Greetings everyone,
FET has experienced a significant correction of over 50% after a major pump and is currently in a resting phase. As shown in the chart, FET is experiencing a pullback to the broken pivot in the weekly timeframe, and we can anticipate it to find support and rebound between 0.18-0.25. It may be advisable to wait for this area to establish a new long position. Our analysis suggests that in the next round, FET has the potential to reach the price range of 0.81-1$.
We also recommend monitoring FET/BTC as it is approaching the support area in the daily timeframe. It may be prudent to buy in the spot around the pivot while keeping an eye on the price levels.
Please note that investing in cryptocurrencies comes with significant risks. It is always wise to conduct your research and consult with a financial advisor before making any investment decisions.
FET has experienced a significant correction of over 50% after a major pump and is currently in a resting phase. As shown in the chart, FET is experiencing a pullback to the broken pivot in the weekly timeframe, and we can anticipate it to find support and rebound between 0.18-0.25. It may be advisable to wait for this area to establish a new long position. Our analysis suggests that in the next round, FET has the potential to reach the price range of 0.81-1$.
We also recommend monitoring FET/BTC as it is approaching the support area in the daily timeframe. It may be prudent to buy in the spot around the pivot while keeping an eye on the price levels.
Please note that investing in cryptocurrencies comes with significant risks. It is always wise to conduct your research and consult with a financial advisor before making any investment decisions.
Comment:
one of my best trades was on fet , hope every one enjoyed that
