Updated
FTM: Macro Head and Shoulders
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
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.