FANTOM's Wave Analysis : Preparing for Wave 5?**
#FANTOM. #FantomFoundation #FantomCommunity #Write2Earn! #BinanceSquareFamily
Current analysis indicates that FANTOM is likely in a wave 4 decline, with market movements suggesting a triangle formation. This setup typically signals a continuation pattern, potentially leading to further downside before completing wave 4. Once this phase concludes, traders can expect a subsequent move into wave 5, which historically suggests a bullish reversal.
Conclusion & Advice :
As FANTOM navigates through this corrective wave, itâs essential for traders to monitor price action closely. Anticipating the completion of wave 4 could provide a strategic entry point for wave 5. Ensure to set stop-loss orders to manage risk during this uncertain phase. Stay alert to market signals as this wave pattern unfolds.
