Fottie - Potential Leap to 1,000x

19 paź

• Currently a 960k market cap at the time of writing, this frog memecoin has plenty of space to the upside.
  
• Fottie is displaying an extremely similar fractal/behavior that saw Pepe bottom in October 2023 and breakout from a downward wedge.
  

See below chart for PEPE:

PEPE at the time of writing has a 4.4bn market cap. Fottie has just shy of 1million. Even with a 1,000x it will still remain in the shadow of Pepe.

So back to PEPE:

• Recently Fottie on it's exit from the white wedge also broke out into the RSI bull zone (from the indicator at the bottom of the chart). It is now on a volatile rampage up to the 0.5 or 0.618 fib level.
  
• From there it will likely correct to form its first completed Wave 1 of 5 wave. That would create an inverse head & shoulders.
  
• Dec 2024 to Feb 2025 is likely to will lead to the most volatile 3rd wave in the memecoin space. Before it finally tops out on it's Macro Wave 3 around February 2025.
  
• From break-out (green vertical line) to T1 (Target 1) this is a 227,000% gain (2,270x). From current levels a 86,000% gain (860x) in dollar terms.
  
• Ignore this frog at your peril.
  

See you in 6-7 months!


P.S. If you like the RSI Bull/Bear Thresholds indicator at the bottom of the screen, drop a comment below. It will soon be made available for a small exclusive audience.