Fetch.AI / TetherUS
Long

FetchAI · $3.33 · Elliott & Market Waves

655
FetchAI is in a standard situation. Notice how small is the first bullish move. This is always wave 1. Between 7-April and 23-May.

Wave 2 would be the consolidation pattern and here is why I continue to say that the next high will not be the end of the bull market.

Wave 3 is the next advance, the one that will develop after FETUSDT breaks out of the consolidation pattern. The peak can be $3.33 or can be higher.

After this peak, we have wave 4 which is another correction similar to wave 2. The difference is that wave 2 lasted a long while while wave 4 will be quick.

Finally, wave 5 will produce the bull run and potential all-time high. Not all pairs will hit a new all-time high but the highest prices will definitely be reached within the fifth wave.

It is still early for FETUSDT. There is plenty of room left available for growth.

Namaste.

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