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EuroMotif
Mar 10, 2019 8:25 AM

FETBTC bottoming process: Fetch.Ai support zones to watch 

Fetch.AI / BitcoinBinance

Description

Fetch.Ai (FET) got the usual launch spike, but has been falling ever since.
There have been 2 clear Imuplses down, whose Ripples are well in control.
Expecting another small bounce, then a 3rd impulse to finish the retracement.

To be honest I am not trading this coin at all, too new for me.
But its behavior exibits the usual rythmic moves defined by Fibs.
So I thought to submit this plot for observation purposes not to trade.

Comment

Looks like we finally hit a support that woke up the bulls.
Now it is time for me to start measuring the bounce and see where it is headed.

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