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FTT

Is This a Joke? FTT Pumps After SEC Chair Said FTX Could Reboot. FTT has surged amid a potential restart of the FTX after SEC chairman Gary Gensler said that the exchange could reboot if it follows rules. The SEC chairman stated in a CNBC interview on November 9 that if anyone wants to do it, “do it within the law.” ................................................................................................................... We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature. and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
by CryptoTrend-Alerts
FTT: Forgive The Trickery - When SEC Overlooks Mischiefs 🎭🔍In a world where market dynamics often border on the theatrical, FTT token finds itself in the spotlight. 🌟 Let's dive into the nuances of this intriguing crypto token, against a backdrop of regulatory oversight and market maneuvers. 📉 A Closer Look at the Charts: Shorting Opportunity at $7.8: Our analysis indicates a ripe shorting opportunity at around $7.8. This level is not just a number; it's a reflection of market sentiment and technical strength (or lack thereof). Breakout Point - "Biden Revives the Zombie": In contrast, there's a breakout level which, if crossed, could lead to a significant surge in FTT's value. We're watching this space closely! 🌐 Contextual Insights: The Binance and FTX Saga: Recent developments have seen traders shifting away from tokens like BNB and FTT. The reasons? Regulatory pressures and market uncertainty. This article sheds more light on the trend. Regulatory Glare: The SEC's recent actions, especially the fine against Binance, have stirred the pot in the crypto world. Adding to this is the continuing saga of FTX and Sam Bankman-Fried, as detailed here. 🚦 Regulatory Oversight or Oversight? The dance between the SEC and crypto entities like FTX is intricate. Are we witnessing a case of "forgive the trickery" as the SEC navigates through a maze of regulatory challenges and market realities? How FTT maneuvers through these turbulent waters, amidst the SEC's gaze, could be a tell-tale sign of its future trajectory. As the crypto market continues its unpredictable journey, FTT stands as a symbol of the complexities and intrigues that define this space. Whether it's regulatory challenges or market dynamics, FTT's path is one to watch. 📈 One Love, The FXPROFESSOR ♡ ps. I would like to go SHORT on this one and post it as a Bearish idea but with Blackrock ready to enter and their need for an American exchange i do not dare... will trade it in due time, no worries!
by FX_Professor
6
FTX’s FTT Token Rallies 30% Prior FTX 2.0 FTT token continues to rally amid news of the FTX 2.0 reopening soon. As the events at crypto exchange Binance unfold, FTX’s native FTT token has witnessed a mega price rally gaining over 55% over the last 48 hours. At press, the FTT token is trading 30% up at a price of $4.63. FTT Token Whale Accumulation FTX’s native token FTT has registered a staggering 337% growth on the monthly chart. Most of the gains have come over the last 10 days amid a heavy accumulation by the top 10 whale wallets. During this period, the FTT token market value is up by 255% vs. that of Bitcoin. Investors in TSX:FTT are experiencing continued gains, as FTX’s native token sees a second surge following recent developments at Binance. The token’s value seems to have received a boost, evidenced by the 10 largest wallets accumulating $12.8 million worth of coins in just 19 days. Binance Effect or FTX 2.0 Reopening? FTX’s recent approach of liquidating assets and transferring substantial funds across different exchanges has triggered heightened activity in the cryptocurrency market. In a significant move, FTX and its affiliate, Alameda Research, executed a remarkable transfer of assets totaling $474 million. This strategic step is part of a broader initiative aimed at handling the exchange’s financial responsibilities and potentially setting the stage for a new phase referred to as “FTX 2.0.” Notably, this action unfolds amid Binance’s $4.3 billion settlement with the United States Department of Justice. The recent surge in FTT is remarkable, considering its relatively limited utility. This rally indicates substantial institutional interest, despite the token’s historical connection to FTX’s bankruptcy issues. Earlier in the month, FTT achieved a year-to-date high of $4.3, signaling a robust recovery from the previous year’s downturn and reflecting growing investor confidence in the potential launch of a revamped version of the trading platform. In contrast, Binance’s BNB token witnessed a decline, experiencing a 13% drop to $235. The crypto exchange also witnessed a staggering $1 billion net outflows in a single day. Binance’s current challenges bear some resemblance, though not identical, to the issues FTX confronted last November, which eventually led to its collapse. The uncertainty surrounding Binance’s future, coupled with the clearer trajectory for FTX, has cast a positive outlook on FTT, garnering interest from both retail and institutional investors. At press time, the FTT token has surged past its key resistance level of $4.408. If its price continues to sustain at those levels, it can rally to its next major resistance of $4.9 and even beyond.
