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MyCryptoParadise_Simon
Apr 2, 2024 11:57 PM

FET/USDT bullish OB trajectory? ๐Ÿ‘€๐Ÿš€FET Today analysisย Long

Fetch.AI / TetherUSBinance

Description

โ‹…
๐Ÿ’Ž Paradisers, letโ€™s delve into the intriguing movement of FET/USDT. Currently, the price is approaching a bullish order block (OB) that weโ€™ve refined on the 2-hour timeframe at the level of $2.2111. This level holds immense significance, and its ability to transition from a mere retest to a robust bullish move could lead to breaking above the previous high and continuing the bullish journey.

๐Ÿ’Ž After following a higher low trajectory, FETCHAI presents interesting scenarios. If the recent low breaks, we need to shift our strategy and pay attention to secret price action (SPA). In this case, we can expect a bullish rebound from below the bullish OB refined on the 4-hour timeframe.

๐Ÿ’Ž However, we must remain vigilant. If the price of NYSE:FET drops below the 4-hour OB, it indicates that bears are taking control. In such a scenario, we should consider short entries. Remember, itโ€™s all about patience and having the right strategy
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