Doing a bit of charting on FTM between the games this evening. Here's what I'm thinking.
The last time the EMAs crossed it dropped 52% back down to that price range touching around .21 which took 38 days before bouncing up but then didn't have enough strength and went back down to around .17. Same area it was at in previous blue circle so in November 2022 and October 2023 it was both times at about .17. Now I set the date and price range in this area but a bit further out in mid to late February giving the chart time to likely move sideways or the lines to cross a bit further down the road.
So then I drew a couple of long positions. First spike it went up nearly 240% and second spike it went up 230%. With a 165 day gap between the last cross and the range low. Meaning if my thesis is correct that would occur in early August. Now another 230%+ spike like before would carry it over the trendline if it is able to since its 3 or more touches required but even still that .37 price range could come into play as support by then. If it breaks thru and retests like on that blue line i drew even better. But then if it bounces back up to the 23% fib from a low of .17 range then thats an over 400% gain.
I'm hoping for a .17 area bounce but even one in that .21 to .24 range is still a huge come up. At .17 that would be a 9k coin increase for me if timed right. A huge win if that happens. Just need history to repeat itself. I'll have to see whats good with OPT and AVAX as well and BTC too. Hopefully get a big enough dip thru next 6 months to accumulate some more on them.
u.today
@ this goofy shyt running
