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FTX Token / TetherUS

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FTTUSDT trade ideas

FTT will be next BNBHello everyone todays Im going to talk about FTT token and why its important FTT is the native cryptocurrency token of the crypto derivatives trading platform FTX that launched on May 8, 2019. The team behind FTX comprises some of the largest crypto traders over the past few years who, having found issues with most mainstream crypto futures exchanges, decided to launch their own platform. FTX claims that it stands out due to such features as clawback prevention, a centralized collateral pool and universal stablecoin settlement. In regards to clawback prevention, a significant amount of customer funds on other derivative exchanges have been claimed by socialized losses. FTX reduces this by using a three-tiered liquidation model. On existing crypto futures exchanges, the collateral is fragmented across separate token wallets; this can be difficult for traders as it prevents positions from getting liquidated. On the other hand, FTX derivatives are stablecoin-settled and only require one universal margin wallet. Another feature of the FTT are leveraged tokens, which allow traders to put leveraged positions without the need to trade on margin. If a trader wants to short Bitcoin with 3x leverage, they can simply buy a 3x short Bitcoin leveraged token on FTX. These tokens are ERC20-compatible and can be listed on any spot exchange. FTX currently offers XRP, BNB, TRX, BTC, ETH, EOS, USDT and LEO leveraged tokens. Targets 27 - 29 - 32 - 35 Stop loss 23 - 20 Do you think FTT can be more valuable than BNB in future?
Long
by UnknownUnicorn25270489
2
FTX Token Shows Strength As Uptrend Is Still In Tact-FTT Is up over 30% from its low in June -Price has respected an ascending channel for nearly 3 weeks -FTT must break & hold its mid term trend to be set free FTX token had an amazing run the last year as it rose over 2000% off its low. FTT fell victim to the trend of the market and has fallen over -50% off its ATH. FTX crypto exchange is becoming a widespread name as it nears the top 3 cryptocurrency trading volume in the world. The strong correlation with FTT & FTX exchange has likely held prices higher as there is utility involved with FTT, similar to BNB & Binance. FTT has shown more strength than many alt coins which has investors peaking an eye on a potential stronger revival. FTX has been stuck within an ascending channel the last 3 weeks as traders fight for a strong breakout to either side. In the past week, FTT experienced a rejection at major resistance zone of $30.55-$31.95. Price must break & hold this mark to be set free for a shot to its first target of $34. Along with this resistance zone lies a mid term trend line (shown in black). Price must also break and hold this line for bulls to have a chance to start a stronger bull trend. At the time of writing, the 200MA has held the price of FTT from further downside. This moving average is also met with the bottom trend line of the 3 week ascending channel. If bears manage to take back control of FTT and break these two marks, FTT will have a drop to major support of $26.95. This would also break the 3 week trend line which would be a bearish scenario for FTT as it will likely experience further downfalls. While looking at the Stochastic RSI we can see strength has been coiling within the oversold territory. This may result in a large spike back above the 20 value which will likely send FTT back near $30. The regular RSI also is showing a slight bullish bias as it has formed a bullish divergence. A break above the 50 value on the strength would be the best scenario for FTT. FTT intraday levels Spot rate: $28.96 Trend: Bullish Volatility: Medium 
Support: $28 Resistance: $29.59

