Hello everyone, I’m Cryptorphic. I’ve been sharing insightful charts and analysis for the past seven years.
Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~ Charts supported by critical fundamentals.
Now, let’s dive into this chart analysis:
FET has gained 66% since our previous post and it is currently facing 21 EMA resistance at $1.35.
The hidden divergence in the RSI has played out well, and bullish momentum remains strong. Once FET breaks above this 21 EMA resistance, it will likely rally toward the $3–$4 target range.
The key level remains unchanged.
- Primary Resistance: 21 EMA at $1.35. - First Target: $3-$4. - Higher Target (Long-term): $10-$12.
DYOR, NFA.
Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.