Fetch (FET): Reaching Zone of Resistance

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

Kommentar:

Fetch has made a good rejection from the upper resistance zone while also showing some strength after reaching $2.388.

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

Kommentar:

Fetch made a good 10% market price movement here after getting good rejection from upper resistance zone!

Swallow Team

Kommentar:

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

Trade geschlossen: Ziel wurde erreicht:

Fetch has made a nice downward movement cooling down also the RSI. Currently price is back near EMAs looking for a potential breakdown or a bounce!! Keep an eye on this zone!

🟢Trade Was Successful / +17.59%