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Tolberti
Jul 19, 2022 10:15 AM

FTX FTT - The most bullish altcoin! Huge base + Elliott Wave Long

FTX Token / TetherUSBinance

Description

  • FTT is one of the most bullish altcoins on the weekly timeframe, together with BNB!
  • We have a clear very bullish structure (rectangle) and bulls successfully defended previous swing low.
  • My Elliott wave analysis suggests that we have completed an ABC (ZigZag 5-3-5) correction and we can definitely go up from here!
  • If we take a look at the volume indicator, we can see a very low bearish pressure, so it's really good to see.
  • Out profit target can be 0.618 FIB extension from Wave 1 -> Wave 2, but this is just a projection for now.
  • FTX exchange is growing really fast and there is a lot of demand for the token.
  • Look at my ideas about interesting altcoins in the related section down below ↓
  • For more ideas please hit "Like" and "Follow"!
Comments
ArmanShabanTrading
Totally Agree with you 👍🏼 Thanks for sharing
Tolberti
@ArmanShabanTrading, I am glad you like it!
InkyGrip
Big Big Big accumulation! thanks for sharing it, I didn't spot it
Tolberti
@plancton0618, Welcome.
AlkalineFX
Moon time!
Tolberti
@AlkalineFX, Sounds great!
Serana2324
Thanks for sharing
Tolberti
@Serana2324, You are welcome.
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