FTT
FTX Restarting...Price Road Map
hey traders, if FTX to relaunch then this chart might be a good and valid as a price road map.
if the move is ideal then on early August 2023 might hit "wave V" target.
the invalidation line is on chart.
if you like it then hit the like/ Boost button :-)
good luck
FTT chart analysis FTT / BUSD
The coin made a new low last few days and recently reclaimed the its key support
(Stoploss / liquidity taken )Many coins make such move at the bottom before major rise
The price must hold above blue support in weekly basis otherwise it will drop again
Note 1: trading this coin is considered a very high risk so if you want to trade it use small amount with strict risk management
Note 2 : any fundamentals news (good or bad about FTX will have great effects on price action
Many asked me about TSX:FTT hope this helps
Thanks
FTT Resurrection - The Dead Cat BounceThey have a saying: "From zero to hero".
FTTUSD did the opposite: "From hero to zero". :))
Actually, the same potential rug-pull as LUNAUSD & USTUSD did..
It's doomed, dead coin, money gone, investors and holders smashed.
Or is it?
What if a miracle happens?
Do you believe in miracles?
Remember how LUNC & LUNA somehow still managed to get a pulse?
Remember the Covid Crash, and how Crude Oil USOIL hit $0 and minus on futures?
The Dead Cat Bounce Technical Analyis:
* Elliot Wave Flat Correction: Primary A-B-C (red)
* Harmonic Pattern: Bullish Cypher
* 88.6% Fibonacci Retracement
* 200% Fibonacci Extension
* Demand Zone
Can this deliver at least a Dead Cat Bounce move?
Or is this coin gonna be wiped out?
What if somehow it's gonna be rescued?
It will be the biggest come-back in the Crypto history...
FTT - FUD ON THE ABYSSThe "FTT token" is the native cryptocurrency token of the trading platform FTX.
> Sam Bankman-Fried is one of the founders of the platform and is considered the "young Elon Musk" in community circles.
> For some time, "rumors / speculations" started that the separate company behind FTX = ALAMEDA (investment fund) might be insolvent. (both companies are owned by Sam Bankman-Fried).
> The reason is lack of liquidity of ALAMEDA balance sheet, which consists of Illiquid crypto collateral, + lack of cash reserves.
> After asking for evidence, the answer was indirectly dodged.
Yesterday, the founder of BINANCE had announced on Twitter that he will liquidate his existing FTT tokens.
As a reason for his decision, he cited a lack of trust and looking back at the last "disasters" with "Celsius", "LUNA" + "3Arrow", he does not want to expose himself to any additional risk.
It should be noted that the announcement of the Binance founder from the timing, a supposed death blow - Spartan scale resembles.
> With this he poured oil on the existing fire and the situation could escalate at any time.
> Should there be a "bank run" on the company + the token here if necessary, you can in the following analysis, get a picture of the possible crash.
The probability that this problem will be solved is of course in the room, a possible "loss of face" Sam / FTX / ALAMEDA - can no longer afford.
> Result = wait and see and rather stay out of trading - that will end in liquidation, both directions. .
We are, with the course, at several last SUPPORT levels.
> Should these be significantly broken, it will be a fast descent!
> If the rumors are true, this will additionally mean another sell-off for the crypto markets.
RELEVANT LEVEL
- 22.00 USD
- 20.00 USD
- 19.82 USD (SIGNIFICANT BREAK = crash)
WEEKLY VIEW
3 DAY VIEW
DAY VIEW
> Feel free to discuss it in the comments and share our perspectives, I'd be "burning" to hear your take on the whole thing.
If this idea and explanation has added value to you, I would be very happy to receive a review of it.
Thank you and happy trading!
Awaiting regrowth FTTKUCOIN:FTTUSDT
With the investigations done in terms of time analysis, we determined two dates for the rise (green color) and two dates for the price drop (red color) in the chart.
We expect the price to start increasing when it reaches our target date.
Part of the chart is repeated from the past
FTTFtx relaunch in next 30 days. FTT will rise again and go to 5$.
They have on their hands almost all the debts that they owe.
Nobody expects such an outcome. Everyone thinks this is the end. But everyone is wrong.
Binance pretends that the token is on the verge of delisting) Binance is one of the largest holders of the token. And most of all are interested in restarting of FTX.
FTT an easy quick mini profitHere' s a mini opportunity for a mini move from FTT token. Momentum seems ready for a short time period. I don' t expect a huge pump but this may be profitable if BTC does not dump further. Pricing below 1.78 is the invalidation and SL of this scenario. Good luck!
Not financial advice.
FTT midterm potential FTT / BUSD
Price is playing in ascending broadening wedge and it seems it found its support
Potential target for this pattern is 5$-6$
Support in my chart must hold to remain bullish
Strong disbelief can lead to strong recovery
Will FTT comes back again ?
