FTT Token hit a major daily support. We can see good liquidity here, and if this support hold i expect a good bounce. My target is a retest of previous wedge
I see a good opportunity for FTT Token. A 17% move can be expected on spot entries if we can break short term trendline. On higher timeframe support is holding well
TSX:FTT ftx price action has formed an ascending Triangle
Current Price: $4.39
#Ftt needs to break horizontal resistance around 4.9 for higher prices: 5.57, 6.45, 7.2
Else If TSX:FTT continues to reject horizontal resistance then expect retest of previous supports: 3.56, 2.87
After the recent pump, it is being corrected in the resistance range of $5, which has now formed a contraction pattern, which according to the momentum and upward guard, if it exits from the top and pullback to the trend, it can reach the range of $9 in the first step, and if Break to the $20 range and continue its growth.
FTT token continues to rally amid news of the FTX 2.0 reopening soon.
As the events at crypto exchange Binance unfold, FTX’s native FTT token has witnessed a mega price rally gaining over 55% over the last 48 hours. At press, the FTT token is trading 30% up at a price of $4.63.
FTT Token Whale Accumulation
FTX’s native token FTT has registered a staggering 337%...
Entering a long position.
Repurchase of the instrument from $ 1.3 and below.
After consolidation at the level of $ 1.3, the instrument can give an excellent profit.
The crypto industry has recently recorded a price jump following the FOMC meeting, but the market recently experienced a correction of over 3%, resulting in it leveling out gains of major cryptocurrencies. FTX token has recorded a significant loss in value as its price has lost over 10% in the past week.
The five-week-long trial has ended as Sam Bankman-Fried...
FTTUSD turned vastly overbought on the 1D timeframe (RSI = 84.499, MACD = 0.086, ADX = 31.969) as on today's incredibly strong candle, it hit the bottom of the R1 Zone. This is the best sell entry on an 11 month basis. We are targeting the HL trendline, not lower than the S1 level (TP = 1.15000).
## If you like our free content follow our profile to get more...
FTT has $300M cap altcoin can easily grow by a 5-10x pump to $1-3B cap on exchange restart.
The bankrupt crypto exchange plans to repay its creditors in fiat. Let me remind you that they recovered $7 billion worth of assets to it's customers. It seems to me that this is the preparation for the restart (FTX 2.0).
Low of the channel is a good place to add ...
Thank you for reading our update. Please keep in mind that this is not trading advice.
FTT is considered one of the riskier cryptocurrencies. After its recent drop, it has remained relatively stable for a while. The latest data suggests that FTT could potentially rise back to the $2 level.
Should we view this technical analysis alert as a chance for the coin to...
FTTUSD, the FTX Token, held the 1D MA200 and since yesterday it is rebounding with aggression on a 1D timeframe that turned bullish again (RSI = 61.498, MACD = 0.102, ADX = 42.568). As the LMACD is about to form a Bullish Cross, this leg is the second wave of the rally to the R1 we spoke of last month. We are therefore adding an extra long, targeting the...
FTT / BUSD
The coin made a new low last few days and recently reclaimed the its key support
(Stoploss / liquidity taken )Many coins make such move at the bottom before major rise
The price must hold above blue support in weekly basis otherwise it will drop again
Note 1: trading this coin is considered a very high risk so if you want to trade it use small...
The FTX Token touched yesterday the 1D MA200 for the first time since April 2022 turning the 1D technicals largely bullish (RSI = 67.207, MACD = 0.051, ADX = 48.882). This is a major buy trigger, which with the Support of the 1D MA50 can target the top of the 7 month Rectangle pattern (TP = 2.70000).
## If you like our free content follow our profile to get more...
The FTX Token (FTTUSD) has been trading within a Rectangle pattern since the December 30 Low, which was a market bottom that gave way to a +240% rise. This turns the token into a buy opportunity technically, especially since the 1D RSI broke above the ranged Accumulation Zone that has been trading in since May 12, while the price was still falling under Lower...
KUCOIN:FTTUSDT
With the investigations done in terms of time analysis, we determined two dates for the rise (green color) and two dates for the price drop (red color) in the chart.
We expect the price to start increasing when it reaches our target date.
Part of the chart is repeated from the past
