FET looks incredibly bullish. Reaching the horizontal at ca. 5.5k is a matter of when, not if. With $19m, FET has by far the smallest marketcap of all IEOs that launched via Binance. With 4 times the marketcap, the daily traded volume is insane! This thing is going to pump sooner or later.
pretty sure it'll develop this way. the selling here is not just profit taking, we need to cool off for a couple of days.
A lot of market participants seem to be following this developing iH&S. This is why it likely will fail to complete. - I'll long the bottom of the right shoulder once confirmed - I'll build a short position between 6800-6950 few big players still move this market, distribution of bitcoin has basically just begun. unlikely that 6k is the bottom; it's still a...