FTX Token / TetherUSShort
FTT to lose another 70%?
Updated
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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.
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.
Note
So FTT is now already almost -50% down since I posted this idea! As the FTTUSDT pair has been delisted from Binance, you can't "play" this idea anymore, it doesn't load the new data. Anyway here👇 comes new bearish setup, check it out!
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