Fetch has reached a major zone of resistance after showing us some strong bullish movement after breaking those EMAs like nothing.
We are now monitoring that resistance zone for any possible zone of weakness, and as soon as we see one, we will be looking for a possible show position!
Swallow Team
We are now monitoring that resistance zone for any possible zone of weakness, and as soon as we see one, we will be looking for a possible show position!
Swallow Team
Comment:
Swallow Team
Fetch made a good 10% market price movement here after getting good rejection from upper resistance zone!
Swallow Team
Comment:
✅ We got +11.15% of marketprice movement
Since rejection from upper resistance zone, we have had a nice downward movement, breaking both 100 and 200EMAs.
✅ We got +11.15% of marketprice movement
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Now, after a nice rejection, the price is moving below that resistance zone while we are waiting for another attempt to break that lower entry zone.
RSI is still pushing, but we are seeing some signs of a cool-down!
Swallow Team