@KGTradingCrypto

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Avg. Quality

74

Success Rate

26.91

Analysis

457
Correct
123
Fail
281
Pending
50
Ineffective
0
Total Quality
Score
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Pending
FETUSDT
Long Entry 0.2779 2026-01-07 18:03 UTC
Target 0.4500 Fail 0.2100
Risk/Reward 1 : 3
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FETUSDT
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
The analysis focuses on Elliott Wave Theory to predict price movements for Render, FET, and Injective. For Render, the presenter identifies the completion of a micro-level Wave 3 within a larger impulse. A correction is anticipated for Wave 4, targeting the 0.236 Fibonacci retracement level at $2.1576, with a potential deeper retracement to the 0.382 Fibonacci level at $1.9334. Following this correction, a Wave 5 impulse is projected, with targets ranging from the 0.618 Fibonacci extension at $2.8677 to the 1.0 Fibonacci extension at $3.5531. The bullish impulse scenario is invalidated if prices fall below the Wave 1 peak, estimated around $1.45. For FET, a similar pattern is observed, with Wave 3 concluded and a complex corrective Wave 4 expected. The current price is approximately $0.28. After the correction, a bullish Wave 5 is targeted, with potential price levels reaching $0.3984 (1.618 Fibonacci extension) and $0.5277. The bullish outlook for FET would be invalidated if prices drop below $0.2185, representing the Wave 1 peak of the preceding impulse. Injective's analysis indicates the completion of a Wave 1 impulse after a complex WXY corrective structure. The market is currently consolidating, suggesting a Wave 2 correction. This correction is expected to retrace to the 0.382 Fibonacci level at $5.1588 or the 0.5 Fibonacci level at $4.9496. Following this, a strong Wave 3 is projected to extend to targets like the 1.0 Fibonacci extension at $6.1228 or the 1.618 Fibonacci extension at $6.5534. The bullish impulse for Injective is invalidated if the price falls below the Wave 1 origin point, specifically below $3.7172.
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