mlotis

FET Triple Bottom

Long
mlotis Updated   
BINANCE:FETBTC   Fetch.AI / Bitcoin
FETBTC has completed a triple bottom which gives us good reason to believe the bottom is in and we will start to go up from 3800 sat. You can enter now if you're risky or wait for the downtrend line to break or even at the triple bottom resistance at 4100 sat or so

"A triple bottom is a bullish REVERSAL chart pattern used in technical analysis that's characterized by three equal lows followed by a breakout above the resistance level."
Comment:
Triple bottom didn't hold but descending wedge still in play

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.