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FTX

🔥75% OF CRYPTO MARKET MIGHT BE UNDER BINANCE CONTROL❗ BUY MORE❓🔥Hi friends! The monopoly of Binance will start, if FTX finnaly scamed. FTX was the top-2 exchange, right after the Binance. So now I recommend you to pay the attention to the strongest BINANCE projects or project based on BNB chain, because they can bring you the HUGE income in 1-2 year. ✅ The list of it I will add at the end. 🚩 RIGHT NOW: Binance have released the amount of crypto on their wallets. CZ yesterday named it Proof of Assets. Also, now you can find this information on the Binance website. 📊 TECHNICAL ANALYSIS Now the BNB return to the HUGE accumulation area of $268-304, where the most coins were bought by the big players (whales). Now we see that price possibly make the false breakout of the lower boundary and this is strong bullish signal, if BNB close inside the area. 📊 The trading plan to open a long: 🔥 bnb still in the value area of $260-304 🔥 possible false breakout of the local low which take the sl of traders and the whales will buy even more coins 🔥 volume growth on sl collections 🔥squeeze to the local trndline after the breakout 🚩 Also, remember about DOM and Footprin which is my most important trading tools for scalping. They shows me the best place to buy and to sell crypto with the whales. So you can increase your winrate by +25-30% using just this scalping tools. ✅ The targets for BNB: 1. $300 - the top boundary of the value area 2. $335 - the local highs 3. $400 - the local highs after the pump 📊 Why the short trade is still possible? The main reason for the dump is BTC. So if it will fall to $12-14k, all the altcoin make -30-40% more. 🚩 The main precondition for the short trade is the fall below the value area of $260-304 and test it as the resistance. You can set sl above the local high and ope nice trade with 20-30RR. The main target is the closests support at $235-243 value area. All of these plans I leave on chart, so you can use it at any moment! ✅ Now BNB skyrocketing on FTX. The price already reach it's ATH at $670. I think this is because of rumors that Binance will return the money to the owners of BNB on other exchanges (if this funds will be lost ). This is the possible reason why BNB start to PUMP. 📊 WHY THE POSSIBLE BINANCE MONOPOLY ISN'T GOOD FOR ENTIRE CRYPTO MARKET? 🚩 If BINANCE get the monopoly at the market, the problem of BINANCE will be the problems of the entire crypto market. If Binance will got in trouble (hacked, robbed, DDOS-attacked, etc.), this will immediately affect the price of Bitcoin, and since 99% of altcoins follow it, altcoins will fall even more. 🚀The list of coins related to Binance: 🔥 BNB 🔥 TWT 🔥 CAKE 🔥 LINK 🔥 1inch 🔥 XVS ✅ Actually, the relation to Binance is the main reason why these coins just return to the accumulation areas, despite the other alts make -35-40% and go to the hell. 🚩 Traders, is this idea usefull for you? What do you think happen to Binance in the future? What coins do you recommend to buy at the bottom og the market? 💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade!
by Yuriy_Bishko
4
Will Bitcoin Test $10200 Level as Per Chart Year 2017 Support#Bitcoin weekly Chart Analysis:- $BTC Already broke 2017 Bull Market ATH Now Trying to Test 2017 Bull Market Support. Now Scenarios:- - $BTC already broke $19000 support which is bad for Bull - BTC may test $11000-$13000 Level ( If hit then that will be best for Accumulation) - 2017 Bull Market support is $10200-$11800 - For Actual Bull Market BTC must need to Break $25000 Level - if Break White Line Resistance ( Now Around $25000 ) then Ready for New Bull Relly. - Never Forget Buy and Hold Ruls - Many Bad News coming that’s mean we are Going in Right Path so Never Panic - More Panic news mean More Buying Opportunities for Bull Run
COINBASE:BTCUSDShort
by CryptoPatel
10
Can We Buy Bitcoin Now? Is The Bottom In Yet?As we have a new low many people are already wondering if the bottom is in, again... Patience is key. Wait for the weekly candle close, minimum. The same goes for today, short-term. Once a move starts to develop, it takes time before its final form shows up. Since we've been expecting a major crash like this one for many months, we can say that the bottom is not yet in, there is more to come. Patience is key... If you want the full details about Bitcoin's bottom, see the chart below from December 20221 (Dec. 4, 2021) And this one... Feel free to leave a comment with your questions. Thank you for reading. Namaste.
