FET/BTC buy orders setRising wedge is complete, hopefully bouncing on the previous support.
Buy targets can be seen in the green box.
Fetch
Watch out with FETUSDT at this point! Be careful with FETUSDT! We see bearish divergence on the 1 minute chart and it looks like we have a complete rising 5-wave sequence. It needs to push trough 0.45 to become impulsive!
FET, time to shine?Hello traders,
Yesterday we talked about the possibility that FETUSDT could retrace after it soared 20%. We forecasted a classic A-B-C zigzag pattern that usually halts around the 61.8% Fibonacci level but we retraced slightly different this time!
FET retraced in a horizontal triangle that consists of five sub-waves that form a 3-3-3-3-3 structure labeled as A-B-C-D-E. Unlike the motive wave, which also has five waves, this pattern reflects a balance of forces and travels in a sideways pattern. The sub-waves are corrective and form patterns of threes.
We can count five sub-waves on a smaller timeframe so we think that this could be a buy opportunity for a short term trade with a nice upside potential. But first we need some confirmation by breaking through that upper trendline!
Stop: 0.3551
Target: 0.41-0.42
Goodluck!
FETCH AI TARGET ... HERE ARE YOUR TARGETFetch AI Just Launched.
Once We Break ABOVE 0.00014000 sats
You can set your sell orders at 0.00020000 for a retest of 0.00014000
targets above 0.00020000
first target - 0.00027900
second target - 0.00030000
FOMO but kicks in at once we break above 0.00030000
final target - 0.00043000
by the way now may be a good time to sell some bit torrent
Im not your financial advisor
DYOR :)
LET FETCHHHH ALL THE WAY
FET [Fetch.ai] Another Overpriced Scam-ICOIt is what it is!
ICO price was like 0.000022 BTC which is 0.0867 USD or 0.00858 BNB.
And what now?! You can see Price is just 5 times bigger than ICO price!!!
They will take their profits very soon!
I expect price drop over next few weeks, for like a 50% down move. Be careful here and manage your risks in any situation. Chances to go up is small like a 1/10 that it will go up...
On 5min chart we can see bearish divergence in price and RSI.
Good luck and have fun!
