$FET monthly continues...

Here is another way to visualize this setup applying basic ewt and fibs:

> #FET has just completed an ABC correction, the price was corrected and bounced in the Golden Pocket Fibonacci retracement at 40 cents - If you follow this account, you will remember me saying that this was the "line in the sand" - if this level were to be exceeded, we would have entered a complete bear market.

> Now the ABC correction is complete, a 5-wave impulse is being loaded, this is Wave 1, and the first target is the Golden Pocket based on the previous ABC retracement, which is at $1.5, which also corresponds to the monthly bear trend resistance.

> Wave 1 will hardly break the resistance at 1.5, but let's see, cryptocurrencies are driven by momentum, liquidity has a way of following. But, in my opinion, Wave 3 will be the one that leads to the main breakout. This gives us the Inverted Head and Shoulders pattern.

> Wave 5 will be the big wave that will bring a new all-time high and, using the Fibonacci extension of 1.618, I will be looking at $10-15.

Let's see how this behaves 🫡