@Trading_void I don’t even wanna look at the others chart, ugliest and longest h&s ever. Hopefully it really don’t play out but at this point, alts ain’t backing this possibility at all 🤣
@Trading_void Thoughts on $fet? Monthly rsi at 2022 lows, price is back around mid 2023 support. But alts ain’t catching bids as of late, a move down form btc will probably nuke it.
Do you see it having another leg down, maybe touching 10/10 lows?
Been half a decade in Singapore now.
Lived in 7 countries.
This is the only place I’ve seen get noticeably better every single year.
New MRT stations popping up.
Healthy stream of new HDBs and condos.
Public spaces being improved.
Better restaurants.
List goes on.
All things considered, still the best run country on Earth.
@Trading_void I agree too. Chart ain’t looking the best but it’s crypto so it can giga pump anytime. I’ll only enter around $0.2 if it dips down. Which alts are you looking at other than that valid $skyai call?
$FET IS GETTING REJECTED AGAIN AND PEOPLE STILL EXPECT A PUMP
this is exactly how traders get trapped
they keep buying “support”
without realizing structure already flipped
look at the chart
lower highs
trendline pushing price down
every bounce getting weaker
that’s not consolidation
that’s distribution
now focus on those zones
price keeps tapping into supply
and every time it does
it gets sold
that’s controlled selling
not panic
smart money doesn’t dump in one candle
they unload into every bounce
and that’s exactly what’s happening here
now zoom into current price
we’re sitting under resistance
inside a weak structure
buyers can’t push above
and sellers are comfortable defending
that’s imbalance
and imbalance always resolves
down
that path drawn on the chart
lower high → breakdown → continuation
that’s not bearish bias
that’s what the structure is already showing
until this breaks above resistance
and actually holds
there is no real bullish case
$FET right now isn’t “about to pump”
it’s slowly bleeding
and most won’t notice
until the breakdown is already done
$FET accumulation phase is squeezing.
After 70% push in March, the next resistance is at $0.25
Expect trend continuation post breakout and a move towards $0.35