by DEXWireNews
FTT/USDT 1D. Channel. Cycles. Accumulation. Idea.Idea on the secondary trend of the FTT token of "scam exchange" FTX. After the FTX scam horizontal channel started to form. There were 2 accumulations zones which lasted each 30 days ~(1 month). After that the pump followed. Now the price is between this 2 accumulation zones(buffer zone) for 3 months already. After first pump local dip formed, after which another pump(2nd wave) followed. This wave formed local cycle at the duration of 32 days. Shown on the chart. Above the chart each period is described. Below - what happened at each point of a new cycle. Lately, after each new cycle(beginning since Aug 18) - we've seen price increase from 30 to 40%. This 3 local pump waves formed an ascending triangle(bullish formation). Next cycle is on Nov. 22. 15 November is the date of listening for FTX case. So, what do you think more likely - rise to somewhere about 2.2022$ zone(89.6% from current)? Or the dump to the support of the "outer" channel to about 0.8088$ zone(-30.81%)? By the way, since the beginning of the last local cycle - we've seen a significant increase in volume(Bitget exchange). Local resistance of the triangle is 1.22-1.33$$ zone.
Long
by TradingTsar
FTT - will be 20$? (ukrainian language in video, read describe)If you turn on 4 hours and look at the FTT chart, you will see how much the majority of the miners were breaking and taking their coins, I'm sure that the market makers have about 90% of all coins, which allows them to drive the price very high without any interference. Any price, any bullish trend has distribution stages, we will be selling on the 4th distribution stage. That is, strong growth, a sideways drain, further growth, and so on until there are 3 such stages, then we will think about exiting the coin. Most people will start buying back FTT when it is already very high and when FTX is bought back, it will be the time to think about where to fix, but before that, after the buyback, I will expect another 300-700% pumping
Long
by FTT_TRADER369
🔥FTX RESTART CAN SEND THE TOKEN TO NEW HIGHSFTT has $300M cap altcoin can easily grow by a 5-10x pump to $1-3B cap on exchange restart. The bankrupt crypto exchange plans to repay its creditors in fiat. Let me remind you that they recovered $7 billion worth of assets to it's customers. It seems to me that this is the preparation for the restart (FTX 2.0). Low of the channel is a good place to add FTT to your portfolio. Top of the channel is a good place to reduce your number of FTX tokens. 💥ready? The wide liquidity gap is waiting for FTX2.0.
F
by Alex_Dehtiarov
6
CELR SEEMS TO GO GAME OVER A CRASH LIKE LUNA AND FTT DIDThanks for reading this update, please remember that this is not trading advice. We expect that CELR is the next coin that will see a next free fall and game-over trend. Since the big exchanges have played the round. We see on low time increase but this means noting for the real trend, we did expect before more crash trends on other coins. The fake volume increase is the reason for the start of the crash. It is all about smart money and transaction data in combination with top whale holding. The market cap and holders decrease, and the last data shows a connection with the FTT and Luna trend. CELR is at this moment on a very risky trend as data shows and can be the next fall coins with the game over as Luna and FTT did. If this happens we expect that we will see soon a big free fall and crash trend on Celr like Luna and FTT did. We did use the same tools to expect the crash we did before on Luna and FTT crash. The big rule in trading, when a coin loses more than 80% of its value will stay a very risky coin even if it has a small time frame increase. We have added what we expect, and time will learn what will happen with CELR. This update is our view and means not to use it as trading advice. The best traders in the world are traders who can read early data and expect a high chance of what the market can do . Nobody will be able 100% to be right, but with more chance, you can see the side. * This crash expecting is by ASIA trend and on USDT pairs since its 94% of holding.
Short
by SatochiTrader
2