FTX FTT - Strong altcoin! Huge base + Elliott Wave
- FTT is a very reliable and strong altcoin that you can find on the crypto market, together with BNB.
- FTX exchange is growing really fast, and there is a lot of demand for the token. If you want reliable and stable gains, this is a great choice for the long term.
- We have a clear and very bullish structure (rectangle consolidation) and the bulls successfully defended the previous swing low.
- My Elliott wave analysis suggests that we have completed an ABC correction (ZigZag 5-3-5) and we are prepared for the next impulse wave from here!
- If we take a look at the volume indicator, we can see very low bearish pressure, so it's really good to see.
- Our profit target could be 0.618 FIB extension from Wave 1 -> Wave 2, but I think we can go higher. We need to wait for the price to develop.
- I expect tremendous gains for selected altcoins. You can find them in the related section down below.
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