Panjang

$FTM Short Dip then Moon.

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After the crazy impulse from 30th Aug to 4th Sep 2021 from high volume sentiment of social media , especially in Twitter where Andre Cronje (FTM founder and owner) shill his coin, this leads to high positive delta volume for FTM price action hence higher price.
As of 5th Sep 2021, we are moving towards an Elliot Correction Wave. Refer to (A), (B), (C) wave. As there is a weekend holiday for Americans, price action will likely consolidate towards $1.05 – 0.95 cents.
Price is now moving downwards from value high area of fixed range volume profile (30th Aug – present) and towards POC of $0.85.

1st Price Entry Target - 0.95
2nd Price Entry Target - 0.85
3rd Price Entry Target - 0.77

Likelihood to hit 0.95 maximum because sentiment is very strong for FTM


Penafian

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