FTM preparing for a 50% move up in the next 48 hours
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38 c is now a very well tested floor and should hold with high degree of confidence. Expecting to see a move up to low to mid 40s, rejection, then tension building up on the down sloping resistance until an eventual breakout to 65 cents which represents at 55% return from here.
Here is the hourly ribbon just for a different glance.
Here is the hourly ribbon just for a different glance.
Nota
Just wanted to fully disclose, I am fully prepared to add heavily at long run support between 30-31. Don't think it'll happen, but I will be buying there heavily.Nota
Out of accumulation zone. This is good to see that while BTC is selling FTM is creeping up, breakout imminent.Nota
Almost there.Nota
With fibs.
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