The current trend of FET is very likely still in the process of constructing the fourth wave. The chart shows a clear triangular pattern (bullish scenario), and a complex WXY wave structure has also appeared. Support levels at the micro level remain stable and continue to be worth关注. Such consolidation phases are often preparatory stages before a major move. If the technical support levels are not broken, the subsequent rebound potential is worth期待.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
10 Likes
Reward
10
7
Repost
Share
Comment
0/400
DeFiChef
· 6h ago
The triangle pattern is consolidating again. Be careful to hold the support this time.
View OriginalReply0
FomoAnxiety
· 6h ago
Damn, it's the wave theory again... I find this triangle pattern really headache-inducing. Every time they say it's building up, it crashes violently. Is this for real?
View OriginalReply0
UnluckyMiner
· 9h ago
View OriginalReply0
GmGmNoGn
· 9h ago
As long as the support level holds, there shouldn't be any problem. The only concern is if it suddenly breaks down... FET is a bit of a tormenting thing.
View OriginalReply0
ForumLurker
· 9h ago
Oh no, it's wave theory again. Can't we avoid getting proven wrong this time?
View OriginalReply0
Web3Educator
· 10h ago
alright so let me break this down for my students real quick—elliot wave theory in crypto charts can be deceptively tricky. the triangle formation you're spotting here? that's actually the classic pre-breakout pattern I always reference in my bootcamp lectures. ngl though, support holds are crucial rn, otherwise we're just watching consolidation theater lol
The current trend of FET is very likely still in the process of constructing the fourth wave. The chart shows a clear triangular pattern (bullish scenario), and a complex WXY wave structure has also appeared. Support levels at the micro level remain stable and continue to be worth关注. Such consolidation phases are often preparatory stages before a major move. If the technical support levels are not broken, the subsequent rebound potential is worth期待.