FIDA / TetherUS
Long
Updated

Bonfida (FIDA) - To the moon.

4 321
On he above 4-day chart price action has corrected 99% since $9 in 2021. A number of reasons now exist to be long, including:

1) Price action and RSI resistance breakouts.

2) Price action confirms the 21-week EMA.

3) The falling wedge breakout confirmation may now be used to forecast the market top for this alt.token at 6000% from the lows. That’s just shy of $10.

Is it possible price action corrects further? Sure.
Is it probable? No.

Ww

Type: trade
Risk: <=6%
Timeframe for long: This week.
Return: 2500% from current levels
Trade active
Note
This Solana project has an unusual amount of volume for such a small cap. Perhaps someone can enlighten me, no clue here. Follow the money...

Weekly,
snapshot
Trade active
Is there anything more glorious than weak hands capitulating?
Note
80% in 17 days!
Trade active
Back on original support and has confirmed. A 80% followed the last time that happed.
Note
50 cents next stop.
Note
4 day confirms support on past resistance.

snapshot

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