FTT a lot of FUD today. Short?

2022年11月6日

Today , on crypto twitter there´s a lot of FUD regarding FTX exchange insolvency.

CEO of Binance announced that they will be selling their ftt tokens (do your own research on twitter to learn more).

If we see more FUD in the near term, it may result in a big drop. So far support holds.

Short it only if key support breaks.
Don´t forget to place a stop loss.

Target: 10 $

Make a note that this trading idea is likely to happen only if we see more FUD regarding FTX insolvency or anything bad about FTX, Sam Bankman-Fried or alameda research.

2022年11月8日

交易進行

As expected, due to increasing number of FUDs regarding FTX insolvency , the price broke down and is heading towards the target.
We recommend booking the profit on the way down and continue the trade with a trailing stop loss. Good luck and bye bye FTX

2022年11月9日

交易結束：目標達成

Target reached.
Don´t buy FTT. FTX exchange most likely is dead now.