#FTT #FTX TokenAfter the recent pump, it is being corrected in the resistance range of $5, which has now formed a contraction pattern, which according to the momentum and upward guard, if it exits from the top and pullback to the trend, it can reach the range of $9 in the first step, and if Break to the $20 range and continue its growth.
FTT
FTT: Forgive The Trickery - When SEC Overlooks Mischiefs 🎭🔍In a world where market dynamics often border on the theatrical, FTT token finds itself in the spotlight. 🌟 Let's dive into the nuances of this intriguing crypto token, against a backdrop of regulatory oversight and market maneuvers.
📉 A Closer Look at the Charts:
Shorting Opportunity at $7.8: Our analysis indicates a ripe shorting opportunity at around $7.8. This level is not just a number; it's a reflection of market sentiment and technical strength (or lack thereof).
Breakout Point - "Biden Revives the Zombie": In contrast, there's a breakout level which, if crossed, could lead to a significant surge in FTT's value. We're watching this space closely!
🌐 Contextual Insights:
The Binance and FTX Saga: Recent developments have seen traders shifting away from tokens like BNB and FTT. The reasons? Regulatory pressures and market uncertainty. This article sheds more light on the trend.
Regulatory Glare: The SEC's recent actions, especially the fine against Binance, have stirred the pot in the crypto world. Adding to this is the continuing saga of FTX and Sam Bankman-Fried, as detailed here.
🚦 Regulatory Oversight or Oversight?
The dance between the SEC and crypto entities like FTX is intricate. Are we witnessing a case of "forgive the trickery" as the SEC navigates through a maze of regulatory challenges and market realities?
How FTT maneuvers through these turbulent waters, amidst the SEC's gaze, could be a tell-tale sign of its future trajectory.
As the crypto market continues its unpredictable journey, FTT stands as a symbol of the complexities and intrigues that define this space. Whether it's regulatory challenges or market dynamics, FTT's path is one to watch. 📈
One Love,
The FXPROFESSOR ♡
ps. I would like to go SHORT on this one and post it as a Bearish idea but with Blackrock ready to enter and their need for an American exchange i do not dare... will trade it in due time, no worries!
FTX’s FTT Token Rallies 30% Prior FTX 2.0 FTT token continues to rally amid news of the FTX 2.0 reopening soon.
As the events at crypto exchange Binance unfold, FTX’s native FTT token has witnessed a mega price rally gaining over 55% over the last 48 hours. At press, the FTT token is trading 30% up at a price of $4.63.
FTT Token Whale Accumulation
FTX’s native token FTT has registered a staggering 337% growth on the monthly chart. Most of the gains have come over the last 10 days amid a heavy accumulation by the top 10 whale wallets. During this period, the FTT token market value is up by 255% vs. that of Bitcoin.
Investors in TSX:FTT are experiencing continued gains, as FTX’s native token sees a second surge following recent developments at Binance. The token’s value seems to have received a boost, evidenced by the 10 largest wallets accumulating $12.8 million worth of coins in just 19 days.
Binance Effect or FTX 2.0 Reopening?
FTX’s recent approach of liquidating assets and transferring substantial funds across different exchanges has triggered heightened activity in the cryptocurrency market. In a significant move, FTX and its affiliate, Alameda Research, executed a remarkable transfer of assets totaling $474 million.
This strategic step is part of a broader initiative aimed at handling the exchange’s financial responsibilities and potentially setting the stage for a new phase referred to as “FTX 2.0.” Notably, this action unfolds amid Binance’s $4.3 billion settlement with the United States Department of Justice.
The recent surge in FTT is remarkable, considering its relatively limited utility. This rally indicates substantial institutional interest, despite the token’s historical connection to FTX’s bankruptcy issues. Earlier in the month, FTT achieved a year-to-date high of $4.3, signaling a robust recovery from the previous year’s downturn and reflecting growing investor confidence in the potential launch of a revamped version of the trading platform.
In contrast, Binance’s BNB token witnessed a decline, experiencing a 13% drop to $235. The crypto exchange also witnessed a staggering $1 billion net outflows in a single day. Binance’s current challenges bear some resemblance, though not identical, to the issues FTX confronted last November, which eventually led to its collapse. The uncertainty surrounding Binance’s future, coupled with the clearer trajectory for FTX, has cast a positive outlook on FTT, garnering interest from both retail and institutional investors.
At press time, the FTT token has surged past its key resistance level of $4.408. If its price continues to sustain at those levels, it can rally to its next major resistance of $4.9 and even beyond.
FTT | FTX Token | Purchase zone from $ 1.3 and belowEntering a long position.
