FTTUSDT trade ideas
Can FTT trash turn into phoenix and give 1500%? 🦄 In 2022, one of the most significant events that turn crypto markets is the collapse of FTX exchange.
However, native token of this exchange is still traded on some other exchanges.
It may seem funny, but probably this trash wrapper can be resurrected and give fantastic profit. Why? 🤨
In recent months, several news have come out that the company is returning part of assets to its investors.
And this is really surprising, because according to bankruptcy article, under which this company went, they may not do this.
The strange thing is that in 9 months native FTT token has not yet been delisted from many crypto exchanges.
Why trade token of an exchange that has not existed for 9 months? 🤔
In a couple of minutes you will understand everything.
The fact is that FTX owes more than $ 3 billion to its largest creditors.
Of these, it owes almost $1.5 billion to the 10 largest funds.
In total, FTX can have over 10,000 creditors!
All of them are interested in returning this debt.
Such large funds and exchanges once invested in FTX: Binance, Sequoia, Multicoin and Kraken Ventures, etc.
And such big players dont like to lose money.
And recently there was news that FTX may restart in soon future 🎪
Yes, I understand that all this sounds extremely unconvincing and I myself did not believe in it until I saw it ...
🤯 Look at this chart 👆
After exchange went bankrupt - trading volumes of the native BYBIT:FTTUSDT token increased significantly.
There were no such volumes even during existence of exchange!
Moreover, such volumes are not on one, but on all exchanges where this token is traded.
Some big players is collect coins from market very cheap.
Probably in future there will be news that the exchange is restarting and under this news people will massively run to buy coins, inflating the price, and those who bought them in advance (at current prices) will sell them to market, thereby having an incredible profit 💸
If you believe that such a scenario is possible, its logical to buy quite a few coins in order to increase capital.
When buying from current prices ($ 1.6), the coin can give up to +1500% when the scenario is implemented.
When buying a coin from the lower limit ($0.8) - the transaction can bring up to 3000%!
🪄 That is, $100 can turn into $1500 ✨
What about risk?
The exchange has already gone bankrupt, what could be worse? 🤠
But remember that this is an extremely risky transaction and you can lose all invested funds, so no “meatballs”, only money that is not afraid to lose.
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Awaiting regrowth FTTKUCOIN:FTTUSDT
With the investigations done in terms of time analysis, we determined two dates for the rise (green color) and two dates for the price drop (red color) in the chart.
We expect the price to start increasing when it reaches our target date.
Part of the chart is repeated from the past
FTTUSDTHow do you do dear friends,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for FTTUSDT
In this chart, R2 and R1 are the resistance areas that include the unsuccessful attempts of the price to rise. And at the bottom, S1 and S2 used to be resistance areas in the past. We see the support of price in the past at S2 and then by having a rising trend, the price fluctuate over this area u to the time that is could break S1 upward and had a strong candle to reach R1. Presently, we have its falling trend below the mentioned area and we must wait for its rise by the time we receive some rising candles for the purpose of an increase. So when the price falls to S2, our belief would be another rise toward R1 and even over this area toward R2 (in case nothing special happen in the market). By the time the price gives us some confirmation candles for a rise, the long position of the chart is activated and an increase happens to it toward higher amounts. Even it is possible for the price to lose the support at any points and a rejection for it, makes another falling trend down to S1 or S2. But at the moment the possibility of a decline below S2 is not so high. We highly recommend you to obtain every piece of information and idea through our updates for enjoying more profitable trades. Keep in mind to consider market conditions in lower time frames in order to make sure of a good point to put your trade order, we suggest you to wait for the time which the price is in its return upward.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Take care
FTT an easy quick mini profitHere' s a mini opportunity for a mini move from FTT token. Momentum seems ready for a short time period. I don' t expect a huge pump but this may be profitable if BTC does not dump further. Pricing below 1.78 is the invalidation and SL of this scenario. Good luck!
Not financial advice.
FTT/USDT is it back? Hey 👋
FTT coin is back with a recent movement which caught attention of may traders. The reason behind it is simple, Bankrupt crypto exchange FTX has recovered $7.3 billion in assets which means they yet have not given up which spared the hope in many investors there. We ourself see a good chance for this one to show some nice moves in the futures so let's secure some of it into our bags!
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Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
SBF hit with 4 new criminal charges, downwards breakoutNews has just come out over the past 2 days that SBF has been hit with 4 new criminal charges. On top of that, the chart screams dump on its own too. We just broke down after a fake exit pump to $2 a couple of days ago. This coin is a bottomless pit, similar to LUNA. Basically short it to 0. Aim for a new low for sure, but at the very least aim for $1. Be wary of fake exit pumps. It wil dump for sure, but you might get liquidated if you're overleveraged and the price get manipulated up by whales in order to dump.
FTT/USDTwell , we saw big dump in market by this coin , we know that all of that was fake and this coin is not shit coin and can be pump any time such a rocket to the moon . and i think big gambling coming for this coin so bought some of this and holded for big pump and think its coming soon with attention to RSI over sold in daily and EMA . can be pump 20x or more from this dip such #Lunc or #Luna. 4.2$ is first support for #FTT
FTT to lose another 70%?Please 1st of all click the boost 🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free.
Hi guys! Hope you are doing well even after the FTT/ FTX liquidity debacle which has been sort of indicated by the chart below two months ago:
Now it seems we are not done yet, as FTT broke down this triangle 📐 and I think there is chance for run to 0.527 and even lower. This would mean another -70% for FTTUSDT from the actual level! Price is currently sitting at key support trendline (blue) but in my opinion it's just matter of time when it will be broken down which could start another brutal selloff. Stay safe!
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.