dRends35

FET - Will Soon Make New Highs 🚀

Long
dRends35 Updated   
COINBASE:FETUSD   Fetch.ai
When the great buy-the-dip opportunities were available for FET the bears were in song and it was oh so foolish to buy Bitcoin, let alone buy high risk altcoins.

But AI coins are flying now and soon FET will make new highs.

This is only a second bullish momentum candle printing on the week chart so this could go quite a bit higher from here considering how many there were in the previous wave up and so it is still a reasonable buy here.

But obviously those tasty deep buys are now long gone.

If we have faith in classic use of Elliott Wave for impulse waves then a 1.618 trend based fib extension would see FET get all the way to $9.

If it did get there it would be a great selling opportunity but its a long way off for now so we'll see...

Not advice
Comment:
Into the next wave up here - up 24% so far today 👍.


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