🕯 $FET passes channel movement
Let's consider the 4 hours timeframe of the #FetchAI token chart. There may be an upward price reversal here.
On this timeframe, we see a similar situation to #Bitcoin❗ . There is a rather graphical pattern "price channel" 📈, which is strongly stretched in time.
There are almost no chances for this formation to work out #downward , and accordingly, to reform into the pattern "bearish flag" 🐻. It is most likely that the price will move up gradually.
For now, I expect price movement from the lower boundary of the channel to the upper one. Additionally, it will be confirmed by a break of ~$2.2 resistance 📈
