FET - Daily - "Local Distribution Taking Place?"
Click Here🖱️ and scroll down👇 for the technicals, fundamentals and more behind this trade!!!
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///////👍✋Not financial advice, do your own due diligence ✋👍////////
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➡️Technical Standpoint⬅️
1.) Currently on its 3rd attempt to break the 2.382 Fib.
2.) Exhibiting distribution behavior (www.investopedia.com...ycle-trend-price.asp)
3.) Although social activity is signaling strong interest, I do notice a silent drop of interest in this area.
4.) Downside is greater than upside at this time.
➡️Fundamental Standpoint⬅️
1.) Mainnet 2.0 (Current price might have factored in this event already)
➡️Current Season⬅️
- Altseason
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//////Indicator Legacy/Meaning//////
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✨ Linear Regression Line( LR ): is the green/red worm-like line.
✨ Major Resistance Line( MRL ): is the color fuchsia.
✨ Major Support Line(MSL): is the color aqua.
✨ Social Activity Indicator(SA):
- Based on trader sentiment. The indicator will provide either a Strong Interest, Neutral/Some Interest, or No Interest signal.
- Lime background = spike in interest.
- Yellow background = drop in interest.
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///🎉🎉🎉Before You Go🎉🎉🎉///
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Leave a like👍 and/or comment💬.
We appreciate and value everyone's feedback.
""Keeping it short and sweet as always.""
- assetsandcoffee📈☕
________________________________________________________
________________________________________________________
//////////////////////////////////////////////////////////////////
///////👍✋Not financial advice, do your own due diligence ✋👍////////
/////////////////////////////////////////////////////////////////
➡️Technical Standpoint⬅️
1.) Currently on its 3rd attempt to break the 2.382 Fib.
2.) Exhibiting distribution behavior (www.investopedia.com...ycle-trend-price.asp)
3.) Although social activity is signaling strong interest, I do notice a silent drop of interest in this area.
4.) Downside is greater than upside at this time.
➡️Fundamental Standpoint⬅️
1.) Mainnet 2.0 (Current price might have factored in this event already)
➡️Current Season⬅️
- Altseason
//////////////////////////////////
//////Indicator Legacy/Meaning//////
//////////////////////////////////
✨ Linear Regression Line( LR ): is the green/red worm-like line.
✨ Major Resistance Line( MRL ): is the color fuchsia.
✨ Major Support Line(MSL): is the color aqua.
✨ Social Activity Indicator(SA):
- Based on trader sentiment. The indicator will provide either a Strong Interest, Neutral/Some Interest, or No Interest signal.
- Lime background = spike in interest.
- Yellow background = drop in interest.
//////////////////////////////////
///🎉🎉🎉Before You Go🎉🎉🎉///
//////////////////////////////////
Leave a like👍 and/or comment💬.
We appreciate and value everyone's feedback.
""Keeping it short and sweet as always.""
- assetsandcoffee📈☕