FET FETCH.ai about to define its final target

מעודכן
Lets start with the local inner fibs: Got a nice 5 wave structure obeying the rules and possibly going to end near this 8.236/16.236 confluence. Could as well still go to 3-4-5 usd before reversing as trend is very strong.

On the intermediate it would be very good to trigger 2.618 @ $5.30 on this leg to get a final high target in 4.236 area. If it fails to trigger, it most likely "only" will reach max 3.618

On the large fibs if it happens to trigger 1.886 on the run this will ultimately set even more higher targets for the next leg up to come after this cycle.

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הערה
on way to lower prices תמונת-בזק
הערה
after 1.272 usually comes 0.886 תמונת-בזק

would back test the brake out
הערה
here we are

a) equal legs
b) last legs on 8.236
c) last legs last wave on 8.236

would still make sense to clear stops below 1.00 somehow. starting buy in anyways

תמונת-בזק
הערה
oh and d) clearly corrective pattern with the 2nd legs as a big a** wedge
הערה
not too bad taking most off here waiting retrace

תמונת-בזק
הערה
awesome how it did that retrace. all reasonable targets remain valid given on the initial analysis
Chart PatternsFETfetchfetchaiFETUSDTTrend AnalysisWave Analysis

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