Fetch.ai (FET) - Bullish divergence

14 thg 7, 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 thg 8, 2022

Giao dịch đang hoạt động

7 thg 9, 2022

Giao dịch đang hoạt động

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



Same also true on the BTC pair

7 thg 9, 2022

Ghi chú

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

7 thg 9, 2022

Ghi chú

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

17 thg 9, 2022

Giao dịch đang hoạt động

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

28 thg 9, 2022

Giao dịch đang hoạt động

3 thg 11, 2022

Giao dịch đang hoạt động

Do you...

never mind

9 thg 12, 2022

Ghi chú

'do you' confirmed.

Now, do you see where resistance is it?

6 thg 1, 2023

Giao dịch đang hoạt động

13 thg 1, 2023

Ghi chú

Up 230% so far, not bad.

There are some indications of...

19 thg 1, 2023

Ghi chú

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

22 thg 1, 2023

Ghi chú

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