FTT
BNB Hidden Bearish Divergence as it Breaks TrendWe have a Bearish Bump and Run Reversal Top that is Breaking Down on BNB as we show Hidden Bearish Divergence on the Weekly Timeframe. It should first come down to the 88.6% Retrace at $21 but if that doesn't hold don't be surprised to see it come down to the 1.618 Extension at $1.175.
FTT a lot of FUD today. Short?Today , on crypto twitter there´s a lot of FUD regarding FTX exchange insolvency.
CEO of Binance announced that they will be selling their ftt tokens (do your own research on twitter to learn more).
If we see more FUD in the near term, it may result in a big drop. So far support holds.
Short it only if key support breaks.
Don´t forget to place a stop loss.
Target: 10 $
Make a note that this trading idea is likely to happen only if we see more FUD regarding FTX insolvency or anything bad about FTX, Sam Bankman-Fried or alameda research.
FTT is Next Luna !!!I told everyone in the last Analyze FTT will Dump... CZ Mission is Done..!
One of the reasons the market will dump more is FTT,
Look at the chart everything is clear on chart if it can reclaim to 20, the next target is 4.77 and may lower...
please share your opinion in the comments
I consider all analyses performed in relation to that trade position.
Our analysis is not a buy or sell referral.
If you found our analysis useful and interesting, feel free to share it so that more individuals might benefit from it.
And please don't forget to like and comment; we will read them all.
The Detail Bitcoin break down this timeThe Detail Bitcoin and Crypto Market break down this time.
The bitcoin market has been on a roller coaster ride over the past few weeks, and things took a turn for the worse this week when the value of the overall crypto market plummeted.
The recent sell-off was driven by a number of factors, including concerns about regulation, FTX goes bust, Binance to acquire FTX pending DD, CZ announces Binance to do proof of reserves, CFTC monitoring FTX Binance drama, Zhu Su tweets, Do Kwon appears on Up Only, BTC testing 300 Weekly MA, FTX Withdrawals halted and $FTT crashed 80%.
While it's impossible to predict where the market will go next, it's clear that there is a lot of uncertainty in the air, but I am trying my best in this chart. Thanks and keep learning.
Short FTT
Hi all,
In my opinion, FTT prices will go down quite fast because of the following indicators:
Fundamental news: CZ started to sell FTT and this triggered a fall of FTX and its crypto; Investors/FTX's users are loosing their trust.
Technical Analysis: Both MFI and CMF broke the trendlines.
The proposed TPs and SLs are in chart.
All the best!
Does FTT go to zero?hi! I hope you are well
Note: Don't forget capital management and stop loss setting
Note: This scenario is probable and not certain.
Considering the negative news that has been published for this coin, it is better to consider this correction as a wave of great magnitude.
Due to the pessimism of this currency among traders and the exit of its investor, Binance, this currency can remain bearish in the medium term.
I have identified two important supports for the not-too-distant future.
why 50% plus 1 day crash in FTT matters for all marketsfinancialized markets all move together in times of liquidity panics. Thats why we must pay attention when we hear of certain market going wild in large percentage moves. FTT token may not matter to everyone, but it matters if it gives us an insight to market mechanics that affect everyone.
Crypto liquidity panics will harm investor trust and sentiment. Losses in any market can also force investors to sell liqduid and perfectly good assets in order to fund other illiquid areas.
Not in anyway advice. But worth watching and observing.
SPY QQQ DIA VT FTTUSD TOTAL HYG AAPL
🔥BINANCE ⚔️ FTX: how will this battle end❓Time to buy more❓🔥 Hi friends! CZ, Binance CEO, said that going to sell their FTT (FTX Tokens) worth about $600 million. The tokens will be sold for 2 months to not manipulate the market artificially. The reason for conflict is the possible bankruptcy of FTX. FTX reserves in ETH fell to a two-year low of 108,000 ETH from 400,000 ETH just three days earlier❗️
🚩 Binance received FTT as part of its exit last year from an early position in FTX exchange, which they had held since 2019. FTX bought Binance's stake in the company for $2.1 billion in FTT and BUSD.
✅ Finally, this story could end badly for the bulls. FTX is a TOP 2 exchange and if it collapses, it will be much worse for BTC🔻 than the case of Terra Luna❗️
✅ What happend to FTX and BNB in the 2-3 weeks? Here the 2 scenario for you to open the BEST trade👇
📊 THE FTX SETUPS
🔥 The most negative scenario will be the falling of FTX below the current lows at $15. It can trigger the massive sells off. Why the worst scenario for FTX can happen?
Another risk of a further drain on FTT tokens if Alameda fails to prove that it did not sell tokens to the Bybit exchange (BitDAO).
The BitDAO community has said it will vote on the fate of the FTT tokens it holds on its balance sheet unless Alameda provides proof that it continues to hold BIT tokens on its balance sheet as promised, rather than selling them into the market.
🚩 This would mean that FTX is trying by all means to get rid of it and sell all of its holdings and trigger the massive DUMP.
🔥 The positive scenario if FTX still hold BitDAO and the price return to the $22-29 value area, where the whales and retail accumulate FTX tokens. In this case we can assume that everything is okay and should try to find mid-term entry point. There are always a lot of possibilities after such shakeouts.
🚩 Just take a look on the volumes indocator on FTX. I leave for you 2 callout that have to show you retailers mentality. They bought a lot at the all-time highs and sells now in a HUGE loss. Remember this when the next bull market will be finished and you already make a lot of money.
📊 THE BNB SETUPS
It was my scenario for BNB almost 1 month ago. BNB already make +36% and reach my targets. Take a look on the volume indicator. TThe volume is squeezing before the PUMP and it was the importnat precondition to opne a long.
🔥 Positive scenario for BNB would be a close above the $337 key level. In this case the price continue to grow.
But if it close below the key level, it would be the false breakout and the price will fall to the closest support at $260-310 with high possibility. There we can wait for some price reaction and find the entry point to open a long/short.
🚩 Another rumor is the FTX CEO Sam Bankman-Fried "helped" the Luna to colapse and as far as you remember, Binance lost almost $1.5B in Luna. Is this another reason for CZ to remove the nearest competitor from the market?
What is your opinion about this situation? Is it worth buying FTX now or will the price fall even lower? Write in the comments!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
FTTUSDT 2 TargetAs you see, the first support zone gave nice reaction 20%
Now if buyer have power to test seller on resistance zone in area of ~22 ther are another enter the short.
If seller continuous pressure, then next support zone are 11+
and next one in between 6-5 $
feel free to comment or ask questions