tell His 201,500 Twitter followers that crypto assets in the Fantom ecosystem are rallying.
“As far as I’m concerned it’s Fantom season, literally every coin on Fantom is supercharged sending right now.”
Fantom is a smart contract powered blockchain designed for high performance and FTM is currently trading at $2.83.
Next is the DeFi Aave (AAVE) platform. Smart Contractor speak that AAVE has bottomed and predicts that 2022 will be a better year than 2021 for DeFi-related crypto assets.
“Really believe AAVE is at a big low. 2021 is a tough year for DeFi in general but I think 2022 will be round two. ”
Following the analyst’s interpretation of the Elliott Wave Theory, AAVE has completed a dominant upward five-wave pattern and a three-wave downward correction. AAVE is now set to continue with its dominant trend when paired with Tether (USDT), according to Smart Contracter.
AAVE may also outperform Bitcoin (BTC), according to the crypto trader.
Smart Contractor also speak that seeing a bullish pattern on the tech-heavy Nasdaq 100 US stock index “is a good omen” for Bitcoin.
According to the crypto analyst and trader, the Nasdaq 100 index has formed a bullish ABC pattern on the daily chart.
The ABC chart pattern consists of three inflections or swings and can be bullish or bearish. In a bullish ABC pattern, inflection point A is the low, inflection point B is the high, and inflection point C is also the low.
“Nasdaq looks really good here with a clean ABC structure, all-time highs on the daily chart and turbo up in volume on close.
Also think that also signals BTC when it’s really on top as the tech rallies stronger. “
Alberto Andrei Rosu