=====>Mid term $Fet 50%-200% possible gain. Best possible setup!
Hello Traders,
I have been looking for good setups as of late. Mostly for good quality coins that did not take off as of yet! Previous major rally , Fet was able take off faster than most. Daily chart clearly indicates bottom should be in but of course mainly depending of BTC as well. I made 4 personal targets based on previous chart action. First target is sitting at 50% profit zone and the last one is at nearly 180% profit zone. But anything can happen with this one! Long term ultimate target is $1+ so it is 10x. I will update this chart as we move along! Good luck!
I have been looking for good setups as of late. Mostly for good quality coins that did not take off as of yet! Previous major rally , Fet was able take off faster than most. Daily chart clearly indicates bottom should be in but of course mainly depending of BTC as well. I made 4 personal targets based on previous chart action. First target is sitting at 50% profit zone and the last one is at nearly 180% profit zone. But anything can happen with this one! Long term ultimate target is $1+ so it is 10x. I will update this chart as we move along! Good luck!
Comment:
For this to succed we need btc to close the daily candle above 23k.Otherwise things are not so simple anymore. So be aware! But Fet really wants to go above $0.1 zone. Lets see how things will fold! Btc doesn't look so confident above 23k(could be fake) ! Fet is currently 0.0939.
Comment:
Yes! Fet was able to pull 0.1 with ease! If it can stay above next few days , could mean it is good to go to next level which is roughly around 0.135 zone. This zone was previously acting as strong support so I am assuming this level could now act as new local resistance point, May require few confirmations before deciding the next path.
Comment:
Still trying to establish support on $0.1. Bulls fighting hard with bears and so far winning. Within a week we should see the clear winner! Hopefully Btc won't ambush us in the mean time!
Comment:
Another 10% squeeze today. Fet looking strong so far. I mean If bears going to play scary bear game , best place to act is 1.35 zone otherwise it is pretty much waste of time for everybody! Hopefully people will stick to the simple plan!
Comment:
Btc scared the market and it's investors one more time for the 100th times of this year alone. Some traders needs stronger skins to be able to succeed in the crypto land. We are back to square 1 again. Many alt-coins got hit hard but Fet holders were quite lucky. So far we have seen some power flex bicep moves but real action still yet to be seen. If daily candle closes below the solid red line , this is the place to think of cutting losses. If we go above $0.1 and stabilize there then the action still alive. We should know within a week or so!