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FTT

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: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:FTTUSDLong
by InvestingScope
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 🦄
Long
by Dorado_Crypto
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$. Therefore the next move from here is going to be higher. FTTBTC is showing massive bullish divergence and is slowly trying to reverse its bearish trend. Putting a small amount in FTT and forgetting about it, like a mini investment or long-term call option, is probably a good idea.
CRYPTO:FTTUSDLong
by BitcoinMacro
2
The Potential Revival of FTX: A bet on FTT - FTX 2.0Hey guys, my idea on FTT got banned. This is a repost of the idea without the part that got it banned. I initially shared the idea when FTT was at 1.32$, 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.
CRYPTO:FTTUSDLong
by BitcoinMacro
FTT wants to break accumulation zoneFTT / BUSD We made 166% profits from absolute bottom in my last analysis about #FTT , check here my old idea : Here what i think now : the movement is too strong , price wants to breakout long accumulation . And if that happens a movement like BCH will occur (Only a valid breakout to make such movement ) We need good news/announcements about FTX to fuel this pump much more Note : trading this token is risky I think FTX will make comeback at somehow Do you think the same ? Share with me in comment section below ⬇️
FLong
by Babenski
11
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
F
by Babenski
39
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...
FTX:FTTUSD
by Lionheart-EWA
2
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!
FTX:FTTUSD
by ZielIstDieAutarkie
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.
FLong
by CRYPTOPLAYERS-01
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.
Education
by CryptoPatel
1
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.
Short
by jariii