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Fetanalysis

You won't believe how much FET is falling!The FET symbol exploded by more than 900% in the previous months and then entered a correction. Where I wrote "START" on the chart is where the FET symbol entered the corrective phase. In the corrective phase The FET symbol, after completing a bearish wave (wave A), is now oscillating in a neutral range, appearing to be completing a large bearish triangle. After the completion of waves D and E, the FET symbol enters a large bearish wave C. I marked the invalidation level on the chart. Closing a daily candle above this level will violate the analysis. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
CRYPTO:FETUSD
by behdark
3
FET SHORT SETUPIt has started a good move after hitting Demand. In my opinion, this is a pullback for the formation of HL in this daily downtrend. We have two good ranges for Sell/Short trades. The first range is FVG and the second range is OB. I don't expect the price to be able to close a candle above the OB range in the daily time frame. I have also specified the invalidation level, which is the closing of a daily candle above this level. I also marked the targets on the chart .When we reach the first target, save some profit and then change the stop to entry For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark