FETBTC
Nearing the End of the Fetch.AI Wave 5?I had meant to post this, but for those of you in our private den you already had the low down.
It looks we will get the final of wave five, now if its anything like the previous wave it could actually break to the top of the bear claw as you can see on our page. But, if it doesnt this conservative point at the 1.618 extension on the FIB seems liek a great profit take for about 40$% of a run from the original set.
This Fetch run has been beautiful, it really taught me a lesson in patience in strategy, especially when dealing with these lower market cap ideas.
As we can see it fit in the same line that we had with MATIC and Celer- There is whales moving and it pays well to pay attention to the waves as they come in,
For this reason ONE also landed on the private bear dens Watch list for those of you have been able to enjoy the wave.
Tijo-
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
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
$FET Good Time to Enter Now?Fetch was one of the most hyped project of IEO along with MATIC, BTT, and CELR.
Let's see how this one age.
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