BITSTAMP:BTCUSD
by AlanSantana
26
Bitcoin - Is FTX the Lehman Brothers of crypto?For weeks, we have warned investors about the unsustainable rally in the cryptocurrency market, and now, our price target of 17 500$ was finally hit. That comes to us as no surprise since we reiterated several times that no double bottom occurred and no primary trend reversal was on the horizon; already, in February 2022, we stated that no all-time high would happen this year. Instead, we made a compelling case for the bear market and have continued to do so while hitting one price target after another. With that being said, we continue to be bearish on Bitcoin and dismiss new calls about the market bottom. In fact, we want to remind our audience of articles we published over the summer about Celsius Network's insolvency and its contingency spreading over to other cryptocurrency institutions in the coming months. Now it seems FTX joined the list of troubling companies, with Binance announcing the buyout of its distressed assets. In our opinion, that is a particularly bearish development, further drawing a parallel between insolvencies in the banking sector in 2008 and now (but in the cryptocurrency sector). Unfortunately, though, we do not expect any improvement in the market with the FED pursuing tighter economic conditions and potential regulatory fallout (as so many cryptocurrency exchanges are going bust). Contrarily, we believe the bear market is far from over, and Bitcoin will mark new lows over time. Accordingly, we stick to our price target of 15 000$. *In the latter part of this article, we would like to introduce a part of Bitwise Asset Management's presentation to the SEC in March 2019. (about fake volume)* Illustration 1.01 Illustration 1.01 shows the daily chart of BTCUSD, and yellow arrows indicate the latest technical developments. Technical analysis - daily time frame RSI, MACD, Stochastic, DM+, and DM- are bearish. Overall, the daily time frame is bearish. Technical analysis - weekly time frame RSI, MACD, and Stochastic all show signs of faltering. DM+ and DM- is bearish. Overall, the weekly time frame is bearish. Bitwise Asset Management presentation to the SEC in March 2019 In March 2019, Bitwise Asset Management (which created the world's first crypto index fund) made a presentation to the SEC about fake volumes on major cryptocurrency exchanges. In its research, the company analyzed volume and trade orders across 81 exchanges listed on Coinmarketcap. Additionally, it argued that the data reported by the website were wrong (despite Coinmarketcap being widely referenced in media - The Wall Street Journal, The New York Times, etc.). Bitwise Asset Management demonstrated the difference between real and suspicious exchanges (ones that were likely to engage in trade washing with the purpose of inflating trading volumes) by highlighting differences in the order book and showing discrepancies within the information available in the trading interface. For example, some exchanges showed buy and sell orders with roughly the same trade sizes, the absence of round numbers in the order book (despite the natural tendency of humans to pick rounded numbers), the lack of small transactions, perfect even distribution of buy and sell orders, and so on. However, researchers went beyond these technicalities and looked at these exchanges' footprints in the real world. Subsequently, by comparing publicly available data, they found a substantial difference between the real companies and suspicious ones (lacking media exposure, followers, number of employees, etc.). Furthermore, they analyzed trade histograms and applied several alternative data assessment methods. The 227-page presentation also touched slightly on the subject of Tether, market regulation, market surveillance tools, and market manipulation. In its findings, the company stated that at the time, only 10 out of 81 exchanges showed the presence of real volume, including Coinbase, Bitfinex, Kraken, Bitstamp, BitFlyer, Gemini, itBit, Bittrex. In addition to that, researchers concluded that the total volume was merely 4.5% of the reported volume (by exchanges) between 4th and 8th March 2019. As if it was not enough, the study stated that nearly 30% of spot bitcoin volume was on U.S.-domiciled exchanges, compared to just 1% of reported volume. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
BITSTAMP:BTCUSDShort
by Tradersweekly
66
🔥🔥 Futures on ETH: The roof, the roof, the roof is on fireBitcoin, Ethereum and most other cryptocurrencies fell on Tuesday 08-11-2022 following Binance's announcement of its intention to acquire FTX, heightening concerns about liquidity in the industry. According to TradingView, the Total Market Cap - the global value of the entire crypto sector was down 15% on the past day, reaching $813 billion. Bitcoin lost 12%, Ethereum lost 17.5% and Dogecoin lost 25%. The FTX token crashed 84% and Binance's BNB also reversed a sharp previous 17% gain and turned negative, falling 6%. “To protect users, we have signed a non-binding Letter of Intent, planning to fully acquire FTX.com and help manage the liquidity crisis,” Binance CEO Changpeng Zhao tweeted. Zhao added that the deal is pending confirmation of his firm's ability to conduct due diligence on the FTX purchase and the exchange itself. A liquidity crisis plagued the FTX exchange at the beginning of the week amid a sharp decline in FTX Token. A CoinDesk report last week suggested that FTX-owned Alameda Research's balance sheet is heavily dependent on FTT, raising concerns that the two parts of the Bankman-Fried e mpire depend on illiquid cryptocurrencies rather than cash or other liquid assets. The liquidity problems of the crypto sector arose after the crash at the beginning of the year, which erased $340 billion of market capitalization and lowered ETH from $3,900 to $2,200, followed by the collapse of the “stable” Terra UST coin, forming a steady series of crashes in the industry, following behind the increase in interest rates of the Federal Reserve against the backdrop of its fight against "indomitable inflation". The technical picture in ETH futures points to potentially increased risks of further erosion and disruption of the crypto market as the U.S. Federal Reserve’s interest rate cycle nears its climax and logical conclusion before the end of 2022. The left scale shows market expectations for a Fed rate by the end of Q1'23. That is well above 10-year US Government Treasuries yield.
