FTTUSDT trade ideas
FTTusdt RiskFreeFrom the announcement point, about 4% spot profit 🚀🚀🚀
please be risk-free
good luck 🌹
FTTusdtHello friends, we are back full of strength, as always, capital management should be followed 🌹
Trade Signal Alert: FTTUSDT MovementDear Traders,
We have identified a potential trading opportunity in the FTTUSDT currency pair, using the EASY Quantum Ai strategy. Below are the details of our signal:
Direction: Sell
Enter Price: 1.4021
Take Profit: 1.37493333
Stop Loss: 1.43513333
Our analysis indicates that a bearish movement is likely due to several factors. Firstly, the current market trend analysis shows a downward movement in momentum, which the EASY Quantum Ai strategy has flagged as a potential sell opportunity. The absence of significant support levels in the short term further supports this bearish outlook.
Moreover, macroeconomic factors affecting the broader crypto market, combined with technical indicators showing increased sell pressure, suggest a continuation of the downward trend. The recent formation of resistance near the Enter Price also contributes to this prediction.
This trade recommendation is made using advanced algorithmic insights specifically tailored for the current market conditions observed by our EASY Quantum Ai toolset.
Please ensure proper risk management when entering this trade.
Trade wisely,
EASY Quantum Ai Team
ftx token ftx token analysis basically on elliott waves Principle and RTM priceaction system
ftt can be make a new high on 9$
wait and watch.
FTT USDT- CLICK HERE TO CHECK ITWe can expect a rejection from the above resistance levels, RSI is also in the overbought region.
FTX PriceFTX crypto daily chart setup represents a five-month range breakout and signals a further bullish rally next.
FTTUSDT WEEKLYFTT Falling Wedge Pattern
We can see on the weekly chart that FTT has formed a bullish falling wedge similar to what it did in October last year. A breakout and pullback could confirm and lead to an interesting bullish move. So I will keep an eye on it and build positions in this area.
Targets on the chart
I would expect it to reach at least the first targets by SEP/OCT
#DYOR
FTX Creditors to Receive $6 Billion in RepaymentsThe saga of the FTX collapse took a positive turn as creditors voted in favor of a reorganization plan that would see over $6 billion distributed to affected users. This long-awaited development marks a significant milestone for the beleaguered cryptocurrency exchange and its community, following the turmoil caused by its 2022 implosion.
FTX Creditors Approve Repayment Plan
FTX creditors have overwhelmingly supported the repayment plan, with a reported 94% of those in the "dot com customer entitlement claims" class voting in favor of the distribution. This indicates a unified front from users seeking to recover their losses. According to Kroll Restructuring Administration, nearly all creditor classes voted in favor of the reorganization, setting the stage for a smooth transition toward asset distribution.
With the creditors' approval, the plan is now awaiting a formal confirmation hearing scheduled for October 7. Analysts believe this hearing is just a formality, as the overwhelming support makes it highly likely the plan will move forward without major obstacles.
What Does This Mean for FTX Creditors?
Under the terms of the plan, a total of $6.83 billion will be allocated to affected customers and creditors. Those in the "US customer entitlement claims" category are expected to receive around $60.99 million, while creditors in the "dotcom convenience claims" class will see $223.59 million in claims. Many of these users could receive up to 118% of their original claims in cash.
However, it's important to note that these repayments are based on the value of their cryptocurrency holdings at the time of filing. Given the volatility of the crypto market, the actual value of the repayments may be lower than current market rates. Still, this plan represents a crucial step toward compensating victims of the FTX collapse.
Timeline for Distribution
The timeline for the distribution remains a hot topic among creditors. According to analyst Tom Dunleavy, payments could commence within 4 to 8 weeks, meaning users could see their funds before the end of 2024. Three "omnibus hearings" scheduled for October 22, November 20, and December 12 are key dates that will help finalize the process.
This development brings much-needed relief to the crypto community, which has been grappling with the fallout from the FTX scandal for nearly two years.
Fundamental Impacts on TSX:FTT
The FTX Token ( TSX:FTT ) has been riding the wave of this positive news, surging 11% as the distribution plan gained approval. The token, which had been stuck in a falling trend channel since the scandal broke, is now seeing renewed interest. The recent price increase has pushed TSX:FTT above key moving averages, signaling bullish momentum.
The Relative Strength Index (RSI) for TSX:FTT currently stands at 69.44, approaching overbought territory. This indicates strong buying pressure but also suggests that traders should be cautious of potential price corrections as it nears the overbought region.
