FTM preparing for a 50% move up in the next 48 hours

38 c is now a very well tested floor and should hold with high degree of confidence. Expecting to see a move up to low to mid 40s, rejection, then tension building up on the down sloping resistance until an eventual breakout to 65 cents which represents at 55% return from here.

Here is the hourly ribbon just for a different glance.

Commento:

Just wanted to fully disclose, I am fully prepared to add heavily at long run support between 30-31. Don't think it'll happen, but I will be buying there heavily.

Commento:

Out of accumulation zone. This is good to see that while BTC is selling FTM is creeping up, breakout imminent.

Commento:

Almost there.

Commento:

With fibs.