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💡Don't miss the great buy opportunity in FTTUSD@FTX_Official 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 support. Take Profits: TP1= @ 63.000 TP2= @ 65.730 TP3= @ 68.000 TP4= @ 71.220 TP5= @ 74.000 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
4
💡Don't miss the great buy opportunity in FTTUSD@FTX_Official 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 support. Take Profits: TP1= @ 63.000 TP2= @ 65.730 TP3= @ 68.000 TP4= @ 71.220 TP5= @ 74.000 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
17
FTTUSDT 4H - WatchlistHey there, Because the price has reached the bottom of the channel, I expect to see a good growth. According to the intersection of line DE and the top of the channel, this growth will continue up to the price of 68.5 tether. Notice it's just a prediction and It's up to you to have a good risk management as well as good strategy! If you agree with me on this please don't forget like, and if not please comment below why. I will also try to share my best ideas with you. have a good trade,
Long
by benik719
FTX/USDT - Let's update the ATH? Hello future billionaires. On review - FTX/USDT The chart shows exactly what I would like to see now for this coin. Namely, updating ATN This is not financial advice, not a recommendation, I only write my actions and do not force anyone to do so. Now I buy by the market and place a grid of buy orders up to the level of $ 45 Join our free, open community - share your thoughts, schedules, and knowledge with everyone. There are no VIP channels, no premium groups, no annoying ads. Free society and free crypto trading. LINK IN BIO Gl to All
Long
by CryptoJaegerB
Binance Coin (BNB) : Still no signs of slowing down Binance Coin (BNB) was mentioned in our earlier post linked below and so far has increased around 200% in value. It is now showing signs of increasing further with a Bull Pennant Pattern which I will explain below, alongside some of the information from our last post that explains what BNB is and why this token is important in the Cryptocurrency space. If we hold above monthly support and break weekly resistance area then BNB is setting itself up for a potential massive increase. -------------------------------------------------------------------------- What is Binance? Binance is the worlds largest cryptocurrency exchange. Binance was founded by Changpeng Zhao, a developer who had previously created high frequency trading software. 1. What is Binance Coin (BNB)? Binance Coin is the crypto-coin issued by Binance exchange, and trades with the BNB symbol. Binance coin runs on the Ethereum blockchain with ERC 20 standard, and has a strict limit of maximum 200 million BNB tokens. 2. How Is Binance Coin’s Supply Controlled? Binance held an ICO for BNB (basically the same as a IPO ), originally selling 100,000,000 coins to those that wanted to participate. The founding team was allocated 80,000,000 coins and the other 20,000,000 went to initial investors. 3. How Is Binance Coin Distributed? Each quarter the Binance exchange uses 20% of its profits to buy back BNB. Think of this like a share buy back that a traditional company would engage in. Binance will then destroy these coins (this is called a coin burn), in turn reducing the supply until 100,000,000 BNB remains outstanding. All in all, half of the originally issued coins will be destroyed. 4. Why is this positive for BNB ? The rules of Supply & Demand tell us that when the demand of an asset outweighs the currently supply, we often see a increase in prices. In BNB's case, first of all the tokens supply will be lowered over time with the BNB Coin burn described above: almost by half. Cryptocurrencies and Crypto Trading continues to increase in popularity and with Binance positioning itself as the #1 Crypto Exchange Worldwide one can only expect the demand to use BNB Token will increase, because BNB is used to power the Exchange Ecosystem, with features such as fees discount & digitized loaning & staking the growing user base will want to use more & more BNB token to lock in their fee discounts and receive potential rewards. Today more staking was announced which seems the perfect timing for more growth: www.facebook.com -------------------------------------------------------------------------- Bull Pennants are a little different to Bull Flags but are almost identical in appearance and are traded basically the same. The most important factor in identifying any flag or pennant pattern is the clear "staff" or "flagpole"; there should be a straight run upwards leading up to the pattern or it is not a valid pattern. After the straight run upward price starts to Zig Zag between two converging trendlines forming a tight wedge (it can be slanted, or even symmetrical) until the price "breaks out" above the upper trendline signifying a possible continuation in trend upwards. Bull Flags and Bull Pennants have the highest success rate out of any pattern and work extremely well when paired with long term support & resistance areas. Enter at the invalidation point of the pattern (A), second entry on the bullish retest (B). Pennants that are “tighter” have higher success rates, look for patterns forming on top of long term resistances (not below) to increase probability of success also. Pattern height is measured and added to swing low before breakout for possible target. Sometimes large size traders can generate liquidity by faking out under the pattern support as we can see on this current example with ADA. The liqudity generated by triggering stop losses underneath the pattern can fill large position sizes for whales and is a good indicator for a long once the price confirms support back inside the pennant . Some key points: • PRICE MUST MOVE STRAIGHT UP BEFOREHAND • MIN 2 Touches each side on almost symmetrical looking wedge • HIGH SUCCESS RATE • BEST ENTRY IS often when price fakes out under support (Marked at A) • Pattern height is measured and added to swing low before breakout for possible target
