without_worries

Fetch.ai FET - Bullish divergence

Long
BINANCE:FETUSDT   Fetch.AI / TetherUS
On the above 4-day chart price action has corrected 70% since the sell signal in November. Now is a excellent moment to be long. Why?

1) Price action and RSI resistance breakout.

2) Regular bullish divergence. Multiple oscillators are printing positive divergence with price action.

3) Price action tests past support that first printed 3 years ago.

Is it possible for price action to fall further? Sure.
Is it probable? No.

Ww

Type: trade
Risk: <=6% of portfolio
Timeframe: Now
Return: Awesome return. Will say elsewhere
Trade active
Comment:
P's, remember the GRM support post for BTC pairs? Have a lookie for this one...
Comment:
might not feel like it but up 30% in the last 15 days
Comment:
Just to reiterate the above update, but you would have increased your Satoshi value by half in the last 30 days with this trade. It is important to remember that is the only purpose of this speculative game, increase the number of Bitcoins you hold. Have a plan, make it work..

Trade active:
** Close swing trades this weekend **
Comment:
GRM support confirmed
Trade active
Comment:
on support
Comment:
GRM support confirmed (again).
Comment:
The last thing you want to see if you're bear is price action entering a bear flag formation.

Comment:
A long from 27 cents would be good.
Comment:
The above comment remains true. Has a few asks, now the answer. Time for a cuppa.

Daily
Comment:
170% so far. Not long until target. Do you know what it is?
Comment:
Now up 600%.

Price action is fast approaching the bull flag extension. Use the exit liquidity provided by the AI hype train in the coming weeks to unwind long positions.

Monthly
Trade closed: target reached:
Flag extension met..

BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy

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Allow 3-6 months on ideas. Not investment advice. DYOR
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