FTX Token Analyze (Dead Cat Bounce)!!!🐈After the scandal that happened to the FTX Token project, and you are all aware of it, the FTT token is called a dead token, and in the financial markets, these types of assets are also called 🐈dead cats🐈, but these dead cats sometimes have jumps. It seems that the FTT token is looking for a jump of at least 30% to the resistance zone with the formation of a triple bottom pattern (or Inverted head and shoulders pattern) that we can use.
FTX Token Analyze (FTTBUSD) Timeframe 4H⏰.
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
FTTUSDT
Bitcoin in times of high interest ratesHey there!
I was looking at the ugly charts of cryptocurrencies when I wanted to update my previous ideas.
As I mentioned before, the buying area is around this level (green box). My main target is still between 12-14k.
But in view of the fact and compared to the "corona crash" (to give it a name) at this time it will be different IMO.
-very high interest rates
-times of stagflation (there are many reasons for this - war in Ukraine is just a part of it)
-conflicts getting louder between China and USA
-etc
The fuel of crypto are negative interest rates (I call it gambling money).
As long as we won't see negative interest rates, I stay away from investing in crypto (holding coins).
Of course, I will try spot buys but when I do, then with USDT.
To bring the analysis to an end: We could see 4 digit price for Bitcoin.
Stay safe!
FTTUSDT (FTX TOKEN)Subscribe and get a free trading strategy for Bitcoin and other instruments every day!
Happy New Year and Merry Christmas my dear friends!
Such positive forecasts are possible only if the Alameda group solve their problems with the law. And this cannot be ruled out.
Then we will have three potential targets for the growth of the asset.
Another option is the breakdown of the liquidity zone and the delisting of the token.
P.S
I do not adhere to a time frame in my analysis of the instrument, a reaction in the instrument may occur earlier or later. It is important to understand the price movement when reacting to the level, as well as the buyer and seller reactions. Well, and a few more secrets, this material is not a trading recommendation )))
FTT vs BNBPlease 1st of all click the boost🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free.
This is comparison of FTX Token vs Binance Coin , so if the:
*price is going up, it means FTT is stronger than BNB
*price is going down, it means FTT is weaker than BNB
After strong initial impulse down the FTTBNB has been consolidation for almost a year and formed this triangle. Now the price is breaking down out of this triangle📐 and if it really breaks, I think there is chance for drop to 0.034. TARGET being height of the triangle projected from midpoint of the local range (pink). It's a bold call predicting that FTX Token will lose -65% against the Binance Coin.
As you know both are exchange tokens, so it's sort of Changpeng Zhao ⚔️ Sam Bankman-Fried battle. 3-2-1 fight! Who is gonna be stronger?💪
Check my other stuff in related ideas.
Please boost🚀, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
FTT to lose another 70%?Please 1st of all click the boost 🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free.
Hi guys! Hope you are doing well even after the FTT/ FTX liquidity debacle which has been sort of indicated by the chart below two months ago:
Now it seems we are not done yet, as FTT broke down this triangle 📐 and I think there is chance for run to 0.527 and even lower. This would mean another -70% for FTTUSDT from the actual level! Price is currently sitting at key support trendline (blue) but in my opinion it's just matter of time when it will be broken down which could start another brutal selloff. Stay safe!
Check my other stuff in related ideas.
Please boost🚀, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
FTT is gone!Please 1st of all click the boost 🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free.
Over a month ago I posted prediction that FTX Token will lose 70% of its value against USDT...
At that time the price was 1.8, and now it's already almost another -50% down! As the FTTUSDT pair has been delisted from Binance, you can't "play" the original idea anymore, it doesn't load the new data. Anyway here comes new bearish setup in form of triangle breakout with target @ 0.46 which is another 50% loss of value from current level. I guess we will get there sooner or later with pullbacks along the way.
Check my other stuff in related ideas.
