ðĨ FET Long-Term Opportunity: Bullish Channel
Since the corona sell-off over a year ago, FET has been trading inside a bullish channel, bouncing off either trend line over 2 times now.
With BTC's regained confidence and bullishness, it might be time to consider entering long-term trades again.
One of the tokens on my list is FET, because of the aforementioned reasons. At the moment, I'm eyeballing the green entry area for a potential buy into the market and keeping it till at least the end of the year.
On the other hand, if a bullish break out from BTC occurs, FET will naturally follow. A daily close above 0.43 would be a nice start to start looking for entries since we can assume that we're going to see a new bullish move soon.
Long-term target would be $2. Might be a stretch, but if we get another move like we've seen earlier this year it's definetely possible.
Happy trading!
With BTC's regained confidence and bullishness, it might be time to consider entering long-term trades again.
One of the tokens on my list is FET, because of the aforementioned reasons. At the moment, I'm eyeballing the green entry area for a potential buy into the market and keeping it till at least the end of the year.
On the other hand, if a bullish break out from BTC occurs, FET will naturally follow. A daily close above 0.43 would be a nice start to start looking for entries since we can assume that we're going to see a new bullish move soon.
Long-term target would be $2. Might be a stretch, but if we get another move like we've seen earlier this year it's definetely possible.
Happy trading!
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