FTTUSDT
FTT Surges 13% on FTX Investors to Settle With Sam BankmanA group of FTX investors have filed a court document to settle with Sam Bankman-Fried, the founder and former CEO of FTX, under the condition that he provides relevant information about key firms and celebrities related to the defunct exchange before its collapse. The settlement terms include proof that Bankman-Fried's net worth is negative. If approved by the court, the agreement would discharge all claims against Bankman-Fried.
According to a Bloomberg report, Bankman-Fried has agreed to cooperate with the class representatives to strengthen their case against celebrity promoters of FTX by providing confidential information about their involvement in raising FTX ratings before its eventual collapse in 2022. The list of celebrities includes Shaquille O'Neal, Stephen Curry, Lawrence Gene David, Tom Brady, Gisele Bundchen, and organizations such as MBA's Miami Heat franchises, SoftBank Group, Paradigm Operations LP, and many more.
The agreement mandates that Bankman-Fried release certain documents alongside evidence of these people and organizations' involvement with FTX. He will also provide a financial statement of all his current assets and a sworn affidavit of all his financial assets, including an affidavit stating that his net worth is negative.
The settlement comes after US Senator Elizabeth Warren demanded a full account of the several meetings between the head of the US Commodity & Futures Trading Commission (CFTC), Rostin Behnam, and Bankman-Fried before the FTX implosion.
Bankman-Fried was convicted of wire fraud, securities fraud, and money laundering in November 2023, and on March 28, he was sentenced to 25 years in prison, with a forfeiture of $11 billion worth of assets to fund the repayment of the victims of the FTX collapse.
FTT/USDT Ready to Resume its Bullish Journey? 👀🚀 FTT Analysis💎Paradisers, keep an eye on #FTTUSDT. It’s at a key point, testing the support at $1.65. If it keeps going up, we could see a price jump.
💎The first resistance target is at $2.39 for the FTT. If the asset manages to Break this level it could lead to even bigger gains.
💎If #FTXToken starts to drop at this support level, we’re ready for a bounce back from a deeper support at $1.40. This area is known for its high trading volume and has often led to big upward moves for $FTT.
💎If the price falls below this extra support level, it could mean a shift to a bearish market, with more selling. Stay alert and flexible as we follow the changes in the #FTT market.
Disclaimer : The token, #FTT, is associated with the FTX exchange. Please proceed with caution and conduct thorough research before trading.
FTT: trade in renge📊Analysis by AhmadArz:
🔍Entry: 1.84
🛑Stop Loss: 1.72
🎯Take Profit: 1.95-2.05
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
2x is coming FTTAs i told you many times, i am holding some spot bags of FTT. The price of the FTX Token is holding well even if the exchange is dead (actually). When FTX will be resumed, i expect the price to pump. In the short term, if FTT can break above the mid term resistance at 2.7, a 2x is in play
🚀 FTX coin $FTT to $6 up for some jaw dropping action? 🚀Hey everyone, today we're diving into the price chart of Sam Bankman Freud linked FTX coin BINANCE:FTTUSDT and let me tell you something, the charts are buzzing!
Just a quick few stats before we get to the good stuff. FTX a coin which at one point was regarded by many as a "Blue Chip" coin, rivaling the likes of Binance-linked coin BNB and other heavy-weights is currently sitting with a Fully Diluted Valuation (FDV) of $823 million placing it many positions away from the top 20 leagues it once occupied.
A huge chunk of the price losses that the coin suffered can be traced back to the collapse of FTX exchange and the arrest of the founder. However with the recent move to compensate or allow users to recover the funds that they lost in the debacle it's looking like the exchange is preparing for a major comeback.
**📈 The Chart: Cup and Handle Glory 📈**
Alright, enough of that let's talk technicals! We've got a Cup and Handle formation on the TSX:FTT chart that's as clear as day. You can see it below
Another interesting thing for me with this chart is the handle bit of the cup and handle. It's not just any handle we're seeing— the handle formed from a falling wedge, which for you chart enthusiasts out there know is a MEGA bullish signal that The Blue Investor can never ignore.
