Fetch.AI / TetherUS
Viés de alta

Fetch.ai (FET) - Bullish divergence

Atualizado
Some alt-token sell offs are ridiculous. Have no idea who is selling after a 90% correction. The secret is to buy low, sell high.

On the above 1-day chart price action has corrected 90% since last November. Now is a excellent moment to be long. Why?

1) The ‘incredible buy’ signal.

2) Regular bullish divergence. Multiple oscillators are printing positive divergence with price action.

3) RSI resistance breakout.

4) Price action tests past resistance (see weekly chart below).

Is it possible for price action to fall further? Sure.

Is it probable? No.

Ww

Type: trade
Risk: <=6% of portfolio
Timeframe: 1 to 3 months
Return: Don’t know.

Weekly chart - Price action testing past resistance

snapshot
Trade ativo
Trade ativo
Excellent moment to be long, price action breaks from falling wedge on Fib level

snapshot

Same also true on the BTC pair

snapshot
Nota
A 'great buy' signal printed on the BTC pair. Hold it until the upper side of the channel for 800%

snapshot
Nota
That was the weekly pair above, the 10-day below

snapshot
Trade ativo
Weekly chart confirms support on past resistance. Be patient and you'll be rewarded.

snapshot
Trade ativo
Trade ativo
Do you...

never mind
Nota
'do you' confirmed.

Now, do you see where resistance is it?
Trade ativo
Nota
Up 230% so far, not bad.

There are some indications of...
Nota
Currently overbought with sell signal. Look for support at 18-19 cents.
Nota
Take profits - don't let emotion hoodwink you into greed, it is all too easy.

snapshot
FibonacciMultiple Time Frame AnalysisOscillators

BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy

Weblink: patreon.com/withoutworries

Allow 3-6 months on ideas. Not investment advice. DYOR
Também em:

Publicações relacionadas

Aviso legal