Technical analysis by putnatirgo about Symbol FET: Buy recommendation (12/18/2024)

FIL, DOT INJ, ARKM, and TAO may be still in accumulation area judging by volume profile and VWAP. However, DOT seems to have relatively more risks as it has comparably smaller retrace and price is above both POC and VWAP.FIL, INJ ARKM and TAO seems to be most promising to due to 0.5 retraces, price being at either POC, or VWAP or both. TAO seems attractive due to potential reaccummulationLINK and ARB seems too extended, FET also looks unconvincingBTC pair outlook gives additional encouragement