FETCH USD new wave up looks likely
FET has been in a down trend since its launch. The price is currently sitting below the moving average on the longer time frame charts (this is the 4 day chart)
However the price action is going sideways and slowly rising and has started to approach the EMA (Length 20)
Potential for at least 60% gains (resistance at the slower moving average (Length 50).
Trend lines on chart show support and resistance levels. We are close to crossing over major resistance channel and it could indicate a reversal in which case longer term targets could be as high as 700%.
RSI and Stoch RSI also show momentum is starting to swell upwards
Set stop loss and trade wisely, trade is marked on the chart with the long position.
However the price action is going sideways and slowly rising and has started to approach the EMA (Length 20)
Potential for at least 60% gains (resistance at the slower moving average (Length 50).
Trend lines on chart show support and resistance levels. We are close to crossing over major resistance channel and it could indicate a reversal in which case longer term targets could be as high as 700%.
RSI and Stoch RSI also show momentum is starting to swell upwards
Set stop loss and trade wisely, trade is marked on the chart with the long position.
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