Don't Worry,Be Happy FET/BTC #FetchAI #FET $FET

20 abr 2021

Here we see our FET 1 day chart and you can see what appears to be an obvious Cup and Handle pattern .That black line on top shows you the top of our cup. And the dark blue lines coming off the right side show our recent pullback to 800 sat area - and that is the Handle of the Cup . Well, where do we go from here ? Many new traders that have recently come into Crypto are very nervous when they see a big pullback like this ! But the pullback is just part of the pattern. So don't worry ! The Cup and Handle pattern will play out in a bullish way from here-as after the Handle is completed it will break upwards again. And the level it breaks up should be about equal to the depth of the Cup from top to bottom ( as you can see with the pink lines . ) So it seems that this could break up to the 2890 sat area - or somewhere close to it . I can't guarantee it hits there exactly but it seems to be a target . Of course , we should first retake our 1550 high area again - and then push over 2000 sats . Then perhaps on to 2890 though this doesn't necessarily happen in one straight line! There are always a few ups and downs along the way . But FET is still a very bullish chart . I'll link my previous Cup and Handle chart from January below as I've been saying this for months ! FET looks good .