✅🔥$FET price movement analysis using descending channel.🔥✅
currently $FET moving along the descending channel. Usually the descending channel indicator is for short seller traders who understand its pros. and cons. Here we presented two possibilities: how to play out.
i) Figure 1 displays that if $FET in a descending channel fails to break out then it will fall sharply in downward direction and touch the lower part of the channel if held then rebound.
ii) Figure 2 displays that if #FET breaks the resistance of the descending channel and on completing a successful retest then price go up higher.
iii) Spot buyers can buy within the channel and DCA if they bought at a higher price. Markets always create opportunities so wait for opportunity and don't be in a #FOMOFactor .
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This is not financial advice. DYOR for financial activities.
