Fetch.ai (FET) - Bullish divergence

14 lip 2022

Some alt-token sell offs are ridiculous. Have no idea who is selling after a 90% correction. The secret is to buy low, sell high.

On the above 1-day chart price action has corrected 90% since last November. Now is a excellent moment to be long. Why?

1) The ‘incredible buy’ signal.

2) Regular bullish divergence. Multiple oscillators are printing positive divergence with price action.

3) RSI resistance breakout.

4) Price action tests past resistance (see weekly chart below).

Is it possible for price action to fall further? Sure.

Is it probable? No.

Ww

Type: trade
Risk: <=6% of portfolio
Timeframe: 1 to 3 months
Return: Don’t know.

Weekly chart - Price action testing past resistance

16 sie 2022

Zlecenie aktywne

7 wrz 2022

Zlecenie aktywne

Excellent moment to be long, price action breaks from falling wedge on Fib level



Same also true on the BTC pair

7 wrz 2022

Uwaga

A 'great buy' signal printed on the BTC pair. Hold it until the upper side of the channel for 800%

7 wrz 2022

Uwaga

That was the weekly pair above, the 10-day below

17 wrz 2022

Zlecenie aktywne

Weekly chart confirms support on past resistance. Be patient and you'll be rewarded.

28 wrz 2022

Zlecenie aktywne

3 lis 2022

Zlecenie aktywne

Do you...

never mind

9 gru 2022

Uwaga

'do you' confirmed.

Now, do you see where resistance is it?

6 sty 2023

Zlecenie aktywne

13 sty 2023

Uwaga

Up 230% so far, not bad.

There are some indications of...

19 sty 2023

Uwaga

Currently overbought with sell signal. Look for support at 18-19 cents.

22 sty 2023

Uwaga

Take profits - don't let emotion hoodwink you into greed, it is all too easy.