[Update] FET / USDT Triangle formation for big opportunity 240
Hello traders, FET / USDT is in a symmetrical triangle in formation with volume reduction in confirmation.
The price stabilizes below its support zone, a signal will intervene when the downtrend line check (blue) follows on the crossing of the hit line.
The HNA indicates a reversal at this level in validation of a rise to come.
With a strong possibility of breakout this compression to seek its previous zone of resistance, between a test of a bearish trendline is to be expected.
This is not investment advice but a recommendation for use.
Thank you for taking the time to read my analysis.
I hope you enjoyed it.
Comment your ideas in the space dedicated in description.
Good luck with your trades, stay in your investor memory.
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The price stabilizes below its support zone, a signal will intervene when the downtrend line check (blue) follows on the crossing of the hit line.
The HNA indicates a reversal at this level in validation of a rise to come.
With a strong possibility of breakout this compression to seek its previous zone of resistance, between a test of a bearish trendline is to be expected.
This is not investment advice but a recommendation for use.
Thank you for taking the time to read my analysis.
I hope you enjoyed it.
Comment your ideas in the space dedicated in description.
Good luck with your trades, stay in your investor memory.
If you like my posts, mash the like button👍
Please FOLLOW me, thank you!