$FET A very strong target in the AI sector
Let's first look at the structural trend of its historical market and the current structural trend. We can see that the current high and low points are constantly rising, which is a very healthy upward structure.
And in the falling structure, we can see that the previous high point is also at the key neckline position, from which we can also know the importance of this position
Recommended entry
After breaking through 1.7689, there was a wave of retracement to test the effectiveness of the breakthrough and key positions. At that time, it was a very good opportunity to enter the market.
After the market on May 22, the price started to fall smoothly without showing any obvious key position. After breaking through the neckline, there will be no obvious resistance to prevent the price from moving upward.
But it can also be observed that the 2.6886 top position forms resistance. After the neckline is broken, the resistance level that needs to be tested later is critical.
The rebound after the decline also tested the neckline at 1.769 on June 26. It can also be seen that the key neckline here has been tested many times in the historical market at the top.
A second test was conducted here on September 24, and it can also be concluded that the resistance here is still valid.
Recommended entry position
1.2575 is the support and resistance exchange position, and there have been many tests. If the subsequent market can still come here, it is still a place to pay attention to enter the market. It should be noted that the key position is an area, not a point, and a 5% stop loss is enough.
There are two opportunities to enter the market. One is the opportunity to step back when the market has not yet broken through, and the other is the prediction of a step back after the breakthrough. Both are good opportunities to enter the market.
#美国大选如何影响加密产业？ #Fet #FET/USDT