Fetch.AI may have completed its correction in in parity with USD
I have nothing in favor of this cryptocurrency. However, it is one of those that achieved better performance in the initial phase of the artificial intelligence hype.
The peak of wave 3 was easy to identify during that period; optimism was very high, and a correction could easily start from there. In addition to the technical settings that were quite favorable for this to happen. Any experienced trader easily made profits with this information.
Absolutely normal movement in wave 4. It's interesting how the correction pattern was similar to the previous one (colored boxes).
I waited a long time until I saw a possible reversal setup. That's what I believe might be happening.
Some indicators are still not favorable. In a short-term operation, I wouldn't feel comfortable.
Thanks!
The peak of wave 3 was easy to identify during that period; optimism was very high, and a correction could easily start from there. In addition to the technical settings that were quite favorable for this to happen. Any experienced trader easily made profits with this information.
Absolutely normal movement in wave 4. It's interesting how the correction pattern was similar to the previous one (colored boxes).
I waited a long time until I saw a possible reversal setup. That's what I believe might be happening.
Some indicators are still not favorable. In a short-term operation, I wouldn't feel comfortable.
Thanks!
Trade closed manually:
I'm going to wrap up this post. Check here for the most up-to-date analysis of this asset:
