FTT will go to the moon($10+, 600%+)According to the chart, we will see Ftt will go to the moon, maybe it pump from the next week,
and ftt price will touch $10 in the next three weeks.
The party will come.
Hold is never easy, Good Luck : )
FTTBUSD
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 $0 and minus on futures?
The Dead Cat Bounce Technical Analyis:
* Elliot Wave Flat Correction: Primary A-B-C (red)
* Harmonic Pattern: Bullish Cypher
* 88.6% Fibonacci Retracement
* 200% Fibonacci Extension
* Demand Zone
Can this deliver at least a Dead Cat Bounce move?
Or is this coin gonna be wiped out?
What if somehow it's gonna be rescued?
It will be the biggest come-back in the Crypto history...
FTTBUSD TOKEN PUMP 127% , NEXT MOVEFTT coin almost pump upto 127% in last 24 hours... and touch its resitance area at 3$.
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.
FTT for long, against the Corn I think, it's go for 5 wave, after out of consolidation in triangle of wave 4, and could take from 3,2 to 3,448 usd.
NFA, only viewing.
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
FTX Token Analyze (Dead Cat Bounce)!!!🐈After the scandal that happened to the FTX Token project, and you are all aware of it, the FTT token is called a dead token, and in the financial markets, these types of assets are also called 🐈dead cats🐈, but these dead cats sometimes have jumps. It seems that the FTT token is looking for a jump of at least 30% to the resistance zone with the formation of a triple bottom pattern (or Inverted head and shoulders pattern) that we can use.
FTX Token Analyze (FTTBUSD) Timeframe 4H⏰.
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How Sam Bankman got Fried Hi Traders, Investors and Speculators 📈📉
Losing $22 Billion in one day is probably a record for the books. Let's take a closer look at the Sam Bankman-Fried story...
At 30, SBF is(was) the youngest billionaire in the US. In 5 years, he managed to start the fastest growing DEX (FTX), as well as Alameda Research. He is also well connected. VERY well connected, with political ties to big names such as actors including Tom Brady, Naomi Osaka and financial institutions including Coinbase Ventures and Binance Labs. So how is it then that he got burnt and lost it all overnight? Let's take a closer look at the intricacies.
First, let's take a closer look at just how big and interconnected FTX really was:
💰 44 Active investors deposit $1.8 Billion in just a year
💰 Celeb Ambassadors including actors such as Stephen Curry, Tom Brady and Naomi Osaka
...hopefully we've learnt our lesson about trusting actors on crypto with Matt Damon on BTC and Ashton Kutcher with his XRP endorsement right before major crashes.... no?
💰 FTX has a combined value of $40 Billion in 2022
💰 FTX sponsors Mercedes in F1
💰 FTX sponsors Major League Baseball, FTX printed on all shirts (guess who's getting a new wardrobe...)
💰 Fortune Magazine Face - "Next Warren Buffet"
After the SEC forced shutdown in 2018 of crypto exchange broker 1Broker, many crypto moguls decided to take their companies elsewhere. This is also true for Sam, who decided to open FTX in Hong Kong later moving to Bahamas, away from the restrictions and regulations of the US. Binance followed a similar path, later moving it's company from China to Cayman Islands. SBF continues to keep favor with the US as he makes large contributions to Joe Biden's campaign, over $11 million. He reportedly spent over $47 million supporting democratic political campaigns. SBF networking progresses and he often testified to congress about how crypto regulations should proceed, even though he moves his business to the Bahamas (not the US). He positions himself as the voice of reasoning for the future of crypto regulations. During 2021, SBF reaches the peak of his wealth and fame. He nd 9 other youngsters are leading the FTX empire from the penthouse in the Bahamas.
Some say he became overconfident, others say he was sloppy. It seems as though the start of his downfall was due to Rival, CZ from Binance. Back in 2019, CZ hinted on Twitter that SBF was involved in an attempted attack on Binance futures platform. CZ later drives down the price of FTT by publicly stating their exit from FTX after "certain revelations came to light". SBF responds with a tweet "you won, well played".
