Today I want to introduce you to my favorite Crypto Pick for the Year 2022/2023 - Fantom. I'm a purely technical trader, I indeed am interested in fundamentals since I am very interested in economics but the key for my decision is always the chart. The Chart on Fantom looks just amazing. As you can see I use Elliot Waves for my technical analysis. In this case we have already printed wave 1 and 3 which leads to our last Wave of the first Cycle - Wave 5.
What's really interesting here. is, that our Wave 1 and Wave 3 are very similar in length, which leads to the conclusion that our last wave has to be longest. Usual targets for an extended fifth are in this case either the length of wave 0 to 3 or the 162% extension of wave 1 to 3, which leads to the target of around 3500 $.
Based on this knowledge I see high chances of FTM to become one of the best performing Cryptos for the next year. Let me know what you think.
This is no financial advice, just my technical opinion and view. RT
Comment
⋅
Fantom looks like its going to finish its C, which will lead into extended third wave. We could see new All-Time-Highs within this wave.
@Boom_Boom_Long_Time, Its only unbelievable until it happens. I didn't say this target will be hit in the next two years. But unlike like stocks cheap coins or tokens move exponentially so it is indeed possible.
ZoroTheSigma
⋅
I want what you’re on
TheCryptAlpha
⋅
crazy guy
konosmgr
⋅
60-80cents first then 10usd.
sandman2006
⋅
lol
SimpleTradezz
⋅
delusional
sadovski32
⋅
We still don’t know what tokens will be performing in the middle of 2022. May it is the golden ticket for the bear market