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FTX Token / TetherUS

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FTTUSDT trade ideas

FTTUSDTFTTUSDT appears to be forming a bearish flag pattern, characterized by a downward-sloping channel following a prior decline. Notably, during the formation of this flag pattern, there has been a lack of divergence, indicating a consistent downward momentum without significant deviation. The retracement from the 50% Fibonacci level further supports this bearish outlook. Additionally, analysis using Heikin Ashi candlesticks suggests a potential continuation of the downward movement. Furthermore, divergence observed during the retracement phase underscores the likelihood of a downward trajectory in the near term.
Short
by onlysignals
FTT Surges 13% on FTX Investors to Settle With Sam BankmanA group of FTX investors have filed a court document to settle with Sam Bankman-Fried, the founder and former CEO of FTX, under the condition that he provides relevant information about key firms and celebrities related to the defunct exchange before its collapse. The settlement terms include proof that Bankman-Fried's net worth is negative. If approved by the court, the agreement would discharge all claims against Bankman-Fried. According to a Bloomberg report, Bankman-Fried has agreed to cooperate with the class representatives to strengthen their case against celebrity promoters of FTX by providing confidential information about their involvement in raising FTX ratings before its eventual collapse in 2022. The list of celebrities includes Shaquille O'Neal, Stephen Curry, Lawrence Gene David, Tom Brady, Gisele Bundchen, and organizations such as MBA's Miami Heat franchises, SoftBank Group, Paradigm Operations LP, and many more. The agreement mandates that Bankman-Fried release certain documents alongside evidence of these people and organizations' involvement with FTX. He will also provide a financial statement of all his current assets and a sworn affidavit of all his financial assets, including an affidavit stating that his net worth is negative. The settlement comes after US Senator Elizabeth Warren demanded a full account of the several meetings between the head of the US Commodity & Futures Trading Commission (CFTC), Rostin Behnam, and Bankman-Fried before the FTX implosion. Bankman-Fried was convicted of wire fraud, securities fraud, and money laundering in November 2023, and on March 28, he was sentenced to 25 years in prison, with a forfeiture of $11 billion worth of assets to fund the repayment of the victims of the FTX collapse.
Long
by DEXWireNews
FTT Looking at Bullish Leg UpFTT is currently in a bearish cypher pattern but still needs to complete the pattern by finishing leg D up. Bullish Divergence on 4hr and 6hr - Highlighted by dashed green lines Both buy zones offer a major discount and sit in very bullsih previous blocks - Both in Blue Great risk to reward - See Long Set you stoplight even tighter if you wish for an even safer trade - If zone 2 breaks you could have you stop just below to limit loss On this coin remember the exchange it's associated with - FTX
Long
by TommyGun24
FTT/USDT Ready to Resume its Bullish Journey? 👀🚀 FTT Analysis💎Paradisers, keep an eye on #FTTUSDT. It’s at a key point, testing the support at $1.65. If it keeps going up, we could see a price jump. 💎The first resistance target is at $2.39 for the FTT. If the asset manages to Break this level it could lead to even bigger gains. 💎If #FTXToken starts to drop at this support level, we’re ready for a bounce back from a deeper support at $1.40. This area is known for its high trading volume and has often led to big upward moves for $FTT. 💎If the price falls below this extra support level, it could mean a shift to a bearish market, with more selling. Stay alert and flexible as we follow the changes in the #FTT market. Disclaimer : The token, #FTT, is associated with the FTX exchange. Please proceed with caution and conduct thorough research before trading.
Long
by MyCryptoParadise_Simon
FTX Founder Sam Bankman-Fried Sentenced to 25 yearsIn a shocking turn of events, cryptocurrency mogul Sam Bankman-Fried, the founder of FTX, has been handed a hefty 25-year prison sentence for charges including fraud and money laundering. The sentencing, delivered by Judge Lewis A. Kaplan in Manhattan federal court, marks a dramatic chapter in the saga of FTX's downfall. Witness testimonies during the trial painted a grim picture of FTX's inner workings, revealing a culture of risky financial practices and lax oversight. These revelations, coupled with damning evidence presented by prosecutors, led to Bankman-Fried's conviction on seven charges, sealing his fate for the next quarter-century. Prior to sentencing, Bankman-Fried offered a heartfelt apology to those affected by FTX's collapse, acknowledging the profound loss of trust and financial devastation endured by customers, investors, and employees alike. However, his apology could not sway the court from holding him accountable for his role in the debacle. The fallout from Bankman-Fried's sentencing extends far beyond the courtroom, sparking debates about the need for tighter regulatory oversight in the cryptocurrency industry. Many see this case as a cautionary tale, highlighting the potential risks inherent in unregulated financial markets. As FTX grapples with bankruptcy proceedings to recover lost funds and compensate creditors, the broader cryptocurrency community faces a reckoning. The episode serves as a stark reminder of the importance of transparency, accountability, and regulatory scrutiny in safeguarding investors and preserving trust in the digital asset landscape. But the question remains is there hope for TSX:FTT ? As regards the sentencing, the TSX:FTT token plummets by 4.72% trading below its respective moving averages. With a weak Relative Strength Index (RSI) of 45.
Short
by DEXWireNews
1
Alikze »» FTT | Completing the last corrective legIn the daily and weekly time, after a deep correction, it recovered a full movement cycle and then corrected the previous wave in the form of a double correction of 0.23 fibo. It is currently completing the microwaves, wave 2 of 3. 🔰 Therefore, I expect that no new floor will be created in the first phase. 🔰 In the second phase, this movement can continue its growth at least up to the range of 4.74. If it can break the first target, this ascending wave 3 or C will have the ability to reach the resistance targets specified on the chart. However, moving up to Fibo 1.618 can move the important supply area and the beginning of a deep correction. ⚠️ In addition, if it penetrates and stabilizes below Fibo 0.23, this movement scenario will be invalid. 🟩Sup:1.50 ⛳️Tp1 : 4.74 ⛳️Tp2 : 9.16 ⛳️Tp3 : 20.84 ⛳️Tp4 : 29.52 »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.❤️ »»»«««»»»«««»»»«««
Long
by alikze
1