Repurchase of the instrument from $ 1.3 and below.
After consolidation at the level of $ 1.3, the instrument can give an excellent profit.
FTT/USDT 1D. Channel. Cycles. Accumulation. Idea.Idea on the secondary trend of the FTT token of "scam exchange" FTX.
After the FTX scam horizontal channel started to form. There were 2 accumulations zones which lasted each 30 days ~(1 month). After that the pump followed.
Now the price is between this 2 accumulation zones(buffer zone) for 3 months already.
After first pump local dip formed, after which another pump(2nd wave) followed. This wave formed local cycle at the duration of 32 days. Shown on the chart.
Above the chart each period is described. Below - what happened at each point of a new cycle.
Lately, after each new cycle(beginning since Aug 18) - we've seen price increase from 30 to 40%.
This 3 local pump waves formed an ascending triangle(bullish formation). Next cycle is on Nov. 22. 15 November is the date of listening for FTX case.
So, what do you think more likely - rise to somewhere about 2.2022$ zone(89.6% from current)?
Or the dump to the support of the "outer" channel to about 0.8088$ zone(-30.81%)?
By the way, since the beginning of the last local cycle - we've seen a significant increase in volume(Bitget exchange). Local resistance of the triangle is 1.22-1.33$$ zone.
FTT - will be 20$? (ukrainian language in video, read describe)If you turn on 4 hours and look at the FTT chart, you will see how much the majority of the miners were breaking and taking their coins, I'm sure that the market makers have about 90% of all coins, which allows them to drive the price very high without any interference. Any price, any bullish trend has distribution stages, we will be selling on the 4th distribution stage. That is, strong growth, a sideways drain, further growth, and so on until there are 3 such stages, then we will think about exiting the coin. Most people will start buying back FTT when it is already very high and when FTX is bought back, it will be the time to think about where to fix, but before that, after the buyback, I will expect another 300-700% pumping
FTTUSD: Strong sell.FTTUSD turned vastly overbought on the 1D timeframe (RSI = 84.499, MACD = 0.086, ADX = 31.969) as on today's incredibly strong candle, it hit the bottom of the R1 Zone. This is the best sell entry on an 11 month basis. We are targeting the HL trendline, not lower than the S1 level (TP = 1.15000).
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🔥FTX RESTART CAN SEND THE TOKEN TO NEW HIGHSFTT has $300M cap altcoin can easily grow by a 5-10x pump to $1-3B cap on exchange restart.
The bankrupt crypto exchange plans to repay its creditors in fiat. Let me remind you that they recovered $7 billion worth of assets to it's customers. It seems to me that this is the preparation for the restart (FTX 2.0).
Low of the channel is a good place to add FTT to your portfolio.
Top of the channel is a good place to reduce your number of FTX tokens.
💥ready? The wide liquidity gap is waiting for FTX2.0.
Hi, I see A very good Swing trade opportunityHi, I see A very good Swing trade opportunity
Risk Reward is very good
Some of you will say FTT is doomed, will I am a chart analyst, and there is a very good sign of accumulation in the chart.
The SL is around the corner (-15%) with almost 700% possible gain , so it worth the risk.
good luck every one
$FTT FTX CUP AND HANDLE Pattern!TSX:FTT ftx price action is now printing a cup and handle pattern after finding support at $1.
Only two things can happen:
$FTX neckline resistance above is btw 1.20 - 1.24
Price action can continue to to neckline resistance to complete the cup and handle pattern and proceed higher.
Up resistances: 1.1, 1.14, 1.33, 1.38, 1.45, 1.54, 1.62. OR
Or retest lower supports: 1.00, 0.95, 0.86
#FTX Current Price: 1.06
CELR SEEMS TO GO GAME OVER A CRASH LIKE LUNA AND FTT DIDThanks for reading this update, please remember that this is not trading advice.
We expect that CELR is the next coin that will see a next free fall and game-over trend. Since the big exchanges have played the round.
We see on low time increase but this means noting for the real trend, we did expect before more crash trends on other coins.
The fake volume increase is the reason for the start of the crash. It is all about smart money and transaction data in combination with top whale holding.
The market cap and holders decrease, and the last data shows a connection with the FTT and Luna trend.
CELR is at this moment on a very risky trend as data shows and can be the next fall coins with the game over as Luna and FTT did. If this happens we expect that we will see soon a big free fall and crash trend on Celr like Luna and FTT did.
We did use the same tools to expect the crash we did before on Luna and FTT crash.
The big rule in trading, when a coin loses more than 80% of its value will stay a very risky coin even if it has a small time frame increase.
We have added what we expect, and time will learn what will happen with CELR.
