FET breakout from wedge, retesting level, buying zone!Morning fellow traders!
So far, FET have been flagging out of the falling wedge, before the sudden 20% spike we saw yesterday. This spike quickly got sold off again, and we're back to retest the level for the third time. This is a LOW RISK trade. You'd want to enter within the green zone, and place your SL at/below the red line. If we break the red line, we are likely to retest the lowest point on the chart, which is from the listing-day. The black lines are representing different levels you'd expect FET to respect if we break up from here again.
I want to get this chart out as quickly as possible, so I'm cutting it here!
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Pureinvestments
MTL at the bottom of Ascending TriangleMTL has held up super strong in this recent whatever you want to call it that we are in. I keep coming back to it for trades and even miss out on it when I think to myself its too risky.
We are bouncing off the bottom of this ascending triangle and still within the alternative which is a channel. I think we could hit the top of this triangle that we have moved into as MTL has performed very well. Lots of manipulation on this coin though and wash trading to boost volume. I don't think the whales will let this fall below the channel.