Long
Updated

Analysis and Possible Prediction

308
This is a possible prediction which makes sense since FTM has become a "pumping" alt.

If BTC can reach the 46,000-48,000 level it could soon pump to 0.26 cent. If it falls within the 0.12 by the 15th it will be difficult to recognize the pattern. The bigger the pump, the closer the triangle and I believe (not entirely sure, obviously it's crypto) that big pumps will come around the 11th to the 14th.

The 0.28 and above area could be dangerous, large dumps could be happening (0.28-0.40) so be prepared! As I say, when large pumps expect large dumps.

This is just prediction which can hopefully give you a broader idea of FTM and NOT A TRADING ADVISE. However, I strongly suggest buying below the 0.143 area!!!

Good Luck!
Note
FTM has almost reached the highest level of the Fib before correcting. I still see FTM undervalued at this time.

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.