$FET passes channel movement
Let's consider the 4 hours timeframe of the Fetch AI 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" đ, which is strongly stretched in time.
There are almost no chances for this formation to work out downwards, and accordingly, to reform into the pattern "bearish flag" đ». 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 đ