Locked and Loaded FET/BTC #FET $FET #FETBTC
There appears to be an Inverted Head and Shoulders on our FET BTC chart ! That's good . That's a bullish structure . You can see the structure has been building since we bottomed out near 640 sats not that long ago . It shouldn't be long now until we complete the right shoulder which we are already halfway through . And then this should go up ! First target area would probably be near the top of the Ichimoku cloud around 12xx sats or so. Where the green arrow is .
After that we have to consolidate on top of the cloud and will need to break through our previous resistance of 1550 but then we should definitely see more upside ! FET looks great for this year ! A gem .
PS - you can see we've clearly closed above that previous Falling Wedge we were in so that's also Bullish .
After that we have to consolidate on top of the cloud and will need to break through our previous resistance of 1550 but then we should definitely see more upside ! FET looks great for this year ! A gem .
PS - you can see we've clearly closed above that previous Falling Wedge we were in so that's also Bullish .
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Playing out as expected ! The rise on FET has started We've closed above the 50 MA and a Bull's Cross will probably happen soon enough . This is Bullish - I expect more upside .
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FET just closed a green candle inside the Ichimoku cloud on the daily chart ! This looks great ! We should definitely head to the top of the Ichimoku cloud and eventually to close over it . Be patient but this looks great for this Spring .
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Gotta close this trade - World events seem to be causing big pullback with Bitcoin as well as the rest of the market. I'll look for a better position in the near future with FET .I still think it will do great this year but it's been quite strange macro conditions in 2022 . Definitely protect your profit whatever trade you're in .