This update is our view and means not to use it as trading advice.
The best traders in the world are traders who can read early data and expect a high chance of what the market can do . Nobody will be able 100% to be right, but with more chance, you can see the side.
* This crash expecting is by ASIA trend and on USDT pairs since its 94% of holding.
FTT| Dark fundamental FTX and technical development!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
The FTT coin is still showing signs of life, you can try to take a short position with a small gain, distribute the takes yourself, I set it to the 0.618 level, I think we will get there soon...
Deal plan:
Entry - 1.260/1.307
Stop - $1.385
Take - 1.126
Satochi -- IS THERE A HUGE INCREASE COMING ON FTT?Thank you for reading our update. Please keep in mind that this is not trading advice.
There is still a 400M market cap + max supply and it's not possible to mint more coins.
Will we witness a similar impact on Luna's price, like the one it experienced when it increased to $7 after the huge fall? What could be the reason behind the data showing buy orders at $11 USD on FTT? Typically, it seems unlikely that Luna has a chance of rebounding to $11 after such a significant decline, especially given the current trends in this risky coin, FTT.
Data and technical analysis (TA) play a crucial role in trading, sometimes offering insights into patterns. Is there a substantial price increase anticipated in the upcoming days for FTT?
We will closely monitor FTT to see if it can achieve a price increase.
FTT (FTX) WHY THE CHART TA SHOWING A INCREASE?Thank you for reading our update. Please keep in mind that this is not trading advice.
FTT is considered one of the riskier cryptocurrencies. After its recent drop, it has remained relatively stable for a while. The latest data suggests that FTT could potentially rise back to the $2 level.
Should we view this technical analysis alert as a chance for the coin to rebound? Trading always involves uncertainty, so we'll keep an eye on FTT in the near future to see if it unexpectedly climbs back to $2.
There is a high market cap that still is activating on the FTT..
'Is there a news known that we don't know, or is this just a fake signal from the TA.. we will see.
❗ WATCH OUT 👎 SCAMS & WORST Crypto's for 2023Hi Traders, Investors and Speculators of Charts📈📉
Many of these projects might come as a shock and be disappointing.
As the markets evolved and crypto regulation has taken a more prominent stance; scammers have had to become smarter. The latest trend seems to be a rug pull and then just let the rest of the project's liquidity bleed out. In other words, remain borderline active as they drain more and more funds over a longer time.
Hundreds if not thousands of new cryptocurrencies launch monthly. All with big promises of use case, flashing tech and a stock-standard wide mouthed YouTube guy telling you how high it will moon. With these new tokens and coins also comes many initial coin offerings (ICOs) that are often scams. The demand for these have grown, even despite the fact that many people get rugpulled. This mostly unregulated market makes for a perfect place to scam innocent people out of their money, with little consequences to the thieves. When it comes to cryptocurrencies, one of the biggest challenges for investors is not getting caught up in the hype. Digital currencies have quickly risen to prominence in the portfolios of many retail and institutional investors. At the same time, people are still shocked when something like LUNAUSDT / TERRA happens.
📛 C+CHARGE / CCHG USDT 📛
Initially, the fundamentals sounded noble. But after some research, most members of the team are unverified and there has been no real project activity since late 2022. Apart from this, a coin that loses near 100% is ALWAYS a bad sign and indicates a rugpull, more than anything else.
📛 LUNC As seen on the chart / Terra Classic 📛
A noble rescue at first... TerraClassic community continues to create social media buzz based on the idea that brokerages listing LUNC will implement a burn tax that'll reduce the max supply of close to 6.9 trillion tokens. But even burning billions of coins won't have an impact with a max token supply this large.
The bigger problem is that TerraClassicUSD has de-pegged and its native coin Terra Classic no longer serves any purpose. With all blockchain work now revolving around the new Terra, Terra Classic and TerraClassicUSD are shell investments, with nothing to back their value.
📛 FTT / FTX Token📛
Why Kukcoin hasn't delisted this is beyond me... Te infamous token of the Sam Bankman Fried saga, more on it here:
📛BURGER / BURGER COIN 📛
. .. REALLY ?
📛 PIZZA 📛
AGAIN, really...
📛 Bitcoin Gold / BTGUSDT 📛
Bitcoin blockchain underwent a fork in 2017 called BTG. Although the fork was meant to produce a more decentralized form of Bitcoin, it has not been successful. BTG was created to address the issue of mining centralization in Bitcoin, but it has not been able to achieve its goal due to the emergence of specialized mining hardware.
Just DON'T. DON'T DO IT. Buy the real thing instead.
📛 PITBULL / PIT 📛
I'm letting the dogs out on this one.. That decimal is basically falling off my screen.