Its High risk high reward setup
Best of wishes
FTTBUSD TOKEN PUMP 127% , NEXT MOVEFTT coin almost pump upto 127% in last 24 hours... and touch its resitance area at 3$.
failed to break its resistance area at 3$.
now possible we see again bounce back in ftt coin price from 2$-1.80$.
if you buy ftt coin few days ago around 1.20$ then book your profits and waite for correction.
if according to latest news ftx exchange relounch in Q2. then we see huge pump in ftt coin price in next 1-2 month.
i will invest 5-8% of my portfolio in ftt coin according to shared analysis.
if you want then invest at your own risk.
do your own resaerch before follow me.
follow me for latest updates about crypto.
FTX Discloses Significant Asset Shortfall in Company's PresentatAfter extensive efforts, the leader of FTX and FTX US has reported the discovery of billions of dollars in debt on both exchanges.
FTX US, a leading digital asset platform, has announced a total of $374 million in assets, with the majority of the sum held in associated accounts. This marks a significant increase in the platform's financial stability since its establishment. Additionally, FTX has reported positive results for its less liquid "Category B Assets", including its own FTX Token (FTT).
However, FTX wallets have a net borrowing of $9.3 billion from its sister trading firm, Alameda Research, with FTX US owing Alameda $107 million. This suggests an increasing financial connection between the two firms and may have important implications for the cryptocurrency industry.
Meanwhile, FTX Japan users have welcomed the news of the platform's ability to withdraw funds as an "escape" from the platform.
In terms of corporate leadership, John J. Ray III, the chief restructuring officer and CEO of FTX, has emphasized the company's commitment to transparency and public disclosure.
It has taken a huge effort to get this far. The exchanges' assets were highly commingled, and their books and records are incomplete and , in many Cases, totally absent.
In contrast, Nishad Singh, a former engineering director at FTX, has pleaded guilty to multiple counts of fraud in a US district court and now faces potential prison time and fines.
Finally, the US Justice Department is facing increased pressure as billionaire trader Sam Singh has filed a plea to halt the investigation into the cryptocurrency industry led by rival billionaire Mike Bankman-Fried, following news of several close associates agreeing to cooperate with prosecutors.
Note: This article was written by an independent author and does not represent the publisher's views.
If you find my content useful, please consider liking and sharing it.
Additionally, I encourage you to follow me for future real-time updates on the cryptocurrency market.
Thank you for your support.
SBF hit with 4 new criminal charges, downwards breakoutNews has just come out over the past 2 days that SBF has been hit with 4 new criminal charges. On top of that, the chart screams dump on its own too. We just broke down after a fake exit pump to $2 a couple of days ago. This coin is a bottomless pit, similar to LUNA. Basically short it to 0. Aim for a new low for sure, but at the very least aim for $1. Be wary of fake exit pumps. It wil dump for sure, but you might get liquidated if you're overleveraged and the price get manipulated up by whales in order to dump.
$FTT - don't FADE FTTHello my Fellow TraderZ,
With the awakening of #SOL in first leg, #FTX native token $FTT also pumped 3.5x.
Now, I'm anticipating another leg from #SOLANA, so from $FTT.
$FTT is forming a nice BULLISH FLAG on 4 HTF, breakout will send it to the recent High of January near around $2.8 for 50% + gains.
Keep thin on your watchlist.
CHEERS!!!
Ftt opportunityStrong disbelief sometimes brings lot of profit. FTT is great example.
High risk/High reward trade.
- big part of supply is locked
- 10% in circulation
- cz will not dump on people
- any good news pump coin
- big chance of ftx restart
FTT/BTCDo you like FTX exchange? Me yes, because you can withdraw BTC for free (besides).
Their FTT token can be staked to take advantage of discounts on trading fees, etc.
Now, I think it's a good time to start accumulating FTT.
As always, I'm primarily interested in BTC, however, long-term holding of FTT will not spoil anything, I believe that the investment will return.
There are not many similar declines in price history.
Good business = good investment.
Coinbase - LOWEST WEEKLY VOLUME - Bull TrapThe weekly gapped up on the lowest weekly volume since April 2022. Moves without volume are suspect. At the same time of the spike, notice ADX just rolled over hard. NO TREND. The 4hr. is extremely overbought and the 1hr. has turned over. EXPECT A HARD SELLOFF in all crypto simp coins. The bull trap is set.
FTT/USD (FTX, Alameda Research). Secondary trend.Secondary trend. Time frame 3 days. Logarithm.
Coinmarketcap: FTX Token
This is how this zone looks on the linear price chart.
Main trend
FTT/USD (FTX, Alameda Research). Main trend.
Comparison with BNB is in the main trend.
Cycles Exchange giants FTT (FTX, Alameda Research)+BNB (Binance)
Local work
FTT/USD Local work in the reversal zone