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🔥 Future FTT price FTX token under threat 👇Why the FTTUSDT price directly depends on the result of the "showdown" between Binance CZ CEO and Sam Bankman-Fried with FTX ? On 06.11 evening, the head of Binance published a series of tweets in which he wrote that Binance as part of a strategy to exit investments in FTX received $2.1B in BUSD and FTT. And due to "unethical" actions, Sam Bankman-Fried plan to sell their stake in tokens FTT of $ 600M within 1-2 months on the open market. CEO at Alameda Research, Caroline Ellison, has publicly called for CZ to sell all FTT tokens at $22 to reduce the market impact on the FTX exchange's native token rate. The current showdown between owners of major cryptocurrency exchanges is happening when the cryptocurrency market is "fragile" and tough regulation from the U.S., including DeFi market, is still looming. Sam Bankman-Fried with FTX has taken a proactive regulatory stance, trying to significantly limit the rights and freedoms of DeFi protocol creators so that US users / other territories with strict laws cannot use DeFi infrastructure. And the winning side of course would be centralized exchanges a-la FTX. He also hinted in one of his tweets that he lobbies for interests in Washington, and for the head of Binance - entry to those chambers is closed, which has caused the current CZ / FTX / Alameda feud. The principle of the current actions of the head of Binance is quite simple - collapsing quotes FTTUSD. Also actions CEO Binance causes a mass "flight" from the exchange FTX in its favor, and also many lenders may withdraw their loans from FTX, due to the depreciation of collateral in the FTT. Better that CZ / FTX as soon as possible stopped this "war" because such a battle will not only hurt the price of FTT or the exchange FTX, which is being abandoned by the traders and their liquidity. A lot more crypto community participants are likely to suffer. Because in such a weak crypto market, coins with smaller liquidity and capitalization can go down very, very hard, and almost all of us have them. If we look at the global chart of the FTTUSDT price, it becomes clear why the price of $22 per FTT is critical. Below you can see the liquidity level is only about $10. In general, the strong liquidity area where "big money" was taking a long position is in the $2.5-4 range. We don't want to see another collapse like with "Luna". We hope for a quick and peaceful outcome of this conflict, but each participant in the crypto community should make conclusions for themselves. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
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by P_S_trade
25
FTT - Are resumption purchases real?After all the news and events, the price of the asset has returned to its original accumulation. Maybe we will see a local rebound in the price range of 1-4, a re-accumulation and an exit with an excellent momentum after a long trading session. If you liked the idea, please like it. That's the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
FTX:FTTUSD
by Artem_Dishel
2
FTT, where to go?The chart is displayed on a weekly logarithmic scale. - FTT fell below the H&S in May this year. With 31.266 and 84.746 as lows and highs, the price stepped back to 51.695 (0.618) and then fell below the neckline of 31.266. After that, FTT tested 22.000 many times without falling below. - After the problem with CZ, the support at 22.000 was broken and the lowest was at 14.955. - Because of the market news, FTT fell, so you can pay attention to the closing price this week to judge whether it will come to the lower support 10.837. -
FTX:FTTUSD
by noah_chen
FTT/USDT - LONG ---> DOUBLE BOTTOM ----- Welcome, dear followers! ----- - Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns. - For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me. - If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero. - Today's deal is shown in the chart, and here are the entry and exit points below. -- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --------------------------------------------------------- ⚡️⚡️ FTT/USDT ⚡️⚡️ Exchange: Binance Futures Trade Type: Breakout (Long) Leverage: Cross (1.0X) Entry Orders: 1) 25.836 - 100.0% (84.3296 USDT) Take-Profit Orders: 1) 27.194 - 70.0% 2) 28.471 - 25.0% 3) 30.623 - 5.0% Trailing Configuration: Stop: Breakeven - Trigger: Target (1)
FLong
by Mahdicryptodotma-pro
FTT USD experimental playWith the whole ETH merge situation i dont want to take big risks for te next 2-3 days but i cant pass on this FTT idea. First of all, i'm buying HALF of my position here at 24.77 and i will set an order for the other half at 23.85. this will give me an average enry price of 24.31. i will have 3 take profit points 24.95 2.75% 25.90 5.9% 27.45 11% and i will use 2x leverage because it is a little dangerous. now,if things don't go our way if 4hour candle closes below 22.80 i will cut my losses.that is a 6.1% loss which is unusual for me to risk that much but i dont see that scenario coming to life. MAX 2X leverage with normal position size. If take profit one is reached,stop loss will go to my entry price. i will update here for every move i make.
Long
by POWcharts
#FTT/USDT 3Hr UPDATE BY CRYPTOSANDERS !!Welcome to this quick FTT/USDT analysis. I have tried my best to bring the best possible outcome in this chart. Reason for trade:- #FTT/USDT is breaking out of the falling wedge and retesting buy the green zone. Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. Thank you...
FLong
by CryptoSanders9563
FTT on track for $86if you haven`t bought FTT lower: Then you can see that it`s on track for the $86 price target from my last call. Crypto exchange FTX raised $400 million from investors like SoftBank , Paradigm, Tiger Global and the Ontario Teachers’ Plan Pension Board, valuing the platform at $32 billion. FTX Founder and CEO Sam Bankman-Fried “We raised close to $2 billion in six months.” I think FTX can already rival Coinbase! Looking forward to read your opinion about it.
Long
by TopgOptions