Please boost🚀, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Anyone Out There!? 😁😂👨💻😈#criticalthinking 🧠🔑🤯
Something that means more and more to those listening... FTX! Binance! So on and so too many to name interesting we are here now. Any of you feel skined and thrown about by your leaders and gurus? Have you found new leaders to fill the void the absence of comunity? Be on the watch these leaders are your adversary playing a a friend with a care for the crowd..!
Soon many more will show themselves.
From #SBF to even your favorite, Mr. #bitboycrypto plus too many to count. You have been led astray for their own personal gain... We have seen this before: Are #hexicans safe? #Scam or #cult what's the difference in #crypto maybe it's all to get rich quick??
So, with the development of GPT3.5 #ChatGPT the screaming reason #CriticalThinkingMatters 😎
Don't be misled the #GetRichQuickGurus are out there.. !
No Advice to give just thoughts that I can't shake after the last 8 years in the world of "CRYPTO"
Things 🤷♂️ #Fixed IDK Protect Your Neck!
""KEEP CALM AND MANAGE THY RISK!""
I am The CoinSLayer 👨💻😈
FTT/USD (FTX, Alameda Research). Main trend. The main trend. Time frame 1 week. Logarithm. Cycles are also shown.
Coinmarketcap: FTX Token
Note that the price is currently in the distribution zone. Over +1600% Which in case of a break-up (downtrend secondary) could act as a partial reset zone. The first potential target is shown.
In the case of a breakout of the neck zone (in the case of a return of the price)—temporary sadness. In addition to the currently existing trend line, I have also shown a future potential trend line (the direction of the main price trend) of the negative scenario, depending on the stopping in some of the zones shown on the chart.
Just for clarity, I overlaid the chart BNB/USD (Exchange Binance). Time frame and scale are the same.
This is what this zone looks like on a line chart.
Secondary trend.
FTT/USD Local work in the reversal zoneLocal trend. Bowl. Time frame 1 day. Logarithm.
Coinmarketcap: FTX Token
This is how this zone looks on the linear price chart.
Agree how beautiful. Beauty, even where it is not seen, must also be able to do.
This zone is in a secondary trend.
FTT/USD (FTX, Alameda Research). Secondary trend
FTTUSDT Don't trust this rise unless this line breaksThe FTX Token is having the best daily run since the exchange crashed one month ago and we see a lot of euphoria coming back to the market but be advised that you shouldn't get over-excited as, despite breaking above the 4H MA50 (blue line), the price is still range-bound inside the 1.175 - 2.100 25 day Rectangle. Only a break above 2.100 can be a buy and that's still limited to the 4H MA200 (orange line).
Please like, follow and comment!!
Soon there will be a pump in the FTT currencyHi Guys
According to the chart, soon a pump will occur in the FTT currency and it is a very good place to hold and sell at the price of 7 dollars.
R/R = 29
WOOOOOW VERY VERY GOOD POZITION
Approximate profit 450 %
LIKE & COMMENT PLEASE .
WHATT DO YOU THINK ??!!
Share your comments ...
How FTX could be BULLISH for BTCHi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
I know this may sound strange, but the current volatility in the crypto markets may just go the opposite way of the most expected. Cryptocurrency markets, especially altcoins, are currently experiencing an overwhelming amount of fear. The market sentiment is overly bearish, and this usually makes a perfect opportunity to counter trade. By looking at the Wall Street Cheat Sheet, I can confidently say that I don't think the bottom is in just yet, for the sheer fact that we just experienced a HIGH volume selloff. Bottoms are usually characterized by LOW volume sell-offs after a longer period of sideways trading.
It is noteworthy that the FTX saga may bring on finalized crypto regulations very soon, and this could be bearish for altcoins (perhaps in the short term, but still). Some alts may not even survive the new regulations. The FTX saga together with the bankruptcy of many other crypto lending platforms might act as a catalyst for the government to step up regulations and implementation. That being said, Bitcoin will have an advantage over altcoins.
Haven't heard about the FTX saga and Sam Bankman? Don't worry ! Get up to speed here:
_______________________
📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍
We thank you for your support !
