$FET Perfect Storm is Brewing

FA:
CogX June 10-12th (June 11th 5pm for the Fetch.AI timeslot)
SA:
Binance IEO sentiment is at an all time high.
TA:
Daily looking strong, losing the daily diagonal would not be good.
Invalidation:
dumping could return us back to the daily POC or below.

Generally bullish on as a long term hold.

Note

A/D indicator and Time bars don't hold any significance here, just playing around with them.

Short-term update: H1 closed above the first weekly red and daily black resistance, continuation would run it up to .2500.

Don't want to get too hopeful yet as might chad pump/dump, will update trend-lines when/if we break both weeklies on the H4.

Trade active

~No retest yet on the first weekly (now support), a strong closeout on this hourly candle and we're primed to move up to the next weekly resistance. All eyes on the H1 close in ~40 minutes.

Note

The Doji right on the daily black line is another good confirmation.

Note

Things are looking great, is making a run for it as well. I think we retest the upper weekly tonight. A clear break through and this sh*ts going to go ballistic.

If the meme diagonals break I think we test the black resistance on the daily before bouncing up again.
$19M marketcap vs $88.1M 24h volume is extremely bullish (cz MMs), i have stops up just incase dumps here.

Note

^Meant to post this chart above.

Trade closed: target reached

Stopped out above.

1.95R tweezers on the M30, going for a scalp.

Trade active

Tightened stops. 2.44R.

Trade closed: stop reached

Eyeing the .618 retracement to restock, if starts running i'll eye the upper weekly breakout/rejection.

2.44R trade got stopped, would have been fine with looser stops. keeping me cautious still.

Trade active

Hit the .681 retracement, not the greatest breakthrough and the H1 hasn't closed yet. Filling up further on the retest of .25 and then i sit on my hands for a few days.

Note

Stopped out, not inclined to reload at the .618 due to the constant retests. stealing binance liquidity, rightfully so.

Focusing on until majors cycle. Will re-enter alt setups at a later time.

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