Here we see our FET 6 hour chart and you can see we had quite a pullback since FET wicked over 1500 sats a few days ago - we even went to low
1100 area ! Many new traders online are nervously selling and going into a panic ! But why ? Pullbacks are normal and FET is clearly consolidating on top of the Ichimoku cloud here . We also hit the TD Sequential 9 in red , so expect this to pop back up at some point soon ( though it can always consolidate a bit longer . ) If you are a new trader please understand that no coin goes up in a straight line . There are always pullbacks along the way . So don't panic ! This is normal and FET is still very bullish to go up . There's a strong weekly resistance above us near 3200 which seems like an obvious target . Other targets are fibs which I will link in chart below .
1100 area ! Many new traders online are nervously selling and going into a panic ! But why ? Pullbacks are normal and FET is clearly consolidating on top of the Ichimoku cloud here . We also hit the TD Sequential 9 in red , so expect this to pop back up at some point soon ( though it can always consolidate a bit longer . ) If you are a new trader please understand that no coin goes up in a straight line . There are always pullbacks along the way . So don't panic ! This is normal and FET is still very bullish to go up . There's a strong weekly resistance above us near 3200 which seems like an obvious target . Other targets are fibs which I will link in chart below .
