Fetch.ai (FET) - Bullish divergence

アップデート済
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

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トレード稼働中
トレード稼働中
Excellent moment to be long, price action breaks from falling wedge on Fib level

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Same also true on the BTC pair

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

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

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トレード稼働中
Weekly chart confirms support on past resistance. Be patient and you'll be rewarded.

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トレード稼働中
トレード稼働中
Do you...

never mind
ノート
'do you' confirmed.

Now, do you see where resistance is it?
トレード稼働中
ノート
Up 230% so far, not bad.

There are some indications of...
ノート
Currently overbought with sell signal. Look for support at 18-19 cents.
ノート
Take profits - don't let emotion hoodwink you into greed, it is all too easy.

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FibonacciMultiple Time Frame AnalysisOscillators

BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy

Weblink: patreon.com/withoutworries

Allow 3-6 months on ideas. Not investment advice. DYOR
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