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Venux
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Bullish
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$FET
Price did make some false breakout. But eventually breaking the resistance and closing on breakouts candles higher high. Thus, indicating for a long position. Not goanna lie this trade was pretty risky with all these fake breakouts.
FET Price
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FET
0.705
-0.70%
4.4k
0
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It's ok to have your own opinions but. Nevermind $BTC will dump more. MAYBE 🙂 who saw the future right. I am still saying it will continue dumping because this swing didn't break the previous high. So yeah hoping for another swing that means price will break the lower low of this swing. #peace
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$BTC made a huge upward movement by 6% but on the daily chart we can see that it is making a tweezer top pattern indicating the price will fall soon. This kind of movement actually triggers the liquidation and then continue its trend again. From the hourly chart we can see that price got rejected from 68k resistance area pointing a down trend again. Price can hit 63.5k price in the next 10 hours.
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$SUI Trade cancel price went to 1.6716 that broke the pattern.
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$SUI Is making a reverse cup and handle pattern showing possible down trend. Keep your eyes on SUI now. You can enter when there is a breakout. Possible breakout price area is around - 1.5086
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From my previous post $FET price did bounce from 2.49 area (2.484 more specifically). Well if you couldn't get a chance to hold Fet don't worry there's still perfect time for holding. Yes you can hold straight right now. But if you can't enter now don't worry there are some few points where price may show retracement and will open perfect opportunity for holding. Those are: - 2.7272 - 2.8679 Just wait for the price t go down around these price point Also you can enter after breakout at $2.9 You can also do long in future just manage the liquidation.
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