$FTT to 100$ FTT consolidated more than month in 43$ -36$ Support and resistance area. So there is possibility to reach to 100$ . #NFA #DYORLongby dilshaner1Updated 113
WILL IT GO TO 0? STRONG BEARS AHEADAs FTT face the issue of insolvency the future of FTT Token is at great risk. So I will trade this token short. Comment down if you have the same idea to mine.Shortby Quantum007Published 10105
FTTUSDlol myby ihs in a bullcfork some good news would have to come out though... otherwise 0? the product still technically works? kinda?by olliecoughlandPublished 0
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.by Artem_DishelPublished 220
4 tips on surviving Black Swan eventsHey everyone! 👋 Considering the events from the last few days, we thought it would be a good time to re-visit some of the best things you can do, as a trader and as a human being, to insulate yourself from Black Swan events. While a massive crypto exchange going insolvent is only the most recent example of a Black Swan, Black Swans can exist across all different realms - personal, political, environmental, and more. Because of that, we're going to walk you through some tips discussing how you can insure your future against unexpected calamity. 1.) Don't keep all your eggs in the same basket. 🪺 This one is glaringly self-evident following FTX's recent troubles, but spreading your assets out among custody providers is an excellent hedge in case any of them have solvency issues. That way, you're always protected against single-provider risk. Various global governments have tried to take steps to mitigate this (FDIC insurance, financial regulation), but nobody looks out for your interests like you do. Make sure you're in a good spot. Never keeping your assets in one place also applies to asset class and geography. Own a lot of property in a single region? You're suddenly exposed to natural disasters that could hit the area, drastic political changes, and more. Only own a single asset class? Maybe the macro situation just changed against you quickly and it's all worth a lot less than you thought. Diversity is the name of the game, not only from a position perspective, but from a total risk perspective. Where are you vulnerable? 2.) Keep some cash on hand 💵 This one is also self-evident for those who are currently unable to access their funds as a result of the recent turmoil, but keeping cash on hand in order to cover short term expenses is a life saver should you ever need it. To some, getting laid off is a great example of a personal black swan event, and something that could set someone back years in their personal finances. Make sure you're in a position that you're not financially stressed if something abnormal happens to your regular, everyday life. 3.) Carry no liabilities 🏦 While some purchases in our lives often necessitate the use of debt, the strongest-positioned people during a crisis are those who are not beholden to others financially. Considering that most Black Swans often cause all sorts of financial damage to their victims, having liabilities can cause undue additional stress that removes options from people who would otherwise be able to take advantage of the conditions. Also, those with a strong financial position are often those best able to improve their own standing when bad situations strike, buying up assets at prices that would normally never be available. Debt can prevent this level of flexibility, and therefore in order to reduce risk, you shouldn't carry any. 4.) Keep some assets on hand, in person. 🪙 This tip is for broader, more macro-scale black swan events like extended power outages, communications network failures, meteor strikes, war, and other things that would typically fall into that category. But, in a broader regional or global societal collapse, having assets on hand is the best thing you do for yourself. In a situation where you're unable to access the broader societal infrastructure to which we all buy in, having a backup on hand where you live is really the ultimate insurance blanket. Whether this is cash, gold, seeds or food, don't get caught without a plan. We realize this isn't the most fun topic to talk about, but if you follow these tips, it's likely you're much better insulated against all of the disasters and misfortunes the world can throw at you. Stay safe out there! -Team TradingView ❤️❤️Editors' picksEducationby TradingViewPublished 5757 1 K
Crypto's Icarus The last 48 hours have been some of the craziest hours the cryptocurrency market has ever experienced. This comes after FTX, the 3rd largest cryptocurrency exchange behind Binance and Coinbase, paused user withdrawals and announced they were seeking to raise funds to avoid bankruptcy. What makes this more surprising is that in January 2022, FTX had raised funds at a $32 billion valuation. These events began to unfold on the 2nd of November when a leaked Alameda Research (a principal trading firm with very close ties to FTX) balance sheet was published on Coindesk. This balance sheet raised concerns after showing the company held a large amount of illiquid altcoins including $2.16 billion of locked FTT (FTX’s native token). It seems possible that these coins were collateral assets that Alameda used to take out loans in USD backed stablecoins and other cryptocurrencies. When this data was released on the 2nd of November, the total undiluted market cap of FTT was $3.35 billion. Ultimately, this meant that any significant sale of FTT on the open market would push the price significantly lower and likely result in margin calls for Alameda who would have to sell some of their FTT to maintain their loans and avoid liquidation. Subsequently, on November 6th when Binance announced they were liquidating $580 billion of FTT in their treasury, this is exactly what happened. This scenario wasn’t helped by the fact that Alameda CEO Caroline Ellison tweeted Binance CEO, Changpeng Zhao (“CZ”), that Alameda would openly buy all FTT from Binance at $22 if CZ wanted to minimise the market impact from the FTT sales. However, in doing so, a marketwide broadcast was sent that if the price of FTT fell below $22, Alameda would face potential margin calls and liquidations. Subsequently, traders started shorting FTT placing further downward pressure on the price. Naturally, the fear, uncertainty and doubt that this all generated spread to FTX, the issuer of FTT, and a bank run ensued. FTX users rushed to sell and withdraw their FTT, pushing the price well below $22. Fears then began to circulate that FTX didn’t have the funds on hand to honour these withdrawals. On Tuesday morning, The Wall Street Journal reported that FTX had seen approximately $1.4 billion withdrawn, by the afternoon this had reached an astounding $6 billion. Later that afternoon, many people’s fears were realised when FTX paused withdrawals. It has since been discovered that FTX is seeking to raise $8 billion to meet outstanding withdrawal requests. Many are left wondering why there is a $8 billion black hole in user funds with many hypothesising that some of these funds were used to fund margin calls for Alameda after the price of FTT plummeted. The only hope for FTX is now to raise funds in order to honour these requests. However, since Binance backed out of a proposed acquisition last night, this is looking increasingly difficult… Either way, whether FTX survives or collapses entirely, this event will provide governments and regulators with plenty of ammunition to demand new regulations on cryptocurrencies and associated companies. The contagion effects on projects that hold their treasury funds on FTX and other crypto firms that have exposure to either Alameda or FTX can hardly be measured at this point. Either way, this sudden crash of a ‘poster-child’ of the industry is a major disaster for the whole market. In slightly better news, U.S. CPI Inflation came in soft at 0.4% M/M and 7.7% Y/Y, slightly lower than expected. In the short term, this is bullish for risk assets and seems to have slowed down the FTX-triggered crash. However, it remains to be seen if this will have any significant lasting impact on the cryptocurrency market in the medium-term given the FTX news. by CoinruleUpdated 3
Bye Sam- We will be better off without you 👋 October 31st we had issued the last warning (of many) against FTX and the semi-retarded 'Mr' Sam Bankman-Fried. The world of crypto is beautiful and it is here to stay. Yes, Lunas and FTXs will arise and yes they will fall and disappear but Blockchain is here to stay. So, farewell 'Mr' Sam. We will be better off without you. You opened the door for regulators to storm in, but that's also a good thing looking forward. OCT 31st message: ☝️Eric Voorhees is the good side of crypto.. SBF and FTX are the BAD side of crypto. The sooner SBF(Sam) fails the better for all of us. FTX is bad news 👈🤢 Sam Bankman is the Mark Zuckerberg of crypto 🤮💩 🤮 If you have no time to watch all of it this is the 1 min you should watch PS. I don't think Binance will be willing to bail them out, There might be more pain incoming but also opportunity arises. time to choose the GOOD projects that will STAY and invest in those. One Love, the FXPROFESSORby FX_ProfessorPublished 227
