#FTM #FANTOM long-term targets, until the end of 2025Fantom's long-term targets, until the end of 2025
According to Elliot's wave count conditions, from March 2020 to January 2022, a five-wave structure can be observed, which can be a small part of a larger structure, i.e., it is either wave 1 or wave A of a five-wave or a three-wave. . From January 2022 to October 2023, a corrective structure will be observed as wave 2 or B, and now we are forming the next rising wave, which according to Elliott's rules should be formed as five waves and as wave 3 or C. Depending on whether the new movement wave is formed as wave 3 or C, different targets will be created.
Therefore, our target range will be relatively large, but according to the shape of the movement structure and also the estimate of the end of the climb, we can reach relatively suitable points in the specified time.
The targets are:
TARGET1: 6$
TARGET2: 15$
TARGET3: 60$
TARGET4: 270$
ENTRY: 0.33 -0.21 $
STOP LOSS: 0.15$
