$FTT FTX CUP AND HANDLE Pattern!TSX:FTT ftx price action is now printing a cup and handle pattern after finding support at $1.
Only two things can happen:
$FTX neckline resistance above is btw 1.20 - 1.24
Price action can continue to to neckline resistance to complete the cup and handle pattern and proceed higher.
Up resistances: 1.1, 1.14, 1.33, 1.38, 1.45, 1.54, 1.62. OR
Or retest lower supports: 1.00, 0.95, 0.86
#FTX Current Price: 1.06
FTTUSDT
FTT| Dark fundamental FTX and technical development!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
The FTT coin is still showing signs of life, you can try to take a short position with a small gain, distribute the takes yourself, I set it to the 0.618 level, I think we will get there soon...
Deal plan:
Entry - 1.260/1.307
Stop - $1.385
Take - 1.126
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.
If you are interested analysis of other assets - please write about it in comments. Also, don't forget to subscribe to my channels to stay up to date with profitable ideas 🦄
The Potential Revival of FTX: A Bet on FTT - FTX 2.0Another fairly simple idea... Buying FTT with the expectation that FTX 2.0 will be launched. Some major players in the crypto space are pushing for the relaunch of the exchange, and this account is from a coalition of FTX traders that want to revive the exchange. twitter.com
I believe that the exchange can be relaunched. Why? What would be the benefit? It would be a clean slate. No issues with regulators and a huge customer base. If the FTT token remains, then it wouldn't be a security.
Relaunching the exchange when other exchanges are under pressure and the SEC is cornered is the best time to do it. It's one of the ways to give money back to customers slowly and have people trade on it. Allowing creditors to trade their claims, distributing illiquid holdings rather than selling them for nothing, and having a solid community that wants to see the exchange succeed would greatly benefit everyone involved.
As I mentioned in my recent ideas, the SEC is cornered; they will try to do anything they can to regain trust and stability. For example, they 'postponed' a fine on BlockFi to help their customers get more money back. With many new traditional firms wanting to enter the game, it would be easy to sell FTX and have it relaunched. The SEC has done a lot to damage ordinary crypto users with all of its mistakes and aggressive policies, and it is now at a point where it will be forced to soften its tone.
Maybe FTT goes to 0 if the token becomes useless either because the exchange isn't relaunched or if it's relaunched, it's relaunched without the use of FTT. However, if it is used for anything, if the exchange relaunches, it could rally hard from here. Under new management, it could even trade back to where it was before the collapse. Overall, FTT is a potential 5-10x from here, as it's trading on most exchanges outside the US, isn't trading on US exchanges (won't be delisted), and probably won't be deemed a security by the SEC.
To close things up, FTTUSD is in a range. It first took out its high at 3$ and then its low at 0.8$. Therefore the next move from here is going to be higher. FTTBTC is showing massive bullish divergence and is slowly trying to reverse its bearish trend. Putting a small amount in FTT and forgetting about it, like a mini investment or long-term call option, is probably a good idea.
The Potential Revival of FTX: A bet on FTT - FTX 2.0Hey guys, my idea on FTT got banned. This is a repost of the idea without the part that got it banned. I initially shared the idea when FTT was at 1.32$, and it's now at 2$. In case they unban it, this is the idea. That's the link to my idea
My only other proof is the screenshots I shared, but that's the only thing I could do. I am quite upset because it was a perfect idea right before the announcement that efforts to revive the exchange were official and the process was on. I tried to contact the moderators here, but they insist that because I shared a link, my idea had to be banned. My idea got banned because I mentioned the account of a coalition of some FTX creditors who have been trying to resurrect the exchange for months. Again, I don't get that policy, especially as Tradingview allows people to share links on these ideas, but these are the rules. All I have to say, is if you are sharing any ideas, make sure you don't share links from outside sources.
The idea
'Buying FTT with the expectation that FTX 2.0 will be launched. Some major players in the crypto space are pushing for the relaunch of the exchange, and this account is from a coalition of FTX traders that want to revive the exchange.
I believe that the exchange can be relaunched. Why? What would be the benefit? It would be a clean slate. No issues with regulators and a huge customer base. If the FTT token remains, then it wouldn't be a security.
Relaunching the exchange when other exchanges are under pressure and the SEC is cornered is the best time to do it. It's one of the ways to give money back to customers slowly and have people trade on it. Allowing creditors to trade their claims, distributing illiquid holdings rather than selling them for nothing, and having a solid community that wants to see the exchange succeed would greatly benefit everyone involved.
As I mentioned in my recent ideas, the SEC is cornered; they will try to do anything they can to regain trust and stability. For example, they 'postponed' a fine on BlockFi to help their customers get more money back. With many new traditional firms wanting to enter the game, it would be easy to sell FTX and have it relaunched. The SEC has done a lot to damage ordinary crypto users with all of its mistakes and aggressive policies, and it is now at a point where it will be forced to soften its tone.
