Fetch.AI / Bitcoin
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FET breakout from wedge, retesting level, buying zone!

489
Morning fellow traders!

So far, FET have been flagging out of the falling wedge, before the sudden 20% spike we saw yesterday. This spike quickly got sold off again, and we're back to retest the level for the third time. This is a LOW RISK trade. You'd want to enter within the green zone, and place your SL at/below the red line. If we break the red line, we are likely to retest the lowest point on the chart, which is from the listing-day. The black lines are representing different levels you'd expect FET to respect if we break up from here again.

I want to get this chart out as quickly as possible, so I'm cutting it here!

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Nota
We broke the support and headed to the next one which is the ATL for FET. SL got hit at -2%, re-entering inside this green box taking some profits around the previous buy zone at 8k and moving SL to break even.
snapshot

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