FETBTC bottoming process: Fetch.Ai support zones to watch
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Fetch.Ai (FET) got the usual launch spike, but has been falling ever since.
There have been 2 clear Imuplses down, whose Ripples are well in control.
Expecting another small bounce, then a 3rd impulse to finish the retracement.
To be honest I am not trading this coin at all, too new for me.
But its behavior exibits the usual rythmic moves defined by Fibs.
So I thought to submit this plot for observation purposes not to trade.
There have been 2 clear Imuplses down, whose Ripples are well in control.
Expecting another small bounce, then a 3rd impulse to finish the retracement.
To be honest I am not trading this coin at all, too new for me.
But its behavior exibits the usual rythmic moves defined by Fibs.
So I thought to submit this plot for observation purposes not to trade.
Note
Looks like we finally hit a support that woke up the bulls. .
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