Maybe FTT goes to 0 if the token becomes useless either because the exchange isn't relaunched or if it's relaunched, it's relaunched without the use of FTT. However, if it is used for anything, if the exchange relaunches, it could rally hard from here. Under new management, it could even trade back to where it was before the collapse. Overall, FTT is a potential 5-10x from here, as it's trading on most exchanges outside the US, isn't trading on US exchanges (won't be delisted), and probably won't be deemed a security by the SEC.
To close things up, FTTUSD is in a range. It first took out its high at 3$ and then its low at 0.8$. Therefore the next move from here is going to be higher. FTTBTC is showing massive bullish divergence and is slowly trying to reverse its bearish trend. Putting a small amount in FTT and forgetting about it, like a mini investment or long-term call option, is probably a good idea.
FTT wants to break accumulation zoneFTT / BUSD
We made 166% profits from absolute bottom in my last analysis about #FTT , check here my old idea :
Here what i think now :
the movement is too strong , price wants to breakout long accumulation . And if that happens a movement like BCH will occur (Only a valid breakout to make such movement )
We need good news/announcements about FTX to fuel this pump much more
Note : trading this token is risky
I think FTX will make comeback at somehow
Do you think the same ? Share with me in comment section below ⬇️
FTT chart analysis FTT / BUSD
The coin made a new low last few days and recently reclaimed the its key support
(Stoploss / liquidity taken )Many coins make such move at the bottom before major rise
The price must hold above blue support in weekly basis otherwise it will drop again
Note 1: trading this coin is considered a very high risk so if you want to trade it use small amount with strict risk management
Note 2 : any fundamentals news (good or bad about FTX will have great effects on price action
Many asked me about TSX:FTT hope this helps
Thanks
FTT Resurrection - The Dead Cat BounceThey have a saying: "From zero to hero".
FTTUSD did the opposite: "From hero to zero". :))
Actually, the same potential rug-pull as LUNAUSD & USTUSD did..
It's doomed, dead coin, money gone, investors and holders smashed.
Or is it?
What if a miracle happens?
Do you believe in miracles?
Remember how LUNC & LUNA somehow still managed to get a pulse?
Remember the Covid Crash, and how Crude Oil USOIL hit $0 and minus on futures?
The Dead Cat Bounce Technical Analyis:
* Elliot Wave Flat Correction: Primary A-B-C (red)
* Harmonic Pattern: Bullish Cypher
* 88.6% Fibonacci Retracement
* 200% Fibonacci Extension
* Demand Zone
Can this deliver at least a Dead Cat Bounce move?
Or is this coin gonna be wiped out?
What if somehow it's gonna be rescued?
It will be the biggest come-back in the Crypto history...
FTTFtx relaunch in next 30 days. FTT will rise again and go to 5$.
They have on their hands almost all the debts that they owe.
Nobody expects such an outcome. Everyone thinks this is the end. But everyone is wrong.
Binance pretends that the token is on the verge of delisting) Binance is one of the largest holders of the token. And most of all are interested in restarting of FTX.
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.
FTTBUSD TOKEN PUMP 127% , NEXT MOVEFTT coin almost pump upto 127% in last 24 hours... and touch its resitance area at 3$.
failed to break its resistance area at 3$.
now possible we see again bounce back in ftt coin price from 2$-1.80$.
if you buy ftt coin few days ago around 1.20$ then book your profits and waite for correction.
if according to latest news ftx exchange relounch in Q2. then we see huge pump in ftt coin price in next 1-2 month.
i will invest 5-8% of my portfolio in ftt coin according to shared analysis.
if you want then invest at your own risk.
do your own resaerch before follow me.
follow me for latest updates about crypto.
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 - don't FADE FTTHello my Fellow TraderZ,
With the awakening of #SOL in first leg, #FTX native token $FTT also pumped 3.5x.
Now, I'm anticipating another leg from #SOLANA, so from $FTT.
$FTT is forming a nice BULLISH FLAG on 4 HTF, breakout will send it to the recent High of January near around $2.8 for 50% + gains.
Keep thin on your watchlist.
CHEERS!!!
Ftt opportunityStrong disbelief sometimes brings lot of profit. FTT is great example.
High risk/High reward trade.
- big part of supply is locked
- 10% in circulation
- cz will not dump on people
- any good news pump coin
- big chance of ftx restart
FTT/BTCDo you like FTX exchange? Me yes, because you can withdraw BTC for free (besides).
Their FTT token can be staked to take advantage of discounts on trading fees, etc.
Now, I think it's a good time to start accumulating FTT.
As always, I'm primarily interested in BTC, however, long-term holding of FTT will not spoil anything, I believe that the investment will return.
There are not many similar declines in price history.
Good business = good investment.
FTT/USD (FTX, Alameda Research). Secondary trend.Secondary trend. Time frame 3 days. Logarithm.
Coinmarketcap: FTX Token
This is how this zone looks on the linear price chart.
Main trend
FTT/USD (FTX, Alameda Research). Main trend.
Comparison with BNB is in the main trend.
Cycles Exchange giants FTT (FTX, Alameda Research)+BNB (Binance)
Local work
FTT/USD Local work in the reversal zone