When the bear market arrives late 2021, SBF is portrayed as a saint as he "invests hundreds of millions" in companies such as BlockFi, Voyager and Celcius whilst they face liquidity problems. A research report from September 2022, reveals a different story. He, infact, invest miniscule amounts or even nothing at all to help these companies! But this article does not make headlines, yet. Then a whistle blower breaks the news - Alameda Research uses $10 billion of customers FTX funds to make a risky investment, which is totally illegal. This is the complete opposite of the terms and conditions on his website as well as the opposite of what he said to Congress during his talks about how regulations should be. This is where the saying "not your keys, not your crytpo" shines. Crypto users and SBF fans are heart broken... How could he??
The final blow: Recently, continuous rivalry on crypto twitter between CZ and SBF fuels the price drops on FTT as CZ claims to sell all remaining tokens. Alameda Research (one of the 9) jumps in and claims to "buy back" whatever CZ has left to sell. But then, another stroke of bad luck - the balance sheets of Alameda Research leaks. As it turns out, they have NO liquidity, especially not enough to make any FTX buyback. And so, overnight, the price drops a whopping 89% and there goes most of SBF's wealth.
Final Thoughts...
If you're smart enough, have the right support structures and a great PR team, you can grow your fortune with fake virtue signaling. Infact, many philanthropes ( unlike Jeff Bezos 's ex wife whom you probably don't even know about ) will only donate when the camera's are on. They also ensure that they are highlighted as kind hearted saints by the media. They do whatever it takes to hide all the corruption and money laundering behind the scenes. SBF was portrayed as the humble, young billionaire face op crypto, and everyone wanted him in their corner due to his trading brilliance and profitable partnerships. Sometimes, however, when the bad deeds start outweighing the good ones exponentially, it becomes increasingly hard to hide the true events from the public .It has, somehow, come to light that instead of being a humble and charitable public servant, SBF was the leader of a group of kids living the highlife in a penthouse in the Bahamas. Misusing funds for corruption and illegal activities including but not limited to money laundering. And so came the fall of Sam Bankman Fried. His downfall involves deception, illegal activities, large political contributions and the misuse of customer funds. It is noteworthy that most of his wealth was in FTT, native crypto to FTX decentralized exchange (DEX) .
💭...This is no uncommon thing. Many people do the same illegal stuff, probably even on a larger scale but somehow, SBF got burnt. You can't help but wonder... Who Fried Sam Bankman ?
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CryptoCheck
12 sep 2022 / FTX token / FTTBUSDPERP I would like to share a short-term idea of FTX TOKEN.
Under the premise that Bitcoin's upward trend is maintained
The 0.33 (27.257) retracement section found support
50 days and 100 days EMA to the regular arrangement section after the golden cross
We are predicting a break above the short-term high of 28.366.
thanks.
FTT bull caseFTX Token is trying to break out of this falling wedge (yellow) and may be forming Inverted Head and Shoulders🤷 on the Daily timeframe. If price breaks the falling wedge upper edge and then the Neckline I think there is chance for run to 68 and even higher. Actually in anticipation of this happening I'm already looking for buy signals on lower timeframe (2h) and I see another potential Inverted Head and Shoulders in the making:
Once the Neckline of this smaller iH&S (2h)☝️ is broken I will set the BUY LIMIT order to catch the pullback to Neckline (testing it from above) as shown on the 2h TF picture.
ENTRY : Backtest of the broken Neckline (2h) @ 43.5
STOPLOSS (SL) : Right Shoulder (iH&S Daily) = Head (iH&S 2h) @ 37.3
TARGETS (TP) : Inverted H&S target projections @ 49.5 & 68
REWARD RISK RATIO (RRR) : 1 & 4
INVALIDATION : when SL level hit
Check my other stuff in related ideas.
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.