm expecting money to flow into other safer opportunities. This setup has decreasing volume so it is prime for breaking to the upside. Riskier traders enter at the apex of the wedges whereas safer traders might be better suited to wait for a break to the upside, retest, and confirmation moving upwards.
High percentage play for $HOLYPERP on FTX.HOLYPERP is setting up a strong pattern for a potential breakout over the next week or so. We know SHITPERP has already had a massive run so I'm expecting money to flow into other safer opportunities. This setup has decreasing volume so it is prime for breaking to the upside. Riskier traders enter at the apex of the wedges whereas safer traders might be better suited to wait for a break to the upside, retest, and confirmation moving upwards.
HOLYPERP is made up of SRM, SOL, and FTT.
High percentage play for $DEFIPERP on FTX.DEFIPERP is setting up a strong pattern for a potential breakout over the next week or so. We know SHITPERP has already had a massive run so I'm expecting money to flow into other safer opportunities. This setup has decreasing volume so it is prime for breaking to the upside. Riskier traders enter at the apex of the wedges whereas safer traders might be better suited to wait for a break to the upside, retest, and confirmation moving upwards.
#SUSHI: Trending up...I think $SUSHIBTC and $SUSHIUSD or $SUSHIPERP are trending nicely here and stand to benefit from the recent ATH break in $BTCUSD. Price discovery at play, there is a nice trend in the 3-Day timeframe here, so we can expect significant upside by April 9th or sooner as per the chart here. I'm long from a tad lower, but figured I should publish this idea here so others can benefit by joining on dips. Ideally price shouldn't retrace beyond recent lows, if this signal is valid, it should stay mostly near the highs and advance from here in the coming days.
Best of luck,
Ivan Labrie.
SUSHI LEADS THE WAY ?Hey everyone!
Hope y’all enjoy the weekend so far and get some healthy $SUSHI. Today you can see sushi on the daily bar chart. I have used the fib-extension tool which indicates potential future price levels, including fib-retracement levels too. As you can see right in front of the chart, we bounced nearly perfectly on every fib level before going to a new ATH. I am calling this a smooth trending. We are, however, in price discovery mode since $12. $SUSHI did break out from his bullish zig-zag consolidation and smashed right through the 1.618 fib extension level.
Sushi got listed on Coinbase a few days ago. All listings did many x’s from then on, since it is one of the largest exchanges when it comes to cryptocurrencies in case for normal people.
A retest to the old ATH at around $20 could be possible with the upcoming monday dumping happening, but it is not guaranteed. This, of course, should not be considered as financial advice.
Have a nice day.
Cheers lads and ladies!
Raydium: An Undervalued SBF Coin with High Growth Potential In this post, I'll be going over one of the more undervalued coins, Raydium.
Disclaimer: This is not investment advice. This is for educational and entertainment purposes only. I am not responsible for the profits or loss generated from your investments. Trade and invest at your own risk.
Analysis
- Applying technical analysis in this chart is rather difficult as there isn't enough price action.
- However, the setup looks almost identical to other coins like sushi and uniswap that have grown over 10x since their initial breakout
- This coin is also one of SBF's coins. Other SBF coins include Solana (SOL), Sushi Swap (SUSHI), Ren (REN), and Serun (SRM).
- Besides Serum, all other coins' market caps are in the billions range.
- Raydium's market cap is at a mere $107m.
- We have broken out of the descending trend line resistance, and with the entire market being extremely bullish, a move towards the 1.618 fib resistance at $20 seems reasonable.
Uniswap Protocol offer %50 profit in March-2 months long uptrend holding price very well
-2 weeks desceng trend broken, then got confirm
-well working fibonacci levels indicationg 1,681 to $44 in 1 month
Please read this first !
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Regards
Bitcoin futures premium 6% profitThis is a followup to my video about the Bitcoin Cash and Carry arbitrage trade. When I made the video the premium on December futures was over 21%. It took a dive on the last down move of Bitcoin and has now settled around 15%. If people were paying attention they could have locked in the value of FTX:BTCUSD at $57,000 PLUS captured that additional 6% difference!






















