FET: If 1.05 doesn't hold, build longs from .63-.90
This is a quick idea attached to a couple of other FET trades that I have posted.
I have a FET short trade still going, where 1 take profit area was met already, and the second take profit area is from .90-.63. I think that there is a good probability to take out the 1.05 support on FET as it stands now, and we may just visit that second take profit zone of .90-.63.
There may even be a wick down to .48 cents.
IMO this will ensue the second half of the bull run for FET and all other coins, too.
So, I imagine that we will build an accumulation area from about .63-.90.
This is where I am hoping to build FET longs if we make it down there.
I will post some more well defined targets once the time comes if it comes, but I think that FET will either double top around 3.50ish, or make it to 4.43, or if we get super bullish...around 7.14.
Thank you!
I have a FET short trade still going, where 1 take profit area was met already, and the second take profit area is from .90-.63. I think that there is a good probability to take out the 1.05 support on FET as it stands now, and we may just visit that second take profit zone of .90-.63.
There may even be a wick down to .48 cents.
IMO this will ensue the second half of the bull run for FET and all other coins, too.
So, I imagine that we will build an accumulation area from about .63-.90.
This is where I am hoping to build FET longs if we make it down there.
I will post some more well defined targets once the time comes if it comes, but I think that FET will either double top around 3.50ish, or make it to 4.43, or if we get super bullish...around 7.14.
Thank you!
Trade active
Alright - I have already started building longs in this .63-.90 area!Trade active
Trade active
I have a really nice long position built already. If the low isn't in yet, I'll add to my position if we actually go close to .63. Trade active
Note
Note
I took profits because I simply had to with a 100% gain. My position is now risk free. I'll add to it if it goes back down into the .63-.90 area. Trade active
Trade active
Note
Sry, 1.05-1.08 S/R is what I'd meant. Trade active
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