**🔍 The Double Bottom Dance 🔍**
Now, let's rewind a bit. A few months ago in January TSX:FTT retested the neckline of a previous double bottom from 2023. In my mind, that was not just a bounce, folks—that's a trampoline leap showing us that TSX:FTT has the legs to jump higher!
Following the bullish breakout from the falling wedge, if this bullish momentum is sustained at the least we can expect the market to push price to $3.20 to complete an AB=CD for the CnH.
At the time of writingwe're sitting at $2.50, a push to $3.21 would be a 30% gain in the spot price. Beyond that, I'll be looking at—$5.50, and for the moonshooters, a jaw-dropping $21.98! These aren't just hopeful dots on a chart; they're calculated destinations based on pure, unadulterated price action.
**🌟 The Rally Cry: Why TSX:FTT Deserves Your Attention 🌟**
In the last 7, 14, and 30 days, TSX:FTT has been on a tear, posting gains of 44% and 46%. That's a green flag waving us towards opportunity.
So, whether you're here for the thrill of the trade or the long-term play, I think KUCOIN:FTTUSDT is a token that deserves your screen time. With technicals that are as compelling as the plot of a blockbuster movie, this is one asset you'll want to keep on your radar over the next few months, you can thank me later!
Remember, in the crypto game, timing is everything, and the TSX:FTT chart is screaming 'now or never.' So, keep those eyes peeled, those minds sharp, and your strategies ready.
And that's a wrap for this trade idea! If you found value in this analysis you already know what to do. Until next time, keep those trades smart and your investments smarter!
(Disclaimer: This content is for educational and entertainment purposes only. Not financial advice. Do your own research and consult your financial advisor before making any financial decisions.)
rocket iz ready, bie da ticket nowits been a while, BUT itz no time to explain my greedy friends - just look at this MR.T
and dont miss da chance to buy LATS LASTLOW price u see before bullrun
buie in area 4, sell at x10 or kinda, after ATH perhaps.
ma advice, no thanks, just click the rocket button if u UNDERSTAND zi idea. DO NOT, if u just liked it.
bue.
..
i mean BYE.
..
B U Y~!
FTT/USDT Local trend (Binance trimmed chart) 30 11 2023Logarithm. Time frame 1 day. On the chart I put a screenshot of the missing part of the Binance chart from my closed learning/work idea on this coin, which I have been trading for almost a year (published 5 01 2023).
In those 11 months, 47 local work updates .
FTT/USD Super Risk - Super Profit. FTT hearing dates
Manipulation . On the one hand the Binance exchange is not cheating, because trading was actually stopped on November 15, 2022 of this FTT/USDT trading pair and re-launched on September 22, 2023. Left on this exchange was the FTT/BUSD trading pair that was recently delisted, with the entire chart history (emphasis mine).
A person looking at the chart for the first time would not see this clever, honest forgery on it. That is, no price chart and a pump/dump of a horizontal channel with a 237% pitch and a duration of exactly 311 days, and 3 significant pump ups in that channel range. This is a 4 and possibly an exit from it, at least this triangle is formed above its resistance.
It is worth noting that if you now decide to work with this coin, remember that the price is now at +263% of the average price of the local set. Therefore, limit your risks.
Linear of this zone looks like this .
FTT update 04feb24SOOO... it iz a great manipulation through da newz, its so unhonest imo, bot it workz.
price goez down (and I lost some also, damn) and we are now in buyin' area.
Consider the structure, I can count two optionz:
FIRST iz a red numbaz, AKAI in japanese :) diagonal+WXY+diagonal\impulse. Its not looks like an Impulse, so I suggest Endin' Diagonal.
