MyCryptoParadise_Nathan

FET/USDT Break the Descending Channel, Upward Momentum ???

BINANCE:FETUSDT   Fetch.AI / TetherUS
πŸ’Ž FET has undoubtedly garnered our attention. Recently, FET triumphed in breaching the Descending channel pattern. In the lower time frame (LTF), FET is in the midst of a retesting phase, poised for further ascension.

πŸ’Ž Probability Its eyes are set on the Supply area, a critical juncture for affirming a bullish stance. A successful breakout here is crucial. However, failure to do so could see FET retreating to nearby support levels to gather fresh momentum.

πŸ’Ž However, there's a risk. If FET's breakout proves to be a false dawn, it could spell trouble. A return to the demand zone without sufficient buying pressure, leading to a breach below, could initiate a worrying slide for FET, potentially extending down to the next substantial Key support zone.
Trade active:
Bingo! #FET is dancing to our tune, up 19.56% just like we predicted.


Do you Want to start trading like a PRO?

Follow a team of traders with 10+ years of experience?

JOIN FREEπŸ‘‰ t.me/+IaNzEzXsdiBlNDg0

πŸŽ–οΈOr Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals πŸ‘‰ shorturl.at/ikpAV
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.