Long
$FET - LONG SET UP (SHORT TERM)
FET graph still looking bullish as all 'ai' coins are.
FET showed strong support despite today's dip, bounced of the 3.618 FIB nicely, then found it's new support where it reversed on the 2.618 FIB level ($0.61290) showing good signs of bottom (on shorter time frame).
A consolidation around the bottom support would potentially pump fet back to the 1.618 level which is also a FET past resistance. ($0.76)
A potential entry but also risky would be on the bottom of the FLAG structure:
= at ($0.6311)
and a tight stop loss below the 2.618 level:
= at ($0.6044)
FET showed strong support despite today's dip, bounced of the 3.618 FIB nicely, then found it's new support where it reversed on the 2.618 FIB level ($0.61290) showing good signs of bottom (on shorter time frame).
A consolidation around the bottom support would potentially pump fet back to the 1.618 level which is also a FET past resistance. ($0.76)
A potential entry but also risky would be on the bottom of the FLAG structure:
= at ($0.6311)
and a tight stop loss below the 2.618 level:
= at ($0.6044)
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