iBijan

FEG new update

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GATEIO:FEGUSDT   FEG Token/Tether
Hello, trading view community. Should you like this analysis please support with likes and comment your idea below the analysis. Thanks
Never risk more than you can afford to lose.
Always DYOR
Feg crashed down approximately more than %25.
Here how we did it.
Entry: $0.000000002854
Stop loss: $0.000000003079
Take profit: $0.000000002124
I havr already updated the downtrend channel of the chart, and as one may notice FEG has reacted to the midline of the channel, and on the other hand as long as the weekly support zone (in blue) is valid there may be no more hope for crashing down unless otherwise FEG could break down again so for any bearish trend we need a confirmation candlestick below the current support zone.
This is personal idea and I am not a financial adviser.

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