Trade ideas
Bullish and bearish scenarios for $FTTAight, this is a quick one
$FTT is trading at a crucial level right now.
Loosing this support means I’m following the path B
Holding it and I will trading according to scenario A
We might see some wicks below this support due to the current situation of the market, so trade safely and wait for breakouts + retests
FTT Short Term Trade IdeaFTT has recently broken the down trend on the daily. It
has established a lower high though the daily 10 and 20 MA hasn't crossed yet. I Have once again looked for entry on the lower time frames and found a breakout pattern testing resistance at the 58.80.
I need to be weary as the price as wicked above this price previously.
Entry 58.8
T1- 62.353
T2- 65.702
FTX TOKEN - Will Sam get Fried?FTX Token is at a pivotal point where a small move either way could determine the next moves.
Bullish - As Binance is blocking more and more regions every week, customers affected must find another exchange which is where the FTX exchange comes in. If enough customers come on to FTX exchange, it could surge the price for the FTX Token.
A break above the 61 level would confirm that the bullish outlook.
Bearish - From a technical standpoint, we can see that there's a head and shoulders formation at play. For it to be a confirmed head and shoulders pattern, price needs to break the neckline.
Will be watching this one closely!
FTTUSDT - BULLISH SETUPFTX token is attempting to break the resistance of this descending corrective trendline since bouncing of the 0.618 fibonacci after this recent pullback, this is a great price to accumulate FTX spot holdings. For a leveraged trade entry i would like to see a daily close above this confluence of resistance for confirmation.
FTTUSDT - Long - Potential 42.76%FTTUSDT - Long - Potential 42.76%
Exchanges: Binance, Huobi.pro, FTX
Signal Type: Regular (Long)
Entry Zone: 54.85 - 59.69
Take-Profit Targets:
1) 63.03
2) 73.93
3) 85.2
Stop Targets:
1) 47.42
Entry Targets- FTX heightened visibility (Mercedes deal inked today) combined with BTC's twitter announcement might give a nice pump in exchange in house tokens.






















