Sharp Decline and Fakeout Trend: FTT price experiences a significant drop of 35% last week, indicating a market value decline following a fakeout in a rising wedge pattern.
Resistance Challenge and Bearish Control: Bears take over at the key resistance of $5.56, leading to multiple bearish engulfing candles in the daily chart and a clear shift from bullish...
like Celsius Voyager Luna theres always a big pump after the artificial dump
we await that white knight or bail out cross deals
the value of this COIN is the user base of FTX which came from Binance & Bitmex in 2019
excluding heavy hitters that get bailed out when the price tanks below their COST Of ENTRY
Bullish Trend Continuation: FTT forms a bullish triangle pattern in the 4H chart, signaling a potential uptrend continuation.
Breakout Potential: Amidst a positive cycle, FTT prepares for a bullish breakout, eyeing $6.30 if it surpasses $4.5.
Recovery Rally: FTT shows a notable recovery, surging 283% between November 8th to 11th, reclaiming the $4.5 mark.
Triangle...
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).
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FTT price action indicates a bullish reversal.
The FTX token is gaining breakout momentum.
If FTT surpasses $1.25, it could reach $1.76.
In 2023, FTT price has been moving sideways.
Each uptrend starts with a trendline breakout.
Three significant price jumps for FTT in 2023.
Recent trendline breakout struggled at the $1 level.
25% price jump in the last 5 days,...
FTTUSD, the FTX Token, held the 1D MA200 and since yesterday it is rebounding with aggression on a 1D timeframe that turned bullish again (RSI = 61.498, MACD = 0.102, ADX = 42.568). As the LMACD is about to form a Bullish Cross, this leg is the second wave of the rally to the R1 we spoke of last month. We are therefore adding an extra long, targeting the...
My main focus is on the charts.
We do not cherry pick between this or that project, between this or that nation, between this or that exchange... We focus solely on the charts.
Here the FTTUSD chart is showing multiple falling wedge patterns and this pattern always lead to a bullish breakout.
This pair went through a major crash and the harder the crash, the...
Another fairly simple idea... Buying FTT with the expectation that FTX 2.0 will be launched. Some major players in the crypto space are pushing for the relaunch of the exchange, and this account is from a coalition of FTX traders that want to revive the exchange. twitter.com
I believe that the exchange can be relaunched. Why? What would be the benefit? It would...
Hey guys, my idea on FTT got banned. This is a repost of the idea without the part that got it banned. I initially shared the idea when FTT was at 1.32$, and it's now at 2$. In case they unban it, this is the idea. That's the link to my idea
My only other proof is the screenshots I shared, but that's the only thing I could do. I am quite upset because it was a...
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).
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They have a saying: "From zero to hero".
FTTUSD did the opposite: "From hero to zero". :))
Actually, the same potential rug-pull as LUNAUSD & USTUSD did..
It's doomed, dead coin, money gone, investors and holders smashed.
Or is it?
What if a miracle happens?
Do you believe in miracles?
Remember how LUNC & LUNA somehow still managed to get a pulse?
Remember...
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...
The "FTT token" is the native cryptocurrency token of the trading platform FTX.
> Sam Bankman-Fried is one of the founders of the platform and is considered the "young Elon Musk" in community circles.
> For some time, "rumors / speculations" started that the separate company behind FTX = ALAMEDA (investment fund) might be insolvent. (both companies are owned by...
BINANCE:FTTUSDT
FTX Token - FTT has exited the major descending fork after printing an RSI Bullish Swing Rejection on the daily timeframe.
The next logical target for FTT is the trigger line of the major descending Pitchfork.
I plotted a Modified Schiff Pitchfork and an ARC on the chart, to demonstrate the likely paths to the trigger line.
Both have held...
Secondary trend. Time frame 3 days. Logarithm.
Coinmarketcap: FTX Token
This is how this zone looks on the linear price chart.
Main trend
FTT/USD (FTX, Alameda Research). Main trend.
Comparison with BNB is in the main trend.
Cycles Exchange giants FTT (FTX, Alameda Research)+BNB (Binance)
Local work
FTT/USD Local work in the reversal zone
Red line is a good support but we know that descending triangles are bearish. Often ends with a crash but also marks an important bottom.
So I don't know what would trigger it but a crash below the god line can mark the bottom. God line would probably be the resistance line in the next bull run. Or maybe they will just buy the support and start the bull run. Who knows?
The main trend. Time frame 1 week. Logarithm. Cycles are also shown.
Coinmarketcap: FTX Token
Note that the price is currently in the distribution zone. Over +1600% Which in case of a break-up (downtrend secondary) could act as a partial reset zone. The first potential target is shown.
In the case of a breakout of the neck zone (in the case of a return of...
Local trend. Bowl. Time frame 1 day. Logarithm.
Coinmarketcap: FTX Token
This is how this zone looks on the linear price chart.
Agree how beautiful. Beauty, even where it is not seen, must also be able to do.
This zone is in a secondary trend.
FTT/USD (FTX, Alameda Research). Secondary trend
