FTM: Macro Head and Shoulders
Updated
FTM has put in a temporary bottom at .382 fib at $0.2 along the 1.618 fib channel line with Weekly Bullish Divergence finally playing out. I do expect the cryptocurrency rally to continue after a breather/period of consolidation. Expecting FTM to eventually make a 50-61.8% retracement back to $0.8-$1.12.
Note
Short Term I expect a pullback as FTM nears the .382 fib channel line which it got rejected there before and its 200W MA
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