Zerkaalo

Will FTMUSDT go literally off the chart?

Long
Zerkaalo Aktualisiert   
BINANCE:FTMUSDT   Fantom / TetherUS
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
Kommentar:
Derivative oscillator on the 2W timeframe also projecting a trend shift

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

Kommentar:
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

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