Fetch.ai (FET) to print 70% correction

Since August of last year price action has risen to provide a 1700% return as forecast (long idea below). A number of reasons now exist to appreciate long risk far outweighs reward.

On the above 8 day chart:

1) Price action has arrived at legacy resistance in the uptrend channel. Look left. This is also true for the FET.btc pair (below)

2) As with previous corrections price action prints a bearish engulfing candle following a strong up trend.

3) Everyone on tradingview.com is bullish, remember 90% of market participants lose money.
www.tradingview.../FETUSDT/ideas/?sort=recen...

Is it possible price action continues in uptrend? Sure.
Is it probable? No.

Ww



FET Long idea, August 2023

FET.btc 8 day pair

Zlecenie aktywne:

Resistance confirmed.

Komentarz:

Under a dollar will come, both USD and FET.btc pairs now print high probability sell signals on the 3 day charts. Look left!

3 day USD pair

3 day FET.btc pair