FET 20x Potential?
FET is another crypto asset that has seen a HUGE pump from the bottom of over 1000%. Being it has bounced the hardest it is giving a clear sign that it has users attention.
This is a weekly macro environmental chart to highlight the current condition with the past price action as well as give some potential macro targets.
Currently price has formed a possible reverse head and shoulders with the highest target in the 2000% range. If just looking at the local range a 50% retrace of our current down trend is nearly 50% and 100% to the .786.
Being this is an expected mover higher targets for the reverse head and shoulders or the measured move may be in order.
Validation of a larger move up would be a clear brake of our current down trend preferably with a retest.
Trade Well......
This is a weekly macro environmental chart to highlight the current condition with the past price action as well as give some potential macro targets.
Currently price has formed a possible reverse head and shoulders with the highest target in the 2000% range. If just looking at the local range a 50% retrace of our current down trend is nearly 50% and 100% to the .786.
Being this is an expected mover higher targets for the reverse head and shoulders or the measured move may be in order.
Validation of a larger move up would be a clear brake of our current down trend preferably with a retest.
Trade Well......
ملاحظة
Likely still valid. Possible top here but looking more like a pause as it hopefully contiues on to its higher targets.ملاحظة
target achievedملاحظة
Video update for this chart youtube.com/watch?v=u1blMflhB4Q
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.