FET/BTC
FET has failed to hold the golden Fib level at 600 sats areas and now the price is testing the key support between 500 sats regions or the last Fib 0.786.
If FET can't get above this downward trend-line of support in the coming days, I expect 1 more leg down to retest the Swing Low at 470 sats area
before re attempting to break the down-line resistance or potentially change the trend.
FET has failed to hold the golden Fib level at 600 sats areas and now the price is testing the key support between 500 sats regions or the last Fib 0.786.
If FET can't get above this downward trend-line of support in the coming days, I expect 1 more leg down to retest the Swing Low at 470 sats area
before re attempting to break the down-line resistance or potentially change the trend.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.