/biz/ - Business & Finance

>>57314389

This is something someone posted on telegram..

These are the two runs FTM had this year.

First chart is January, second chart is February.
The similarities a staggering.
Both charts begin with 2-3 weeks alomst sideways and then an initial pump.

From January 22nd to January 25th FTM rose 126.48% from $0.02764 to $0.06260 (1)
From February 17th to February 20th FTM rose 78.82% from $0.1568 to $0.2804 (1)

Both times Fantom dipped within 24 hours.
-18.73% in January (1. Bottom)
-18.50% in February (1. Bottom)

Like the dips to 1. Bottom, the pumps from here to the Top is also almost the same.
In January FTM pumped 225.92%
In February FTM pumped 255.27%

From the Top to 2. Bottom the dips are yet again almost identical.
The January dump from top to 2. Bottom was -50.93%
The February dump from top to 2. Bottom was -50.18%

The first dip (6) from the Top was also rather similar.
January was -33.18%
February was -26.79%

Roughly the cycle of Fantom could be put as: +100% -> -20% -> +200% -> -50%

If this pattern continues, the next top for Fantom will be $2.11 in about 20-25 days, followed by a dump to $1.05
If the development keeps up, and the marketsentiment stays the same, the next cycle will reach a top at $7.6 in about two months

My piss tastes like piss, but number is going up, so all is good

WAGMI