Fetch AI / EURO - A break out already in progress
Updated
Fetch AI / EURO
I missed the breakout but it was so obvious...
✅Cup and Handle breakout
✅OBV volume breakout (green circle)
✅High Volume Profile
⌛️Possible parabolic curve
There is 141% upside "potential" here but I would like a pull back before entry
▫️ Fetch Ai is 69th by market cap on Coin Market Cap (multiples possible) and has an AI narrative / offering
FET
I missed the breakout but it was so obvious...
✅Cup and Handle breakout
✅OBV volume breakout (green circle)
✅High Volume Profile
⌛️Possible parabolic curve
There is 141% upside "potential" here but I would like a pull back before entry
▫️ Fetch Ai is 69th by market cap on Coin Market Cap (multiples possible) and has an AI narrative / offering
FETNote
Fetch AI - FETEntered a small position at $1.43 (in slight profit)
I am actually 50:50 on the outcome on this one but with the strong break out on the cup and handle and the return of high volume I have opened a small position.
I have a longer term view here, whereby I think this could 9x or 10x this cycle but lets start with this less than modest trade set up with a small position
I've been circling FetchAI for weeks and can no longer ignore the chart. Downside risk is a sizable 27%, so I have kept position size small (so I have an opportunity for multiples later in the cycle with minimal risk RIGHT NOW).
PUKA
Note
FET/EURO - 94.6% unrl.profit so farFetchAI continues to perform and we are now sitting on a 94.6% profit. On Balance Volume continues to rise. IF there any sudden changes I will revisit.
I remain fully allocated.
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