FTM Might go parabolic.Not in a Trade yet because it does looks bearish in LTF but will take risk on this one cause my sixth sense is telling me this is going parabolic very soon.
Not actually Sixth Sense but if you look in HTF Weekly or monthly the chart looks like it have done what should be done in the bottom.
Looks like pretty simple Triple Bottom and i have to add one more thing the next HTF resistance which is around 0.5500-0.6000
I don't think it is going to hold over there because when it was moving from double bottom this resistance didn't worked and then it deviated from it and gets back into the range.
The price action of this Shitcoin is way way more faster than other coins.
You can go to the up move or down move(previous) and watch it closely in LTF.
Most of the times the resistance/support level doesn't work anywhere and just get retested for continuation.
I'll long the 2H trend line breakout or will long the in the red area.
Targeting 0.5
Targeting 0.9
Note: Not a Financial Advice.