FTTUSDT (ftxโs native token)ANALYSIS ๐๐
๐นMarket Cap:$5,574,433,827
Volume24h: $107,005,774 -13.49%
Circulating Supply: 139,132,501.02 FTT 40% โ๐ซ
Max Supply :352,170,015
๐ฐHolders Statistics:
Top 10 Holders: 89.8%
Top 20 Holders:95.38%
Top 50 Holders:98.44%
Top 100 Holders:99.16% โ๐ซ
๐๐ technical :
As you can see on the weekly timeframe for the pair of FTT / usdt , Since June 2019 it has listed in ftx exchange and it has had a continues increase in this assumed upward channel ,but I figured that out the correlation between btc and ftt price action has been so high til now, so its future movements high probably depend to btc scenarios and choices again. thus if it want get started a new bullish rally and maintain this channel we should see at least a weekly close on the red downward trend line or on resistance red zone for assurance , otherwise I think it will probably start the bearish scenario, by breaking down its upward channel ,and it'll decrease to the lower support area .
๐current weeky resistance level: $51-57
โ๏ธcurrent weeky support level: $30-34
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๐This analysis is my personal opinion ,not a financial advice ,so do your own research.
๐ if you're a fan of my analyses PLZ follow me ,give a big thumbs ๐ and drop comment ๐ฏ๐ญ
๐with Best Regards
Volume24h: $107,005,774 -13.49%
Circulating Supply: 139,132,501.02 FTT 40% โ๐ซ
Max Supply :352,170,015
๐ฐHolders Statistics:
Top 10 Holders: 89.8%
Top 20 Holders:95.38%
Top 50 Holders:98.44%
Top 100 Holders:99.16% โ๐ซ
๐๐ technical :
As you can see on the weekly timeframe for the pair of FTT / usdt , Since June 2019 it has listed in ftx exchange and it has had a continues increase in this assumed upward channel ,but I figured that out the correlation between btc and ftt price action has been so high til now, so its future movements high probably depend to btc scenarios and choices again. thus if it want get started a new bullish rally and maintain this channel we should see at least a weekly close on the red downward trend line or on resistance red zone for assurance , otherwise I think it will probably start the bearish scenario, by breaking down its upward channel ,and it'll decrease to the lower support area .
๐current weeky resistance level: $51-57
โ๏ธcurrent weeky support level: $30-34
--------------------------------------------------------------------------------------------------------------------
๐This analysis is my personal opinion ,not a financial advice ,so do your own research.
๐ if you're a fan of my analyses PLZ follow me ,give a big thumbs ๐ and drop comment ๐ฏ๐ญ
๐with Best Regards
ืขืกืงื ืคืขืืื
Daily time frame:ืืขืจื
4H time frame:
ืืชื ืืืชืืจ
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