📢 $FET / $USDT | 🟢 LONG | ⭐ 73.5%
🎯 Goal: $0.1479. Does it achieve it?
🎯 Trading levels:
🟢 Entry: $0.1419
🛑 Stop Loss: $0.1383
🏁 TP1: $0.1479
🏁 TP2: $0.1491
🏁 TP3: $0.1515
📈 Analysis:
The asset $FET shows bullish alignment across all timeframes, with an ADX of 58.23 confirming a strong uptrend. The structure is supported by a confirmed triple bottom and a bullish MACD crossover (momentum indicator), while increasing volume (1.64x vs. the average) validates buying strength over the VAH (volume profile value high) of $0.136486.
⚖️ Risk/Reward: 1:1.67
⏱️ Timeframe: 1H
📐 Technical confidence: 4/5
The thesis is invalidated if the price breaks the stop loss at $0.1383, losing the structure of higher lows. It’s essential to monitor that the RSI (relative strength indicator) at overbought levels does not turn into a bearish divergence that halts the current momentum.
Do you think the current volume is enough to break the recent highs of $FET ?
💡 This analysis is for educational purposes and is not financial advice. Do your own research and decide calmly.
#crypto #FET #trading #Futures #Bullish
🎯 Goal: $0.1479. Does it achieve it?
🎯 Trading levels:
🟢 Entry: $0.1419
🛑 Stop Loss: $0.1383
🏁 TP1: $0.1479
🏁 TP2: $0.1491
🏁 TP3: $0.1515
📈 Analysis:
The asset $FET shows bullish alignment across all timeframes, with an ADX of 58.23 confirming a strong uptrend. The structure is supported by a confirmed triple bottom and a bullish MACD crossover (momentum indicator), while increasing volume (1.64x vs. the average) validates buying strength over the VAH (volume profile value high) of $0.136486.
⚖️ Risk/Reward: 1:1.67
⏱️ Timeframe: 1H
📐 Technical confidence: 4/5
The thesis is invalidated if the price breaks the stop loss at $0.1383, losing the structure of higher lows. It’s essential to monitor that the RSI (relative strength indicator) at overbought levels does not turn into a bearish divergence that halts the current momentum.
Do you think the current volume is enough to break the recent highs of $FET ?
💡 This analysis is for educational purposes and is not financial advice. Do your own research and decide calmly.
#crypto #FET #trading #Futures #Bullish