FTM is Also Working on its Sign of Strength EventHi Everyone! FTMUSDT is still in Phase C and has yet to "confirm" a Sign of Strength event. We need to see a close above $0.6081 to "confirm" a Sign of Strength event is in progress. I anticipate the "peak" of this Sign of Strength event to be in the 1.618 FIB Extension range between $0.8784 and $0.9551.
Accumulation of FTM between $0.35 and $0.45 cents still has potential to move up an additional 100 percent to a sign of strength event peaking between $0.8784 and $0.9551 cents.
Don't forget to take your coins off exchange for cold storage if holding for the long term. Maybe you're thinking about leaving 25 to 50 percent of your coins on the exchange to sell them at or near the top of this Sign of Strength event then dollar cost average back in during the Back-Up/Last Point of Support Period on the dips during this period. Up to you of course...
Hope this was helpful...
Happy trading and stay awesome!
David