Possible bullish reversal forming for fetch.ai
There is a clear inverse head and shoulders forming right now.
The right shoulder is forming right now, and it's trying to break out of a falling channel.
If it breaks out of the channel with decision it's likely to complete the right shoulder in the near term and start an uptrend against btc.
On top of that the usdt pair is showing similar pattern.
It's hitting on the resistance, the more it tries, the more likely it's going to break it.
Fetch just got listed on coinbase pro, could be the catalyst for an incoming bull run.
This post is for pure education as usual.
There is a clear inverse head and shoulders forming right now.
The right shoulder is forming right now, and it's trying to break out of a falling channel.
If it breaks out of the channel with decision it's likely to complete the right shoulder in the near term and start an uptrend against btc.
On top of that the usdt pair is showing similar pattern.
It's hitting on the resistance, the more it tries, the more likely it's going to break it.
Fetch just got listed on coinbase pro, could be the catalyst for an incoming bull run.
This post is for pure education as usual.