Get ready, wolves🔥
There is Flag formation on FETBNB crypto pair.
There was a strong bullish sentiment before and now the price is in a consolidation.
According to Elliott Waves theory price made Wave D and now is heading to Wave E.
The price bounced from support and resistance zones multiple time and it is a good time to breakout.
The price could also break...
FET has been inside this red zone area for a while now , on this time scale , seems like is ready for an escape (or not)
Blue lines = targets/resistance areas
It is what it is!
ICO price was like 0.000022 BTC which is 0.0867 USD or 0.00858 BNB.
And what now?! You can see Price is just 5 times bigger than ICO price!!!
They will take their profits very soon!
I expect price drop over next few weeks, for like a 50% down move. Be careful here and manage your risks in any situation. Chances to go up is small like a...
![FETBNB: FET [Fetch.ai] Another Overpriced Scam-ICO](https://s3.tradingview.com/g/G3CFH0Vl_mid.png "FET [Fetch.ai] Another Overpriced Scam-ICO")
