Over the last three weeks or so, FET has been trading alongside the dotted trend line. Every time the price touched the line, the price reversed.
With the market going down this morning, it appears that FET has found support and is reversing. Most bullish case would be the continuation of this reversal, targeting $1 and potentially $1.1 in the coming week.
Bearish scenario would be for the trend line to break. Bearish target placed at $0.67.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.