📛 BLUR / BLURUSDT 📛
__________________________
💭 All the above said. Let's discuss a few ways to navigate this wild west market:
- Research the team . Perhaps the single most important success factor for any ICO or cryptocurrency is the developers and administrative team behind the project. Check out their Twitter and Reddit. The cryptocurrency space is dominated by major names, with superstar developers like Ethereum ETHUSDT founder Vitalik Buterin capable of making or breaking new projects simply by having their names listed on a development team. For that reason, it's increasingly common for scammers to invent fake founders and biographies for their projects.
- Check the whitepaper. The whitepaper should lay out the background, goals, strategy, concerns, and timeline for implementation for any blockchain-related project. Whitepapers can be incredibly revealing: companies that have a flashy website may reveal they lack a fundamentally sound concept. On the other hand, a company with a website containing spelling errors may have a whitepaper that indicates a rock-solid concept and a carefully conceived implementation plan.
- It it sounds too good to be true, it probably is. The idea of getting rich quick on an investment in a hot new project sure is tempting. Keep an eye out as you look for new investment opportunities in the ICO and cryptocurrency spaces. Spend time scrutinizing every detail, and assume that the absence of a piece of crucial information may be an attempt to hide an unsound model or concept. Look for outside sources to verify the legitimacy of any project before making an investment.
_______________________
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CryptoCheck
PANCAKESWAP:CCHGUSDT_A8BAB1 BINANCE:LUNCUSDT BINANCE:LUNCBUSD KUCOIN:FTTUSDT BINANCE:BURGERUSDT MEXC:PPIZZAUSDT OKX:BLURUSDT OKX:PITUSDT BYBIT:BTGUSDT
FTTUSD Rebounding off the 1D MA200 and targeting the 2023 High.FTTUSD, the FTX Token, held the 1D MA200 and since yesterday it is rebounding with aggression on a 1D timeframe that turned bullish again (RSI = 61.498, MACD = 0.102, ADX = 42.568). As the LMACD is about to form a Bullish Cross, this leg is the second wave of the rally to the R1 we spoke of last month. We are therefore adding an extra long, targeting the Resistance (TP = 2.7000).
Prior idea:
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Can FTT trash turn into phoenix and give 1500%? 🦄 In 2022, one of the most significant events that turn crypto markets is the collapse of FTX exchange.
However, native token of this exchange is still traded on some other exchanges.
It may seem funny, but probably this trash wrapper can be resurrected and give fantastic profit. Why? 🤨
In recent months, several news have come out that the company is returning part of assets to its investors.
And this is really surprising, because according to bankruptcy article, under which this company went, they may not do this.
The strange thing is that in 9 months native FTT token has not yet been delisted from many crypto exchanges.
Why trade token of an exchange that has not existed for 9 months? 🤔
In a couple of minutes you will understand everything.
The fact is that FTX owes more than $ 3 billion to its largest creditors.
Of these, it owes almost $1.5 billion to the 10 largest funds.
In total, FTX can have over 10,000 creditors!
All of them are interested in returning this debt.
Such large funds and exchanges once invested in FTX: Binance, Sequoia, Multicoin and Kraken Ventures, etc.
And such big players dont like to lose money.
And recently there was news that FTX may restart in soon future 🎪
Yes, I understand that all this sounds extremely unconvincing and I myself did not believe in it until I saw it ...
🤯 Look at this chart 👆
After exchange went bankrupt - trading volumes of the native BYBIT:FTTUSDT token increased significantly.
There were no such volumes even during existence of exchange!
Moreover, such volumes are not on one, but on all exchanges where this token is traded.
Some big players is collect coins from market very cheap.
Probably in future there will be news that the exchange is restarting and under this news people will massively run to buy coins, inflating the price, and those who bought them in advance (at current prices) will sell them to market, thereby having an incredible profit 💸
If you believe that such a scenario is possible, its logical to buy quite a few coins in order to increase capital.
When buying from current prices ($ 1.6), the coin can give up to +1500% when the scenario is implemented.
When buying a coin from the lower limit ($0.8) - the transaction can bring up to 3000%!
🪄 That is, $100 can turn into $1500 ✨
What about risk?
The exchange has already gone bankrupt, what could be worse? 🤠
But remember that this is an extremely risky transaction and you can lose all invested funds, so no “meatballs”, only money that is not afraid to lose.
