CBKWahoo

FET macro inverse H&S

Long
CBKWahoo Updated   
COINBASE:FETUSD   Fetch.ai
FET has formed a macro inverse H&S, weekly chart showing a break out from the neckline and is already half way up its measured move along with a nice upwards momentum.
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similar fractal being printed as prior uptrend move, also appears to be in a possible 5th elliot wave. another short pump up to the 1.618 is possible all pending where BTC decides to go.
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Target for inverse H&S was reached, did not quite make it up to the 1.618 yet on the macro fibs. Similar fractal formed as first previous pump out of its bottom structure. Moving fib placement to local recent breakout for retracement bounce swing and pivot points.
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