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FTTUSDT trade ideas

$FTT - Perfect long plan for a dead coin?TSX:FTT reacted well to the psychological support of 1usd, it's all time low! Price pumped agressively to 6usd in a few weeks and came into a downtrend ever since. But price seems to be willing to make a change of trend, and it broke out from a diagonal resistance. Currently not yet giving us a CHoCH. But I like what I see in the chart. And anything below 1 usd seems to be a good stop loss point, I wouldn't mind getting in a long if the price goes down to 1.45,1.5 usd. Let's see if FTX coin comes out of the dead for no reason.
Long
by fortune_00
2
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