Fellow programmers.
Happy #hacktoberfest. This event, hosted over here, is about giving back to open source projects. We encourage you all to check it out and make some contributions. We prepared some issues by ourself, they can be found here, but fear not to take on other issues in our repo.
If you have any questions, feel free to ask them away in our chats, we are there to help!
#FET/USDT Analysis-
The price has formed a symmetrical triangle pattern. Given the current bullish market scenario, there is a high probability of an upward breakout.
If the breakout occurs, the price is likely to rally toward the target zone from the breakout point.
T.F.- 1-D
ENTRY- as soon as it gives breakout
SL- 1.2
TARGET- 2.04
Note: If the stop-loss is triggered before entry, disregard the trade as the price action may develop differently.
#FET/USDT analysis :
#FET has broken down the 200 EMA and previous support levels. It is now undergoing a pullback and retesting the resistance zone. The price is expected to reject from there and bounce back to continue its bearish momentum.
TF : 1H
Entry : $1.170
Target : $1.057
SL : $1.252