FTT where it sits today has no other Harmonic Fibonacci Level where it could possibly find support. If the 1.272 Breaks then it would have to go to $0 as there exist no fibs in between $4.725 and Negative Prices. I'll dedicate a fair amount to this position and see how it goes.
Hi
Le bad news arrived for FTT, looks like going to 9 Bucks around April to me rly. Then might bounce a little because April mostly is strong month for cryptos for sure #doggonacci
financialized markets all move together in times of liquidity panics. Thats why we must pay attention when we hear of certain market going wild in large percentage moves. FTT token may not matter to everyone, but it matters if it gives us an insight to market mechanics that affect everyone.
Crypto liquidity panics will harm investor trust and sentiment. Losses...
The chart is displayed on a weekly logarithmic scale.
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FTT fell below the H&S in May this year. With 31.266 and 84.746 as lows and highs, the price stepped back to 51.695 (0.618) and then fell below the neckline of 31.266. After that, FTT tested 22.000 many times without falling below.
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After the problem with CZ, the support at 22.000 was broken and the lowest...
absolute classic, weve seen this play out 1000x at this point. allof these companies pushing socialism are going broke... shocker to nobody lol. biggest donors of bidens campaign contributing to ruining the american economy. hope sbf kep a few of his btc off ftx so he can run away and hangout w his fraud buddy
Guy has no clue what hes doing, i wonder what hell say when FTT drops sub $5 maybe insolvent? Guess well see, shoutout to CZ for being a don. hope he sells for him at $22 and takes him for what hes worth. Long way down for one of the richest socialists in the world! ggs sam, catch ya at mcdonalds
We know that now everybody is looking at FTT for shorts, but this situation is misunderstanded. CZ is attacking FTX, because they are more powerful than ever.
When we look at the spread, it is obvious, that the money will flew out from BNB and will prefer FTT
Of course, that is not a financial advise.
FTT has traded within this Giant Falling Wedge Pattern and is at a Weekly Support Level like the SPX and Nasdaq as well as the Pattern Completion Zone of a Bullish Gartley so Long as it holds above support we should see a Decent Breakout Very soon from here Potentially to $60-$71.
FTT is above liquidity.
Price has entered the bullish RSI zone (4H TF)
The stock has broken up the 200MA (30m TF)
I expect that after a local correction and consolidation above the support level, FTT will continue its upward movement.
FTT is the token of the US-based exchange FTX and it is currently correcting the huge run up of 2021. This corrections does not look finished.
It is currently in a corrective wave C up that could terninate in the area of 33.30 USD.
If it reaches this area look for signs of a reversal on the lower timeframe . This is very important because if it does not...
Hello Traders!
FTT continues its downward movement.
Price is testing the support level of $24.50 and fixed below MA100 on a weekly timeframe.
Based on the current macroeconomic situation with inflation and the debt load in the crypto-industry, we can assume that the market will continue to plunge.
In that case, on the next wave of falling, there are...
Hi, this is my first time where I am going to publish in public I hope you like it.
FTTUSD : 4H - 1H
I noticed a bullish Crab in 4H time frame so opened a long position with below mention SL, Entry and Take Profit(2)
I have marked Take profit levels based on Fib levels.
Trade Idea
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Entry : 23.64
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TP1: 25.149
TP2:...
FTT will definitely outperform BTC in the short term, and I think it will breakout against USD as well. I am using this as an opportunity to get some ez btc & usd via leveraged longs, and have set a tight stop below diagonal support. Looks prime to me overall, and it could be a potential bottom w/ a inverse head and shoulders, making this play a great entry for...
- Fundamental strong token that is backed by a working company.
-They don't compete for L1 place or usability, speed, etc. Just revenue.
=> On the chart you see the RSI Daily moving inside a channel, leading us we should buy when it hits the lower boundaries.
=> We can expect a bounce from 19.3$ till 21$+
=> If BTC bombs below 18k and goes to 16.5k or lower,...
![FTTUSD: Long $FTT. Simple Risk/Reward Play. [#TheCryptocracy]](https://s3.tradingview.com/e/enCeFDai_mid.png "Long $FTT. Simple Risk/Reward Play. [#TheCryptocracy]")