SECOND iz yellow and backup variant, zigzag with Triangle (in that way I need to recount Wave (A), but its possible to make an multiple ZIGZAG there.
thrid also iz here, az always - its a scam and we all die) but I hardly doubt it.
OH YEAH BTW - coz Wave (3) was extended, correction till Wave 4.of.(1) iz possible (green line)
AND yeaa -we need some divergence on high timeframe (4h+) to be sure that option 3 will not work :)
FTT UPDATE 18jan24well hi there my greedy friendz!
just quick update and idea
in general, I watched the cartoon Gintama (I love anime, yeah) and glanced at the FTT chart and, as in Japanese animation, saw an interesting twist:
FIRSTLY,
adhering to the old plan, we are in the Wave B of ABC correction and its a Mr.T, az I can see at MACD and RSI indicatosz behavior. Now Mr.T. is being formed with an exit upwards, after which we will go down to buy zone (preferably)
SECONDLY
as a backup plan, the correction could have already been completed and we are growing upwards through the Zigzags of the Leadin' diagonal (no matter ZZ or DZZ) - and its BAAAD COZ I WAS THE GREEDIEST PERSON I ADMIT AAAGGGHHH - my entry iz about 3.5 damn it!!! breathing heavily
THERE IZ A THIRD OPTION actually - look clearly and boost if u find it
so, well, as Elliot bequeathed, don't wishful thinking, analyze the structure- that's what I'm going to do. Orange color - ALT count.
Ideaz are clear, will see what will be next, untill then
TAP DA BUTTON if u UNDERSTAND what I mean
or
spare some coin in signature if u don't :) - I will eat at least
FTT/USDT bullish momentum From demand? 👀🚀FTX Today Analysis💎 Paradisers, direct your attention to #FTTUSDT, currently nestled in a demand zone and brimming with potential for a bullish upheaval.
💎 Amidst the market's ebb and flow, #FTXTOKEN recently grappled with resistance at $3.3487, sparking a liquidity rush above this level, which then spiraled into a steep decline. However, the tide seems to be turning, with #FTT garnering bullish strength in the demand zone at $2.9298. Should it robustly anchor itself above this level, we could witness a spirited ascent, eyeing the ambitious supply zone target at $4.7940.
💎 On the flip side, if #FTT finds itself wrestling to stay afloat above the $2.9298 demand mark, it's time for a tactical pivot. We might then set our sights on a bullish resurgence from a strategic lower foothold at $2.7099. Keep a keen eye here, as a slip beneath this point could unfurl the sails for a significant descent, steering the #FTT journey into deeper waters.
FTT Long - But not yet - look for the right entry!We can see in the 4h Chart, FTT is in an downtrend. On the daily chart i dont see today not an uptrend or something like that.
i think we drop to 2.9 - 3.1 before a next pump is going on.
So stay tuned for in the next 2 weeks for the right entry on the lower levels (M1 and M2).
Entry from 2.9 - 3.1 or maybe a little bit lower to our 800 Ema 2.7. (To soon to say it right)
Then we can go up to 8$ easy and more, but i will make an update to this chart when its starting!
FTT update 12/12/23: fresh look at old @#$@at old COIN ofcourse :) but u got the point
ANYWAY, thanks to mr. @Anoinvest
I decided to look at the question from the other side and weigh the pros and cons arguments of the bullish scenario for FTT.
pros: bullish mood, falling dominance of bitcoin, ETH in correction (ending diagonal).
cons: 1dft divergence on FTT, too weak leadin' diagonal, very short Wave 4 of (1).
there are two options here now:
1. bullish. the major correction iz over, C of 2 iz placed and there be no more prise for 2$ for FTT, rocket iz launched. All we can do is buy on the correction in zone I (and the minimal target of this correction iz complited) it CAN the price may go lower, but it MUST not
2. bearish. My older opinion, number II zone.
I will buy some based on option 1. and will buy more IF it reaches 2$.
if u are homeless... just... buy a house... mneeeh