FTT is breaking outHaving formed a long term bull flag, it will like test the flag resistance, Breakout of the flag will send it to first $53, the flag channel width. Flag measured move is in the $550. The MACD broke out a while ago but retested on the lower time frames. Longby nagihatoumUpdated 554
lets do something different, advanced risky af tradeSo im running a wild risky af trade on ftt, a long. check out the quick little wedge that i drew. everyone is short why not go up to scam everyone? currently long.Longby Psycho_1-1Updated 443
FTT Looking like going to zeroHello, someone is unloading big quantity of FTT, still waiting Binance plan to save FTX. But the panic generated is really big. Personally got hit by this, unable to withdraw from FTX exchange, not looking good. Good luck to anyone in my situation.by CyberCatSirPublished 2
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.Longby vf_investmentUpdated 662
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.Shortby vf_investmentUpdated 15159
FTT losing key support, +50% downside move likely- SBF turning from Batman of the crypto space to Joker - volatility incredibly, incredibly lowShortby MansasumaUpdated 222
FTTUSD Times Twenty! An All-or-Nothing Bullish Butterfly!FTT where it sits today has no other Harmonic Fibonacci Level where it could possibly find support. If the 1.272 Breaks then it would have to go to $0 as there exist no fibs in between $4.725 and Negative Prices. I'll dedicate a fair amount to this position and see how it goes.Longby RizeSenpaiPublished 2
$FTT to 9 BucksHi Le bad news arrived for FTT, looks like going to 9 Bucks around April to me rly. Then might bounce a little because April mostly is strong month for cryptos for sure #doggonacciShortby UnknownUnicorn3117882Updated 222
why 50% plus 1 day crash in FTT matters for all marketsfinancialized markets all move together in times of liquidity panics. Thats why we must pay attention when we hear of certain market going wild in large percentage moves. FTT token may not matter to everyone, but it matters if it gives us an insight to market mechanics that affect everyone. Crypto liquidity panics will harm investor trust and sentiment. Losses in any market can also force investors to sell liqduid and perfectly good assets in order to fund other illiquid areas. Not in anyway advice. But worth watching and observing. SPY QQQ DIA VT FTTUSD TOTAL HYG AAPL09:45by optionfarmersPublished 338
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. -by DannyC914Published 0
Go Woke Stay Brokeabsolute classic, weve seen this play out 1000x at this point. allof these companies pushing socialism are going broke... shocker to nobody lol. biggest donors of bidens campaign contributing to ruining the american economy. hope sbf kep a few of his btc off ftx so he can run away and hangout w his fraud buddy Shortby largepetrolPublished 115
SBF vs CZGuy has no clue what hes doing, i wonder what hell say when FTT drops sub $5 maybe insolvent? Guess well see, shoutout to CZ for being a don. hope he sells for him at $22 and takes him for what hes worth. Long way down for one of the richest socialists in the world! ggs sam, catch ya at mcdonaldsShortby largepetrolPublished 224
Long on FTT and short on BNB - Great spread for experienced onlyWe know that now everybody is looking at FTT for shorts, but this situation is misunderstanded. CZ is attacking FTX, because they are more powerful than ever. When we look at the spread, it is obvious, that the money will flew out from BNB and will prefer FTT Of course, that is not a financial advise. Longby rodopacapitalPublished 667
Double pair-trade time? Long FTTPERP & SOLPERP, short 2x BNBPERPDouble pair-trade time? Long FTTPERP & SOLPERP, short 2x BNBPERPby jonstanleyPublished 111
FTT scalp long high risk ftt long cause now at support, the problem is we have bad news about ftt too Longby GowdCatPublished 0
FTT Long if stays above $24.50 / $25.00#FTT My trade setup Long : If stays above 24.50 /25.00. Targets : 26.50 , 27.75, 29.25,31.25, 32.50 Longby ksm2020Published 1