💎Technical Analysis Summary💎
-After the recent small run-up, Fetch.AI is back at previous key support
-The big question we have is, will this support hold again?
-Tough to answer this one right now so we need to be careful
-My advice is to wait for a few days until it forms a base of support
-And zome in on 4H timeframe to look for early buy...
FET/BTC is in a BULLISH DOUBLE BOTTOM! Big gains ahead!!!
Also just had a nice pullback while BTC was misbehaving.. FET is on sale and finding support at 905....
This is a mid term hold idea.
News on September 30 as well....
Trade safe my friends...
For a FET we don't have much to do besides wait.
We don't know what this accumulation is if it is a reversal or continuation pattern
This accumulation could become a bull flag if the price goes above 660 satoshis on the daily chart, and if the price drops the target is on the next important support...
For Fetch, we had an excellent entry point into the demand zone for this asset, but this train has already passed.
But if anyone is bought in this asset should think about booking some profits considering that we are in an overbought zone in a lot of indicators. A correction would be healthy for the...
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...
This pattern has been appearing across a wide range of alt coins including Fetch and District0x, district0x in which i am long on. Is this a bullish pattern? Alt coins may be on the VERGE of large growth. The pattern shows a clear top with an indistinguishable shoulder formation. Any comments on the formation would be helpful..
Priceline of World's 117th ranked cryptocurrency out of more than 2300 cryptocurrencies Fetch.ai (FET) with Bitcoin pair is forming bullish Shark pattern and soon it will be entered in potential reversal zone and will be ready for bullish reversal soon.
This potential reversal zone should be used as stop loss in case of complete candle stick closes below this...