Fetch.ai (FET) - Bullish divergence

14 Tem 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 Ağu 2022

İşlem aktif

7 Eyl 2022

İşlem aktif

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



Same also true on the BTC pair

7 Eyl 2022

Not

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

7 Eyl 2022

Not

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

17 Eyl 2022

İşlem aktif

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

28 Eyl 2022

İşlem aktif

3 Kas 2022

İşlem aktif

Do you...

never mind

9 Ara 2022

Not

'do you' confirmed.

Now, do you see where resistance is it?

6 Oca 2023

İşlem aktif

13 Oca 2023

Not

Up 230% so far, not bad.

There are some indications of...

19 Oca 2023

Not

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

22 Oca 2023

Not

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