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Arcane-bear
Jun 9, 2020 6:21 PM

50% FETCH.AI GAIN POTENTIAL - Wyckoff Accumulation.  Long

Fetch.AI / BitcoinBinance

Description

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%3Athe_wyckoff_method
BINANCE: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!
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