SpaceCatZ

Long Term Fet prediction! Weekly chart (Hopeum Edition)

Long
SpaceCatZ Updated   
BINANCE:FETUSDT   Fetch.AI / TetherUS
Please feel free to zoom in and out of the chart for better clarity. For quite some time I was stuck in 4 hourly daily charts . Given the current situation ,I personally avoided checking larger weekly time frames for quite some time until now. I am not saying we are out of the bag yet!!. It still feels like this bottomless well is sucking us in. Then I said to myself wait, this is how we are supposed to feel just before the tide changes direction.

I felt the same when btc hit around $4000 last time. When zoomed out of the weekly chart, I noticed that only 2 buy signals generated(many common buy indicators are lighting up at the same time)

First time this happened was back on march 9 2020 ish from that point price went up to ~1.2$ (roughly 11000% growth) I took these numbers as a reference point and also assumed supply increased by 6 folds over the last couple years. I estimated that during the next bull run $fet could possibly grow roughly 2000% percent .
Comment:
I have a feeling that something is about to happen on a shorter time frames.$0.0627 currently.
Comment:
Good action happening .But it not a strong rally yet. We will know soon enough!
Comment:
fet reached the first target. of $1.0 -1.1. Now $1 should act like support and eventually claimed. Pushing this any further usually ends up in failure unless Btc helps out a bit. Main thing is Correct slightly at this level and wait till Bollinger bands narrows down a bit.
Comment:
alright $0.15 . expecting $1.8-$2.1 max target for this run and expect to correct for a while right after.
Comment:
0.1950 range has been reached as expected. We could go up a bit more but we need to correct now! Otherwise it will dump really hard.
Comment:
Unfortunately , we push this too hard to 0.26level. Near 5x from the bottom in very short time.Reminding you that market conditions did not change yet! They will bring up FTX news many many times for market manipulation. Lets hope that we don't crash badly! I am no longer in any positions till we correct.
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