FET channel in 52% increments. Pivot points.

Fetch.ai (FET) Channel with a step of 52% Price is now at the upper border of the channel if there is a breakthrough and price fixing above the channel resistance line, then the growth potential is the width of the previous channel.
This is a coin for pumping, and therefore it can be pumped higher, but it’s better to take profit less, but for sure, than much ever, and maybe never.
It is also worth noting that in front of this channel there was a downward wedge that was pierced without correction. Just the first goal of this downward wedge and the growth target for the width of the existing accumulation channel coincide in the same price value - 0.00000950.
  But this is provided that the channel resistance is broken and the price fixes above it.

Another option, if this does not happen and the price turns around, in this case, trading inside the channel. Wait until the price drops to the bottom of the channel, support is confirmed and then the entrance. The movement to the channel resistance is about + 40-50% depending on the entry point and again observe what kind of reaction the resistance level will be.
By the way, who does not understand, this is a more profitable and predictable trade.

Bình luận:

+34%

Đóng lệnh: đạt mục tiêu:

+ 53% Trade in the new channel, if support is confirmed.

Bình luận:

Bình luận:

Target taken + 33% (to channel resistance, purple region)

Bình luận:

Further work on the coin.
Support for horizontal channel is broken. Price fixed under it.
A large downward wedge forms.
Entrance on a breakthrough or pullback after a breakthrough of the resistance line of the downward wedge

Đóng lệnh: đạt mục tiêu:

+611%