If you are interested analysis of other assets - please write about it in comments. Also, don't forget to subscribe to my channels to stay up to date with profitable ideas 🦄
The Potential Revival of FTX: A Bet on FTT - FTX 2.0Another fairly simple idea... Buying FTT with the expectation that FTX 2.0 will be launched. Some major players in the crypto space are pushing for the relaunch of the exchange, and this account is from a coalition of FTX traders that want to revive the exchange. twitter.com
I believe that the exchange can be relaunched. Why? What would be the benefit? It would be a clean slate. No issues with regulators and a huge customer base. If the FTT token remains, then it wouldn't be a security.
Relaunching the exchange when other exchanges are under pressure and the SEC is cornered is the best time to do it. It's one of the ways to give money back to customers slowly and have people trade on it. Allowing creditors to trade their claims, distributing illiquid holdings rather than selling them for nothing, and having a solid community that wants to see the exchange succeed would greatly benefit everyone involved.
As I mentioned in my recent ideas, the SEC is cornered; they will try to do anything they can to regain trust and stability. For example, they 'postponed' a fine on BlockFi to help their customers get more money back. With many new traditional firms wanting to enter the game, it would be easy to sell FTX and have it relaunched. The SEC has done a lot to damage ordinary crypto users with all of its mistakes and aggressive policies, and it is now at a point where it will be forced to soften its tone.
Maybe FTT goes to 0 if the token becomes useless either because the exchange isn't relaunched or if it's relaunched, it's relaunched without the use of FTT. However, if it is used for anything, if the exchange relaunches, it could rally hard from here. Under new management, it could even trade back to where it was before the collapse. Overall, FTT is a potential 5-10x from here, as it's trading on most exchanges outside the US, isn't trading on US exchanges (won't be delisted), and probably won't be deemed a security by the SEC.
To close things up, FTTUSD is in a range. It first took out its high at 3$ and then its low at 0.8$. Therefore the next move from here is going to be higher. FTTBTC is showing massive bullish divergence and is slowly trying to reverse its bearish trend. Putting a small amount in FTT and forgetting about it, like a mini investment or long-term call option, is probably a good idea.
The Potential Revival of FTX: A bet on FTT - FTX 2.0Hey guys, my idea on FTT got banned. This is a repost of the idea without the part that got it banned. I initially shared the idea when FTT was at 1.32$, and it's now at 2$. In case they unban it, this is the idea. That's the link to my idea
My only other proof is the screenshots I shared, but that's the only thing I could do. I am quite upset because it was a perfect idea right before the announcement that efforts to revive the exchange were official and the process was on. I tried to contact the moderators here, but they insist that because I shared a link, my idea had to be banned. My idea got banned because I mentioned the account of a coalition of some FTX creditors who have been trying to resurrect the exchange for months. Again, I don't get that policy, especially as Tradingview allows people to share links on these ideas, but these are the rules. All I have to say, is if you are sharing any ideas, make sure you don't share links from outside sources.
The idea
'Buying FTT with the expectation that FTX 2.0 will be launched. Some major players in the crypto space are pushing for the relaunch of the exchange, and this account is from a coalition of FTX traders that want to revive the exchange.
I believe that the exchange can be relaunched. Why? What would be the benefit? It would be a clean slate. No issues with regulators and a huge customer base. If the FTT token remains, then it wouldn't be a security.
Relaunching the exchange when other exchanges are under pressure and the SEC is cornered is the best time to do it. It's one of the ways to give money back to customers slowly and have people trade on it. Allowing creditors to trade their claims, distributing illiquid holdings rather than selling them for nothing, and having a solid community that wants to see the exchange succeed would greatly benefit everyone involved.
As I mentioned in my recent ideas, the SEC is cornered; they will try to do anything they can to regain trust and stability. For example, they 'postponed' a fine on BlockFi to help their customers get more money back. With many new traditional firms wanting to enter the game, it would be easy to sell FTX and have it relaunched. The SEC has done a lot to damage ordinary crypto users with all of its mistakes and aggressive policies, and it is now at a point where it will be forced to soften its tone.
Maybe FTT goes to 0 if the token becomes useless either because the exchange isn't relaunched or if it's relaunched, it's relaunched without the use of FTT. However, if it is used for anything, if the exchange relaunches, it could rally hard from here. Under new management, it could even trade back to where it was before the collapse. Overall, FTT is a potential 5-10x from here, as it's trading on most exchanges outside the US, isn't trading on US exchanges (won't be delisted), and probably won't be deemed a security by the SEC.
To close things up, FTTUSD is in a range. It first took out its high at 3$ and then its low at 0.8$. Therefore the next move from here is going to be higher. FTTBTC is showing massive bullish divergence and is slowly trying to reverse its bearish trend. Putting a small amount in FTT and forgetting about it, like a mini investment or long-term call option, is probably a good idea.