Fetch.ai (FET) - Bullish divergence

14 Jul 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 Agu 2022

Trade aktif

7 Sep 2022

Trade aktif

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



Same also true on the BTC pair

7 Sep 2022

Catatan

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

7 Sep 2022

Catatan

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

17 Sep 2022

Trade aktif

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

28 Sep 2022

Trade aktif

3 Nov 2022

Trade aktif

Do you...

never mind

9 Des 2022

Catatan

'do you' confirmed.

Now, do you see where resistance is it?

6 Jan 2023

Trade aktif

13 Jan 2023

Catatan

Up 230% so far, not bad.

There are some indications of...

19 Jan 2023

Catatan

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

22 Jan 2023

Catatan

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