Will FTMUSDT go literally off the chart?

Key observations from 3D chart:

In june we saw the completion of a double zig zag correction on 5th wave starting from march 2020
Massive bullish divergence in RSI
Squeezing Momentum forecasting a big move ahead

From the 2W chart we also see MACD aproaching a bullish cross.

These timeframes are very powerful. Pitchfork analysis projects 1.618 & 2.618 extensions as almost guaranteed targets, indicating that it could actually go higher, by using the previous run as a baseline.

Considering that BTCUSDT Expanded Flat Correction may be over (see my related Ideas), in my opinion, 0.22 cts is a great level to go long, but that's just me :)

DYOR. Not advice

Note

Derivative oscillator on the 2W timeframe also projecting a trend shift

Note

Breakout just happened. BTC also pumping with big volumes. This is writing "epic" all over the place

Note

3W RSI just broke out its MA, and RSI is about to burst throught the oversold area.

Enjoy the ride ladies and gentleman! Here are my targets

Note

Rising wedge on the BTC dominance chart.

Trade active

BTC.D broke down the rising wedge and RSI signal line lost support on the monthly time frame, something that hasn't happened since Jan '21

And most importantly, FTMUSDT chart broke the symmetrical triangle with an enourmous bullish bias, finding support in all of the oscillators. The long term target is indeed way beyond the original chart!

Still doubting? The 0.22 cent entry was absolutely perfect!

Zerkaalo

Related publications

BTCUSDT Expanded Flat Correction may be over

by Zerkaalo

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