Fetch.ai (FET) - Bullish divergence

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

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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

Bình luận:

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

Bình luận:

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

Giao dịch đang hoạt động:

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

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Giao dịch đang hoạt động:

Do you...

never mind

Bình luận:

'do you' confirmed.

Now, do you see where resistance is it?

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Bình luận:

Up 230% so far, not bad.

There are some indications of...

Bình luận:

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

Bình luận:

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