Trying to push back to ~280 sats resistance level once again...
For now I don't like this setup, volume decreasing, UCTS red across all TFs...
If ~280 is crossed / Flipped into support, then looking for potential entries...
Ross hooks are a simple but effective tool that allows you to access the market with minimal risk. This tool is associated with the counter-trend pattern “trend change by 1-2-3”. Trading tactics on the old timeframes.
And now we forget and understand the following things
- ROSS hooks - an indicator of a change in trend
- I made the idea long before...
The same chart still remains valid for Fetch.AI (FETBTC).
Here we have a broken down-trendline as well as increasing volume with bullish indicators.
Prices for FETBTC are now challenging EMA50 and getting ready to jump on a break of this level.
If EMA50 can't be conquered, we will see additional consolidation before the jump.
We are bullish on Fetch.AI...
Fetch.AI (FETBTC) just bounced off a new All-Time Low and is trading above EMA50.
These are bullish signals... but there is more.
The MACD is now above 0 and the RSI really strong.
On the chart above, we have a 200% target followed by 435%+.
Conditions for change
Our stop-loss is at 0.00000192.
If prices close below this level, the above analysis and targets...
So here we can see a bullish setup for FET/USDT on the daily.
We have a near 4R trade setup forming. We need to wait for the daily close in the cloud and then we shall enter.
Chikou - bullish
TK cross - bullish
First candle to possibly close in the cloud - bullish if closes in the cloud
Flat Kumo top - check
A really nice trade setup just be patient and wait...
Finally its safe to say the March 13 drop was bitcoin and fetch.ai bottom. After a year of accumulation and downtrend we are ready.
Chart shows we are already on uptrend.
Lines on the chart shows resistance and once it breaks it will turn into support.
Colored boxes are heavy resistance which might be an area of accumulation.
Heavy accumulation is = Great...
Trying to break from accumulation? range between ~200/236 sats
UCTS Buy signal on the Daily and LTF
Volume showing some nice activity but needs continuation..
For now looking at a potential retest of breakout level for a Flip & continuation to the upside
-a bullish breakout above 50ma and local resistance
-second day trading with strong bull volume
-potential bull cross of 20ma to 50ma
-upside potential is up to 350s
-enter the zone at 250s
-stoploss below 200s
Today I'm gonna be doing a quickly update for FET/BTC based on indicators, we have huge RSI bullish divergences, and MACD is also crossing the moving averages and histogram just pointed a bullish trend.
But we are inside Bearish Accumulation pattern, and we can have a drop if we loose this minimun accumulation
If We cross the green mark in the...