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
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. 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. Note
Sry, 1.05-1.08 S/R is what I'd meant. Related publications
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.