I had been drawing this chart since FET touched the low but couldn't publish.
There's bullish divergence on RSI and OBV as seen in my chart. The technicals really look bullish to me.
Talking about the fundamentals, FET is a very good project - most of the code is written in C++ and that shows the expertise of the team. It's currently above 300 in MCAP and I think it deserves to be in top 100 at least. If it goes till 100, you can expect 5x profit in BTC value.
There's major resistance around 2000 sats - also expecting 7 MA to crossover 99 MA and that will be the first time since Apr 18 before touching 4684 sats.
Currently 7MA and 25MA is acting as support and I suggest you not to short it above 1650 sats (also let 4H candle to close).
Speaking about sentiments,
MATICBTC
had great bullish sentiments and during the same time, there was seen a good volume coming in FET. During bull run, these are among the top coins to get pumped. After MATIC, I think it's time for FET to rock,
A good time to buy and a very good coin to HODL.
There's bullish divergence on RSI and OBV as seen in my chart. The technicals really look bullish to me.
Talking about the fundamentals, FET is a very good project - most of the code is written in C++ and that shows the expertise of the team. It's currently above 300 in MCAP and I think it deserves to be in top 100 at least. If it goes till 100, you can expect 5x profit in BTC value.
There's major resistance around 2000 sats - also expecting 7 MA to crossover 99 MA and that will be the first time since Apr 18 before touching 4684 sats.
Currently 7MA and 25MA is acting as support and I suggest you not to short it above 1650 sats (also let 4H candle to close).
Speaking about sentiments,
MATICBTC
had great bullish sentiments and during the same time, there was seen a good volume coming in FET. During bull run, these are among the top coins to get pumped. After MATIC, I think it's time for FET to rock, A good time to buy and a very good coin to HODL.
Trade active:
I had given LONG signal at price 1805 (denoted by Blue Arrow). It's over 60% up since the signal.
There's high moon volume incoming in FET as seen since 5th candle after my signal.
The OBV and RSI are again getting higher lows. Plus there's rising sentiments over Twitter .
Advice: Don't sell BINANCE:FETBTC below 2200. Next target is 3500 which can be reached or even breached by the coming crossover of 50MA over 100MA in 4H. If you're eyeing for short term opportunity, be ready to start putting tight SL after the crossover pump.
See full idea here -
There's high moon volume incoming in FET as seen since 5th candle after my signal.
The OBV and RSI are again getting higher lows. Plus there's rising sentiments over Twitter .
Advice: Don't sell BINANCE:FETBTC below 2200. Next target is 3500 which can be reached or even breached by the coming crossover of 50MA over 100MA in 4H. If you're eyeing for short term opportunity, be ready to start putting tight SL after the crossover pump.
See full idea here -
