Here I have drawn what I believe to be the potential Phase E wave on the Wyckoff accumulation phase of Fetch.AI
FOr those of you have been following along with us for the last year, you will remember that we saw CELR and ONE all move in similarity, which you can go check yourself now if you would like. It is uncanny. It appears one of the whales is back and has...
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If look at far away on chart you see,
After huge downtrend and long consolidating
we have here a...
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...
Showing some accumulation over resistance (now support?) at ~600sats w/ decent volume
Trading /btc pairs could be a little risky so if you play it, play it safe. (tight SL just in case)
If continuation starts happening, then ~800/~880 could be good levels to watch..
Fetch.AI (FET) has made a mind-blowing surge up towards a big point of resistance.
NO TRADE ZONE
This is the zone where you shouldn't be rushing into positions but rather wait for the right opportunity.
We're at a decisive point and you as a smart trader should wait for the right moment to enter!
When is the best moment to enter?
Wait for a clear pattern to...
-the upside push is definitely high but approaching strong key resistance area at 540 sat
-I do not recommend to buy the area current price level
-wait for a pullback at key areas or a consolidation above the resistance zone
-do not catch the price because the risk-reward ratio is no longer in your favor
-plus there is no logical cut point to place a...
Look at Fetch.AI (FETBTC), it is moving just as we predicted... Enjoy the profits.
We have prices breaking above EMA100 (0.00000273) on this timeframe while aiming higher.
We looked at this pair multiple times in the past and now it is finally moving... Patience is key as we like to say.
See here the previous chart:...