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FTT

FTT bullish breakout possibleAll indicators lining up bullish. Although in a long term descending channel, price broke over local resistance of $44 and now testing it. Above the 4H 200ema. RSI climbing and with space till oversold, obv climbing strongly with no bearish divergence. Above Ichimoku cloud and found support, but twist further left is menacing. A close below $44 and things will start to flip bearish. Price action has been climbing steadily in a tight channel compressively, this price pattern is weak because Market movers use compression to hunt stops on both side, so the rise is not real. Further price action is needed to decide the next move.
FTX:FTTUSD
by nagihatoum
2
FTTUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. We are in the daily time frame. The price broke the R2 line which was previously the support line and it seems that it is being supported at the S1 line. You can see the shadow created by yesterday’s candle which shows rejection by the line. If S1 is lost however, it can then go down to the S2 zone. If the price stabilizes above the S1 line, the next target would be the R1 line and if R1 is also broken, it can move up to the R2 line. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
by MarsSignals
FTTUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. We are in the daily time frame. We have the S1 line which has supported the price several times. Now the price has been rejected from the R1 line and is trading below it. We can buy it at the S1 line and when it breaks the R1 line, it can move up to the R2 zone. If it breaks the S1, then there would be more falling. You had better wait for the price to break the R1, make its pullback, and then enter the trade. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
Long
by MarsSignals
FTT profit 30% after 4h BULL signal - time to short? Please Like or Follow if you enjoyed this content. UPDATE: The price pumped 30% after Bull signal. Currently on the verge of breaking support at 43.50 USDT. If support doesn't hold, 42 USDT is next support. This analysis is made with my "Supertrend Ninja" indicator. When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. A red background indicates a possible bearish downtrend. Currently FTT is still in a downtrend. Supports and Resistances are highlighted as grey blocks. Profits can be taken at each grey block. Supports and resistances are automatically drawn using my indicator "Yo Show Me Some Support - and Resistances". Pun intended. Thank you for reading. Namasté 🙏 What Indicators Do I Use: In the chart I am using my "Supertrend Ninja - indicator", which is a trend-following indicator (Green and red vertical line with arrows). When the background of the candlestick closes green (vertical line) with an upwards pointing pink arrow. It indicates a possible bullish (up)trend. With each trade proper risk management is essential. Either by using my script "Trailing Stoploss Bottom Activation indicator", visible as grey dots below the candles. Which sends an alert, when current price goes below the previous candle low. Or using my "HA Trailing Stoploss Activation", the indicator below with green and red blocks. Or third option, exit when the Supertrend Ninja indicator displays a vertical red line with a downwards pointing black arrow. Remember, the first stop(loss) is always the cheapest stop. Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
Short
by Kch28