FTX Token / TetherUS

Short

Updated

Short FTT

Hi all,

In my opinion, FTT prices will go down quite fast because of the following indicators:

Fundamental news: CZ started to sell FTT and this triggered a fall of FTX and its crypto; Investors/FTX's users are loosing their trust.
Technical Analysis: Both MFI and CMF broke the trendlines.

The proposed TPs and SLs are in chart.

All the best!

Note

TP1 $18.23 and TP2 $15.47 were done.

30% of profit.

Note

The fall of FTT (and may be FTX) would be very bad for cryptos.

Note

Wit this speed, i'm not sur that TP4 ($10.68) is the final target of this drop

Note

All TPs were hit.
Not really happy though because this fall is not good for the industry (or am I wrong?)

evasivesteering

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

evasivesteering

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.