Fetch.ai (FET) - Bullish divergence

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

עסקה פעילה

עסקה פעילה:

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

Same also true on the BTC pair

הערה:

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

הערה:

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

עסקה פעילה:

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

עסקה פעילה

עסקה פעילה:

Do you...

never mind

הערה:

'do you' confirmed.

Now, do you see where resistance is it?

עסקה פעילה

הערה:

Up 230% so far, not bad.

There are some indications of...

הערה:

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

הערה:

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