Fetch.AI (FET/USDT) Swing Long Trade Setup (12H Chart)
The 12-hour chart for Fetch.AI (FET) presents a promising swing long opportunity, supported by a hidden bullish divergence. The Money Flow Index (MFI) is rising, indicating increasing liquidity and momentum in favor of buyers, enhancing the validity of this trade setup.
Key levels to watch:
Initial Take Profit (TP1): $1.555
Secondary Target (TP2): $1.800
Trade Strategy:
If stop-loss (SL) is hit, it could present a good opportunity to re-enter the trade, as the overall structure and MFI suggest bullish conditions.
Disclaimer: This is not financial advice. Trade at your own risk, and ensure proper risk management.
Key levels to watch:
Initial Take Profit (TP1): $1.555
Secondary Target (TP2): $1.800
Trade Strategy:
If stop-loss (SL) is hit, it could present a good opportunity to re-enter the trade, as the overall structure and MFI suggest bullish conditions.
Disclaimer: This is not financial advice. Trade at your own risk, and ensure proper risk management.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.