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.