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shimmeringpath
Sep 7, 2021 11:55 AM

Flex Your Muscles FET/BTC #FET $FET #FetchAI Long

Fetch.AI / BitcoinBinance

Description

Wow ! Look at that huge candle up on FET ! I had predicted 1920 as a target area before and we hit that target last night ! As you can see we are now inside that light purple line of our colorful Gann Fan indicator . Below us the bottom of that line ( 3/1 on the Gann) is basically at 1550 sats which was our previous resistance . In other words we may have just flipped our resistance into a support ! I suspect that is the case but it's always possible to retrace below there at some point but for now all looks good . Above us the top of that line ( 2/1 on the Gann ) is around 2150 - we may hit there and then cool off a bit but notice that target symbol on my chart ? That's also showing you the 1.618 fib which is at 2398 . So we may see that target soon as well , Above that you see a green checkmark which is also near our strong weekly resistance area near 3200 - and that won't be easy to break through . I suspect we get there by Halloween but may retrace hard before we break up from there ( no doubt Bitcoin will be going for higher highs too ! ) Anyway I still think FET is playing within a Gann Fan and will see 5400 sats in December . Right now FET is flexing it's muscles !
Comments
CarlitoGrrr
Hi Shimmeringpath! It seems that patience is finally being rewarded ... . 1550 SATs is new support to watch then? Greetings!
shimmeringpath
@CarlitoGrrr, yes seems that our new support is there - thank you !
Mihai_Iacob
Good analysis.Thanks for sharing
shimmeringpath
@OptimoomFX, thank you very much !
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