Fundamentally, the successful execution of the repayment plan could restore some faith in the FTX brand, which has been tarnished by the scandal. However, the long-term outlook for TSX:FTT remains uncertain, especially with former FTX executives facing legal consequences. Caroline Ellison, former Alameda Research CEO, was sentenced to two years in prison, while former FTX CEO Sam Bankman-Fried is serving a 25-year sentence.
Technical Outlook for TSX:FTT
From a technical standpoint, TSX:FTT 's recent rally has lifted the token above key moving averages, indicating a potential trend reversal after months of declines. However, traders should keep an eye on the RSI, as the token's rapid ascent could lead to a short-term pullback.
If the bullish momentum continues, TSX:FTT could break out of its long-standing downtrend, with potential upside targets being the next resistance levels. For now, traders should remain cautious and monitor key technical indicators to gauge the strength of this recovery.
Conclusion
The approval of FTX's reorganization plan and the subsequent repayment of $6 billion to creditors marks a turning point for the company and its community. With TSX:FTT token gaining momentum, the road to recovery seems to be underway, although risks remain.
As the timeline for distribution becomes clearer and FTX continues to address legal and financial hurdles, the future of TSX:FTT will depend on the successful execution of these plans and the restoration of trust within the cryptocurrency community.
For now, all eyes are on the October 7 confirmation hearing and the upcoming repayment process, as users eagerly await the long-promised distributions.
FTT/USDT Secondary trend. Wedge. Phase 3. 05 2024Logarithm. Time frame 3 days
Secondary trend. A descending wedge is being formed. Its breakthrough - reversal and price growth. Maybe another decline, take it into account in risk management. Globally, and perhaps medium urgently now acceptable prices for a position set, at least the first part of it. Preferably, on the breakout of the reversal level. Stops are very short now.
Linear, without slippage of the wedge formation boundary.
FTT - soon 9$ I was damn right. everything is exactly as I said before, it's just a perfectly worked out setup, it's not for nothing that I changed the name of the profile to trading view and made a lot of ideas about this coin, those who believed and looked at my charts were convinced of it.
I will be glad if you will comment my ideas and put a like under them. I did my best.
If the idea gets 100 likes, I will make a guide on where to sell and how to understand the distribution on the ftt so that you don't miss the exit point or sell too late. Last time I predicted exactly how the asset would spread and then roll, closing a 4 buck position I was holding with 1.4$. Now my target is 9 bucks.
My analysis is based on numerology, cycles and the cosmos.)
Is FTT token about to print a 400% move?On the above 5 day chart price action has corrected over 70% throughout 2024. A number of reasons now exist to be bullish. They include:
1) Price action and RSI resistance breakouts.
2) Trend reversal. Notice the higher low?
3) The trend reversal follows strong bullish divergence, which has now confirmed.
4) Look left. Notice where the higher low is printing? On past resistance. Excellent.
5) Lastly the bull flag, it has broken out and confirmed support. The flagpole forecasts a 400% move.
Is it possible price action continues to correct? Sure.
Is it probable? No.
Ww
monthly time frame In the monthly time frame, good doji candles are a sign of a good price rise
#fttusdt
FTTUSDTWe can attempt to buy FTTUSDT from specified level as it make HL , also there is no bearish divergence occur indicate that it moves upward.
SL , TP mention in chart.
FTT - start of strong growth +-9 september start of strong growth +-9 september. Based on a system based on trend lines touching at one point.
FTT - classic patternAn inverted chart showing a classic pattern, you can familiarize yourself with it in my other ideas. I think that the first price stop will be in the area of 3.2 dollars, and then there may be a pullback to the area of 2 dollars.
FTT + 10%?For a long period, the coin had no volume, but now we see activity and large impulses. I want to buy during the local correction.
FTT - 10$ will bethe schedule is very similar to doge\shiba. I will continuously accumulate this coin with huge targets with 3-5x leverage
FTT is bearishFTT correction seems to be a diametric. Now it seems that wave D is over and price can enter wave E
From the red range, it can be rejected downwards.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
FTX - BIG NEWS - Everyone Getting Money BackMartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space. The Bull market is here
FTX BIG NEWS , SETTLEMENT of funds.
Even tho the bull market is here FTX has not fully mooned yet there is still time to buy on DIPS . The market has just hit a critical level . This is a bullish structure and dips are buys, when these dips happen FTX can start its move higher . This needs to be watched carefully .
FTX can get very bullish with the ETH ETF launch also so we need to watch carefully
This can moon
Please watch the video for more information
FTT will touch $22 in the next monthAccording the chart, MA120 will cross $22 in the next month. The compensation vote will also end in the next month. The bullish trend line will also cross $22.
Hold is never easy. Good Luck.
FTTUSDT 2DFTT ~ 2D
#FTT It seems very clear this is an accumulation area. buy in stages. with a short term target of at least 20%++
