Fetch.ai flashes bullish MACD signal on the daily chart 🚀

$FET has flashed a bullish MACD crossover on the 1D chart. Based on backtests, the signal shows a solid probability to achieve gains of more than 10%.

The signal calculates the profit potential even higher at a level of 34%.

However, based on the current chart this would imply a break of resistance at $2. If FET manages to break through a run towards $2.5 looks possible.

However, it might wise to take first profit at the $2 level — which still results in 20% gains.

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