#FET/BTC Broke out! 95% Potential Profit Trade setup. Long

Fetch.AI / BitcoinBinance

Description

⋅ Dec 10, 2020 1:01 PM

FET BTC just broke out of the 21D MA and also the local trendline resistance.It bounced exactly from the bottom.
Expecting it to break the black trendline resistance and eventually go for a potential 95% rally.

ENTRY: 265 to 274
If somehow we get to see a dip we will buy back more putting a Stop Loss around 243.

TAREGTS:

324
356
411
439
490
512

SL : 243

If you like this setup please hit the like button and share your views in the comment section.

#PEACE

Comment

⋅ Dec 11, 2020 2:23 AM

Perfect Retest after the breakout!
plus retesting the 21DMA.
This happens to be the best entry zone.

Trade closed: stop reached

⋅ Dec 24, 2020 12:45 AM

Comments

ProjectSyndicate

⋅ Dec 10, 2020 4:59 PM

nailed it once again. seems like we hit the strong floor and only way is up from here! great charting.

Cryptorphic

⋅ Dec 10, 2020 7:36 PM

@ProjectSyndicate, Thanks again my friend. Upside potential is massive with a very low risk to the downside.