#FET/USDT as I mentioned in my previous post.
The #FET/USDT is in pivot in the 100 moving average and the price will usually continue in the direction of the next candle after the pivot.
For anyone that's asking, what's the pivot of the price? It's usually happening on a major support/resistance and showing a double bottom/double top. 20 and 100 moving average is a major support based on my analysis. When the pivot is showing, the price will either reverse the trend or continue it. This is the time to watch the price in which direction it will go.
#FET/USDT continues its path in a downward correction. The next support that may cause a bounce or reversal of trend is in 20 moving average in the weekly time frame.
As I mentioned before, longer-term time frame is usually stronger than the shorter-term time frame. Let's see what will happen in the #FET/USDT and bitcoin next week.
I still believe that this week will be quite gloomy in the crypto market.
As always, DYOR, good luck and happy hunting!