CME:ETH1!Short
by Pandorra
FTT - Long position - High Risk On this chart we can see the massive drop from FFTUSD as we all know FTX is in big trouble. So this trading setup is a really high risk setup. If we ignore the fundamentals, the indicators are showing that the price will go up. The indicators we used are the Bollinger Bands, RSI and stochastic. They´re all suggesting the price is oversold. So hopefully the price will have it´s last convulsion before it continues to go down. All further details are shown on the chart.
FTX:FTTUSDLong
by vf_investment
6
FTT a lot of FUD today. Short?Today , on crypto twitter there´s a lot of FUD regarding FTX exchange insolvency. CEO of Binance announced that they will be selling their ftt tokens (do your own research on twitter to learn more). If we see more FUD in the near term, it may result in a big drop. So far support holds. Short it only if key support breaks. Don´t forget to place a stop loss. Target: 10 $ Make a note that this trading idea is likely to happen only if we see more FUD regarding FTX insolvency or anything bad about FTX, Sam Bankman-Fried or alameda research.
FTX:FTTUSDShort
by vf_investment
15
BTC Bullish Move Up 1.7 to 4% 11 9 2022If you love the spot-on analysis done so far, please boost, share, comment, and follow for more. Analysis: Before we start, note that BTC is still very well bearish. On the 3 min charts, BTCUSDT 3 candle confirmation occurred at around $17,800 This implies a current oversold condition for BTCUSDT. This is a temporary pull-up. This is also why the lower end of the fib range is used as a target for the exit. 2-candle confirmation on the 5 minutes chart above the yellow moving average and a 1-3-candle confirmation above the lower white dotted fib line on the 3 min chart were also confirmed. The projected entry zone is anywhere between $17,700and $17,800. Based on this analysis, we should expect around 1.7% to 4% upward movement for BTC from this point. Baseline Information: The strategy used for this analysis takes into account the following factors: Timeframe: 3min and 5 min Symbols: BTCUSDT , ETHUSDT , BTCDOWN, and ETHDOWN Exchange: Binance Indicators: For obvious reasons, precise indicators names can not be provided, but this analysis makes use of VWAP , moving averages, and Fib charts. Chart Count: 8 Disclaimer: The information and publications are not meant to be or constitute financial, investment, trading, or other advice or recommendations.
Long
by ghost2019
1
Bitcoin struggles to find dip buyers amid FTX falloutThe sell-off in cryptocurrencies has gotten worse. FTT, the FTX token, is reeling after giving up as much as 88% of its value this week. Bitcoin dropped to a new low for the year after breaking the June low. Solana lost a third of its value today before bouncing off the lows. You get the picture. Cryptos have sold off sharply over the past couple of days on renewed liquidity fears in the industry. Troubled crypto exchange, FTX, is in talks to be rescued by Binance, after it halted withdrawals. Binance signed a nonbinding agreement on Tuesday to buy FTX's non-US unit. So, questions about the solvency of one of the world's largest crypto exchanges remain as there are no guarantees the deal will go through. For Bitcoin, this could not have come at a worse time, after struggling over the past several months to find its feet. Given Bitcoin's fresh breakdown after a lengthy consolidation, there's not much for the bulls to get excited over. They will now need to see a confirmed reversal signal before looking to potentially buy BTC or other coins. Indeed, things could get ugly, even though we have already seen a massive decline already. It is always better to have some sort of confirmation that prices have bottomed than keep trying to catch a falling knife. For me, Bitcoin now needs to reclaim the broken 20K level before turning positive on it again. For extra confirmation, a break above this week's high would probably mean game over for the bears. Failure to achieve this will keep the path of least resistance to the downside. Even if you are not involved in cryptos, the turmoil is definitely something to keep an eye on, as it may be an additional factor impacting risk appetite across the financial markets. By Fawad Razaqzada
FOREXCOM:BTCUSD
by FOREXcom
R.I.P Solana.One of the biggest phenomenol of 2021, Solana is now in a terrible place. Predatory tokenomics, decreasing in TVL and activities, reduction in the number of quality dApps... And now, the biggest backers of Solana , FTX and Alameda Research had gone rekt. It will become a dead chain, like Neo, Waves, Near, Avalanche, Terra.... Bounce back is easy when price hit $14-15$. Since its a deadcat bounce, we are not sure about the target. Maybe somewhere between $22-$26. But in the mid-long term future, $SOL must reach the low zone of $5-$8 to attract buyers and liquidity. Especially when new monolith blockchains such as Aptos and Sui are around the corner for the next bull run. Good luck to $SOL holders
Short
by Chainslab_Analytics
3