Price has continued to appreciate against 1D Mean, however the 4H mean has stayed within the channel and is showing good signs of maintaining momentum. Price is currently at a high value volume area and also the trendline.
Easy approach, a strong break and close below would not be ideal and suggest reversal. This would be possible due to BTC losing support above...
Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you.
Good luck
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...
What Is FTX Token (FTT)?
FTT is the native cryptocurrency token of the crypto derivatives trading platform FTX that launched on May 8, 2019.
The team behind FTX comprises some of the largest crypto traders over the past few years who, having found issues with most mainstream crypto futures exchanges, decided to launch their own platform. FTX claims that it stands...
FTT Continues to show strength with that 55 area holding as of now. 58 area should be broken ASAP for the near term strength to continue. Agg. entry anywhere above 56.50 area. Invalidation is below 55 & 1st targets at 70 & 86
Hey There,
As you can see clearly on the chart, you can set a long position. but as i said always you must have your strategy and risk management.
Be profitable!
BINANCE:FTTUSDT
FTT is testing horizontal resistance, the most likely scenario is that we will first set a HL before a break through.
For every new follower i will add a new idea :)
BINANCE
