FTT
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.
FTTUSDTWhaiting for 7 and then take short. There is negative news, I had yesterday few trades, shorts
2022-11-08, FTX seeing Duck No Saur soonThis week seems to be shorting week for many including FTX.
Strong area looking now is 0.236 and 0.382 level in the Fibs.
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!
$FTT to 9 BucksHi
Le bad news arrived for FTT, looks like going to 9 Bucks around April to me rly. Then might bounce a little because April mostly is strong month for cryptos for sure #doggonacci
Prepare for the clown rallyShorter term
Watch as BTC attempts to scam another wave of bulls before continuation lower
FTT bullish scenario November 8th 2022Hi guys,
When FTT reaches the 12$ area the bear market should be over. There stands the Fibo 1.236 retracement level.
We should see a run up to the 40$ area in the next 60 days and a top at around 70$ late march 2023.
Happy hunting, go #bbulls !
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 acquires FTXJust confirmed that Binance has acquired FTX
This means that this massive sell-off has made Sam billions in the process
and has left retail holding the bag as FTX froze withdrawals.
🔥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
FTT, where to go?The chart is displayed on a weekly logarithmic scale.
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FTT fell below the H&S in May this year. With 31.266 and 84.746 as lows and highs, the price stepped back to 51.695 (0.618) and then fell below the neckline of 31.266. After that, FTT tested 22.000 many times without falling below.
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After the problem with CZ, the support at 22.000 was broken and the lowest was at 14.955.
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Because of the market news, FTT fell, so you can pay attention to the closing price this week to judge whether it will come to the lower support 10.837.
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Go Woke Stay Brokeabsolute classic, weve seen this play out 1000x at this point. allof these companies pushing socialism are going broke... shocker to nobody lol. biggest donors of bidens campaign contributing to ruining the american economy. hope sbf kep a few of his btc off ftx so he can run away and hangout w his fraud buddy
SBF vs CZGuy has no clue what hes doing, i wonder what hell say when FTT drops sub $5 maybe insolvent? Guess well see, shoutout to CZ for being a don. hope he sells for him at $22 and takes him for what hes worth. Long way down for one of the richest socialists in the world! ggs sam, catch ya at mcdonalds
Is FTT going to crash like LUNA? NEWS&Trading Volatility = $$ ?!FTX:FTTUSD FTX:FTTPERP
FTX:FTTUSDT
Short Technical analysis of where the current price of FTT is hovering around. Levels that need to hold
Is FTT Token going to crash like Luna did?
Is it safe to keep your funds on FTX
What does CZ from Binance say?
What is Sam Bankman-Fried from FTX saying about it?
What are other market players saying about it?
Not Financial Advice. DYOR. Papertrade before trading with real money.
Hope you have a profitable trading day!
Shawn
Huge volumes. Easy money!On the FTT coin there is a clearly formed level with 3 touches which has been relevant for almost half a year.Now the coin has super increased volumes, at which we have come to this level and begin to form a trade.I expect a rise to the level and accumulation to enter the impulse breakout.
FTTUSDTexpecting downside breakout
incase of breakout expecting move towards 15$
expecting panic selling soon
Long on FTT and short on BNB - Great spread for experienced onlyWe know that now everybody is looking at FTT for shorts, but this situation is misunderstanded. CZ is attacking FTX, because they are more powerful than ever.
When we look at the spread, it is obvious, that the money will flew out from BNB and will prefer FTT
Of course, that is not a financial advise.
BTC Detailed Top-Down Analysis - Day 98Hello TradingView Family / Fellow Traders. This is Richard Nasr, as known as theSignalyst.
98 out of 500 days done.
I truly appreciate your continuous support everyone!
Let me know if you like the series, and if you would like me to change or add anything.
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