CryptoCheck
How Sam Bankman got Fried Hi Traders, Investors and Speculators 📈📉
Losing $22 Billion in one day is probably a record for the books. Let's take a closer look at the Sam Bankman-Fried story...
At 30, SBF is(was) the youngest billionaire in the US. In 5 years, he managed to start the fastest growing DEX (FTX), as well as Alameda Research. He is also well connected. VERY well connected, with political ties to big names such as actors including Tom Brady, Naomi Osaka and financial institutions including Coinbase Ventures and Binance Labs. So how is it then that he got burnt and lost it all overnight? Let's take a closer look at the intricacies.
First, let's take a closer look at just how big and interconnected FTX really was:
💰 44 Active investors deposit $1.8 Billion in just a year
💰 Celeb Ambassadors including actors such as Stephen Curry, Tom Brady and Naomi Osaka
...hopefully we've learnt our lesson about trusting actors on crypto with Matt Damon on BTC and Ashton Kutcher with his XRP endorsement right before major crashes.... no?
💰 FTX has a combined value of $40 Billion in 2022
💰 FTX sponsors Mercedes in F1
💰 FTX sponsors Major League Baseball, FTX printed on all shirts (guess who's getting a new wardrobe...)
💰 Fortune Magazine Face - "Next Warren Buffet"
After the SEC forced shutdown in 2018 of crypto exchange broker 1Broker, many crypto moguls decided to take their companies elsewhere. This is also true for Sam, who decided to open FTX in Hong Kong later moving to Bahamas, away from the restrictions and regulations of the US. Binance followed a similar path, later moving it's company from China to Cayman Islands. SBF continues to keep favor with the US as he makes large contributions to Joe Biden's campaign, over $11 million. He reportedly spent over $47 million supporting democratic political campaigns. SBF networking progresses and he often testified to congress about how crypto regulations should proceed, even though he moves his business to the Bahamas (not the US). He positions himself as the voice of reasoning for the future of crypto regulations. During 2021, SBF reaches the peak of his wealth and fame. He nd 9 other youngsters are leading the FTX empire from the penthouse in the Bahamas.
Some say he became overconfident, others say he was sloppy. It seems as though the start of his downfall was due to Rival, CZ from Binance. Back in 2019, CZ hinted on Twitter that SBF was involved in an attempted attack on Binance futures platform. CZ later drives down the price of FTT by publicly stating their exit from FTX after "certain revelations came to light". SBF responds with a tweet "you won, well played".
When the bear market arrives late 2021, SBF is portrayed as a saint as he "invests hundreds of millions" in companies such as BlockFi, Voyager and Celcius whilst they face liquidity problems. A research report from September 2022, reveals a different story. He, infact, invest miniscule amounts or even nothing at all to help these companies! But this article does not make headlines, yet. Then a whistle blower breaks the news - Alameda Research uses $10 billion of customers FTX funds to make a risky investment, which is totally illegal. This is the complete opposite of the terms and conditions on his website as well as the opposite of what he said to Congress during his talks about how regulations should be. This is where the saying "not your keys, not your crytpo" shines. Crypto users and SBF fans are heart broken... How could he??
The final blow: Recently, continuous rivalry on crypto twitter between CZ and SBF fuels the price drops on FTT as CZ claims to sell all remaining tokens. Alameda Research (one of the 9) jumps in and claims to "buy back" whatever CZ has left to sell. But then, another stroke of bad luck - the balance sheets of Alameda Research leaks. As it turns out, they have NO liquidity, especially not enough to make any FTX buyback. And so, overnight, the price drops a whopping 89% and there goes most of SBF's wealth.
Final Thoughts...
