Long
Fantom (FTM) to print 18,000% move in 2025 to $150 ??
** This is a year long forecast **
On the above 10 day chart price action has corrected 70% from the highs of early 2021. A number or reasons now exist for a bullish outlook. They include:
1) Price action and RSI resistance breakouts.
2) Trend reversal. Higher highs higher lows confirm the end of the downtrend.
3) The bull flag. Have drawn this flag in a number of different ways to capture the last 3 years of price action. The red and blue arrows capture the optimum confluence. If you find a higher count, let me know in the comments below.
4) A 18000% move to $150 will print should the bull flag repeat the 1st impulsive wave. Look left, corrections of up to 80% should be expected along the way!
5) First resistance is at $3 as indicated by the inverse head and shoulders.
Is it possible price action continues to correct? Sure.
Is it probable? No.
Ww
Type: trade
Risk: you deicide
return: 18000% or 180x projected.
On the above 10 day chart price action has corrected 70% from the highs of early 2021. A number or reasons now exist for a bullish outlook. They include:
1) Price action and RSI resistance breakouts.
2) Trend reversal. Higher highs higher lows confirm the end of the downtrend.
3) The bull flag. Have drawn this flag in a number of different ways to capture the last 3 years of price action. The red and blue arrows capture the optimum confluence. If you find a higher count, let me know in the comments below.
4) A 18000% move to $150 will print should the bull flag repeat the 1st impulsive wave. Look left, corrections of up to 80% should be expected along the way!
5) First resistance is at $3 as indicated by the inverse head and shoulders.
Is it possible price action continues to correct? Sure.
Is it probable? No.
Ww
Type: trade
Risk: you deicide
return: 18000% or 180x projected.
Trade active
Time to go... mark this day.Order cancelled
The idea is closed. Why?1) The token swap has left me without any chart data to work with. Technical Analysis needs data, we have none.
2) Does this mean the forecast is now void WW?
No.
The same amount of money circulating in FTM that caused the flag to print no doubt remains, which would in turn cause the original forecast to print. However there is no data to verify if that is actually happening or not.
Anyway, you're here for the project not those silly returns right? Otherwise you'd be playing the stock market.
Note
Gate. io what an awesome exchange you are, the only exchange that convert the historical data from FTM to SONIC.That's allowed me to run the probability function on the new chain,
daily chart
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.