In the process of learning TA so all feedback is welcome and definitely not advice on what to do! FET is continuing its uptrend, it broke above to 55 cent briefly before retracing which is normal after nearly 1000% run up, In the past there has been a lot of support at 0.38 cent so to me looks like an ideal entry point, could be a nice bounce up to 0.47 cent if...
Providing we don't see BTC drop lower, and if we don't see KAVA drop below the trend line drawn, it could be set to make a good bounce against BTC.
This was just me randomly drawing trendlines so I'm not sure how much sense it makes but if it does let me know!, but it broke out of that downtrend on the daily, and hitting the 40k support making another higher low?
This is my first time publishing a chart, I've literally only started learning about indicators etc over the last two weeks, so this could be all completely wrong! VRA clearly in a downtrend going by the trendlines in the chart, with support lines around 0.25 and 0.2 cents, however RSI is approaching 'oversold' territory on the daily meaning it could be an...