On Oct. 25,
FETBTC
had a +60% breakout out of its long downward trend. Even with a the current 12% pullback
FETBTC
is at +48%. Also, the 61.80% Fib is where the previous resistance was that FET broke out of. Add to that, the EMA 10 and 21 had a bullish crossover, the AO is flipped above 0, and the RSI is above 50. I am watching for a pullback to or just before %61.80 on the Fibonacci for the bounce.
FETBTC
had a +60% breakout out of its long downward trend. Even with a the current 12% pullback
FETBTC
is at +48%. Also, the 61.80% Fib is where the previous resistance was that FET broke out of. Add to that, the EMA 10 and 21 had a bullish crossover, the AO is flipped above 0, and the RSI is above 50. I am watching for a pullback to or just before %61.80 on the Fibonacci for the bounce.