Short FTT

7 Nov 2022

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!

8 Nov 2022

Catatan

TP1 $18.23 and TP2 $15.47 were done.

30% of profit.

8 Nov 2022

Catatan

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

8 Nov 2022

Catatan

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

8 Nov 2022

Catatan

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