Fetch.AI Remains Bullish

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Cryptocurrency Fetch.AI with ticker FETUSD has been very strong in the last couple of months and seems like it’s unfolding a five-wave bullish impulse away from the lows.

If we take a closer look in the 4-hour chart, we can see it slowing down in a corrective a-b-c fashion, which belongs to a higher degree wave 4 correction. Wave 4 correction can be actually already completed at projected 0.30 support level, so wave 5 could be underway towards 1.0 area that can be reached within a new five-wave bullish cycle of the lower degree.

(Click on image to enlarge)

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Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only. Visit www.wavetraders.com for more ...

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