$FET - update: Honestly this charts looks pretty bearish. Did you followed my last HTF analyses??
The main trend turned bearish. I see a rising wedge [H4] view and a bearish retest on the daily view! 📉
➡️The short term price is neutral and moving between the wedge pattern. We may see another bullish reaction on the 1.500$ support zone; but I expect a breakout downard for the mid term and a potential new low!
I guess it has something to do with the new #ASI token merge! #FET holders will probably lose out in the end!
➡️The price could range between the 1.10 - 1.830$ zone. As long as there is no breakout above 1.850$, I don't recommend you to hold it for the long term.
#DYOR #Fetch_ai #fet.ai
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