Fetch.ai (FET) - Bullish divergence

14 ביולי 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 באוג׳ 2022

עסקה פעילה

7 בספט׳ 2022

עסקה פעילה

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



Same also true on the BTC pair

7 בספט׳ 2022

הערה

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

7 בספט׳ 2022

הערה

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

17 בספט׳ 2022

עסקה פעילה

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

28 בספט׳ 2022

עסקה פעילה

3 בנוב׳ 2022

עסקה פעילה

Do you...

never mind

9 בדצמ׳ 2022

הערה

'do you' confirmed.

Now, do you see where resistance is it?

6 בינו׳ 2023

עסקה פעילה

13 בינו׳ 2023

הערה

Up 230% so far, not bad.

There are some indications of...

19 בינו׳ 2023

הערה

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

22 בינו׳ 2023

הערה

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