FETBTC trade ideas
FETBTC is close to supernova explosion.hi everyone.
I am a developer a trading bot with artifical intelligence called "Mikabot" ,"TraderMikabot"
since i develop this smart bot, i have math tecnique about trading
i love long falling wedge
i love fibonacci support and resistance
i believe in the math in trading
fetbtc is in midterm falling wedge
fetbtc is in also curve that is strong.
look at the fibonacci levels
21 may 2019, fetbtc rised to fibonacci level (0.00004340)
look at the down trend from 14 march
maybe you can not see but fetbtc is in a small pennant to rise
in the big picture, look at the long term logaritmic down trend line.
if fetbtc breaks these trends, then fet will be able to exlose :)
we will see what will happen
FETCH Breakout of Triangle / New Bull Flag & Target $FetYesterday, Fetch Brokeout of the Sym Triangle and we can argue on it being ascending Triangle too.
Price touched 2800 sats area which fib shows as 0.382 Retracement area. Price have pulled back quite a bit and currently its forming Bull Flag.
If this Bull flag works out, our next target is 3k or slightly above that.
Trade on breakout of the bull flag. Also look out for the retest of 2450 area.
Fet/btc breakoutFet broke out after a long consolidation , volume is alright and it hit the first resistance at 2340s. I will re-long the retest of 2150~ or the retest of the 21 ema on the h1 (yelow line). Also 21 ema on the daily is around 2200 so wait for a close above it for a higher probability trade.
Targets are :
2340 and 2600