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sergidown
Jan 23, 2023 6:33 PM

FET reached critical down trend line 

Fetch.AI / TetherUSBinance

Description

Price has reached a long term down trend line with barely non-stop price action in the last weeks. Price is not expected to break the trend line without previously revisiting the 0,2 - 0,165 USDT zone.

If it managed to break the trend line, expect a retest to 0,2 USDT and a further attack to the 0,49-0,62 USD area.

Comment

FET Showing strength at the trendline, no pullback to the support yet.

Comment

Price decided to skip testing the upper side of the trend line after breaking. I would now expect it to come down towards 0,2 to test the level.
Comments
behdark
Thank you, it was an interesting idea
SwallowPremium
Great work! We are agree with this price movement. Thank you)
narendrauppin1
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