Long
by Worth_The_Ri5k
11
FTT.USDT (Y21.P2.E1). More to comeHi Traders, These Alts are giving nice formations and many are descending wedges. This chart has hit its 1st target and confirms that the wedge is in play. I bought out the previous level which was a breakout trade and now looking to reenter after confirming its formation. Its no brainer, its a clear chart with a channel and within that, a wedge. The bullish part is that its holding above the channel, hardly any slippage. How to trade this? Buy now. Note: the chart below is an updated version of the targets. I given the targets based on a few measurements on wedge formation and fib extension. Dont forget the 0.618 fib level which has confluence with the channel pivot point. All the best, S.SAri
FTX:FTTPERPLong
by ssari
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. 🙏
by luizhcruz
🆓FTX Token/USDT Analysis (23/2) #FTT $FTTThe strong buying force continues to pour into FTT in this February, showing the possibility of FTT's price increase, but because the market health is quite weak, FTT is currently still dominated by selling, but not because of the strong selling force, but because the buying force is temporarily paused. As long as FTT surpasses $32 zone, strong buying force will push in to help FTT rise to $46 and even $64 zones. 📅NEWS No News 📈BUY -Buy: 26.5-28.5$. SL if B -Buy: 31.5-33.5$ if A. SL if B 📉SELL -Sell: 45-47$. SL if A -Sell: 64-66$. SL if A ♻️BACK-UP -Sell: 26.5-28.5$ if B. SL if A -Buy: 20-22$.SL if B ❓Details Condition A : "If 8H candle closes ABOVE this zone" Condition B : "If 8H candle closes BELOW this zone"
Long
by CryptoStation
💡 Don't miss the great buy opportunity in FTX Token/USDTTrading suggestion: . There is a possibility of temporary retracement to suggested support line (10.5). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . FTX Token/USDT FTTUSDT is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 70. Take Profits: TP1= @ 12.95 TP2= @ 14.15 TP3= @ 15.75 TP4= @ 17.75 TP5= @ 20.00 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
8
💡 Don't miss the great buy opportunity in FTX Token/USDTTrading suggestion: . There is a possibility of temporary retracement to suggested support line (10.5). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . FTX Token/USDT FTTUSDT is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 70. Take Profits: TP1= @ 12.95 TP2= @ 14.15 TP3= @ 15.75 TP4= @ 17.75 TP5= @ 20.00 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
4
Ranging FTT Offers Multiple Opportunities for ProfitThe FTX platform is a major futures platform in the Crypto market, and FTT is the platform's token. The exchange offers many possibilities for futures crypto trading and has created numerous triple leveraged tokens. The company even created futures for the US elections and spot tokens such as TRUMPWINS and TRUMPLOSES. FTT Fundamentals The FTT token has some major fundamental advantages. The FTT platform rewards its clients for holding FTT tokens by giving discounts on trading fees and even making large holders of FTT VIP users (which provide lower fees, account manager, flexible API limits, provide input to FTX products, among other perks). These rewards increase demand over time as the platform gains popularity. Additionally, the company also reduces the supply of FTT tokens by repurchasing and burning the tokens. FTX burns an amount equal to 33% of the fees generated on FTX markets, 10% of net additions from the insurance fund, and 5% of the fees earned from other uses of the FTX platform. When demand increases and supply decreases, the token is bound to gain value. This propelled FTT to grow a whopping 240% since its inception. FTT on the Chart The FTT token usually grows in short bursts followed by prolonged periods of ranging. Although you could profit by just holding the token for a long time, the ranging periods also offer many opportunities for quick profits. The spread between the higher end of the support level and the lower end of the resistance level is 6.5%. Therefore, even if you take a position just above the support and sell just below resistance, you will still profit 6%. If you take more risk and enter the trade at the lower level of support and exit at a higher level of resistance, the profit margin rises to around 12%-15%. The great aspect of this token is that it is usually quick to establish ranging levels after a strong push. This aspect makes it easier to identify a suitable entry and exit.
FTX:FTTUSDLong
by cryptohopper