$FET Perfect Storm is Brewing

מעודכן
FA:
CogX June 10-12th (June 11th 5pm for the Fetch.AI timeslot)
SA:
Binance IEO sentiment is at an all time high.
TA:
Daily looking strong, losing the daily diagonal would not be good.
Invalidation:
BTC dumping could return us back to the daily POC or below.

Generally bullish on FET as a long term hold.
הערה
A/D indicator and Time bars don't hold any significance here, just playing around with them.

Short-term update: H1 closed above the first weekly red and daily black resistance, continuation would run it up to .2500.

Don't want to get too hopeful yet as BTC might chad pump/dump, will update trend-lines when/if we break both weeklies on the H4.
עסקה פעילה
~No retest yet on the first weekly (now support), a strong closeout on this hourly candle and we're primed to move up to the next weekly resistance. All eyes on the H1 close in ~40 minutes.
תמונת-בזק
הערה
The Doji right on the daily black line is another good confirmation.
הערה
Things are looking great, BTC is making a run for it as well. I think we retest the upper weekly tonight. A clear break through and this sh*ts going to go ballistic.

If the meme diagonals break I think we test the black resistance on the daily before bouncing up again.
19M marketcap vs 88.1M 24h volume is extremely bullish (cz MMs), i have stops up just incase BTC dumps here.

$FET Perfect Storm is Brewing
הערה
^Meant to post this chart above.
תמונת-בזק
עסקה סגורה: היעד הושג
Stopped out above.

1.95R tweezers on the M30, going for a scalp.
תמונת-בזק
עסקה פעילה
Tightened stops. 2.44R.
עסקה סגורה: הגיע לסטופ
Eyeing the .618 retracement to restock, if FET starts running i'll eye the upper weekly breakout/rejection.

2.44R trade got stopped, would have been fine with looser stops. BTC keeping me cautious still.


תמונת-בזק
עסקה פעילה
Hit the .681 retracement, not the greatest breakthrough and the H1 hasn't closed yet. Filling up further on the retest of .25 and then i sit on my hands for a few days.

תמונת-בזק
הערה
Stopped out, not inclined to reload at the .618 due to the constant retests. LINK stealing binance liquidity, rightfully so.

Focusing on ETH until majors cycle. Will re-enter alt setups at a later time.
binanceChart PatternsFETfetchaiFETUSDTIEO

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