by CoinGape
1
🆓FTX Token (FTT) July-10 #FTT $FTTThe $28 zone is an important support area for FTT and if it doesn't lose this zone, the FTT will likely continue to rise to the $32 and $36 or even $44 zone this July. However, if it loses the $28 zone, it will have a quick drop to the $25 or $22 zone 📈BUY 🔴Buy : 27.5-28.5$. SL if B 🔴Buy : 31.5-32.5$ if A. SL if B 📉SELL 🔴Sell : 31.5-32.5$. SL if A 🔴Sell : 35.5-36.5$. SL if A 🔴Sell : 43-45$. SL if A ♻️BACK-UP 🔵Sell : 27.5-28.5$ if B. SL if A 🔵Buy : 24.5-25.5$ if A. SL if B 🔵Buy : 21.5-22.5$ if A. SL if B ❓Details 🕯Timeframe : 1 Day 📈Red Arrow : Main Direction as BUY and SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of candlestick is Above the zone 🅱️B : The Close price of candlestick is Below the zone
Long
by CryptoStation
Tom Brady, MLB Umpires, The NBA, PumpFTX has spent some serious money recently on marketing. After the MLB all-star game all umpires will have the FTX logo on their uniforms. FTX has a 19 year deal for naming rights of the Miami Heats stadium. Sam Bankman - Fried, is a crypto billionaire and genius. Oh and Tom Brady and Giselle are now ambassadors. This combined with the fact it broke and stayed above the cloud on all charts from 1 to 4 hours makes me tingly inside. I want it all. Tom Brady pamp it. Not Financial Advice. Like Follow blah blah blah.
Long
by willdathrill
💡Don't miss the great buy opportunity in FTTUSD@FTX_Official Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (59.116). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . FTTUSD is in a uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. Take Profits: TP1= @ 63.000 TP2= @ 65.730 TP3= @ 68.000 TP4= @ 71.220 TP5= @ 74.000 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
4
💡Don't miss the great buy opportunity in FTTUSD@FTX_Official Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (59.116). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . FTTUSD is in a uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. Take Profits: TP1= @ 63.000 TP2= @ 65.730 TP3= @ 68.000 TP4= @ 71.220 TP5= @ 74.000 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
17
WHAT IS FTT? NEXT 100$?What Is FTX Token (FTT)? FTT is the native cryptocurrency token of the crypto derivatives trading platform FTX that launched on May 8, 2019. The team behind FTX comprises some of the largest crypto traders over the past few years who, having found issues with most mainstream crypto futures exchanges, decided to launch their own platform. FTX claims that it stands out due to such features as clawback prevention, a centralized collateral pool and universal stablecoin settlement. In regards to clawback prevention, a significant amount of customer funds on other derivative exchanges have been claimed by socialized losses. FTX reduces this by using a three-tiered liquidation model. On existing crypto futures exchanges, the collateral is fragmented across separate token wallets; this can be difficult for traders as it prevents positions from getting liquidated. On the other hand, FTX derivatives are stablecoin-settled and only require one universal margin wallet. Another feature of the FTT are leveraged tokens, which allow traders to put leveraged positions without the need to trade on margin. If a trader wants to short Bitcoin with 3x leverage, they can simply buy a 3x short Bitcoin leveraged token on FTX. These tokens are ERC20-compatible and can be listed on any spot exchange. FTX currently offers XRP, BNB, TRX, BTC, ETH, EOS, USDT and LEO leveraged tokens. Who Are the Founders of FTX Token? The FTX Token or FTT was founded by Sam Bankman-Fried and Gary Wang. Sam Bankman-Fried is the co-founder and chief executive officer at FTX: Cryptocurrency Derivatives Exchange. He is also the CEO of Almeda Research and worked as a director of development at the Centre for Effective Altruism. He was also a trader at Jane Street Capital from 2014 to 2017. Bankman-Fried studied physics and has a bachelor’s degree from the Massachusetts Institute of Technology. Gary Wang is the co-founder and chief technology officer at FTX: Cryptocurrency Derivatives Exchange. He is also the chief technology officer at Almeda Research. Before this, he worked as a software engineer, after moving up from a software engineering intern at Google. He was also a software engineer intern at Facebook. He has a Bachelor's degree in mathematics and computer science from the Massachusetts Institute of Technology. What Makes FTX Token Unique? FTX is backed by Almeda Research, which is known as one of the leading companies in crypto trading and one of the largest liquidity providers. As such, FTX is a product designed by professionals with confirmed expertise in the industry. They cover multiple services: from collateral to maintenance margin to liquidation processes and product listing. FTX also claims to be focused on fast development cycles, allowing them to deploy crypto trading systems at a competitive pace. How Many FTX Token (FTT) Coins Are There in Circulation? FTX is a cryptocurrency derivatives exchange that offers futures, leveraged tokens and OTC trading with a focus on institutional-grade solutions. The FTX Token is the backbone of the FTX ecosystem, which was designed to increase network effects and demand for FTT as well as decrease its circulating supply. FTT has a circulating supply of around 94 million tokens as of February 2021 and a total supply of about 345 million. How Is the FTX Token Network Secured? FTT is an ERC-20-compatible exchange token. The Ledger Nano X/S hardware wallet allows users to securely store and manage the FTT tokens via its Ethereum app. Both the FTT and the leveraged tokens security audits are done by the Blockchain Consilium auditing firm. Analysis Tecnichal If we realize this is a zone of support at minimum points where a new rally tends to always start and break down. To look for a new support mostly 8 to 9 bearish candles are all these falls. One FTT craze is that bears always tend to break the 20-day moving average lower, not so much a test, but after that it makes support and starts a new bullish rally. What a curious fact. The RSI currently remains above the 63.4 area for a long time, it could indicate a slightly longer bullish or the beginning of a bearish to look for a test in the 50s. It is clear that with the fall of BTC it is most likely a test . Although FTT has a fomo due to being the best known Futures broker. Gaining a lot of popularity among high capital traders. (I include myself in this although personally I consider that the design of the website is strange). The MACD is losing its bullish strength, a fall is more likely if we visualize this indicator, being on the scale 2, if the bears manage to pull the MACD lower. We could see for the first time a bearish rally or a side on FTT. Currently due to the loss of bullish strength, I believe that we will be finding possible resistance in those areas. Possibly at 1.618 Fib Channel is where we find that resistance to look for new support. If we review the previous falls we could deduce a correction of 20%, Meh it doesn't hurt. Unless BTC is going to lose current bullish force to go lower I really highly doubt that we will have extremist losses. The MACD is not positive but if it breaks higher, we can be more sure, also that FTT has more cryptocurrencies from the #SOL network that is currently being a boom. Based on this, we could consider possible supports these points 57-48. Although as I mentioned, in a bearish scenario this will die. And it can start a somewhat long bearish rally. Although there are cryptocurrencies that despite the fall of BTC continued to rise, an example is #SOL, which was 1000% from our notice in the fall from 63k to 47k. If we use Fib Retracement in the manner of speculation, not as a retracement, I already explained 1 to 0. We could visualize a fall to 61.8% Fib or 23%. In case I take another little bullish rally. We would have a long-term goal of 100 dollars, this is already fundamentally, FTX is gaining popularity in Market Share, although currently its reliability is little to believe, but they can hold it in Binance if they do not trust their platform. I invested in it for 5 usd, and really in the long term I see a lot of potential for it and I think it could easily pass any legal test. Currently their code is audited and everything, but I mean on the website issue, the design is quite complex for new traders. In the hypothetical case that BTC suffers a retracement it is possible to start a bearish channel although FTT has supported the falls of BTC quite well, well that's it! Try to enter a fall!
Long
by UnknownUnicorn18500526
6