Prices for FETBTC peaked in early December, a strong correction followed and after a higher low the 0.786 Fib. retracement support for the last wave has been conquered.
Now let's take a look a the MACD:
Here we have a cross and the histogram now going green.
The is also trending up:
Conditions for change
The above signals look pretty good but there isn't enough ... Charts are always changing and all scenarios remain possible at all times. If prices for FETBTC go lower and close below 0.00000430, the above scenario becomes invalid and a new analysis is needed. Going below the above level would turn this chart .
Thanks a lot for reading.
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