Here we see our FET daily chart and you can see the pullback we had ! Almost 25% down from our recent high over 1500 sats . As you can see we've hit a number 8 in red on our TD Sequential 9 indicator , and I expect it will hit the number 9 later today . That is usually a sign of a trend reversal and so I would expect this to go up soon . Pullbacks are normal and healthy for any chart to continue on to the upside . So we are actually under 1100 sats right now but I don't expect it to go too much lower before the turnaround . You see that pink arrow on the chart ? That is pointing at our light blue 50 MA line ( 50 week moving average . ) And that's a very strong support area . I'm not expecting to break below it . Targets for FET stand - a return to 1500 area and above that going to 3200/3420 area . Fib targets will be in linked chart below . Please be calm ! Pullbacks are normal .
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😃 Join shimmeringpath's friendly free
Telegram chat here : bulls and bears both welcome !
t.me/CryptoRisingTradersChat
Telegram chat here : bulls and bears both welcome !
t.me/CryptoRisingTradersChat
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.