Analyzing it on every timeframe π
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Golden Trades
FET is fluctuating within this weekly candle. Any price movement between $3.12 and $1.30 is considered sideways on a macro scale, while on a lower timeframe, sideways movement ranges from $2.87 to $1.60. What could be the possible scenarios? Here's what I think:
Golden Trades
FET is fluctuating within this weekly candle. Any price movement between $3.12 and $1.30 is considered sideways on a macro scale, while on a lower timeframe, sideways movement ranges from $2.87 to $1.60. What could be the possible scenarios? Here's what Iβ¦
If FET breaks the $2.16 mark, we could revisit $1.60, taking out that low before continuing to rise.
Golden Trades
If FET breaks the $2.16 mark, we could revisit $1.60, taking out that low before continuing to rise.
On the daily timeframe, FET appears strong and very clear. There is a formation of higher highs and higher lows. Additionally, there is strong support where the price recently experienced multiple buybacks, which could be tested again before continuing to rise.
Golden Trades
On the daily timeframe, FET appears strong and very clear. There is a formation of higher highs and higher lows. Additionally, there is strong support where the price recently experienced multiple buybacks, which could be tested again before continuing toβ¦
On the 4-hour chart, FET has a pivot level at $2.385, where the price is making important moves. It must reclaim this level with three consecutive 4-hour closes above it to establish it as new support and rally higher.
Golden Trades
On the 4-hour chart, FET has a pivot level at $2.385, where the price is making important moves. It must reclaim this level with three consecutive 4-hour closes above it to establish it as new support and rally higher.
In short, FET has always been bullish and continues to be so. Thereβs nothing you can do about itβjust accept the reality π
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Golden Trades
In short, FET has always been bullish and continues to be so. Thereβs nothing you can do about itβjust accept the reality π
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Medium
Why Uniswap?
Did you know what the top 3 DEXs by TVL look like?
$4-5 soon.
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Forwarded from Golden Trades VIP
CZ settled the case and traveled to the U.S., bringing $4 billion, which was clearly agreed upon at that time.
Now, something is obviously going wrong. He's under house arrest, and denied the opportunity to see his family (and CZ is a father of many children). A real prison sentence now looms, despite the already concluded $4 billion deal.
This is very reminiscent of the political arrest of the Huawei founder's daughter (who was also Canadian).
It's sad that if CZ is imprisoned, the issue with arrests and criminal cases won't just fade away, but will start anew.
Why is CZ detained, while hundreds of other crypto dealers are free, and many are even in the U.S.? And the Chinese will seek revenge, finding and pouring dirt on everyone.
A good scenario would be a short term of house arrest and full release. Otherwise, there will only be more uncertainty in our already fragile market.
A bad scenario is a real sentence for one of China's top businessmen (he is a figure like Pavel Durov).
Imagine the scale of compromising materials that CZ and his friends hold. Correspondences, including with American funds, founders. All this will inevitably appear, either in parts or all at once.
The SEC and other agencies will not be able to ignore these leaks and will have to react, which overall will undermine confidence in the crypto industry.
Even if CZ says, "Let me be the only victim," it won't stop anything; many others will simply want revenge.
No matter how you look at it, bad scenarios abound, and the LUNA-FTX-SAM-CZ saga continues.
CZ could very unfortunately fall victim to the political machinery of the U.S., and the whole crypto industry along with him.
I am still optimistic though :)
If CZ is imprisoned, your deposit will pay the price, nothing personal, it's just crypto π
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It can spend some time in a range here before continuing upward.
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We were bullish. We are bullish. We will remain bullish.
If you followed me, you would know I was happy and strongly convinced that the recent dump was just a distraction.
If you followed me, you would know I was happy and strongly convinced that the recent dump was just a distraction.
Forwarded from Golden Trades VIP
π BUY: FLOKIUSDT
π Entry Point: 0.00018-0.00020
βοΈ Stop-Loss: 0.000138
π― Take-Profit #1: 0.0002485
π― Take-Profit #2: 0.0002900
π― Take-Profit #3: 0.0003800
π 10% OFF fees on Bitget Σ @GoldenTrades
π Entry Point: 0.00018-0.00020
βοΈ Stop-Loss: 0.000138
π― Take-Profit #1: 0.0002485
π― Take-Profit #2: 0.0002900
π― Take-Profit #3: 0.0003800
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