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Weekly forecast FTX Token technical chart
Symbol FTTUSD
Trade Setup

#FTTUSDT
Total Profit: 16047 pip (570%)
Closed trade(s): 11417 pip Profit (406%)
Open trade(s): 4630 pip Profit (164%)

Trade Setup:
We opened 9 BUY trade(s) @ 28.16 based on 'Valley' entry method at 2021.07.21.

Closed Profit:
TP1 @ 29.60 touched at 2021.07.24 with 144 pip Profit (5%).
TP2 @ 31.60 touched at 2021.07.26 with 344 pip Profit (12%).
TP3 @ 34.30 touched at 2021.07.30 with 614 pip Profit (22%).
TP4 @ 37.65 touched at 2021.08.02 with 949 pip Profit (34%).
TP5 @ 42.55 touched at 2021.08.07 with 1439 pip Profit (51%).
TP6 @ 47.50 touched at 2021.08.09 with 1934 pip Profit (69%).
TP7 @ 53.30 touched at 2021.08.13 with 2514 pip Profit (89%).
TP8 @ 62.95 touched at 2021.09.01 with 3479 pip Profit (124%).
144 (5%) + 344 (12%) + 614 (22%) + 949 (34%) + 1439 (51%) + 1934 (69%) + 2514 (89%) + 3479 (124%) = 11417 pip (406%)

Open Profit:
Profit for one trade is 74.46(current price) - 28.16(open price) = 4630 pip (164%)
1 trade(s) still open, therefore total profit for open trade(s) is 4630 (164%) x 1 = 4630 pip (164%)

Trading suggestion:

  • We have already opened Buy trades, based on Trend Hunter Strategy, trade setup is drawn on the chart and shows entry and targets.
  • If the Midterm level 42.5500 is broken, we will close open trades.

DateSeptember 11, 2021 - 18:41
Currentuptrend
Forecastcontinuation of uptrend

Midterm forecast:

  • 42.5500 is a major support, while this level is not broken, the Midterm wave will be uptrend.
  • We will close our open trades, if the Midterm level 42.5500 is broken.

Technical analysis:

  • While the RSI uptrend #1 is not broken, bullish wave in price would continue.
  • A trough is formed in daily chart at 44.800 on 08/26/2021, so more gains to more heights is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 65.

Take Profits:

  1. 29.600
  2. 31.600
  3. 34.300
  4. 37.650
  5. 42.550
  6. 47.500
  7. 53.300
  8. 62.950
Click on the level to view price action history.

Symbol Released Current Forecast
FTX Token (FTTUSD) Mon, 21 Nov 2022
FTX Token (FTTUSD) Sun, 6 Nov 2022
FTX Token (FTTUSD) Wed, 26 Oct 2022
FTX Token (FTTUSD) Sun, 11 Sep 2022
FTX Token (FTTUSD) Sat, 27 Aug 2022