Hello cryptotraders,
We can't publish ideas on 1 min charts so we are doing it on the 15 min. We can count a clean 5 wave upward pattern on FET/USDT with bearish divergence on the 1minute chart. This means that FET will retrace in an ABC structure from here on.
A retrace like that usually stops at the 61.8% fibonacci level so keep an eye on that! We will keep you posted when it happens because we are eyeballing this coin for a short term long trade
Happy hunting!
We can't publish ideas on 1 min charts so we are doing it on the 15 min. We can count a clean 5 wave upward pattern on FET/USDT with bearish divergence on the 1minute chart. This means that FET will retrace in an ABC structure from here on.
A retrace like that usually stops at the 61.8% fibonacci level so keep an eye on that! We will keep you posted when it happens because we are eyeballing this coin for a short term long trade
Happy hunting!