FET Fetch.ai Trade setup after big move, now in correction.

Fetch.AI / TetherUSBinance

Description

⋅ Mar 2, 2019 9:23 PM

Here we are, the price is consolidating near previous highs resistance, now tested 3 times as support.
Now price is approaching the resistance in formed Falling Wedge.
I see few targets near Fibonacci resistance levels 0.618 and 0.786.
Better buy opportunities we can have at buy range below 0.382 Fibonacci support.
Stop loss under 0.114 Fibonacci level.

Trade closed: target reached

⋅ Mar 3, 2019 9:23 AM

Reached 0.618 target

Comment

⋅ Mar 3, 2019 11:59 PM

Now in buy range bound, careful with position size as price can dump lower.

Comments

jojotrading

⋅ Mar 4, 2019 5:39 AM

Thank you for the update! It dumped lower than expected. *Thanks to BTC! :(

jojotrading

⋅ Mar 4, 2019 5:40 AM

@jojotrading, I am still holding it, grateful if you could provide any update! Thank you!

ArShevelev

⋅ Mar 4, 2019 8:47 AM

@jojotrading, looks like it need go small sideways before next move. But BTC unstable now, so it probably will be slow and weak move for fet