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...
• This is the first time 50MA is crossing 100MA downwards since 03-MAR-2018. This mostly signifies a downfall.
• Also, BTC tried hard to get over the falling trendline but has been rejected more than twice in a row.
• RSI and MACD on 1H also depicting bearish zones without divergences from the price.
The next major support is at 8200-8300 and then 7700. Major...
The yellow trend line has not been broken since 2017. Zoom in and witness the support level is around 6445. This is a very crucial support level. During Feb low (6000), the trend line was still active. MACD also suggesting sell-off and RSI suggesting oversold.
• On 4H chart, BTC is forming a double bottom with the base at 6000. If this is followed,...