Arcane-bear

50% FETCH.AI GAIN POTENTIAL - Wyckoff Accumulation.

Long
Arcane-bear Updated   
BINANCE:FETBTC   Fetch.AI / Bitcoin
Here I have drawn what I believe to be the potential Phase E wave on the Wyckoff accumulation phase of Fetch.AI

FOr those of you have been following along with us for the last year, you will remember that we saw CELR and ONE all move in similarity, which you can go check yourself now if you would like. It is uncanny. It appears one of the whales is back and has been taking their time accumulating.
I am not great at the Wyckoff analysis as it is new to me, so if anyone else has an insight to this analysis please do not hesitate to share.
Our Entry now has a position just above the phase D accumulation area, with a stop loss around 10% below that, AS this play continues I will ladder in, for now, this is a small play looking at a potential of 50% gains.

Here is some more information on these accumulation periods and what to look for.
https://school.stockcharts.com/doku.php?id=market_analysis:the_wyckoff_method
FETBTC
Comment:
So far so good, Already 7% up in our trade today, Holding on for the rest of the ride.
Comment:
Still going great, so far so good, this Wyckoff accumulation model here played out perfectly!
Trade active:
Still in trade
Trade active:
Waiting for even higher targets based off our most recent posts!

Arcane Bear Founder- Tijo
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