FET/BTC TA Update (Bounce at Golden Support Area?)FET/BTC
FET is on a deep pullback and it's in the range of 0.5 - 0.618 Fib support area. If price can hold this level for the next 7 days,
I expect a bounce will take place as the 50 Day MA plus the ascending trend-line support will give an extra boost to make the trend rising again.
Fetbtclong
FET/BTC TA Update (Temporary Top?)FET/BTC
FET went on a 90% pump from its Higher Low at 470 sats. It hasn't built any strong support during its parabolic move up,
I have highlighted in the chart where the potential support area may hold for another leg up.
This is not the best time to buy FET, wait for a healthy pullback to avoid FOMO buying.
FETBTC formed bullish BAT | A good buying opportunityPriceline of Fetch / Bictoin cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss.
We have a 100 simple moving average support above the PRZ area therefore the priceline may only give spike in this buying zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000513 to 0.00000492
Sell between: 0.00000524 to 0.00000549
Regards,
Atif Akbar (moon333)