When we look back at any chart and think to ourselves "Gee, I wish I was buying down there..." we often assume that we'll capitalise on any future opportunities "next time" with zero hesitation. Unfortunately, this isn't the case because instinctively we want to buy when we're "sure" something will go up. By the time we're sure, you can bet everyone else is too! Your bids then function as nice liquidity for the astute accumulators to dump in to. Better luck next time.
To me, FET looks like it's in the final stages of accumulation. Or... in the "I wish I bought" zone prior to explosive price movement. This offers a nice risk/reward for a long(er) term swing trade.
My reasoning:
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To me, FET looks like it's in the final stages of accumulation. Or... in the "I wish I bought" zone prior to explosive price movement. This offers a nice risk/reward for a long(er) term swing trade.
My reasoning:
- Structure: Weekly W. In fact, we're putting in double bottoms within double bottoms.
- Location: Self explanatory, purchasing within the green box is a solid entry.
- Healthy OBV and Willy coming out of oversold.
Hit the LIKE button if you find my analysis valuable and want to support me. Follow to make sure you don't miss any future trade ideas.
交易進行:
Only after you zoom out can you appreciate how much upside potential is possible here. Enjoy the ride.
評論:
交易結束：達到停損點:
Structure broken, waiting for altcoins to cool off before looking to re enter. Still love this location for long term buying.