If you're smart enough, have the right support structures and a great PR team, you can grow your fortune with fake virtue signaling. Infact, many philanthropes ( unlike Jeff Bezos 's ex wife whom you probably don't even know about ) will only donate when the camera's are on. They also ensure that they are highlighted as kind hearted saints by the media. They do whatever it takes to hide all the corruption and money laundering behind the scenes. SBF was portrayed as the humble, young billionaire face op crypto, and everyone wanted him in their corner due to his trading brilliance and profitable partnerships. Sometimes, however, when the bad deeds start outweighing the good ones exponentially, it becomes increasingly hard to hide the true events from the public .It has, somehow, come to light that instead of being a humble and charitable public servant, SBF was the leader of a group of kids living the highlife in a penthouse in the Bahamas. Misusing funds for corruption and illegal activities including but not limited to money laundering. And so came the fall of Sam Bankman Fried. His downfall involves deception, illegal activities, large political contributions and the misuse of customer funds. It is noteworthy that most of his wealth was in FTT, native crypto to FTX decentralized exchange (DEX) .
💭...This is no uncommon thing. Many people do the same illegal stuff, probably even on a larger scale but somehow, SBF got burnt. You can't help but wonder... Who Fried Sam Bankman ?
_______________________
📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍
We thank you for your support !
CryptoCheck
🔥 Future FTT price FTX token under threat 👇Why the FTTUSDT price directly depends on the result of the "showdown" between Binance CZ CEO and Sam Bankman-Fried with FTX ?
On 06.11 evening, the head of Binance published a series of tweets in which he wrote that Binance as part of a strategy to exit investments in FTX received $2.1B in BUSD and FTT. And due to "unethical" actions, Sam Bankman-Fried plan to sell their stake in tokens FTT of $ 600M within 1-2 months on the open market.
CEO at Alameda Research, Caroline Ellison, has publicly called for CZ to sell all FTT tokens at $22 to reduce the market impact on the FTX exchange's native token rate.
The current showdown between owners of major cryptocurrency exchanges is happening when the cryptocurrency market is "fragile" and tough regulation from the U.S., including DeFi market, is still looming.
Sam Bankman-Fried with FTX has taken a proactive regulatory stance, trying to significantly limit the rights and freedoms of DeFi protocol creators so that US users / other territories with strict laws cannot use DeFi infrastructure. And the winning side of course would be centralized exchanges a-la FTX.
He also hinted in one of his tweets that he lobbies for interests in Washington, and for the head of Binance - entry to those chambers is closed, which has caused the current CZ / FTX / Alameda feud.
The principle of the current actions of the head of Binance is quite simple - collapsing quotes FTTUSD. Also actions CEO Binance causes a mass "flight" from the exchange FTX in its favor, and also many lenders may withdraw their loans from FTX, due to the depreciation of collateral in the FTT.
Better that CZ / FTX as soon as possible stopped this "war" because such a battle will not only hurt the price of FTT or the exchange FTX, which is being abandoned by the traders and their liquidity.
A lot more crypto community participants are likely to suffer. Because in such a weak crypto market, coins with smaller liquidity and capitalization can go down very, very hard, and almost all of us have them.
If we look at the global chart of the FTTUSDT price, it becomes clear why the price of $22 per FTT is critical. Below you can see the liquidity level is only about $10. In general, the strong liquidity area where "big money" was taking a long position is in the $2.5-4 range.
We don't want to see another collapse like with "Luna".
We hope for a quick and peaceful outcome of this conflict, but each participant in the crypto community should make conclusions for themselves.
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
BTCUSDT | Goals for next week.Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Weekends are boring as always, we are waiting for the opening of all markets tomorrow.
If we talk about the bitcoin chart from the technical side, then we are holding in the range of $17,000-16,350, forming a structure for a further level of support and resistance.
The question is how long will we be kept below $17,000 because everyone already wants a strong increase, right?
I think we will still go through $16,000 and make a DD on 12H and then I expect a take-out towards $18,000 (my first take profit), then we will act according to the situation.
Now we are in a strong manipulation zone, people are waiting for the price to drop even lower in order to buy and enjoy life, but let's think together, the market always works the way we think? I think no.
And then inexperienced traders start buying in a panic, watching the rocket fly away without them.
By the way, I'm in LONGE!