This Friday, I’ll chart your Altcoin picks in an exclusive subscriber-only TA newsletter and will cover as many as I can
So if you’d like to have an Altcoin charted, feel free to share max. two TA requests each in the comments below.
I’ll chart the Altcoins that get mentioned and ‘Liked’ the most.
Click the buttom below to leave a comment with your TA request!
In today’s edition of the Rekt Capital Newsletter, the following cryptocurrencies will be analysed and discussed:
- Fetch ai (FET)
- Woo Network (WOO)
- Dogecoin (DOGE)
- Neo (NEO)
- Ocean Protocol (OCEAN)
Let’s dive in.
Fetch ai - FET/USDT
Last week, we spoke about a potential reversal for FET:
Here is today's update:
FET has rallied +20% to the upside, reversing from the green area of support and rallying into the blue resistance level ahead.
It would be bullish of course for FET to reclaim the blue level as support because reclaiming the blue level would enable FET to rally even beyond the black resistance at $0.36.
For the moment however, it is acting as resistance.
In fact, FET has been upside wicking into this resistance for the past 2.5 months now, failing to reclaim this blue level as support each time.
Therefore technically - FET is as a result locked into a range (green box support to blue horizontal resistance) until further notice.
Continued rejection at the blue resistance could force price back into the green region, as has been the case over the past 2.5 months.