FET 4h view, indicators and lookout
2024-11-29

As stated in the weekly view of my previous post it looks like it will consolidate but respect the bottom trendline and prepare for a further move up. 

zooming in into  BINANCE:FETUSDT  in the 4h shows us a few things.

- we got rejected from the current major resistance since the flip in june 24.
- a horizontal resistance mixes with a upwards oriented trendline -> potential breakout upwards
- the fib levels from the past major moves high and low indicate the next important markers for 50% fib level and the golden pocket to look out for. 
