$FET weekly looking like a textbook accumulation bottom. 📉 Price sitting on bedrock support at $0.21 while RSI starts to curl. The "weak hands" have been shaken out by the long consolidation. With the ASI merger being a success, the smart money is quietly filling bags while the chart is red. 🐋💎 Patience pays in the AI sector. 🤝📈
▲ Warning: My charts are for educational purposes. They do not constitute investment advice in any way. Cryptocurrencies are risky assets. Do your own research, friends.Rate this translation:
The charts are whispering a potential repeat performance. After a period of consolidation, $RAVE is looking primed to test those upper resistance levels again. Here is the setup for a potential long play:
We are looking for a strong bounce from the current support. If the volume starts kicking in, we could see a rapid move toward the first target. Manage your risk and trail your stops as we climb!
Disclaimer: Not financial advice. Always do your own research (DYOR) before entering any trade.
The price is hugging the resistance level following a healthy retracement. This "squeeze" looks like a classic continuation pattern for the next leg up.