In my opinion FET is playing out a textbook top in the market currently. We are facing a potential top in Bitcoin much like the first phase of the bull runs in 2015/2016 and 2019/2020. We could play out a scenario similar to either one of these historical price history points. The conditions are perfect to start a full sized FET short position IMO. The first...
Howdy! This is a follow-up to my two previous ideas -Jasmy measured move played out, and Jasmy buy zone incoming. As we've seen, the descending triangle measured move has played out. The thought behind that is in the measured move idea. I'd pulled some fib extensions based upon the bearish breakout from the descending triangle. They had the potential bottom...
The Descending triangle that took months to play out had a measured move of about 47%. It looks to have all but played out as it is currently. If this isn't the bottom, I think that there is risk of Jasmy to go to around 0.003 - 0.0034ish. I am personally scaling in at these prices.