Fetch.ai (FET) - Bullish divergence

2022年7月14日

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

2022年8月16日

交易开始

2022年9月7日

交易开始

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



Same also true on the BTC pair

2022年9月7日

注释

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

2022年9月7日

注释

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

2022年9月17日

交易开始

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

2022年9月28日

交易开始

2022年11月3日

交易开始

Do you...

never mind

2022年12月9日

注释

'do you' confirmed.

Now, do you see where resistance is it?

2023年1月6日

交易开始

2023年1月13日

注释

Up 230% so far, not bad.

There are some indications of...

2023年1月19日

注释

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

2023年1月22日

注释

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