Yello, Paradisers! 🌟 Is FET/USDT on the brink of a massive bullish move, or are we setting up for a potential fall? Let's dive into the latest analysis to see what’s in store.
💎FET/USDT has recently broken out of its resistance zone, which can now act as support. However, for a solid confirmation, we need an I-CHoCH (Internal Change of Character) towards the bullish market structure. This will significantly increase the probability in our favor.
💎In case of a fall, we can expect a bounce from the small support level. Again, we need an I-CHoCH here for confirmation.
💎However, if there’s a breakdown of the small support and a candle closes below it, this will invalidate our entire analysis.
Trade smart, Paradisers. Consistency and patience are the keys to long-term success in the crypto market. Stay focused and disciplined!